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1218 & 1222 Lake Shore Dr W, Ashland, WI 54806

Ashland
Local realty services provided by:CENTURY 21 Atwood
1218 & 1222 Lake Shore Dr W,Ashland, WI 54806
$400,000
  • 8 Beds
  • 5 Baths
  • 4,200 sq. ft.
  • Multi-family
  • Active
Listed by: kevin porter
Office: porter realty llc.
MLS#:6124347
Source:MN_DAAR

Price summary

  • Price:$400,000
  • Price per sq. ft.:$95.24

About this home

1222 & 1218 Lakeshore Drive – Two Income-Producing Homes with Exceptional Potential Two well-performing rental properties are offered together for an unbeatable value. The eastern property (1218 Lakeshore Drive) is a freestanding 4-bedroom home with a solid basement and foundation, currently rented for $1,100/month with a consistent rental history. The western property (1222 Lakeshore Drive) has been converted into a triplex, also showing strong, steady income and long-term tenancy. Both properties are professionally managed, and detailed income statements are available upon request. Combined, these four rental units currently generate over $3,800.00 per month in income. With multiple curb cuts and a prime corner location at Beaser Avenue and Lakeshore Drive, this site also holds excellent future commercial potential. Enjoy great lake views, a proven income stream, and a property that pays for itself while offering strong appreciation potential. This is the opportunity for the...

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Home facts

  • Year built:1950
  • Listing ID #:6124347
  • Added:141 day(s) ago
  • Updated:August 25, 2026 at 03:57 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:5
  • Basement:Yes
  • Basement Description:Partial
  • Living area:4,200 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1950
  • Building area:4,200 sq. ft.
  • Lot area:0.34 Acres
  • Construction Materials:Vinyl
  • Foundation Description:Poured Concrete

Utilities

  • Water:City

Finances and disclosures

  • Price:$400,000
  • Price per sq. ft.:$95.24
  • Tax amount:$3,653 (2024)
2026, Lake Superior Area REALTORS, Inc. MN_DAAR Member Broker: Kevin Sharkey

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