Contingent

$229,000

2608 16th STREET, Racine, WI 53405

--beds

--baths

--sqft

Est.:

Multi Family, Apartment

Built in 1909

-- sqft lot

$226,300 Zestimate^®

$--/sqft

$-- HOA

What's special

New roof

Turnkey investment opportunity with strong cash flow potential! This well maintained 3 unit property has been thoughtfully updated by the current owners, offering peace of mind and immediate income potential. Featuring two 1 bedroom units and one spacious 3 bedroom unit, this property is perfect for investors looking to generate steady rental income or for an owner occupant seeking to offset their mortgage. With solid rental appeal and pride of ownership throughout, this is a rare chance to step into residual income from day one. New roof and siding within the last 5 years!!!

30 days

140

5

Facts & features

Interior

Heating

Electric, Individual Heating Units

Cooling

Individual Heating Units

Features

Basement: Full
Has fireplace: No

Property

Parking

Parking features: Outdoor Space, Inside Parking, Outside

Lot

Size: 3,049.2 Square Feet

Details

Parcel number: 09489000
Zoning: Residential R3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Vinyl Siding

Condition

21+ Years
New construction: No
Year built: 1909

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Racine
Municipality: Racine

Financial & listing details

Tax assessed value: $107,000
Annual tax amount: $3,645
Date on market: 4/6/2026
Inclusions: Refrigerator(S)
Exclusions: Seller And Tenant Personal Property

Estimated market value

$226,300

$215,000 - $238,000

$1,287/mo

Price history

Date	Event	Price
4/10/2026	Contingent	$229,000
Source: WIREX MLS #1956461 Report a problem
4/6/2026	Listed for sale	$229,000+4.3%
Source: WIREX MLS #1956461 Report a problem
1/24/2026	Listing removed	$219,500
Source: WIREX MLS #1945129 Report a problem
1/8/2026	Price change	$219,500-2%
Source: WIREX MLS #1945129 Report a problem
12/13/2025	Listed for sale	$224,000+1.8%
Source: WIREX MLS #1945129 Report a problem
5/23/2024	Listing removed	--
Source: WIREX MLS #1871241 Report a problem
5/16/2024	Price change	$220,000-8.3%
Source: WIREX MLS #1871241 Report a problem
5/9/2024	Listed for sale	$240,000
Source: WIREX MLS #1871241 Report a problem
5/8/2024	Pending sale	$240,000
Source: WIREX MLS #1871241 Report a problem
5/4/2024	Price change	$240,000-4%
Source: WIREX MLS #1871241 Report a problem
4/15/2024	Listed for sale	$250,000+138.1%
Source: WIREX MLS #1871241 Report a problem
11/9/2023	Sold	$105,000-15.9%
Source: WIREX MLS #1843865 Report a problem
10/2/2023	Pending sale	$124,900
Source: WIREX MLS #1843865 Report a problem
9/5/2023	Price change	$124,900-13.6%
Source: WIREX MLS #1843865 Report a problem
7/26/2023	Listed for sale	$144,500+92.7%
Source: WIREX MLS #1843865 Report a problem
6/26/2017	Sold	$75,000+275%
Source: Public Record Report a problem
2/14/2013	Sold	$20,000-77.8%
Source: Public Record Report a problem
7/12/2005	Sold	$90,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,182 -3.9%	$107,000
2023	$3,311 +24.9%	$107,000 +10.3%
2022	$2,651 -19.7%	$97,000 +10.2%
2021	$3,300 +28.4%	$88,000
2020	$2,571 -20.9%	$88,000 +4.8%
2019	$3,249 -6.1%	$84,000
2018	$3,461 +40.3%	--
2017	$2,466 +20%	$77,000 +22.2%
2016	$2,055	$63,000 +5%
2015	$2,055	$60,000
2014	$2,055	$60,000 -7.7%
2013	$2,055 -47.9%	$65,000 -13.3%
2012	$3,948 +3.5%	$75,000 -6.3%
2011	$3,814 +16.6%	$80,000 -4.8%
2010	$3,270 +8.4%	$84,000 -9.7%
2009	$3,015 +14.7%	$93,000
2008	$2,628 +1.1%	$93,000
2007	$2,600 +27.3%	$93,000 +4.5%
2006	$2,043 -1.6%	$89,000 +11.3%
2005	$2,076 +3.5%	$80,000
2004	$2,006 +0.4%	$80,000
2003	$1,999 +9.2%	$80,000 +8.1%
2002	$1,830 +5.1%	$74,000 +12.1%
2001	$1,741 +4.2%	$66,000 +6.5%
2000	$1,671	$62,000