1220 N Wisconsin STREET, Racine, WI, 53402
About This Home
GREAT INCOME PRODUCER! This well-maintained 4-family property includes a mix of units: one spacious 2-bedroom, one 1-bedroom, one large efficiency, and one smaller efficiency--ideal for maximizing rental income. Recent updates throughout include modern flooring, refreshed kitchens and bathrooms, and updated fixtures, offering turnkey appeal for both tenants and investors. Located within walking distance to Lake Michigan, the Root River, vibrant Downtown Racine, and public transportation, this property combines convenience, steady cash flow, and long-term value. A smart addition to any portfolio!
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1887
Materials
- Construction materials: Aluminum/Steel,Aluminum Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Apartment,Duplex
Interior
Basement
- Has basement: Yes
- Basement: Full,Walk-Out Access
Heating
- Heating features: Natural Gas,Forced Air
Property
Details
- Parcel number: 02405000
- Zoning: R3 Limited
- Exclusions: Sellers & Tenants Personal Property
Lot
- Lot size: 5,662 sqft
- Lot size dimensions: 4 Family Income Property
Parking
- Parking features: Outdoor Space,Inside Parking,Outside
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Tornado
- Hail
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,516 | $18,192 |
| Home Insurance * | $124 | $1,488 |
| Property Taxes | $360 | $4,320 |
| Electricity | $171 | $2,054 |
| Total | $2,171 | $26,052 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-11 | Listed for sale | $285,000 |
| 2026-03-03 | Contingent | $285,000 |
| 2026-02-02 | Price change | $285,000 |
| 2025-09-27 | Listed for sale | $295,000 |
| 2025-08-24 | Contingent | $295,000 |
| 2025-07-30 | Price change | $295,000 |
| 2025-06-19 | Price change | $300,000 |
| 2025-06-05 | Price change | $305,000 |
| 2025-05-27 | Listed for sale | $315,000 |
| 2025-05-17 | Contingent | $315,000 |
| 2025-05-13 | Price change | $315,000 |
| 2025-05-05 | Listed for sale | $325,000 |
| 2017-03-14 | Listing removed | $70,000 |
| 2017-02-01 | Price change | $70,000 |
| 2017-01-29 | Listed for sale | $65,000 |
For Sale by Agent
View on Zillow