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$299,000
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Property Description
Great investment opportunity with immediate cash flow! Three-unit property featuring two 3-bedroom units and one 2-bedroom unit. Units 2 and 3 have been recently remodeled. Unit 2 is vacant and ready for occupancy, while Units 1 and 3 are occupied with tenants who would like to stay. Basement offers coin-operated laundry with 2 washers and 2 dryers plus tenant storage. Tenants pay their own gas and electric. Major updates include roof (2019), three water heaters (2018, 2019 & 2020), windows (2004) and furnace (2004). A great opportunity to add an income-producing property to your portfolio!
Full Property Details
Full Property Details for 1027 Albert St
General
- Price: $299,000
- Taxes: $4,655 (2025)
- Status: Active
- Type: Multi-Family
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1975799
- Updated: 8/24/2026
- Added to Site: 16 day(s) ago
Parking
- Parking Features: None
Location
- County: Racine
- Driving Directions: South Marquette to Albert St east to property
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.: Aluminum Siding
- Basement Desc.: Full, Laundry Facilities
- Stories Description: 3 to 4 Stories
- Year Built: 1890
Unit Information
Unit 1
- Number of Units: 3
- Unit Description: 1 Bath, 3 or More Bedrooms, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator
- Square Feet: 751 to 100
Unit 2
- Unit Description: 1 Bath, 3 or More Bedrooms, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator
- Square Feet: 751 to 100
Unit 3
- Unit Description: 1 Bath, 2 Bedrooms, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator
- Square Feet: 751 to 100
Lot Features
- Lot Size (Acres): 0.07
- Zoning: R3
Financial Considerations
- Tax Amount: $4,655.13
- Tax Year: 2025
Listed by Movoto, Inc.
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Schools
Schools serving 1027 Albert St
School District:Racine School District
| Name | Grades | Distance |
|---|---|---|
Julian Thomas Elementary School 930 Doctor Martin Luther King Drive, Racine, WI 53404 | K-5 | 0.4 mi |
Jerstad-Agerholm Elementary School 3535 Lasalle Street, Racine, WI 53402 | K-5 | 1.8 mi |
Horlick High School 2119 Rapids Drive, Racine, WI 53404 | 9-12 | 1 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 1027 Albert St
Date
Details
Price
Change
Source
8/12/2026
Listed
$299,000
30%
MLS
7/31/2024
Sold
$230,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1027 Albert St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,282
9%
$196,600
11%
2024
$4,840
6%
$177,900
10%
2023
$4,571
10%
$161,000
10%
2022
$4,152
-2%
$146,000
10%
2021
$4,250
2%
$133,000
—
2020
$4,165
-20%
$133,000
4%
2019
$5,210
8%
$128,000
5%
2018
$4,828
24%
$122,000
3%
2017
$3,908
-22%
$118,000
5%
2016
$4,995
-8%
$112,000
—
2015
$5,424
11%
$112,000
—
2014
$4,894
-12%
$112,000
-5%
2013
$5,575
—
$118,000
—
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 1027 Albert St
1027 Albert St, Racine, WI 53404 (MLS# 1975799) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1027 Albert St is currently listed for $299,000 and was received on August 12, 2026. Want to learn more about 1027 Albert 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.

