813 S Shea AVENUE, Milwaukee, WI 53215
813 S Shea AVENUE, Milwaukee, WI 53215
813 S Shea AVENUE, Milwaukee, WI 53215
813 S Shea AVENUE, Milwaukee, WI 53215
813 S Shea AVENUE, Milwaukee, WI 53215
813 S Shea AVENUE, Milwaukee, WI 53215
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Kimberly Roering

Kimberly Roering

+1(414) 759-6356
Listed by reThought Real Estate
$ 320,000
Est. payment | /mo

6,969 Sqft Lot

Save
$ 320,000
Est. payment | /mo
Save

6,969 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality MILWAUKEE

MLS Listing ID 1957312

Year Built 1918

Annual Tax Amount $4,394

Tax Year 2025

Lot Size 6,969 Sqft

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

Rooms

Basement Block, Full, Laundry Facilities

Interior

Heating Natural Gas

Cooling Hot Water/Steam

Inclusions (2) Stoven/Oven, (2) Refrigerators, Home Warranty

Equipment Seller Owned: Dryer, Seller Owned: Washer

Appliance Seller Owned: Dryer, Seller Owned: Washer

Exterior

Parking Features Indoor Space

Building

Dwelling Type Duplex +

Story 1 - 2

Sewer Municipal Sewer, Municipal Water

Structure Type Aluminum/Steel,Aluminum,Wood

New Construction N

Schools

Elementary Schools Alba

School District Milwaukee

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Kimberly Roering

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(414) 759-6356

kimberly@novarealestategroup.net

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813 S Shea AVENUE