Investment Snapshot

1637 Edgewood Ave is a classic up–down duplex in Racine, WI, offering 3-bedroom units on both levels and a total of 6 beds / 2 baths across 1,200 square feet. Built in 1910 on a compact 4,356 sq ft lot, the property sits in a walkable, in-fill neighborhood with established housing stock and steady renter demand. With a current value band in the ~$130K–$170K range and a Zestimate that has grown more than 90% over the last five years, this asset fits squarely in the affordable acquisition bracket where returns are driven by both yield and organic appreciation.

Value & Upside

As a fully built-out duplex with separate electric and gas meters, this property is structurally set up for clean expense allocation and straightforward rent roll management. Taxes remain manageable relative to valuation, and nearby sales show continued investor interest in comparable small multifamily. For a portfolio focused on cash flow, low entry cost, and exposure to Racine’s long-term growth, 1637 Edgewood functions as a simple, scalable building block: easy to underwrite, easy to operate, and well-positioned for incremental value-add improvements over time.