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$80,000 Just Listed
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Property Description
Diamond in the rough -- endless potential awaits! Calling all visionaries, investors, and flippers! This spacious 4-bedroom, 1-bath home with a detached 2-car garage is a rare find for anyone ready to roll up their sleeves and create something special.The home sustained fire damage on the upper level, but don't let that scare you off -- the bones of this house are solid, and the potential is real. With an estimated After Repair Value of $180,000+, there's serious upside for the right buyer ready to bring their vision to life.This is a cash, commercial, or hard money purchase only -- traditional financing won't apply here. And because of the home's condition, all showings require a signed hold harmless waiver before touring.Opportunities like this do not come around often!
Full Property Details
Full Property Details for 1339 Rapids Dr
General
- Price: $80,000
- Taxes: $2,455 (2025)
- Status: Active
- Type: Single Family
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1978478
- Updated: 8/31/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: High Speed Internet
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom: MBR Bath Shower over Tub
Bedrooms
- Total Bedrooms: 4
- Bedroom 1: 11 x 9, Upper Level
- Bedroom 2: 11 x 9, Upper Level
- Bedroom 3: 11 x 8, Upper Level
Other Rooms
- Living Room: 17 x 17, Main Level
- Kitchen: 11 x 8, Main Level
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Racine
- Driving Directions: Rapids Dr between N.Memorial and Charles St, turn south on Rapids Dr to Property
School Information
- School District: Racine Unified
Heating & Cooling
- Heating/Cooling: Natural Gas, Forced Air
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Two Story, Bungalow
- Exterior Const.: Other
- Basement Desc.: Full
- Square Feet: 1,300
- Year Built: 1906
Lot Features
- Lot Size (Acres): 0.11
- Zoning: R3
Financial Considerations
- Tax Amount: $2,455.81
- Tax Year: 2025
Listed by Sun Realty Group
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Schools
Schools serving 1339 Rapids Dr
School District:Racine School District
| Name | Grades | Distance |
|---|---|---|
Jerstad-Agerholm Elementary School 3535 Lasalle Street, Racine, WI 53402 | K-5 | 1.5 mi |
O Brown Elementary School 2115 5 1/2 Mile Road, Racine, WI 53402 | K-5 | 4.3 mi |
Horlick High School 2119 Rapids Drive, Racine, WI 53404 | 9-12 | 0.6 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 1339 Rapids Dr
Date
Details
Price
Change
Source
8/31/2026
Listed
$80,000
-30.43%
MLS
6/17/2024
Sold
$115,000
—
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 1339 Rapids Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,456
11%
$98,700
11%
2024
$2,213
5%
$89,000
10%
2023
$2,110
9%
$81,000
9%
2022
$1,927
-2%
$74,000
10%
2021
$1,962
2%
$67,000
—
2020
$1,920
-24%
$67,000
6%
2019
$2,525
4%
$63,000
3%
2018
$2,418
-1%
$61,000
7%
2017
$2,435
-4%
$57,000
—
2016
$2,524
12%
$57,000
—
2015
$2,255
21%
$57,000
—
2014
$1,859
3%
$57,000
-8%
2013
$1,806
—
$62,000
—
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 1339 Rapids Dr
1339 Rapids Dr, Racine, WI 53404 (MLS# 1978478) is a Single Family property with 4 bedrooms and 1 full bathroom. 1339 Rapids Dr is currently listed for $80,000 and was received on August 31, 2026. Want to learn more about 1339 Rapids Dr? Do you have questions about finding other Single Family real estate for sale in Racine? You can browse all Racine real estate or contact a Coldwell Banker agent to request more information.

