Closed

Est. $199,600

1208 Hagerer STREET, Racine, WI 53402

5beds

1,000sqft

Multi Family, Duplex

Built in 1890

-- sqft lot

$199,600 Zestimate^®

$200/sqft

$-- HOA

What's special

Hot water heaterElectrical panelsKitchen counters and cabinetsNew windows

Take a look at this large recently updated 3/2 duplex with great rental income and low taxes. This 3bd/1ba lower and 2bd/1ba upper is currently generating $2100 dollars per month in rents. The lower tenant is on a 2 year lease (August 2026) but the upper is month to month. This home has had lots of updates in the last 1-2 years: Flooring, Kitchen counters & cabinets, bathrooms, some new windows, Hot water heater (2), electrical panels (2), new concrete around the home, 11 year old roof (per seller). Lots of positives in this cash flowing investment. Being sold As-IS

96 days
4
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Features

Basement: Full
Has fireplace: No

Interior area

Total structure area: 1,000
Total interior livable area: 1,000 sqft

Property

Parking

Parking features: No Garage, 1 Space

Features

Levels: Two
Stories: 2

Lot

Size: 6,534 Square Feet

Details

Parcel number: 20049000
Zoning: R3
Special conditions: Arms Length

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Duplex

Materials

Brick/Stone, Brick

Condition

21+ Years
New construction: No
Year built: 1890

Utilities & green energy

Electric: 2 Electric Meters
Sewer: Public Sewer
Water: Public
Utilities for property: 2 Electric Meters, 2 Gas Meters

Community & HOA

Location

Region: Racine
Municipality: Racine

Financial & listing details

Price per square foot: $200/sqft
Tax assessed value: $164,300
Annual tax amount: $2,810
Date on market: 10/29/2024
Inclusions: 2 Stoves And 2 Refrigerators.
Exclusions: Seller And Tenants Personal Property

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Foreclosure details

Estimated market value

$199,600

$178,000 - $224,000

$1,167/mo

Price history

Date	Event	Price
1/24/2025	Sold	$175,200-4%$175/sqft
Source: WIREX MLS #1897688 Report a problem
12/8/2024	Contingent	$182,500$183/sqft
Source: WIREX MLS #1897688 Report a problem
12/2/2024	Price change	$182,500-2.7%$183/sqft
Source: WIREX MLS #1897688 Report a problem
10/29/2024	Listed for sale	$187,500+13.6%$188/sqft
Source: WIREX MLS #1897688 Report a problem
5/25/2023	Sold	$165,000$165/sqft
Source: WIREX MLS #1831679 Report a problem
4/26/2023	Pending sale	$165,000$165/sqft
Source: WIREX MLS #1831679 Report a problem
4/24/2023	Listed for sale	$165,000$165/sqft
Source: WIREX MLS #1831679 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,402 +18.6%	$164,300 +10.5%
2024	$3,710 +13.2%	$148,700 +28.2%
2023	$3,277 +18.4%	$116,000 +10.5%
2022	$2,767 -1.8%	$105,000 +10.5%
2021	$2,817 +1.5%	$95,000
2020	$2,776 +9.6%	$95,000 +8%
2019	$2,533 +0.1%	$88,000 +8.6%
2018	$2,531 -0.9%	$81,000
2017	$2,555 +0.1%	$81,000 +5.2%
2016	$2,553	$77,000
2015	$2,553	$77,000
2014	$2,553	$77,000 -7.2%
2013	$2,553 -6.6%	$83,000 -9.8%
2012	$2,734 -3.4%	$92,000 -8.9%
2011	$2,829 +6.1%	$101,000 -6.5%
2010	$2,666 +3%	$108,000 -1.8%
2009	$2,588 +4%	$110,000
2008	$2,489 +4.6%	$110,000 +4.8%
2007	$2,380 +4%	$105,000 +5%
2006	$2,288 +6.4%	$100,000 +9.9%
2005	$2,150 +3.4%	$91,000 +9.6%
2004	$2,080 +9.5%	$83,000 +9.2%
2003	$1,899 +6.6%	$76,000 +5.6%
2002	$1,780 -0.7%	$72,000 +5.9%
2001	$1,794 +4%	$68,000 +6.3%
2000	$1,725	$64,000