Exceptional investment opportunity in the heart of Downtown Racine! This fully occupied mixed-use property features 12 residential units and 2 commercial storefronts, offering strong and consistent cash flow with upside potential. Many of the apartment units have been updated, blending modern improvements with classic character and appeal. **Comes with parking lot in back!Recent improvements include a new roof, 2 boilers and hot water heaters, helping lower future maintenance costs. The property also features a newly updated on-site laundry facility with a 24-hour live security feed for added tenant safety and convenience.Located in a prime downtown location near shopping, dining, entertainment, and Lake Michigan, this well-maintained property is an excellent opportunity for invest
Active
$1,440,000
614 6th STREET, Racine, WI 53403
--beds
--baths
--sqft
:
Get pre-qualified$10,479/mo
Multi Family, Apartment
Built in 1928
-- sqft lot
$1,371,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 74 days |
- 184 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Devin Cain 262-902-9152,
Realty ONE Group Boardwalk
Source: WIREX MLS,MLS#: 1964752
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas, Hot Water/Steam
Appliances
- Included: Dryer, Washer, Seller Owned: Water Heater
Features
- Basement: Full
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 5,227 Square Feet
Details
- Additional parcels included: 00022001
- Parcel number: 00027000
- Zoning: B4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick/Stone, Brick, Stone
Condition
- 21+ Years
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Racine
- Municipality: Racine
Financial & listing details
- Tax assessed value: $559,000
- Annual tax amount: $15,031
- Date on market: 5/29/2026
- Inclusions: All Seller Owned Appliances.
- Exclusions: Tenants Personal Property
Estimated market value
$1,371,900
$1.30M - $1.44M
$1,378/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Listed for sale | $1,440,000+63.6% |
Source:  WIREX MLS #1964752 Report a problem | ||
| 8/13/2024 | Sold | $880,000-2.2% |
Source: WIREX MLS #1880705 Report a problem | ||
| 6/28/2024 | Contingent | $900,000 |
Source: WIREX MLS #1880705 Report a problem | ||
| 6/22/2024 | Listed for sale | $900,000 |
Source: WIREX MLS #1880705 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,031 +1.9% | $559,000 +1.6% |
| 2024 | $14,750 -4.4% | $550,000 |
| 2023 | $15,432 +4.7% | $550,000 +5% |
| 2022 | $14,738 -9.9% | $524,000 |
| 2021 | $16,354 +6.8% | $524,000 |
| 2020 | $15,310 -4.9% | $524,000 +5% |
| 2019 | $16,107 +9.8% | $499,000 +8.5% |
| 2018 | $14,672 -2.3% | $460,000 |
| 2017 | $15,021 +1.8% | $460,000 |
| 2016 | $14,754 | $460,000 |
| 2015 | $14,754 | $460,000 |
| 2014 | $14,754 | $460,000 |
| 2013 | $14,754 | $460,000 |
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: Downtown
Nearby schools
GreatSchools rating
- NAJanes Elementary SchoolGrades: PK-5Distance: 0.9 mi
- NAWalden Iii Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Case High SchoolGrades: 9-12Distance: 4.4 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.
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