512 16th St, Racine, WI 53403

$499,900
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Listing courtesy of Riverwest Realty Milwaukee.

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List Price
$499,900
MLS#
1981365
Status
ACTIVE
Year Built
1920
County
Racine
Municipality
Racine
Acres
0.20
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(262) 653-9820

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.

(262) 653-9820
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Additional Information

Basement
Block, Full
Exterior
Wood, Brick
Garage Description
Indoor Space
School District
Racine Unified
Courtesy Of
Riverwest Realty Milwaukee
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Source of listing data: Metro MLS. Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively 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.