614 6th STREET, Racine, WI, 53403
About This Home
Exceptional investment opportunity in the heart of Downtown Racine! This fully occupied mixed-use property features 12 residential units and 2 commercial storefronts, offering strong and consistent cash flow with upside potential. Many of the apartment units have been updated, blending modern improvements with classic character and appeal. **Comes with parking lot in back!Recent improvements include a new roof, 2 boilers and hot water heaters, helping lower future maintenance costs. The property also features a newly updated on-site laundry facility with a 24-hour live security feed for added tenant safety and convenience.Located in a prime downtown location near shopping, dining, entertainment, and Lake Michigan, this well-maintained property is an excellent opportunity for invest
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1928
Materials
- Construction materials: Brick/Stone,Brick,Stone
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Apartment
Interior
Appliances
- Appliances included: Dryer,Washer,Seller Owned: Water Heater
Basement
- Has basement: Yes
- Basement: Full
Heating
- Heating features: Natural Gas,Hot Water/Steam
Property
Details
- Parcel number: 00027000
- Zoning: B4
- Exclusions: Tenants Personal Property
Lot
- Lot size: 5,227 sqft
Parking
- Parking features: Outdoor Space,Inside Parking,Outside
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Tornado
- Hail
- Heat Wave
- Inland Flooding
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,281 | $87,372 |
| Home Insurance * | $859 | $10,308 |
| Property Taxes | $1,728 | $20,736 |
| Electricity | $171 | $2,054 |
| Total | $10,039 | $120,468 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-01 | Listed for sale | $1,440,000 |
| 2024-08-13 | Sold | $880,000 |
| 2024-06-28 | Contingent | $900,000 |
| 2024-06-22 | Listed for sale | $900,000 |
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