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!
Pending
Price cut: $5K (7/3)
$234,900
1222 Buchanan STREET, Racine, WI 53402
5beds
--sqft
:
Get pre-qualified$1,646/mo
Multi Family, Duplex
Built in 1890
-- sqft lot
$224,200 Zestimate®
$--/sqft
$-- HOA
What's special
Newer siding
- 76 days |
- 123 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Bradley Buntrock 262-344-1147,
Coldwell Banker Realty
Source: WIREX MLS,MLS#: 1962543
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & 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: $114,600
- 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
$224,200
$213,000 - $235,000
$1,292/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Pending sale | $234,900 |
Source:  WIREX MLS #1962543 Report a problem | ||
| 7/3/2026 | Price change | $234,900-2.1% |
Source: WIREX MLS #1962543 Report a problem | ||
| 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 |
|---|---|---|
| 2025 | $2,925 +10.9% | $114,600 +10.9% |
| 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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Douglas Avenue
Nearby schools
GreatSchools rating
- NAJanes Elementary SchoolGrades: PK-5Distance: 0.2 mi
- NAGilmore Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Horlick High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Janes
- Middle: Gilmore
- High: Horlick
- 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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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