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813 S Shea, Milwaukee, Wisconsin 53215

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Milwaukee Multi-Family



List Price: $320,000
Property Type: Multi-Family
MLS Number: 1957312
County: Milwaukee


Taxes: $0.00
Tax Year: 0

Basement: Laundry Facilities,Block,Full
Construction Materials: Aluminum Siding,Wood

Inclusions: (2) Stoven/Oven, (2) Refrigerators, Home Warranty
Tenant Pays: Electricity

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.

Directions: 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

Listing Courtesy of: reThought Real Estate


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