Lisa Fero

512 16th Street, Racine, WI 53403

$499,900
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  • 512 16th Street, Racine, WI 53403 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#1981365
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLRacine
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Listing Courtesy of: Riverwest Realty Milwaukee
Agency Phone: 4145021775
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Property Description

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.

512 16th Street | MLS# 1981365

This multi-family property located at 512 16th Street, Racine, WI 53403 is currently listed for sale with an asking price of $499,900. 16th Street is located within the Racine school district. Search Racine real estate on lfero.starkhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Lot Size: 0.20 Acres
Taxes: $8,204
Year Built: 1920

Feature Descriptions

Basement: Block, Full
Building: Apartment Building
Data Source: WIREX_METRO
Days on Site: 2
Exterior: Brick/Stone, Brick, Wood
Heating Fuel: Natural Gas
Parking: Inside Parking, Outside
Units: 5
Water/Waste: Municipal Sewer, Municipal Water

Local Schools

School District: Racine

Listed By / Shown By

Listed By

Agency Name: Riverwest Realty Milwaukee
Agency Phone: 4145021775

Shown By

Agent Name: Lisa Fero
Agent Phone: (920) 988-2117
Agency Title: Stark Company Realtors

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Estimated Payment

$ 3,480.39 per month $2,650.92 Principal & Interest $683.67 Property Tax $145.80 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/21/2026. The listing information on this page last changed on 09/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 09/21/2026 12:01:16 AM EST) or SCWMLS (last updated Sun 09/20/2026 11:54:59 PM EST) or Wirex (last updated Sun 09/20/2026 11:59:23 PM EST). Real estate listings held by brokerage firms other than Stark Company Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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