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813 S Shea AVENUE, Milwaukee, WI, 53215

--beds
--baths
--sqft
$320,000
--price/sqft
$2,582/moest. monthly cost
$103,280/yrincome needed

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.

Getting Around

67
WalkingSomewhat Walkable
48
TransitSome Transit
66
BikeBikeable

Schools

4/10
Doerfler SchoolGrades PK-80.3 mi
3/10

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1918

Materials

  • Construction materials: Aluminum/Steel,Aluminum Siding,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Duplex

Interior

Appliances

  • Appliances included: Dryer,Washer

Basement

  • Has basement: Yes
  • Basement: Block,Full,Laundry Facilities

Heating

  • Heating features: Natural Gas,Hot Water/Steam

Property

Details

  • Parcel number: 4350035000
  • Zoning: RT4
  • Exclusions: Seller And Tenant's Personal Items/ Property

Lot

  • Lot size: 6,969 sqft

Parking

  • Parking features: Indoor Space,Inside Parking,Outside
  • Has garage: Yes