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    1504 Owen Ave Racine, WI 53403

    For Sale
    $134,900

    Duplex/2 Story - Racine, WI

    Lot size:
    0.11 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 1504 Owen Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R3
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    2
    APN
    09414000
    Appliances
    None
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1910
    Floors in Building
    2
    Architectural style
    Other

    Juniper Real Estate LLC dba Keller Williams Realty Milwaukee North Shore (414) 962-3605 [email protected]

    Listing agent Holly T Speranza (414) 962-3605 License #56826-90

    Listing date Nov 25, 2025

    MLS# 1941749 Listing URL

    Copyright © 2025 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Racine Duplex with Income Potential

    This Racine duplex features two units: a 2-bedroom lower unit and a 3-bedroom upper unit. The lower unit is currently rented for $775 per month, while the upper unit brings in $1,145 per month. Both units have separate utilities and long-term tenants. The property is located near schools, parks, and local amenities. Situated on a lot of 0.11 acres, this two-story residential income property offers an investment opportunity with cash flow potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.798995
    Latitude
    42.713712

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    FAQs

    What type of property is this?
    Duplex - Two-unit duplex in Racine, WI with steady rental income.
    Where is this duplex located?
    The property is located at 1504 Owen Ave Racine, WI.
    What is the asking price?
    The asking price for this property is $134,900.
    What are key features of this property?
    This property features: - Strong cash flow investment opportunity with a total rental income of $1,920 per month.; - Two units: **a 2-bedroom lower unit and a spacious 3-bedroom upper unit.**; - Separate utilities for each unit.
    (414) 962-3605
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1504 Owen Ave Racine, WI 53403
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