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512 16th St Racine, WI $ 499,900
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512 16th St
$ 499,900
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512 16th St

Racine, WI, 53403
$ 499,900
Bedrooms6 Baths4.0 Sq 4,004

Monthly Estimate*

$ 3,156

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Multi-Family Home for sale in Racine, WI

for $499,900 with 6 bedrooms and 4 full baths. This 4,004 square foot home was built in 1920 on a lot size of 0.2.

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.

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Multi-Family Active

Price

$ 499,900

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,204

Style

Apartment Building

Lot Size

0.2

Year Built

1920

Town/City

Racine

County/Region

Racine

MLS | Web ID

1981365
Features
Interior
Basement Block Full
Total Number of Units 5
Heating/Cooling Natural Gas
Stories 3-4 Stories
Type 1 Units 2.00
Type 2 Units 1.00
Type 3 Units 1.00
Type 4 Units 1.00
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Exterior
Exterior Brick Wood
Flood Plan No
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General
Zoning B1
Year Built 1920
County Racine
Type Apartment Building
Property Type D
Municipality City
Tax Year 2025
Garage/Parking Indoor Space
Directions Hwy 32 to 16th. 16th east to the property.
City Racine
Taxes 8204.00
School District Racine Unified
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* Excluded Features
List By
Riverwest Realty Milwaukee

Broker

lance@rwrmke.com

Email

Affordability Calculator

$3,840
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,156
Monthly Property Taxes
$684
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1167957 Elementary School
1167829 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/19/2026$499,900 Listed Price

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512 16th St, Racine, WI, 53403 is a Multi-Family Home for sale at $499,900 with 4,004 sqft and a lot size of 0.2. 512 16th St has 6 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 53403 which is in Racine, WI

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