$190,000

1718 Erie STREET, Racine, WI 53402

2,255 sqft

Multi-Family Home
Built in 1884
5,663sqft lot
—— car garage
$84/sqft
Listed 5 days ago

Property Description

Turnkey investment opportunity with built-in cash flow! This well-maintained duplex features two 2-bedroom, 1-bath units, each offering functional layouts and great rental appeal. The lower unit has been nicely remodeled with modern finishes, making it desirable for tenants, while the upper unit offers value-add potential for increased rents with some updates. Property includes a large fenced backyard, perfect for tenant enjoyment, plus a private driveway for off-street parking. No garage but driveway parking for 2 vehicles. Excellent tenant payment history with leases already in place--start earning income from day one. This property may qualify for DSCR financing, making it an easy addition to your portfolio. Don't miss this opportunity to secure a performing asset with upside potential!

Listing Status:: Active
Data Last Updated:: April 2, 2026 at 4:49AM
Listing Office:: Shorewest Realtors, Inc. :
Listing Agent:: Melissa Lenz : 4142385434
MLS ID:: 714885424600

Basement: BlockFull

General: Aluminum/SteelAluminum
Parking: 1 Space

General: 2 StoryDuplex

Originating MLS: WIREX_METRO
School District: Racine
County: RACINE

Zoning: Res276-00-00-04-056-000

Utilities: 2 Electric Meters2 Gas Meters
Sewer: Municipal SewerMunicipal Water

Source: WIREX_METRO
Exclusions: Tenant's appliancestenant's personal property

This listing courtesy of Melissa Lenz , Shorewest Realtors, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Red Apple Elementary School

914 Saint Patrick St, Racine, WI, 53402

Grades KG-5

0.24 miles away

Gilmore Fine Arts School

2330 Northwestern Ave, Racine, WI, 53404

Grades KG-8

1.07 miles away

Horlick High School

2119 Rapids Dr, Racine, WI, 53404

Grades 9-12

1.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.