30
See all 30 photos
Listed by Luis Castillo reThought Real Estate
$320,000
Est. payment /mo
Active
813 S Shea Ave Milwaukee, WI 53215
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1957312
Acres 0.16
Property Sub-Type Multi-Family
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.
Location
State WI
County Milwaukee
Zoning RT4
Direction Take W National Ave to S Shea Ave (located just north of W 35th St) and head south for about half a block to find the destination on your right
Rooms
Basement Laundry Facilities, Block, Full
Interior
Inclusions (2) Stoven/Oven, (2) Refrigerators, Home Warranty
Exterior
Parking Features Near Public Transit, Indoor Space
Exclusions Seller and Tenant's personal items/ property
Building
Sewer Municipal Sewer
Water Municipal Water
Structure Type Aluminum Siding,Wood
Schools
Elementary Schools Alba
School District Milwaukee
Others
Tax ID 4350035000
Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION