# 813 S Shea Ave, Milwaukee, WI 53215

> **TL;DR:** residential multi family, $295,000, built 1918. Est. $1,278/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $295,000 |
| Year Built | 1918 |
| Lot Size | 6,970 sqft (0.16 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,278 |
| **Total** | **$1,278** |

## Nearby Schools

- **Elementary:** ALBA

## Property Highlights

- Built in 1918
- 0.16 acre lot

## Description

### Agent 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

- **Address:** 813 S Shea Ave, Milwaukee, WI 53215
- **County:** Milwaukee
- **Coordinates:** 43.022462, -87.955807
- **Google Maps:** https://www.google.com/maps?q=43.022462,-87.955807

## Listing Agent

- **Name:** Luis Castillo
- **Brokerage:** reThought Real Estate
- **Phone:** 4147795170
- **Email:** lc@rethought-realestate.com

## Primary Photo

![813 S Shea Ave - Primary Photo](http://lh.rdcpix.com/f11f2d57a6006191191de11eb5b28cd3l-f2078672707r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.com/listing/813-s-shea-ave-milwaukee-wi-53215-1957312)*

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**MLS#:** 1957312 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/813-s-shea-ave-milwaukee-wi-53215-1957312)

---

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