Sean McGrath

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Listing provided courtesy of First Weber Inc- RacineMetro MLS- MLS# 1959238MLS Provider

2818 Gilson StRacine, WI 53403

Multi-Family · 0.11 Acres
$249,900 Active

2818 Gilson St Overview

Time on Site:
67 days
Visits:
91

Rarely available Southside duplex opportunity! With limited 2-family inventory in this desirable area and a recent $10,000 price adjustment, this fully leased property offers compelling value for investors. The maintenance-free exterior ensures low upkeep, while the spacious units feature classic charm, including natural woodwork, coved ceilings, hardwood floors, and functional layouts. Separate utilities include gas furnaces, water heaters, and electric service for each unit. A full basement and detached 2-car garage add further appeal. With both units occupied and income-producing from day one, this is a hard-to-find Southside investment worth a closer look.

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2818 Gilson St Facts & Features

  • Type Multi-Family
  • Lot 0.11 Acres

Details

General

School Information

  • School District: Racine Unified

Building Information

  • Year Built: 1926

Location/Region

  • County Or Parish: Racine
  • Postal City: Racine

Tax Information

  • Tax Annual Amount: 5150
  • Tax Year: 2025

General Information

  • Exclusions: Washers and dryers in basement and personal property of tenants.
  • Inclusions: Stove and refrigerators in each unit.
  • Parcel Number: 14783000
  • Property Sub Type: Two Family
  • Property Type: Two-Family
  • Zoning: R3

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: Full,Block
  • Living Area Source: Public Records

Unit Information

  • Unit 1 Rooms: 2nd Bedroom Length: 11
  • Unit 1 Rooms: 2nd Bedroom Level: Main
  • Unit 1 Rooms: 2nd Bedroom Width: 10
  • Unit 1 Rooms: Dining Room Length: 13
  • Unit 1 Rooms: Dining Room Level: Main
  • Unit 1 Rooms: Dining Room Width: 11
  • Unit 1 Rooms: Kitchen Length: 11
  • Unit 1 Rooms: Kitchen Level: Main
  • Unit 1 Rooms: Kitchen Width: 11
  • Unit 1 Rooms: LivingGreat Room Length: 17
  • Unit 1 Rooms: LivingGreat Room Level: Main
  • Unit 1 Rooms: LivingGreat Room Width: 11
  • Unit 1 Rooms: Master Bedroom Length: 11
  • Unit 1 Rooms: Master Bedroom Level: Main
  • Unit 1 Rooms: Master Bedroom Width: 13
  • Unit 2 Rooms: Dining Room Length2: 13
  • Unit 2 Rooms: Dining Room Level2: Upper
  • Unit 2 Rooms: Dining Room Width2: 13
  • Unit 2 Rooms: Kitchen Length2: 7
  • Unit 2 Rooms: Kitchen Level2: Upper
  • Unit 2 Rooms: Kitchen Width2: 10
  • Unit 2 Rooms: LivingGreat Room Length2: 10
  • Unit 2 Rooms: LivingGreat Room Level2: Upper
  • Unit 2 Rooms: LivingGreat Room Width2: 18
  • Unit 2 Rooms: Master Bedroom Length2: 10
  • Unit 2 Rooms: Master Bedroom Level2: Upper
  • Unit 2 Rooms: Master Bedroom Width2: 11

Exterior

Parking Information

  • Parking Features: Paved Driveway,Driveway Entrance

Lot Information

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 4791.6
  • Lot Size Units: Acres

Building Exterior/Construction

  • Garage Type: Detached
  • Construction Materials: Aluminum Siding

General Information

  • Number Of Units Total: 2
  • Sewer: Municipal Sewer

2818 Gilson St Neighborhood

Community

53403 (RACINE) Demographics

34
Median Age
1,991
Population Density (per sq. mile)
32%
College Educated
$41,157
Estimated Median Income
4,974
Estimated Total Home Owners
5,432
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2818 Gilson St Market Data

Based on the last 30 days in this zip code

$378,021
Average List Price
$190
Average Price per Square Foot
18
Properties Sold
49
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

2818 Gilson St History

Date Event Value Agent
6/2/2026Source: Metro MLS Price Reduction
$249,900 -3.8%
John Crimmings
Listing Agent
4/23/2026Source: Metro MLS Added to Database
April 23, 2026
John Crimmings
Listing Agent