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Two-Unit Property with Balcony
For Sale
$164,900

A-509 Park View Drive, Racine, WI 53404

Partially updated duplex on a dead-end street with driveway parking and a rear storage shed.

Property SizeContact for details
Days on Market60

Property Features for A-509 Park View Drive

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $3,226
Listing Agency: Smart Asset Realty Inc
Listed By: Ryan Maurer
Source: Exprealty
Added: Jul 11 Changed: Sep 5 Last Checked: Sep 7 at 2:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Smart Asset Realty Inc

Investment Insights

Based on property information with market context.

This two-unit property offers a partially updated layout with separate upper and lower residences. The upper unit is vacant, while the lower unit is occupied, providing flexibility for an owner occupant or a new tenancy. An upper-level balcony adds exterior space, and the property includes a driveway for off-street parking along with a storage shed at the rear.

Set on a quiet dead-end street, the property is near Root River Parkway and Island Park. Its residential setting, existing two-unit configuration, and combination of parking and storage features support a range of occupancy arrangements.

Key Highlights

  • Two‑unit residential property with a partially updated interior
  • Upper unit is vacant; lower unit is occupied
  • Upper‑level balcony

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Spa & Massage Center Skin Care Clinic Accounting Firm (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

348
Businesses Nearby

Demographics for 53404, WI

15,532
Population
5,110
Households
3
Avg Household Size
32
Median Age
13%
College-Educated
82%
High-School Grad
4.9 sq mi
ZIP Area
3,170
Density / Sq Mi
$47,714
Median Household Income
$35,419
Median Earnings
$968
Median Rent
$126,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Partially updated duplex on a dead-end street with driveway parking and a rear storage shed.
Where is this duplex located?
The property is located at A-509 Park View Drive Racine, WI.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: Two‑unit residential property with a partially updated interior; Upper unit is vacant; lower unit is occupied; Upper‑level balcony
More about this property
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