Explore a lucrative opportunity with this expansive southside duplex, featuring two bedrooms in each unit--ideal for both investors and owner-occupants. Each unit showcases charming natural woodwork, formal dining & living rooms, creating a classic atmosphere. The upper unit, recently refreshed w/ new carpet & paint, is currently vacant, while the lower unit enjoys the stability of a long-term tenant. Mirrored images of each other, these units offer separate basements, furnaces, and water heaters, ensuring independence. A driveway with a 2-car garage enhances parking options. Located near restaurants and shopping, this duplex is a valuable addition to any investment portfolio.
Closed
$179,900
2406 Olive STREET, Racine, WI 53403
4beds
2,000sqft
Multi Family, Duplex
Built in 1925
-- sqft lot
$225,100 Zestimate®
$90/sqft
$982 Estimated rent
Home value
$225,100
$209,000 - $243,000
$982/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2025 at 09:32am
Listed by:
Anthony Veranth office@newportelite.com,
RE/MAX Newport
Bought with:
Karen M Brown
Source: WIREX MLS,MLS#: 1857996
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, 2 Car
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,356 sqft
Details
- Parcel number: 13335000
- Zoning: R3
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: 2 Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: 2 Electric Meters, 2 Gas Meters
Community & neighborhood
Location
- Region: Racine
- Municipality: Racine
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2023 | Sold | $179,900$90/sqft |
Source:  WIREX MLS #1857996 | ||
| 11/23/2023 | Contingent | $179,900$90/sqft |
Source: WIREX MLS #1857996 | ||
| 11/17/2023 | Listed for sale | $179,900+56.4%$90/sqft |
Source: WIREX MLS #1857996 | ||
| 4/3/2018 | Sold | $115,000$58/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,449 -1.2% | $180,000 +3.4% |
| 2023 | $4,503 +10% | $174,000 +10.1% |
| 2022 | $4,095 -2.5% | $158,000 +9.7% |
Find assessor info on the county website
Neighborhood: 53403
Nearby schools
GreatSchools rating
- 1/10Mitchell Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 5/10Park High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: Racine
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$225,100
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$229,602