1217 Erie STREET, Racine, WI 53402

Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
Listed by: megan koehler-cruz
Office: epique realty
MLS#:1932279
Source:Metro MLS
1217 Erie STREET,Racine, WI 53402
$207,500
  • - Beds
  • - Baths
  • 2,070 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$207,500
  • Price per sq. ft.:$100.24

About this home

Investment opportunity! This two-family home is ideally situated just minutes from downtown Racine and a short walk to the beautiful shores of Lake Michigan. Currently generating $2,300 per month in rental income, this property is perfect for investors seeking strong cash flow or homeowners looking to offset their mortgage with rental income. Lower lease is month to month, and upper leased until 2/28/26. Each unit offers spacious living areas, with separate entrances and tenant paid utilities. A new roof installed in 2024, with a 15 year warranty, provides peace of mind. Tenants enjoy close proximity to local shops, restaurants, and public transportation, making this a desirable rental location.

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Home facts

  • Year built:1893
  • Listing ID #:1932279
  • Added:93 day(s) ago
  • Updated:November 25, 2025 at 05:59 PM

Rooms and interior

  • Living area:2,070 sq. ft.

Structure and exterior

  • Year built:1893
  • Building area:2,070 sq. ft.
  • Lot area:0.13 Acres

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$207,500
  • Price per sq. ft.:$100.24
  • Tax amount:$3,264 (2024)
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