Date
Details
Price
Change
Source
10/01/2026
Listed
$429,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$429,900
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Property Description
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.
Full Property Details
Full Property Details for 1001 Prospect St
General
- Price: $429,900
- Taxes: $5,806 (2025)
- Status: Active
- Type: Multi-Family
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1982890
- Updated: 10/3/2026
- Added to Site: 10 day(s) ago
Parking
- Uncovered Spaces: 1
- Parking Features: Outdoor Space
Location
- County: Racine
- Driving Directions: Spring St to State St. Turn right onto State St. Continue on Marquette St. Drive to Prospect St
School Information
- School District: Racine Unified
Heating & Cooling
- Heating/Cooling: Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Other
- Exterior Const.: Vinyl
- Basement Desc.: Full
- Stories Description: 1 to 2 Stories
- Year Built: 1890
Unit Information
Unit 1
- Number of Units: 1
- Unit Description: 1 Bath, 2 Bedrooms, Cable TV Available, Dining Room, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator
- Square Feet: 1001 to 12
Unit 2
- Number of Units: 1
- Unit Description: 1 Bath, 2 Bedrooms, Cable TV Available, Dining Room, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator
- Square Feet: 1001 to 12
Unit 3
- Number of Units: 1
- Unit Description: 1 Bath, 2 Bedrooms, Cable TV Available, Living Room, Range/Oven, Refrigerator
- Square Feet: 1001 to 12
Unit 4
- Number of Units: 1
- Unit Description: 1 Bath, 2 Bedrooms, Cable TV Available, Dining Room, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator
- Square Feet: 1001 to 12
Lot Features
- Lot Size (Acres): 0.13
- Zoning: Commercial
Financial Considerations
- Tax Amount: $5,806
- Tax Year: 2025
Listed by Riley Real Estate Group LLC
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Listing agent
— 1001 Prospect St —
Riley Real Estate Group LLC
NMLS#: 1598647
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Schools
Schools serving 1001 Prospect St
School District:Racine School District
| Name | Grades | Distance |
|---|---|---|
Julian Thomas Elementary School 930 Doctor Martin Luther King Drive, Racine, WI 53404 | K-5 | 0.2 mi |
Jerstad-Agerholm Elementary School 3535 Lasalle Street, Racine, WI 53402 | K-5 | 2.1 mi |
Horlick High School 2119 Rapids Drive, Racine, WI 53404 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1001 Prospect St
Tax History
Tax History for 1001 Prospect St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,807
10%
$218,900
10%
2024
$5,300
9%
$199,000
15%
2023
$4,861
15%
$173,000
15%
2022
$4,211
2%
$150,000
15%
2021
$4,121
1%
$130,000
—
2020
$4,067
8%
$130,000
8%
2019
$3,750
10%
$120,000
10%
2018
$3,401
-1%
$109,000
4%
2017
$3,439
3%
$105,000
5%
2016
$3,352
-1%
$100,000
—
2015
$3,384
5%
$100,000
—
2014
$3,237
-5%
$100,000
-6%
2013
$3,400
—
$106,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1001 Prospect St
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,530Sq. Ft.
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- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 2Total Baths
- 1,435Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 2,380Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,530Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 3,394Sq. Ft.
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1001 Prospect St, Racine, WI 53404 (MLS# 1982890) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1001 Prospect St is currently listed for $429,900 and was received on October 01, 2026. Want to learn more about 1001 Prospect St? Do you have questions about finding other Multi-Family real estate for sale in Racine? You can browse all Racine real estate or contact a Coldwell Banker agent to request more information.