Property photo 1
0 Baths

$214,900

1518 Lombard Ave, Racine WI, 53402

Price per sqftN/A
Built in1917
Property typeMulti-family
Courtesy of Durante & Rich Real Estate, [email protected]

Overview

Active

Listed Oct 30, 2026

Updated 3 days ago

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).

$1,430/mo

Est. mortgage payment based on a $214,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1986811

Interior Features

Bathrooms
0
Basement
Yes

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$3,809
Tax Frequency
Annually

Courtesy of Durante & Rich Real Estate

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