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$129,900 Contingent
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Property Description
2/3 duplex in Racine featuring a 2 bedroom lower unit and a spacious 3 bedroom upper unit. The lower unit is currently rented for $775 per month and the upper unit for $1,145 per month, offering strong income potential for investors. Both units offer comfortable layouts with separate utilities and long term tenants already in place. Conveniently located near schools, parks, and everyday amenities, this property presents a great opportunity to add to a portfolio or for an owner occupant looking to start building equity. Cash flowing duplex with tenants already in place, and room to improve rents. So much potential, just waiting to be tapped into!
Full Property Details
Full Property Details for 1504 Owen Ave
General
- Price: $129,900
- Taxes: $1,988 (2024)
- Status: Contingent
- Type: Duplex
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1952356
- Updated: 3/10/2026
- Added to Site: 32 day(s) ago
Parking
- Parking Features: Alley Entrance, Parking Space
Location
- County: Racine
- Driving Directions: I-41 to Washington Ave, East on Washington Ave to Owen Ave, South on Owen Ave to property
School Information
- School District: Racine Unified
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Duplex/2 Story
- Exterior Const.: Vinyl
- Basement Desc.: Full
- Year Built: 1910
Unit Information
Unit 1
- Square Feet: 1909
- Bathroom Features: Full Bath on Main Level
- Bedrooms: 2
Unit 2
- Bathroom Features: Full Bath on Upper Level
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.11
- Zoning: R3
Financial Considerations
- Tax Amount: $1,988.23
- Tax Year: 2024
Listed by Keller Williams-MNS Wauwatosa
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Schools
Schools serving 1504 Owen Ave
School District:Racine School District
| Name | Grades | Distance |
|---|---|---|
Knapp Elementary School, Racine, WI 2701 17th Street, Racine, WI 53405 | K-5 | 0.7 mi |
Mitchell Elementary School, Racine, WI 2701 Drexel Avenue, Racine, WI 53403 | K-5 | 1.2 mi |
Park High School 1901 12th Street, Racine, WI 53403 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1504 Owen Ave
Date
Details
Price
Change
Source
3/04/2026
Listed
$129,900
3.92%
MLS
3/02/2022
Sold
$125,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1504 Owen Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,259
-13%
$87,200
9%
2023
$2,604
32%
$80,000
10%
2022
$1,966
-9%
$73,000
11%
2021
$2,152
-9%
$66,000
—
2020
$2,368
18%
$66,000
5%
2019
$2,015
5%
$63,000
9%
2018
$1,923
-4%
$58,000
4%
2017
$2,003
3%
$56,000
6%
2016
$1,954
4%
$53,000
6%
2015
$1,882
-5%
$50,000
—
2014
$1,973
-1%
$50,000
-11%
2013
$1,989
—
$56,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1504 Owen Ave
1504 Owen Ave, Racine, WI 53403 (MLS# 1952356) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1504 Owen Ave is currently listed for $129,900 and was received on March 04, 2026. Want to learn more about 1504 Owen Ave? Do you have questions about finding other Duplex real estate for sale in Racine? You can browse all Racine real estate or contact a Coldwell Banker agent to request more information.

