Multi-Family

Year 1920

N/A SQ FT

0.2 ACRES

N/A ROOMS

N/A BEDS

/ BATHS

N/A CARS

Racine Home for Sale

$499,900

512 16th St
Racine WI 53403

Listed by Riverwest Realty Milwaukee

Share Property

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.

Property Details

Listing Details

Price

$499,900

Year Built

1920

Levels

N/A

SQ FT

N/A

Lot Size

0.2 ACRES

Tax Key

01235000

TaxYear

N/A

Property Taxes

$N/A

Property Type

Multi-Family

Property Status

Active

MLS#

1981365

Inclusions

5 Refrigerators, 5 Stoves

Exclusions

Tenant's personal property

Interior Details

Included Appliances

Interior Features

Exterior Details

Architectural Style

N/A

Construction Materials

Wood, Brick

Parking Features

Indoor Space

Utilities & Energy

Heating

N/A

Cooling

N/A

Water Source

Municipal Water

Municipal Water

Videos & Virtual Tours

Exterior-Front
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20260824_171137
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Exterior West
4 Car Garage
4 Blocks From The Lake

About Racine

Racine, Wisconsin is a thriving city situated on the shores of Lake Michigan. With its rich history, diverse culture, and stunning natural scenery, Racine offers an exceptional quality of life to its residents. The city boasts a range of housing options, from historic homes to modern apartments, all set in unique and charming neighborhoods.

Racine is also home to a vibrant downtown area, bustling with local businesses and restaurants, and a range of recreational opportunities for residents of all ages, including parks, beaches, and bike trails. Its prime location between Milwaukee and Chicago makes it a convenient choice for commuters and those who enjoy big city amenities while still living in a smaller community. Start your search for your dream home in Racine today and discover the best of Wisconsin living!

Community Population

77,931

Community Area

18.68 SQ/MILES

Community Suburb of

Racine County

Community Lifestyle

Suburban

Nearby Schools

Elementary School

N/A

Middle Or JuniorSchool

N/A

HighSchool

N/A

School District

Racine Unified

Get In Touch With

Wisconsin's #1 Boutique Broker ™

Suzanne Powers

Suzanne Powers

FOUNDER | CEO

414.963.0000

Powers Realty - Shorewood

4214 North Oakland Avenue, Shorewood, WI 53211

Request a Showing for

512 16th St, Racine, WI 53403

$499,900

We would love to show you this beautiful property. Please select your preferred showing date and time below. An agent from Powers Realty will be in touch shortly to confirm your appointment.

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