Skip main navigation
Active
  • $499,900

    512 16th STREET, Racine, WI 53403

    --beds
    --baths
    --sqft
    : 
    $3,716/mo
    Get pre-qualified
    Multi Family, Apartment
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Dry basement
    Here we have a rare 5 unit building cash flowing at almost $5000 per month. 4 blocks from the beautiful Racine Beach. All feature 2-3 bedrooms with 1 bathroom. Units were all updated 4-5 years ago. Roof was installed in April of 2025. Dry basement and untapped income potential of 4 car garage that is not being utilized currently. Fully rented and turn key do not miss out on your chance to own this quality investment.
    10 hours
    7
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    Lance Wooten Team* 262-424-9888,

    Riverwest Realty Milwaukee

    Source: WIREX MLS,MLS#: 1981365MLS LogoOriginating MLS: Metro MLS

      Facts & features

      Interior

      Heating
      • Natural Gas
      Features
      • Basement: Block,Full
      • Has fireplace: No

      Property

      Parking
      • Parking features: Indoor Space, Inside Parking, Outside
      • Has garage: Yes
      Lot
      • Size: 8,712 Square Feet
      Details
      • Parcel number: 01235000
      • Zoning: B1

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Apartment
      Materials
      • Brick/Stone, Brick, Wood Siding
      Condition
      • 21+ Years
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Racine
      • Municipality: Racine

      Financial & listing details

      • Annual tax amount: $8,204
      • Date on market: 9/19/2026
      • Inclusions: 5 Refrigerators, 5 Stoves
      • Exclusions: Tenant's Personal Property

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/19/2026Listed for sale$499,900
        Source: WIREX MLS #1981365 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Live Towerview

        Getting around

        56 / 100
        Somewhat Walkable
        45 / 100
        Some Transit
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

        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.

        Browse local experts