A Profitable Multifamily Property Just Steps from Downtown Racine and the lake. This property presents an ideal chance to live in one unit while generating cash flow to cover your mortgage. The spacious, updated three-bedroom unit is primed for the next owner or tenant, while the other two units are currently rented and already producing income. This investment opportunity is perfect for the next savvy investor looking to capitalize on a great deal.
Active
$259,900
739 Villa STREET, Racine, WI 53403
--beds
--baths
--sqft
Est.:
Multi Family, Apartment
Built in 1880
-- sqft lot
$253,100 Zestimate®
$--/sqft
$-- HOA
What's special
Spacious updated three-bedroom unit
- 21 days |
- 494 |
- 59 |
Zillow last checked:
Listing updated:
Listed by:
Adam Pischke 262-939-5822,
ReBelle Realty
Source: WIREX MLS,MLS#: 1957070
Originating MLS: Metro MLS
Tour with a local agent
Facts & features
Interior
Heating
- Natural Gas, Forced Air
Appliances
- Included: Seller Owned: Water Heater
Features
- Basement: Full
- Has fireplace: No
Property
Parking
- Parking features: No Garage, Extra Space Available, Outdoor Space, Inside Parking, Outside
Lot
- Size: 4,791.6 Square Feet
Details
- Parcel number: 00929000
- Zoning: R4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Aluminum/Steel, Aluminum Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Racine
- Municipality: Racine
Financial & listing details
- Tax assessed value: $120,200
- Annual tax amount: $3,494
- Date on market: 4/9/2026
- Inclusions: 3 Stoves, 3 Refrigerators
- Exclusions: Tenants Personal Property
Estimated market value
$253,100
$240,000 - $266,000
$1,307/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2026 | Listed for sale | $259,900+76.8% |
Source: | ||
| 8/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/25/2024 | Price change | $770-3.1% |
Source: Zillow Rentals Report a problem | ||
| 7/12/2024 | Listed for rent | $795 |
Source: Zillow Rentals Report a problem | ||
| 7/10/2024 | Sold | $147,000+89.7% |
Source: Public Record Report a problem | ||
| 5/8/2018 | Sold | $77,500+3.3% |
Source: Public Record Report a problem | ||
| 8/7/2007 | Sold | $75,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,352 -7.2% | $120,200 +9.3% |
| 2023 | $3,613 +24.9% | $110,000 +10% |
| 2022 | $2,894 -5.7% | $100,000 +5.3% |
| 2021 | $3,069 +10.6% | $95,000 |
| 2020 | $2,776 -0.1% | $95,000 +8% |
| 2019 | $2,777 +5.7% | $88,000 +10% |
| 2018 | $2,627 -2% | $80,000 |
| 2017 | $2,680 +0.2% | $80,000 +5.3% |
| 2016 | $2,675 | $76,000 |
| 2015 | $2,675 | $76,000 |
| 2014 | $2,675 | $76,000 -7.3% |
| 2013 | $2,675 -5.3% | $82,000 -8.9% |
| 2012 | $2,824 -9.4% | $90,000 -6.3% |
| 2011 | $3,116 +5% | $96,000 -4% |
| 2010 | $2,969 +18.9% | $100,000 |
| 2009 | $2,496 +4.1% | $100,000 |
| 2008 | $2,396 0% | $100,000 |
| 2007 | $2,397 +9.7% | $100,000 +17.6% |
| 2006 | $2,186 +22.8% | $85,000 +21.4% |
| 2005 | $1,780 +4.1% | $70,000 +11.1% |
| 2004 | $1,710 +10.4% | $63,000 +10.5% |
| 2003 | $1,549 +9.3% | $57,000 +9.6% |
| 2002 | $1,416 +4.7% | $52,000 +8.3% |
| 2001 | $1,352 +14% | $48,000 +9.1% |
| 2000 | $1,186 | $44,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,667/mo
Principal & interest
$1340
Property taxes
$327
More affordability tools
Climate risks
Neighborhood: 53403
Nearby schools
GreatSchools rating
- 2/10Johnson Elementary SchoolGrades: PK-5Distance: 2.8 mi
- NAWalden Iii Middle SchoolGrades: 6-8Distance: 0.3 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.
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.
- Wisconsin
- Racine County
- Racine
- 53403
- 739 Villa STREET




