$320,000
MLS #: 1957312

Description of 813 S Shea Ave, Milwaukee, WI 53215

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.

Property Features of 813 S Shea Ave, Milwaukee, WI 53215

Listing courtesy of: reThought Real Estate
TYPE
Multi Family
Year Built
1918
Acres
.16
Features
Elementary school: ALBA
Aluminum siding
Wood exterior
Lot acreage is: 0.16
Lot sqft: 6969.6
Lot zoned: RT4
Full basement
Public sewer
Public water
For sale

Homes for Sale Nearby 813 S Shea Ave, Milwaukee, WI 53215

Recent Sales Nearby 813 S Shea Ave, Milwaukee, WI 53215


MetroMLS
Information is supplied by seller and other third parties and has not been verified. The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by MetroMLS and is protected by all applicable Copyright © 2026 laws. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Information being provided is 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. Copyright © 2026 MetroMLS. All Rights Reserved.