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.
Active
Price cut: $10K (6/2)
$249,900
2818 Gilson STREET, Racine, WI 53403
3beds
--sqft
Multi Family, Duplex
Built in 1926
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Functional layoutsSpacious unitsClassic charmCoved ceilingsNatural woodworkMaintenance-free exteriorHardwood floors
- 50 days |
- 396 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
John Crimmings 262-939-1414,
First Weber Inc- Racine
Source: WIREX MLS,MLS#: 1959238
Originating MLS: Metro MLS
Originating MLS: Metro MLSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Basement: Block,Full
- Has fireplace: No
Interior area
- Living area range: Not Available Square Feet
Property
Parking
- Total spaces: 2
- Parking features: Detached, 2 Car
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 14783000
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Aluminum/Steel, Aluminum Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1926
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: $198,600
- Annual tax amount: $5,150
- Date on market: 4/23/2026
- Inclusions: Stove And Refrigerators In Each Unit.
- Exclusions: Washers And Dryers In Basement And Personal Property Of Tenants.
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Price change | $249,900-3.8% |
Source:  WIREX MLS #1959238 Report a problem | ||
| 4/23/2026 | Listed for sale | $259,900 |
Source: WIREX MLS #1959238 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,887 +5.6% | $198,600 +10.9% |
| 2023 | $4,627 +9.6% | $179,000 +9.8% |
| 2022 | $4,220 -2.2% | $163,000 +10.1% |
| 2021 | $4,314 -0.2% | $148,000 |
| 2020 | $4,324 +11.4% | $148,000 +8% |
| 2019 | $3,882 +7.5% | $137,000 +18.1% |
| 2018 | $3,610 +0.5% | $116,000 |
| 2017 | $3,592 -1.1% | $116,000 |
| 2016 | $3,630 | $116,000 |
| 2015 | $3,630 | $116,000 |
| 2014 | $3,630 | $116,000 -3.3% |
| 2013 | $3,630 -7.8% | $120,000 -7% |
| 2012 | $3,936 +5.3% | $129,000 -9.8% |
| 2011 | $3,737 0% | $143,000 -6.5% |
| 2010 | $3,739 +1% | $153,000 -3.8% |
| 2009 | $3,703 +4.1% | $159,000 |
| 2008 | $3,558 +0.4% | $159,000 |
| 2007 | $3,544 +2.9% | $159,000 +4.6% |
| 2006 | $3,445 +4.4% | $152,000 +7.8% |
| 2005 | $3,300 +1.5% | $141,000 +7.6% |
| 2004 | $3,252 +9.4% | $131,000 +10.1% |
| 2003 | $2,973 +9.3% | $119,000 +8.2% |
| 2002 | $2,720 +0.1% | $110,000 +6.8% |
| 2001 | $2,717 +2.9% | $103,000 +5.1% |
| 2000 | $2,641 | $98,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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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Climate risks
Neighborhood: 53403
Nearby schools
GreatSchools rating
- 1/10Mitchell Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 5/10Park High SchoolGrades: 7-12Distance: 1.2 mi
Schools provided by the listing agent
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Wisconsin
- Racine County
- Racine
- 53403
- 2818 Gilson STREET
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