813 S Shea AVENUE, Milwaukee, WI 53215

Milwaukee
Local realty services provided by:Better Homes and Gardens Real Estate Special Properties
Listed by: luis castillo
Office: rethought real estate
MLS#:1957312
Source:Metro MLS
813 S Shea AVENUE,Milwaukee, WI 53215
$320,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

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:119 day(s) ago
  • Updated:August 07, 2026 at 04:37 PM

Rooms and interior

  • Basement Description:Full, Laundry Facilities

Heating and cooling

  • Heating:Hot Water/Steam, Natural Gas

Structure and exterior

  • Year built:1918
  • Lot area:0.16 Acres
  • Construction Materials:Aluminum, Aluminum/Steel, Wood
  • Foundation Description:Block

Schools

  • Elementary school:Alba

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$320,000
  • Tax amount:$4,394 (2025)

Features and amenities

  • Appliances:Seller Owned: Washer
  • Laundry features:Seller Owned: Dryer

Parking

  • Parking description:Garage - Indoor Space, Inside Parking, Outside
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