1518 Lombard Ave, Racine, WI 53402

$214,900

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Listing courtesy of Durante & Rich Real Estate.

List Price
$214,900
MLS#
1986811
Status
ACTIVE
Year Built
1917
County
Racine
Municipality
Racine
Acres
0.09

Property Description

Up/down duplex a few blocks from North Beach and the Lake Michigan shoreline in North Racine. Both units are occupied, so the next owner has income from day one. The lower unit has 2 bedrooms and 1 bath. The upper unit has 1 bedroom and 1 bath. Each unit has its own lease and works well for an investor adding doors. The price reflects needed updates, so there's room to build equity and grow rents over time. Current rents: Lower $995/mo. Upper $950/mo. Total gross rent is $1,945/mo ($23,340/yr).

Additional Information

Total Taxes
$3,808
Basement
Full
Exterior
Vinyl
Garage Description
Paved Driveway
School District
Racine Unified
Courtesy Of
Durante & Rich Real Estate

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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.