About 512 16th St
Here we have a rare 5 unit building cash flowing at almost $5000 per month. 4 blocks from the beautiful Racine Beach. All feature 2-3 bedrooms with 1 bathroom. Units were all updated 4-5 years ago. Roof was installed in April of 2025. Dry basement and untapped income potential of 4 car garage that is not being utilized currently. Fully rented and turn key do not miss out on your chance to own this quality investment.
Features of 512 16th St
| MLS® # | 1981365 |
|---|---|
| Price | $499,900 |
| Acres | 0.20 |
| Year Built | 1920 |
| Type | Multi-Family |
| Sub-Type | Multi-Family |
| Status | Active |
Community Information
| Address | 512 16th St |
|---|---|
| City | Racine |
| County | Racine |
| State | WI |
| Zip Code | 53403 |
Amenities
| Parking | Indoor Space |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Construction | Wood,Brick |
|---|
School Information
| District | Racine Unified |
|---|
Additional Information
| Date Listed | September 18th, 2026 |
|---|---|
| Days on Market | 1 |
| Short Sale | No |
| RE / Bank Owned | No |
| Data Source | MetroMLS |
Listing Details
| Office | Riverwest Realty Milwaukee |
|---|