813 S Shea Ave, Milwaukee, WI 53215
- $320,000
Listing courtesy of reThought Real Estate.
- List Price
- $320,000
- MLS#
- 1957312
- Status
- ACTIVE
- Year Built
- 1918
- County
- Milwaukee
- Municipality
- Milwaukee
- Acres
- 0.16
Property Description
Solid 4-unit investment opportunity on Milwaukee's South Side! Fully rented with three units leased at $850 per month and one unit at $700, generating $3,250 in monthly gross income and $39,000 annually. This income-producing property offers spacious units with functional layouts, large living areas, hardwood floors in select rooms, painted interiors in select spaces, and a full basement with storage and laundry area. Detached 4-car garage structure adds additional value and future potential. While the property could benefit from cosmetic TLS and continued improvements, it offers as strong rental setup for investors seeking immediate income with upside through future updates and rent growth. Conveniently located near shopping, schools, parks, public transportation, and everyday amenities.
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Additional Information
- Basement
- Laundry Facilities, Block, Full
- Exterior
- Aluminum Siding, Wood
- Garage Description
- Near Public Transit, Indoor Space
- School District
- Milwaukee
- Elementary School
- ALBA
- Courtesy Of
- reThought Real Estate
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Source of listing data: Metro MLS. Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.