813 S Shea Ave, Milwaukee, WI 53215
813 S Shea Ave, Milwaukee, WI 53215
813 S Shea Ave, Milwaukee, WI 53215
813 S Shea Ave, Milwaukee, WI 53215
813 S Shea Ave, Milwaukee, WI 53215
813 S Shea Ave, Milwaukee, WI 53215
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Sona Olson

Sona Olson

+1(608) 770-1896
Listed by Luis Castillo reThought Real Estate
$ 320,000
Est. payment | /mo
Save
$ 320,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1957312

Year Built 1918

Acres 0.16

Property Sub-Type Multi-Family

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

Direction Take W National Ave to S Shea Ave (located just north of W 35th St) and head south for about half a block to find the destination on your right

Rooms

Basement Laundry Facilities, Block, Full

Interior

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

Exterior

Parking Features Near Public Transit, Indoor Space

Exclusions Seller and Tenant's personal items/ property

Building

Sewer Municipal Sewer

Water Municipal Water

Structure Type Aluminum Siding,Wood

Schools

Elementary Schools Alba

School District Milwaukee

Others

Tax ID 4350035000

Metro MLS IDX (Broker Only)
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Nearby School & Business

Sona Olson

+1(608) 770-1896

sona@therec.net

2005 W Beltline Hwy, Suite 103, Madison

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