Active

$1,440,000

614 6th STREET, Racine, WI 53403

--beds

--baths

--sqft

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Multi Family, Apartment

Built in 1928

-- sqft lot

$1,386,800 Zestimate^®

$--/sqft

$-- HOA

What's special

Exceptional investment opportunity in the heart of Downtown Racine! This fully occupied mixed-use property features 12 residential units and 2 commercial storefronts, offering strong and consistent cash flow with upside potential. Many of the apartment units have been updated, blending modern improvements with classic character and appeal. **Comes with parking lot in back!Recent improvements include a new roof, 2 boilers and hot water heaters, helping lower future maintenance costs. The property also features a newly updated on-site laundry facility with a 24-hour live security feed for added tenant safety and convenience.Located in a prime downtown location near shopping, dining, entertainment, and Lake Michigan, this well-maintained property is an excellent opportunity for invest

14 days

144

3

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Facts & features

Interior

Heating

Natural Gas, Hot Water/Steam

Appliances

Included: Dryer, Washer, Seller Owned: Water Heater

Features

Basement: Full
Has fireplace: No

Property

Parking

Parking features: Outdoor Space, Inside Parking, Outside

Lot

Size: 5,227 Square Feet

Details

Additional parcels included: 00022001
Parcel number: 00027000
Zoning: B4

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Brick/Stone, Brick, Stone

Condition

21+ Years
New construction: No
Year built: 1928

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Racine
Municipality: Racine

Financial & listing details

Tax assessed value: $550,000
Annual tax amount: $15,031
Date on market: 5/29/2026
Inclusions: All Seller Owned Appliances.
Exclusions: Tenants Personal Property

Estimated market value

$1,386,800

$1.32M - $1.46M

$1,205/mo

Price history

Date	Event	Price
6/1/2026	Listed for sale	$1,440,000+63.6%
Source: WIREX MLS #1964752 Report a problem
8/13/2024	Sold	$880,000-2.2%
Source: WIREX MLS #1880705 Report a problem
6/28/2024	Contingent	$900,000
Source: WIREX MLS #1880705 Report a problem
6/22/2024	Listed for sale	$900,000
Source: WIREX MLS #1880705 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$14,750 -4.4%	$550,000
2023	$15,432 +4.7%	$550,000 +5%
2022	$14,738 -9.9%	$524,000
2021	$16,354 +6.8%	$524,000
2020	$15,310 -4.9%	$524,000 +5%
2019	$16,107 +9.8%	$499,000 +8.5%
2018	$14,672 -2.3%	$460,000
2017	$15,021 +1.8%	$460,000
2016	$14,754	$460,000
2015	$14,754	$460,000
2014	$14,754	$460,000
2013	$14,754	$460,000

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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