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1646 Center STREET, Racine, WI, 53403

5beds
2baths
1,100sqft
$239,900
$218price/sqft
$1,814/moest. monthly cost
$72,560/yrincome needed

About This Home

Fully updated two family duplex thats already rented. Every update you can imagine was done at this property from a new roof to new electrical, plumbing, water heaters and furnaces. Dont miss out on this cash flowing property!

Getting Around

59
WalkingSomewhat Walkable
46
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

2/10
Johnson Elementary SchoolGrades PK-52.2 mi
3/10
Case High SchoolGrades 9-124.3 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1890

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Bungalow
  • Property subType: Multi Family,Duplex

Interior

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 1

Interior Area

  • Total structure area: 1,100
  • Total interior livable area: 1,100 sqft

Property

Details

  • Parcel number: 08485000
  • Zoning: R3
  • Exclusions: Sellers,Tenants Personal Items.

Features

  • Levels: One and One Half,Two
  • Stories: 1
  • Living area range: Not Available

Lot

  • Lot size: 4,791 sqft

Parking

  • Parking features: No Garage,1 Space

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
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Lightning
Tornado
Hail
Heat Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

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

MonthlyAnnual
Mortgage $1,213$14,556
Home Insurance *$143$1,716
Property Taxes $287$3,444
Electricity $171$2,054
Total$1,814$21,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,194/yr
40% on housing$54,420/yr
45% on housing$48,373/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

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.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.3%
-2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$218This listing

vs Other Active Listings

Avg $/sqft

ZIP 53403$301
Racine County$249

vs Homes Sold Last Month

Median $/sqft

ZIP 53403$159
Racine County$175

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

DateEventPrice
2026-07-20Price change$239,900
2026-07-05Listed for sale$250,000

For Sale by Agent

AgentSteven Bilik
BrokerageWelcome Home Real Estate Group, LLC

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