1518 Lombard AVENUE, Racine, WI 53402

Racine
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
Listed by: alexander gray-broses
Office: durante & rich real estate
MLS#:1986811
Source:Metro MLS
1518 Lombard AVENUE,Racine, WI 53402
$214,900
  • - Beds
  • - Baths
  • 1,504 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$214,900
  • Price per sq. ft.:$142.89

About this home

Up/down duplex a few blocks from North Beach and the Lake Michigan shoreline in North Racine. Both units are occupied, so the next owner has income from day one. The lower unit has 2 bedrooms and 1 bath. The upper unit has 1 bedroom and 1 bath. Each unit has its own lease and works well for an investor adding doors. The price reflects needed updates, so there's room to build equity and grow rents over time. Current rents: Lower $995/mo. Upper $950/mo. Total gross rent is $1,945/mo ($23,340/yr).

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Home facts

  • Year built:1917
  • Listing ID #:1986811
  • Added:1 day(s) ago
  • Updated:October 31, 2026 at 05:03 AM

Rooms and interior

  • Basement Description:Full
  • Living area:1,504 sq. ft.

Structure and exterior

  • Year built:1917
  • Building area:1,504 sq. ft.
  • Lot area:0.09 Acres
  • Construction Materials:Vinyl
  • Levels:2 Story

Utilities

  • Water:Municipal Water

Finances and disclosures

  • Price:$214,900
  • Price per sq. ft.:$142.89
  • Tax amount:$3,808 (2025)

Features and amenities

  • Amenities:2 Electric Meters, 2 Gas Meters
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