About 1001 Prospect St
Exceptional Four-Family Investment Opportunity. Offered for the first time after 33 years of attentive, hands-on ownership, this well-maintained, vinyl-sided property reflects true pride of ownership. Each spacious unit features a private entrance, approximately 1,100 sq. ft., 2 bedrooms, 1 bathroom, and well-kept kitchens, bathrooms, and flooring. Every unit also includes a separate basement; washer/dryer hookups are not available. Gas, electric, and water are individually metered, with tenants responsible for all utilities. Fully occupied under annual leases, the property generates $4,000 in total gross monthly rent--an attractive opportunity for investors seeking an established, income-producing asset.
Features of 1001 Prospect St
| MLS® # | 1982890 |
|---|---|
| Price | $429,900 |
| Square Footage | 4,032 |
| Acres | 0.13 |
| Year Built | 1890 |
| Type | Multi-Family |
| Sub-Type | Multi-Family |
| Status | Active |
Community Information
| Address | 1001 Prospect St |
|---|---|
| City | Racine |
| County | Racine |
| State | WI |
| Zip Code | 53404 |
Amenities
| Parking | Outdoor Space |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Construction | Vinyl |
|---|
School Information
| District | Racine Unified |
|---|
Additional Information
| Date Listed | October 1st, 2026 |
|---|---|
| Days on Market | 3 |
| Short Sale | No |
| RE / Bank Owned | No |
| Data Source | MetroMLS |
Listing Details
| Office | Riley Real Estate Group LLC |
|---|