813 S Shea Ave, Milwaukee, WI 53215 (MLS # 1957312)

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PRICE $320,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 6,970 sqft

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.

LAST UPDATED 4/14/2026 YEAR BUILT 1918
COUNTY Milwaukee STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School ALBA

PRICE HISTORY
Prior to Apr 14, '26 $295,000
Apr 14, '26 - Today $320,000


ADDITIONAL DETAILS
BASEMENT Block, Full, Yes
CONSTRUCTION Aluminum Siding, Wood Siding
LOT 6970 sq ft
LOT DIMENSIONS 0.16
SEWER Public Sewer
WATER Public
ZONING RT4
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only
Listed with reThought Real Estate
Metro Wisconsin

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This IDX solution is (c) Diverse Solutions 2026.


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