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$115,000 Just Listed
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Property Description
Come Check out the endless potential for this duplex. This duplex is a great value add asset into anyones portfolio especially at this entry point price point. Cashflow is exactly what you are buying here! In 2020/2021 this building got new mechanicals, Electrical updates, Brand new windows throughout, and brand new tear-off roof. Only aesthetic updates left. Come check this one out before it is gone.
Full Property Details
Full Property Details for 1351 Prospect St
General
- Price: $115,000
- Taxes: $1,876 (2025)
- Status: Active
- Type: Multi-Family
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1984134
- Updated: 10/9/2026
- Added to Site: 2 day(s) ago
Parking
- Parking Features: Parking Space, Paved Driveway
Location
- County: Racine
- Driving Directions: East of Memorial Dr. and West and Dr. MLK Dr.
School Information
- School District: Racine Unified
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: 2 Houses on One Lot, In-Law/Guest Quarter
- Exterior Const.: Wood
- Basement Desc.: Full, Walk-Out/Outer Door
- Year Built: 1880
Unit Information
Unit 1
- Square Feet: 1600
- Bathroom Features: Shower over Tub, Vanity
- Bedrooms: 3
Unit 2
- Square Feet: 400
- Bathroom Features: Shower over Tub, Vanity
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.17
- Zoning: R3
Financial Considerations
- Tax Amount: $1,876.84
- Tax Year: 2025
Listed by Realty ONE Group Boardwalk
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Schools
Schools serving 1351 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 | 1.1 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 1351 Prospect St
Date
Details
Price
Change
Source
10/09/2026
Listed
$115,000
228.57%
MLS
3/24/2021
Sold
$35,000
—
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 1351 Prospect St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,877
12%
$68,200
9%
2024
$1,672
5%
$62,300
9%
2023
$1,594
-8%
$57,000
10%
2022
$1,727
39%
$52,000
8%
2021
$1,243
-48%
$48,000
—
2020
$2,398
7%
$48,000
9%
2019
$2,234
23%
$44,000
2%
2018
$1,810
-6%
$43,000
5%
2017
$1,916
-7%
$41,000
5%
2016
$2,063
-5%
$39,000
—
2015
$2,164
-2%
$39,000
—
2014
$2,197
—
$39,000
-7%
2013
$2,192
—
$42,000
—
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 1351 Prospect St
1351 Prospect St, Racine, WI 53404 (MLS# 1984134) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1351 Prospect St is currently listed for $115,000 and was received on October 09, 2026. Want to learn more about 1351 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.

