Closed

$250,000

2931 Olive STREET, Racine, WI 53403

4beds

--sqft

Multi Family, Duplex

Built in 1927

-- sqft lot

$254,000 Zestimate^®

$--/sqft

$1,440 Estimated rent

Home value

$254,000

$229,000 - $282,000

$1,440/mo

Zestimate^® history

Owner options

List your home for rent

$1,440/mo

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$1,440/mo

Rent Zestimate^®

Refinance and save

$1,754/mo

Est. payment

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$1,754/mo

Est. payment

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What's special

Well maintained 2 family home offering 2 bedrooms and 1 full bath in each unit! Both units feature beautifully refinished hardwood floors that add warmth and character throughout. The upper unit is currently rented, providing immediate income potential, while the lower unit is vacant and ready for an owner-occupant or additional rental income. Spacious layouts, classic charm, and flexible living options make this property a great opportunity for investors or owner-occupants alike. Live in one unit and let the rental income help offset your mortgage, or add this solid property to your investment portfolio!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Features

Basement: Full
Has fireplace: No

Interior area

Living area range: Not Available Square Feet

Property

Parking

Parking features: No Garage

Features

Levels: Two
Stories: 2

Lot

Size: 4,356 Square Feet

Details

Parcel number: 16540000
Zoning: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Duplex

Materials

Vinyl Siding

Condition

21+ Years
New construction: No
Year built: 1927

Utilities & green energy

Electric: 2 Electric Meters
Sewer: Public Sewer
Water: Public
Utilities for property: 2 Electric Meters, 2 Gas Meters

Community & HOA

Location

Region: Racine
Municipality: Racine

Financial & listing details

Tax assessed value: $151,500
Annual tax amount: $3,515
Date on market: 5/11/2026

Price history

Date	Event	Price
6/18/2026	Sold	$250,000-5.7%
Source: WIREX MLS #1961930 Report a problem
5/14/2026	Contingent	$265,000
Source: WIREX MLS #1961930 Report a problem
5/11/2026	Listed for sale	$265,000+278.6%
Source: WIREX MLS #1961930 Report a problem
8/21/2017	Sold	$70,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,799 +10.6%	$151,500 +10.6%
2024	$3,434 +5.3%	$137,000 +10.5%
2023	$3,260 +9.8%	$124,000 +9.7%
2022	$2,968 -2.5%	$113,000 +9.7%
2021	$3,043 +1.1%	$103,000
2020	$3,009 +10.4%	$103,000 +8.4%
2019	$2,726 +5.7%	$95,000
2018	$2,578 -16.3%	$95,000
2017	$3,081 -0.1%	$95,000 -4%
2016	$3,085	$99,000
2015	$3,085	$99,000
2014	$3,085	$99,000 -5.7%
2013	$3,085 -3.1%	$105,000 -5.4%
2012	$3,183 +1.1%	$111,000 -9.8%
2011	$3,147 -1.3%	$123,000 -7.5%
2010	$3,189 +0.2%	$133,000 -4.3%
2009	$3,184 -2.8%	$139,000
2008	$3,276 +7.6%	$139,000
2007	$3,045 +2.7%	$139,000 +3.7%
2006	$2,965 +5.1%	$134,000 +8.9%
2005	$2,823 +3.1%	$123,000 +8.8%
2004	$2,739 +4.8%	$113,000 +8.7%
2003	$2,613 +10.5%	$104,000 +6.1%
2002	$2,364 -5.9%	$98,000 +5.4%
2001	$2,511 +7.3%	$93,000 +4.5%
2000	$2,341	$89,000