$190,000

4 Beds 2 Baths 2,255 Sqft

1718 Erie Street, Racine, WI 53402

Property Type: Multi-Family
Building Type: 2 Story,Duplex
Time on Market: 53 days
Price per Sqft: $84
Garage: Y
Total Taxes: $3,651
Est. Age: 21+ Years
Virtual Tour: View Tour

Description

Turnkey investment opportunity with built-in cash flow! This well-maintained duplex features two 2-bedroom, 1-bath units, each offering functional layouts and great rental appeal. The lower unit has been nicely remodeled with modern finishes, making it desirable for tenants, while the upper unit offers value-add potential for increased rents with some updates. Property includes a large fenced backyard, perfect for tenant enjoyment, plus a private driveway for off-street parking. No garage but driveway parking for 2 vehicles. Excellent tenant payment history with leases already in place--start earning income from day one. This property may qualify for DSCR financing, making it an easy addition to your portfolio. Don't miss this opportunity to secure a performing asset with upside potential!

Unit Breakdown

Unit Beds Full Baths Half Baths Sq Ft
Unit 1 2 1 0 1215
Unit 2 2 1 0 1040

Property Details

Interior

Basement:
  • Block, Full
Baths:
  • Full Baths: 2
Sqft:
  • Total Sqft: 2,255
  • Lot Sqft Source: Assessor/Public Record
  • Estimated Sqft Range: 1001-1250

Exterior

Acreage:
  • Range: 0.0 to .499
  • Source: Assessor/Public Record
Exterior:
  • Aluminum/Steel, Aluminum
Garage:
  • Details: None
Parking:
  • Details: 1 Space
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Sewer, Municipal Water

Misc.

New Construction:
  • N
Postal:
  • Code: 53402
Street:
  • Name: Erie STREET
  • Suffix: STREET
Tax Year:
  • 2025
Utilities:
  • Details: 2 Electric Meters,2 Gas Meters
Value Range:
  • Pricing: N
Zoning:
  • Res

Map

Listing Agent-Provided Directions:
  • From Douglas Ave, go east on High Street six blocks to Erie St. Turn left. Property on your left.

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Schools and Neighborhood

School District:
  • Racine
Postal City:
  • Racine
Municipality:
  • Name: RACINE
  • Type: City
County:
  • RACINE

Market Comparison

How this property compares to local market averages — calculated 5/21/2026

This Property
Racine Multi Family Home Avg
Racine County Multi Family Home Avg
List Price
$190,000
$628,063
$652,056
Median Price
—
$249,900
$279,950
Price / Sq Ft
$84
$119
$150
Days on Market
53 days
36 days
47 days
Total Listings
—
36
46

Listing Information

  • Time on Market: 53 days
  • Place Perfect Last Updated: 2026-04-29 16:36:50
  • MLS Number: 1955502
  • Subsystem Locale: WIREX_METRO
  • Listing Office: Shorewest Realtors, Inc.
  • Listing Agent: Melissa Lenz

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This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

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