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About This Home
This 0-bedroom, 0-bathroom residential multi family at 813 S Shea Ave in Milwaukee, WI is listed for $295,000. Built in 1918, on a 0.16 acres lot.
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.
Key Features
- Built in 1918
- 0.16 acre lot
Property Details
Monthly Cost Estimate
$1,578/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
813 S Shea Ave
Milwaukee, WI 53215
Property Details
Construction
Heating
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 813 S Shea Ave is listed at $295,000. The estimated monthly payment is $1,278 based on 20% down at 6.5% interest.
Key features include: Built in 1918, 0.16 acre lot.
This property is listed by Luis Castillo and can be reached at 4147795170 or lc@rethought-realestate.com.
