508 8th St

$184,900
Price
Beds
Baths
2,290 Sq. Ft.
$81 / Sq. Ft.
2,290
Sq. Ft.
$81
per Sq. Ft.

Description

A solid four unit investment property in the heart of Racine! This property offers cash flow with plenty of upside for future value. Each unit features a functional, traditional layout. True fourplexes rarely come to market in this area, making this a standout opportunity for anyone looking to expand their portfolio with an income producing property close to downtown, transportation, and local amenities.A solid four unit investment property in the heart of Racine! This property offers cash flow with plenty of upside for future value. Each unit features a functional, traditional layout. True fourplexes rarely come to market in this area, making this a standout opportunity for anyone looking to expand their portfolio with an income producing property close to downtown, transportation, and local amenities.
  1. Listed by Patrick Komperda • Brokerage DRE #938769-91 • Real Broker LLC
    P: (262)-235-5505 C: (262)-235-5505 patrick@royalresolutions.com

Amenities

  • Full Basement
  • Traditional
LISTING UPDATED: 12/02/2025 12:21 PM

Property Details for 508 8th Street

StatusActive
MLS #1943763
Days on Market37
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1915
Lot Size0.07 AC / 3,049 SF
CountyRacine County

Location

Listing Courtesy of Real Broker LLC
Add your commute

Building Information for 508 8th Street

Stories-Residences-Year Built1915Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$1,159 per month

30 year fixed, 6.28% Interest

Principal and Interest

$914

Property Taxes

$245

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 508 8th Street

Summary
Location and General Information
  • Directions: From Park Ave, Turn Left on 8th St, Property on the Right
  • Latitude: 42.724652
  • Longitude: -87.786478
  • Postal Code: 53403
  • Zoning Description: R4
Parking
  • Attached Garage: No
  • Parking Features: None
Taxes and HOA
  • Parcel Number: 00933000
School Information
  • High School District: Racine Unified
Property
Lot Information
  • Building Area Total: 2290.0
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Source: Public Record
  • Lot Size Square Feet: 3049.2
  • Lot Size Units: Acres
Property and Assessments
  • Exclusions: Seller Personal Property
  • Inclusions: N/A
  • Year Built: 1915
Utilites
  • Sewer: Municipal Sewer
Interior and Exterior Features
Interior Features
  • Basement: Full
  • Basement: Yes
  • Bathrooms Total Integer: 0
  • Construction Materials: Vinyl
Multi Family
Income & Expenses
  • Gross Scheduled Income: $23,400
  • Net Operating Income: $23,400
  • Operating Expense: $11,000.00
Rental
Rent Information
  • Tenant Pays: Water, Electricity, Heat, Gas

Property History for 508 8th Street

DateEvent & SourcePriceAppreciation
Dec 2, 2025

Price Change

MetroMLS #1943763

$184,900
Nov 22, 2025

Listed (Active)

MetroMLS #1943763

$189,900
Jun 24, 2008

Off Market

MetroMLS #988584

$119,900
Jan 24, 2008

Listed (Active)

MetroMLS #988584

$129,900
DateEvent & SourcePrice
12/02/2025

Price Change

MetroMLS #1943763

$184,900
11/22/2025

Listed (Active)

MetroMLS #1943763

$189,900
06/24/2008

Off Market

MetroMLS #988584

$119,900
01/24/2008

Listed (Active)

MetroMLS #988584

$129,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 508 8th Street

Taxable ValueLand$6,900Additions$95,800Total$102,700
Tax Record2024$2,939 ($245 / month)
Home Facts
Total Finished SqFt2,290 SqFtAbove Grade Finished SqFt2,290 SqFtStories2Lot Size3,093 SqFtStyleTriplexYear Built1915ZoningR4CountyRACINEAPN276 000000933000

Schools near 508 8th Street

This home is within Racine Unified School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Johnson Elementary School
PublicPK to 5

Mitchell Middle School
Public6 to 8

Case High School
Public9 to 12

Walden Iii Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

508 8th Street is a multi-family home for sale in Racine, WI 53403. This property was listed for sale on November 22, 2025 by Real Broker LLC, it's currently listed at $184,900. This listing's school district is Racine Unified School District. Nearby schools include Johnson Elementary School, Mitchell Middle School and Case High School. 508 8th Street is a 0-bed, 0-bath, 2,290 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker LLC

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 12/02/2025 12:21 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2025 – WiREx. – All Rights Reserved