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Price cut: $10K (5/31)

$239,900

1222 Buchanan STREET, Racine, WI 53402

5beds

--sqft

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Multi Family, Duplex

Built in 1890

-- sqft lot

$229,700 Zestimate^®

$--/sqft

$-- HOA

What's special

Newer siding

Strong cash-flow opportunity in the heart of Racine! This low-maintenance duplex is the turnkey investment property investors are looking for. The lower unit features 3 bedrooms and includes newer furnace and A/C, while the upper unit offers 2 bedrooms with solid rental appeal. Tenants pay all utilities, helping maximize your returns. Major updates including newer siding and roof mean the heavy lifting has already been done. Washer and dryer hookups in the upper unit and basement. Whether you're adding to your portfolio or looking for a hassle-free income producer, this property checks the boxes with strong rental potential and reduced maintenance concerns. Just collect the rents and let your investment work for you!

29 days

416

20

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Features

Basement: Brick,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: 3,920 Square Feet

Details

Parcel number: 01945000
Zoning: B2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Duplex

Materials

Vinyl Siding

Condition

21+ Years
New construction: No
Year built: 1890

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: $103,300
Annual tax amount: $2,925
Date on market: 5/14/2026
Inclusions: 2 Oven/Ranges, 2 Refrigerators
Exclusions: Tenant's And Seller's Personal Property

Estimated market value

$229,700

$218,000 - $241,000

$1,416/mo

Price history

Date	Event	Price
5/31/2026	Price change	$239,900-4%
Source: WIREX MLS #1962543 Report a problem
5/14/2026	Listed for sale	$249,900+47%
Source: WIREX MLS #1962543 Report a problem
8/17/2021	Sold	$170,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,639 +5%	$103,300 +9.9%
2023	$2,514 +10.9%	$94,000 +10.6%
2022	$2,266 -1.8%	$85,000 +10.4%
2021	$2,309 +2.6%	$77,000
2020	$2,250 +4.8%	$77,000 +4.1%
2019	$2,147 +2.6%	$74,000 +10.4%
2018	$2,093 -2.2%	$67,000
2017	$2,140 +2.6%	$67,000 +6.3%
2016	$2,087	$63,000
2015	$2,087	$63,000
2014	$2,087	$63,000 -6%
2013	$2,087 -4.9%	$67,000 -8.2%
2012	$2,193 +4.1%	$73,000 -7.6%
2011	$2,107 +1.8%	$79,000 -4.8%
2010	$2,070 +1.4%	$83,000 -3.5%
2009	$2,042 +3.9%	$86,000
2008	$1,966 -0.2%	$86,000
2007	$1,970 +4.4%	$86,000 +4.9%
2006	$1,887 +5.9%	$82,000 +9.3%
2005	$1,782 +8.7%	$75,000 +15.4%
2004	$1,640 +7.6%	$65,000 +6.6%
2003	$1,524 +8.1%	$61,000 +7%
2002	$1,409 -1.1%	$57,000 +5.6%
2001	$1,424 +1.7%	$54,000 +3.8%
2000	$1,401	$52,000

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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