#1918971, Jatinder Mangat, Listing office: Sorenson Realty Associates, LLC
Property details
About 1231 Marquette St
Exceptional Cash-Flowing Four-Family Property in Racine. This property currently generates $3,625 per month in rental income, with potential for growth. Two of the four units have been converted into three-bedroom layouts. You also have the opportunity to transform the remaining two units, maximizing your investment!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.15 Acres
Year built1920
ParkingOutdoor Space,Inside Parking,Outside
MLS #1926108
Summary
- Basement: Yes
- Parking: Outdoor Space,Inside Parking,Outside
- Heating: Forced Air, Natural Gas
- List Price: $339,900
- Annual Tax Amount: $5,635
- Tax Year: 2023
- Directions: Go north on Marquette St past State St, will be on the east side.
- Year Built: 1920
- Municipality: Racine
- Lot Size: 0.15 Acres
- MLS Number: 1926108
- MLS Name: WIREX_METRO
- Office Name: ReBelle Realty
- Office Phone: (262) 732-3553
- Office Email: vince@rebellerealty.com
- Listing Agent: Adam Pischke
© 2025 WIREX - All Rights Reserved.
Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 4:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 11, 2023 | Home Sold | $242,000 |
| Jan 10, 2022 | Home Sold | $200,000 |
| Oct 11, 2019 | Home Sold | $153,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $198,000 | $5,635 |
| 2022 | $172,000 | $5,948 |
| 2021 | $150,000 | $4,686 |
| 2020 | $150,000 | $4,587 |
| 2019 | $110,000 | $3,439 |
| 2018 | $105,000 | $3,297 |
| 2017 | $101,000 | $3,649 |
History based on county public records data.
Nearby schools
2
Red Apple Elementary School
Public District KG-5
0.3 mi
•914 Saint Patrick St
1
Julian Thomas Elementary School
Public District KG-5
0.3 mi
•930 Dr Martin Luther King Dr
1
Janes Elementary School
Public District KG-5
0.4 mi
•1425 N Wisconsin St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,472. Typical income of Racine, WI residents is less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
65%
<35k
34%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
39%
Single, No Kids
36%
Single, with Kids
13%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
10%
12-17 yrs old
26%
18-34 yrs old
31%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1231 Marquette St
The listing price of 1231 Marquette St property is $339,900.
The property 1231 Marquette St is a multi located in Racine, Wisconsin, 53404.
Active Listing: 1231 Marquette St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1231 Marquette St are: Red Apple Elementary School (GreatSchools Rating 2/10), Julian Thomas Elementary School (GreatSchools Rating 1/10), Janes Elementary School (GreatSchools Rating 1/10), 21st Century Preparatory School (GreatSchools Rating 3/10), Gilmore Fine Arts School (GreatSchools Rating 3/10), Jerstad-Agerholm School (GreatSchools Rating 1/10), Racine Alternative Learning (GreatSchools Rating 1/10), Horlick High School (GreatSchools Rating 2/10), Walden III High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $5,635 (source: MLS/based on county public records data).
The last sale was on July 11, 2023 for $242,000 (source: MLS/tax record).
The year of construction for 1231 Marquette St is 1920.
This home is located at 1231 Marquette St in Racine, WI and zip code 53404 in the The 11th Ward neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $339,900.
Over 32 listings were sold over their listed price in June 2025 in Racine, WI. In the same period over 37 listings were sold below the listed price and 14 listings were sold for the listed price. In June 2025 in Racine, WI there were 7.1% more homes for sale than in May. While the average time on the market in June 2025 was 24 days, the median list price was $230,000.
From Rocket Homes Real Estate and based on county public records data.