Turnkey investment opportunity with built-in cash flow! This well-maintained duplex features two 2-bedroom, 1-bath units, each offering functional layouts and great rental appeal. The lower unit has been nicely remodeled with modern finishes, making it desirable for tenants, while the upper unit offers value-add potential for increased rents with some updates. Property includes a large fenced backyard, perfect for tenant enjoyment, plus a private driveway for off-street parking. No garage but driveway parking for 2 vehicles. Excellent tenant payment history with leases already in place--start earning income from day one. This property may qualify for DSCR financing, making it an easy addition to your portfolio. Don't miss this opportunity to secure a performing asset with upside potential!
Active
$190,000
1718 Erie STREET, Racine, WI 53402
4beds
2,255sqft
:
Get pre-qualified$1,331/mo
Multi Family, Duplex
Built in 1884
-- sqft lot
$-- Zestimate®
$84/sqft
$-- HOA
What's special
Functional layoutsLarge fenced backyard
- 120 days |
- 508 |
- 27 |
Zillow last checked:
Listing updated:
Listed by:
Melissa Lenz PropertyInfo@shorewest.com,
Shorewest Realtors, Inc.
Source: WIREX MLS,MLS#: 1955502
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Basement: Block,Full
- Has fireplace: No
Interior area
- Total structure area: 2,255
- Total interior livable area: 2,255 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage, 1 Space
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 04056000
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Aluminum/Steel, Aluminum Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1884
Utilities & green energy
- Electric: 2 Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: 2 Electric Meters, 2 Gas Meters
Community & HOA
Location
- Region: Racine
- Municipality: Racine
Financial & listing details
- Price per square foot: $84/sqft
- Tax assessed value: $157,200
- Annual tax amount: $3,651
- Date on market: 3/27/2026
- Inclusions: None
- Exclusions: Tenant's Appliances, Tenant's Personal Property
Estimated market value
Not available
Estimated sales range
Not available
$1,580/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Listed for sale | $190,000$84/sqft |
Source:  WIREX MLS #1955502 Report a problem | ||
| 5/28/2025 | Listing removed | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 4/30/2025 | Listed for rent | $1,000 |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,934 +10.5% | $157,200 +10.5% |
| 2024 | $3,559 +2.1% | $142,300 +11.2% |
| 2023 | $3,487 +16.5% | $128,000 +12.3% |
| 2022 | $2,993 -2.5% | $114,000 +9.6% |
| 2021 | $3,071 +1.1% | $104,000 |
| 2020 | $3,039 +12.6% | $104,000 +10.6% |
| 2019 | $2,698 +1.9% | $94,000 +10.6% |
| 2018 | $2,647 -1% | $85,000 |
| 2017 | $2,674 -27.2% | $85,000 +4.9% |
| 2016 | $3,671 | $81,000 +3.8% |
| 2015 | $3,671 | $78,000 |
| 2014 | $3,671 | $78,000 -8.2% |
| 2013 | $3,671 -22.7% | $85,000 -10.5% |
| 2012 | $4,749 +25.3% | $95,000 -13.6% |
| 2011 | $3,788 +11.8% | $110,000 -3.5% |
| 2010 | $3,390 +10.1% | $114,000 -1.7% |
| 2009 | $3,078 +14.8% | $116,000 +1.8% |
| 2008 | $2,681 -8.5% | $114,000 +4.6% |
| 2007 | $2,931 +30.1% | $109,000 +6.9% |
| 2006 | $2,253 +3.4% | $102,000 +7.4% |
| 2005 | $2,179 -12.8% | $95,000 +11.8% |
| 2004 | $2,500 +19.1% | $85,000 +7.6% |
| 2003 | $2,099 -1.9% | $79,000 +5.3% |
| 2002 | $2,141 +7.8% | $75,000 +5.6% |
| 2001 | $1,986 +5.4% | $71,000 +4.4% |
| 2000 | $1,884 | $68,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 53402
Nearby schools
GreatSchools rating
- 3/10Roosevelt Elementary SchoolGrades: PK-5Distance: 0.6 mi
- NAGilmore Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Horlick High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: Racine
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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