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Listing provided courtesy of Hyperion RealtyMetro MLS- MLS# 1965738MLS Provider

311 11th StRacine, WI 53403

Multi-Family · 4,200 Sq. ft. | 0.07 Acres
$429,900 Active With Offer

311 11th St Overview

Time on Site:
25 days
Visits:
1

Five-unit Racine income property with the heavy lifting already done. Two 2-bedroom units and three 1-bedroom units, each with an eat-in kitchen, range, and refrigerator, The building has a documented long rental history and consistent occupancy. In-place rent is $4,425/mo ($53,100/yr). Recent capital work includes a newer roof (2019) and updated electrical service and wiring (2018), with semi-updated bathrooms and newer windows in select units. Vinyl exterior keeps ongoing maintenance light. Boiler heat, municipal water and sewer, and a full basement with laundry hookups. Located two blocks off Main Street and within blocks of Lake Michigan and the downtown Racine waterfront, with Highway 20 running west to I-94 toward the Milwaukee and Chicago markets.

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311 11th St Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,200
  • Price/Sq.ft. $102
  • Lot 0.07 Acres

Details

General

School Information

  • School District: Racine Unified
  • Elementary School: Johnson
  • High School: Case

Income/Expenses

  • Gross Scheduled Income: 53100
  • Net Operating Income: 20567
  • Operating Expense: 28285

Listing Information

  • Contingency: With Offer

Building Information

  • Year Built: 1880

Location/Region

  • County Or Parish: Racine
  • Postal City: Racine

General Information

  • Exclusions: Tenant's and Seller's personal Property
  • Inclusions: 5 Refrigerators, 5 Ranges.
  • Parcel Number: 00640003
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 4200

General Information

    Exterior

    Parking Information

    • Parking Features: None

    Lot Information

    • Lot Size Source: Public Record
    • Lot Size Square Feet: 3049.2
    • Lot Size Units: Acres

    Building Exterior/Construction

    • Attached Garage: false
    • Construction Materials: Vinyl

    General Information

    • Sewer: Municipal Sewer

    311 11th St Neighborhood

    Community

    53403 (Racine) Demographics

    34
    Median Age
    1,991
    Population Density (per sq. mile)
    32%
    College Educated
    $41,157
    Estimated Median Income
    4,974
    Estimated Total Home Owners
    5,432
    Estimated Total Renters
    48% / 52%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    311 11th St Monthly Cost

    $
    $ %
    %
    $
    $
    Jim Luxem Jr
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    311 11th St Market Data

    Based on the last 30 days in this zip code

    $378,021
    Average List Price
    $190
    Average Price per Square Foot
    18
    Properties Sold
    49
    Average Days on Market
    72
    Properties for Sale
    Calculations provided by Reliance Network

    311 11th St History

    Date Event Value Agent
    6/8/2026Source: Metro MLS Status Change
    Active With Offer
    6/4/2026Source: Metro MLS Added to Database
    June 04, 2026
    3/11/2026Source: Metro MLS Status Change
    Closed
    3/11/2026Source: Metro MLS Status Change
    Closed
    3/11/2026Source: Metro MLS Status Change
    Closed
    11/6/2025Source: Metro MLS Added to Database
    November 06, 2025
    7/28/2025Source: Metro MLS Added to Database
    December 09, 2022
    7/28/2025Source: Metro MLS Added to Database
    March 31, 2022
    7/28/2025Source: Metro MLS Status Change
    SOLD