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1518 Lombard Ave, Racine, WI 53402

Racine
Local realty services provided by:CENTURY 21 Endeavor
1518 Lombard Ave,Racine, WI 53402
$214,900
  • 2 Beds
  • 1 Baths
  • 1,504 sq. ft.
  • Multi-family
  • Active
Listed by: alexander gray-broses
Office: durante & rich real estate
MLS#:1986811
Source:WI_METROMLS

Price summary

  • Price:$214,900
  • Price per sq. ft.:$142.89

About this home

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).

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Home facts

  • Year built:1917
  • Listing ID #:1986811
  • Added:1 day(s) ago
  • Updated:October 31, 2026 at 04:41 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Basement Description:Full
  • Living area:1,504 sq. ft.

Structure and exterior

  • Year built:1917
  • Building area:1,504 sq. ft.
  • Lot area:0.09 Acres
  • Construction Materials:Vinyl

Finances and disclosures

  • Price:$214,900
  • Price per sq. ft.:$142.89
  • Tax amount:$3,808 (2025)

Parking

  • Parking description:Paved Driveway
The information being provided by Wisconsin Real Estate Exchange is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is supplied by seller and other third parties and has not been verified. 2026 Wisconsin Real Estate Exchange All rights reserved. WI_METROMLS Member Broker: Belle Luhman

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