Contingent

$80,000

1339 Rapids DRIVE, Racine, WI 53404

4beds

1,300sqft

$617/mo

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Single Family Residence

Built in 1906

4,791 Square Feet Lot

$163,500 Zestimate^®

$62/sqft

$-- HOA

What's special

Diamond in the rough -- endless potential awaits! Calling all visionaries, investors, and flippers! This spacious 4-bedroom, 1-bath home with a detached 2-car garage is a rare find for anyone ready to roll up their sleeves and create something special.The home sustained fire damage on the upper level, but don't let that scare you off -- the bones of this house are solid, and the potential is real. With an estimated After Repair Value of $180,000+, there's serious upside for the right buyer ready to bring their vision to life.This is a cash, commercial, or hard money purchase only -- traditional financing won't apply here. And because of the home's condition, all showings require a signed hold harmless waiver before touring.Opportunities like this do not come around often!

12 days
536
19

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: Upper
Area: 99
Dimensions: 11 x 9

Bedroom 2

Level: Upper
Area: 99
Dimensions: 11 x 9

Bedroom 3

Level: Upper
Area: 88
Dimensions: 11 x 8

Bathroom

Features: Master Bedroom Bath: Tub/Shower Combo

Kitchen

Level: Main
Area: 88
Dimensions: 11 x 8

Living room

Level: Main
Area: 289
Dimensions: 17 x 17

Heating

Natural Gas, Forced Air

Features

High Speed Internet
Basement: Full

Interior area

Total structure area: 1,300
Total interior livable area: 1,300 sqft

Property

Parking

Total spaces: 2
Parking features: Detached, 2 Car
Garage spaces: 2

Features

Levels: Two
Stories: 2
Fencing: Fenced Yard

Lot

Size: 4,791 Square Feet
Features: Sidewalks

Details

Parcel number: 17764000
Zoning: R3

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Other

Condition

21+ Years
New construction: No
Year built: 1906

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Racine
Municipality: Racine

Financial & listing details

Price per square foot: $62/sqft
Tax assessed value: $98,700
Annual tax amount: $2,455
Date on market: 8/31/2026
Inclusions: None
Exclusions: None

Estimated market value

$163,500

$149,000 - $178,000

$1,752/mo

Price history

Date	Event	Price
9/8/2026	Contingent	$80,000$62/sqft
Source: WIREX MLS #1978478 Report a problem
8/31/2026	Listed for sale	$80,000-30.4%$62/sqft
Source: WIREX MLS #1978478 Report a problem
6/17/2024	Sold	$115,000+48.4%$88/sqft
Source: WIREX MLS #1879868 Report a problem
3/27/2014	Sold	$77,476-12.9%$60/sqft
Source: Public Record Report a problem
4/7/2006	Sold	$88,900$68/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,456 +11%	$98,700 +10.9%
2024	$2,213 +4.9%	$89,000 +9.9%
2023	$2,110 +9.5%	$81,000 +9.5%
2022	$1,927 -1.8%	$74,000 +10.4%
2021	$1,962 +0.2%	$67,000
2020	$1,958 -22.5%	$67,000 +6.3%
2019	$2,525 +4.4%	$63,000 +10.5%
2018	$2,418 -0.7%	$57,000
2017	$2,435 +34.9%	$57,000
2016	$1,806	$57,000
2015	$1,806	$57,000
2014	$1,806	$57,000 -8.1%
2013	$1,806 -28.6%	$62,000 -8.8%
2012	$2,530 +0.2%	$68,000 -9.3%
2011	$2,525 +3.2%	$75,000 -6.3%
2010	$2,446 +2.6%	$80,000 -4.8%
2009	$2,385 -0.1%	$84,000
2008	$2,387 +7.5%	$84,000 +5%
2007	$2,220 +48.9%	$80,000 +23.1%
2006	$1,491 +10.3%	$65,000 +10.2%
2005	$1,351 +4.1%	$59,000 +9.3%
2004	$1,298 +1.3%	$54,000
2003	$1,282 +4.5%	$54,000 +3.8%
2002	$1,227 -6%	$52,000
2001	$1,305 +5.5%	$52,000 +8.3%
2000	$1,236	$48,000