1231 Marquette St Racine, WI $ 355,000
1231 Marquette St
$ 355,000
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1231 Marquette St

Racine, WI, 53404
$ 355,000
Bedrooms6 Baths4.0 Sq 3,004

Monthly Estimate*

$ 2,359

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Multi-Family Home for sale in Racine, WI

for $355,000 with 6 bedrooms and 4 full baths. This 3,004 square foot home was built in 1920 on a lot size of 0.15.

Here is a stable quadplex ready for you to add to your portfolio. Property is fully occupied and cash flowing $3,600 a month. Three of these units are 2/1, the other is a 3/1. All four of these units have identical layouts. Sellers easily turned one of the two-bedroom units into a three bedroom unit which resulted in a sizable rent increase. Turn the other three units into 3/1s for a possible rent roll of $4,200+ a month. Don't miss this opportunity to acquire a stable investment property and increase your cash flow in the process!

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Multi-Family Active

Price

$ 355,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,849

Style

Apartment Building

Lot Size

0.15

Year Built

1920

Town/City

Racine

County/Region

Racine

MLS | Web ID

1878571

Features
Interior
Basement Brick Full
Total Number of Units 4
Heating/Cooling Forced Air Natural Gas
Stories 1-2 Stories
Type 1 Units 2.00
Type 2 Units 2.00
Type 3 Units 2.00
Type 4 Units 3.00
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Exterior
Exterior Aluminum Vinyl
Flood Plan No
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General
Zoning B-2
Year Built 1920
County Racine
Type Apartment Building
Property Type D
Municipality City
Tax Year 2023
Garage/Parking None
Directions Go north on Marquette St past State St will be on the east side.
City Racine
Taxes 4849.54
School District Racine Unified
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* Excluded Features
List By
Rebelle Realty

Broker

Adam@Rebellerealty.com

Email

Affordability Calculator

$2,764
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,359
Monthly Property Taxes
$404
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1167957 Elementary School
1167829 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/12/2024$355,000 -5.33% Price Down
6/7/2024$375,000 Listed Price

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1231 Marquette St, Racine, WI, 53404 is a Multi-Family Home for sale at $355,000 with 3,004 sqft and a lot size of 0.15. 1231 Marquette St has 6 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 53404 which is in Racine, WI