This is a 4 Unit building. A nice sized Tenant occupied unit on the first floor with 2 bedrooms, Living and Dining room. Current rent $800 with $900 Security deposit. Second floor has 2 efficiency units. Third floor has another efficiency unit. This property has the potential to bring in great cash flow. Needs some updating and TLC so attention rehabbers take a look at this building. The heating in the building is a combination of systems with the Second floor being a steam boiler. Check out the photos. First showing is Vacant units only. If interested an appointment can be made with notice to view the Tenant occupied first floor unit. This is an investor owned property selling AS-IS. Seller is not willing to make repairs.
Closed
$200,000
508 8th STREET, Racine, WI 53403
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1915
-- sqft lot
$201,500 Zestimate®
$--/sqft
$1,144 Estimated rent
Home value
$201,500
$181,000 - $224,000
$1,144/mo
Zestimate® history
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Living and dining room
Zillow last checked:
Listing updated:
Listed by:
Sandra Carlson PropertyInfo@shorewest.com,
Shorewest Realtors, Inc.
Bought with:
Holly Speranza
Source: WIREX MLS,MLS#: 1967529
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas
Features
- Basement: Brick,Full
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 3,049 Square Feet
Details
- Parcel number: 00933000
- Zoning: R4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Racine
- Municipality: Racine
Financial & listing details
- Tax assessed value: $115,200
- Annual tax amount: $2,657
- Date on market: 6/16/2026
- Inclusions: None
- Exclusions: Tenants Property.
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Sold | $200,000 |
Source:  WIREX MLS #1967529 Report a problem | ||
| 6/17/2026 | Pending sale | $200,000 |
Source: WIREX MLS #1967529 Report a problem | ||
| 6/16/2026 | Listed for sale | $200,000+14.4% |
Source: WIREX MLS #1967529 Report a problem | ||
| 2/12/2026 | Listing removed | $174,900 |
Source: WIREX MLS #1943763 Report a problem | ||
| 2/6/2026 | Price change | $174,900-2.8% |
Source: WIREX MLS #1943763 Report a problem | ||
| 1/29/2026 | Price change | $179,900-2.7% |
Source: WIREX MLS #1943763 Report a problem | ||
| 12/2/2025 | Price change | $184,900-2.6% |
Source: WIREX MLS #1943763 Report a problem | ||
| 11/22/2025 | Listed for sale | $189,900 |
Source: WIREX MLS #1943763 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,258 +10.9% | $115,200 +12.2% |
| 2024 | $2,939 +4.4% | $102,700 +9.3% |
| 2023 | $2,816 +11.8% | $94,000 +10.6% |
| 2022 | $2,518 -5.8% | $85,000 +4.9% |
| 2021 | $2,673 +13% | $81,000 |
| 2020 | $2,367 -2.2% | $81,000 +8% |
| 2019 | $2,419 +4.9% | $75,000 +7.1% |
| 2018 | $2,306 -3.3% | $70,000 |
| 2017 | $2,384 -4.6% | $70,000 +6.1% |
| 2016 | $2,499 | $66,000 |
| 2015 | $2,499 | $66,000 |
| 2014 | $2,499 | $66,000 -5.7% |
| 2013 | $2,499 +5.5% | $70,000 -5.4% |
| 2012 | $2,369 +9.3% | $74,000 -2.6% |
| 2011 | $2,167 +1.7% | $76,000 -7.3% |
| 2010 | $2,131 +4.7% | $82,000 |
| 2009 | $2,036 +4.2% | $82,000 |
| 2008 | $1,954 -0.2% | $82,000 |
| 2007 | $1,959 +4.6% | $82,000 +5.1% |
| 2006 | $1,873 +1.2% | $78,000 |
| 2005 | $1,851 +8.1% | $78,000 +14.7% |
| 2004 | $1,713 +8.9% | $68,000 +7.9% |
| 2003 | $1,574 +7.9% | $63,000 +6.8% |
| 2002 | $1,459 -1.2% | $59,000 +5.4% |
| 2001 | $1,477 +3.4% | $56,000 +5.7% |
| 2000 | $1,428 | $53,000 |
Find assessor info on the county website
Neighborhood: 53403
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Nearby schools
GreatSchools rating
- 2/10Johnson Elementary SchoolGrades: PK-5Distance: 2.8 mi
- NAWalden Iii Middle SchoolGrades: 6-8Distance: 0.3 mi
- 3/10Case High SchoolGrades: 9-12Distance: 4.5 mi
Schools provided by the listing agent
- 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
$201,500
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Estimated market value
$201,500
- Wisconsin
- Racine County
- Racine
- 53403
- 508 8th STREET
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