Turnkey investment opportunity with strong cash flow potential! This well maintained 3 unit property has been thoughtfully updated by the current owners, offering peace of mind and immediate income potential. Featuring two 1 bedroom units and one spacious 3 bedroom unit, this property is perfect for investors looking to generate steady rental income or for an owner occupant seeking to offset their mortgage. With solid rental appeal and pride of ownership throughout, this is a rare chance to step into residual income from day one. New roof and siding within the last 5 years!!!
Closed
$208,000
2608 16th STREET, Racine, WI 53405
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1909
-- sqft lot
$209,200 Zestimate®
$--/sqft
$1,324 Estimated rent
Home value
$209,200
Estimated sales range
Not available
$1,324/mo
Zestimate® history
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$1,438/mo
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Est. payment
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New roof
Zillow last checked:
Listing updated:
Listed by:
Morgan Lese 262-527-7068,
RE/MAX Forward
Bought with:
Citlalli M Jimenez Perez
Source: WIREX MLS,MLS#: 1956461
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Electric, Individual Heating Units
Cooling
- Individual Heating Units
Features
- Basement: Full
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 3,049 sqft
Details
- Parcel number: 09489000
- Zoning: Residential R3
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1909
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Racine
- Municipality: Racine
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Sold | $208,000-9.2% |
Source:  WIREX MLS #1956461 Report a problem | ||
| 4/10/2026 | Contingent | $229,000 |
Source: WIREX MLS #1956461 Report a problem | ||
| 4/6/2026 | Listed for sale | $229,000+4.3% |
Source: WIREX MLS #1956461 Report a problem | ||
| 1/24/2026 | Listing removed | $219,500 |
Source: WIREX MLS #1945129 Report a problem | ||
| 1/8/2026 | Price change | $219,500-2% |
Source: WIREX MLS #1945129 Report a problem | ||
| 12/13/2025 | Listed for sale | $224,000+1.8% |
Source: WIREX MLS #1945129 Report a problem | ||
| 5/23/2024 | Listing removed | -- |
Source: WIREX MLS #1871241 Report a problem | ||
| 5/16/2024 | Price change | $220,000-8.3% |
Source: WIREX MLS #1871241 Report a problem | ||
| 5/9/2024 | Listed for sale | $240,000 |
Source: WIREX MLS #1871241 Report a problem | ||
| 5/8/2024 | Pending sale | $240,000 |
Source: WIREX MLS #1871241 Report a problem | ||
| 5/4/2024 | Price change | $240,000-4% |
Source: WIREX MLS #1871241 Report a problem | ||
| 4/15/2024 | Listed for sale | $250,000+138.1% |
Source: WIREX MLS #1871241 Report a problem | ||
| 11/9/2023 | Sold | $105,000-15.9% |
Source: WIREX MLS #1843865 Report a problem | ||
| 10/2/2023 | Pending sale | $124,900 |
Source: WIREX MLS #1843865 Report a problem | ||
| 9/5/2023 | Price change | $124,900-13.6% |
Source: WIREX MLS #1843865 Report a problem | ||
| 7/26/2023 | Listed for sale | $144,500+92.7% |
Source: WIREX MLS #1843865 Report a problem | ||
| 6/26/2017 | Sold | $75,000+275% |
Source: Public Record Report a problem | ||
| 2/14/2013 | Sold | $20,000-77.8% |
Source: Public Record Report a problem | ||
| 7/12/2005 | Sold | $90,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,182 -3.9% | $107,000 |
| 2023 | $3,311 +24.9% | $107,000 +10.3% |
| 2022 | $2,651 -19.7% | $97,000 +10.2% |
| 2021 | $3,300 +28.4% | $88,000 |
| 2020 | $2,571 -20.9% | $88,000 +4.8% |
| 2019 | $3,249 -6.1% | $84,000 |
| 2018 | $3,461 +40.3% | -- |
| 2017 | $2,466 +20% | $77,000 +22.2% |
| 2016 | $2,055 | $63,000 +5% |
| 2015 | $2,055 | $60,000 |
| 2014 | $2,055 | $60,000 -7.7% |
| 2013 | $2,055 -47.9% | $65,000 -13.3% |
| 2012 | $3,948 +3.5% | $75,000 -6.3% |
| 2011 | $3,814 +16.6% | $80,000 -4.8% |
| 2010 | $3,270 +8.4% | $84,000 -9.7% |
| 2009 | $3,015 +14.7% | $93,000 |
| 2008 | $2,628 +1.1% | $93,000 |
| 2007 | $2,600 +27.3% | $93,000 +4.5% |
| 2006 | $2,043 -1.6% | $89,000 +11.3% |
| 2005 | $2,076 +3.5% | $80,000 |
| 2004 | $2,006 +0.4% | $80,000 |
| 2003 | $1,999 +9.2% | $80,000 +8.1% |
| 2002 | $1,830 +5.1% | $74,000 +12.1% |
| 2001 | $1,741 +4.2% | $66,000 +6.5% |
| 2000 | $1,671 | $62,000 |
Find assessor info on the county website
Neighborhood: 53405
Nearby schools
GreatSchools rating
- 2/10Knapp Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Park High SchoolGrades: 7-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Knapp
- Middle: Mitchell
- High: Park
- District: Racine
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$209,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$209,200
- Wisconsin
- Racine County
- Racine
- 53405
- 2608 16th STREET
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