813 S Shea Ave, Milwaukee, WI 53215
Local realty services provided by:CENTURY 21 Affiliated
813 S Shea Ave,Milwaukee, WI 53215
$320,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: luis castillo
Office: rethought real estate
MLS#:1957312
Source:WI_METROMLS
Price summary
- Price:$320,000
About this home
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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Home facts
- Year built:1918
- Listing ID #:1957312
- Added:14 day(s) ago
- Updated:April 25, 2026 at 02:50 PM
Rooms and interior
- Basement Description:Block, Full, Laundry Facilities
Structure and exterior
- Year built:1918
- Lot area:0.16 Acres
- Construction Materials:Wood
Schools
- Elementary school:ALBA
Utilities
- Sewer:Municipal Sewer
Finances and disclosures
- Price:$320,000
Parking
- Parking description:Indoor Space, Near Public Transit
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