3200 Indiana Street, Racine, WI 53405
3200 Indiana Street, Racine, WI 53405
3200 Indiana Street, Racine, WI 53405
3200 Indiana Street, Racine, WI 53405
3200 Indiana Street, Racine, WI 53405
3200 Indiana Street, Racine, WI 53405
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Donna LaBarge

Donna LaBarge

+1(608) 333-2643
Listed by Apartment Cash Flow, Inc.
$ 1,870,000
Est. payment | /mo

20 Beds

20 Baths

700 SqFt

Save
$ 1,870,000
Est. payment | /mo
Save

20 Beds

20 Baths

700 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment building

Listing Status Active

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $2,671

MLS Listing ID 2032833

Bedrooms 20

Full Baths 20

Year Built 1979

Annual Tax Amount $31,172

Tax Year 2025

Lot Size 1.020 Acres

Acres 1.02

Property Sub-Type Apartment building

Property Description

20-unit apartment investment opportunity at 3200 Indiana St in Racine. Built in 1979, the property consists of 20 one-bedroom units averaging approximately 700 SF. Eight units have been renovated within the past year with updated flooring, appliances, kitchens and bathrooms, along with improvements to the common areas. Current rents average $969/unit with pro forma rents of $1,125, providing a clear path for continued value-add through renovation and rent growth. Tenant-paid, separately metered electric, individual water heaters, wall-sleeve A/C and electric baseboard heat help maintain an efficient expense structure. Convenient location near shopping, Reservoir Park and Highway 11.

Location

State WI

County Racine

Area Other In Wisconsin

Zoning R3

Direction From Hwy 11/Durand Ave, south on Indiana St to 3200 Indiana St.

Rooms

Basement Sump pump, Storage area, Unfinished

Interior

Heating Radiant

Heat Source Electric

Exterior

Parking Features Outside

Building

Water Municipal sewer, Municipal water

Structure Type Brick

Schools

Elementary Schools Not Assigned

Middle Schools Not Assigned

High Schools Not Assigned

School District Unknown

South Central Wisconsin MLS (SCWMLS)
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved

Nearby Locations

Donna LaBarge

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(608) 333-2643

donnajlabarge@gmail.com

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3200 Indiana Street