reThought Real Estate

813 S Shea Ave, Milwaukee, WI

$320,000

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0.16

Acres

About 813 S Shea Ave

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.

Features of 813 S Shea Ave

MLS® # 1957312
Price $320,000
Acres 0.16
Year Built 1918
Type Multi-Family
Sub-Type Multi-Family
Status Active

Community Information

Address 813 S Shea Ave
City Milwaukee
County Milwaukee
State WI
Zip Code 53215

Amenities

Parking Near Public Transit,Indoor Space
Has Pool No

Interior

Fireplace No

Exterior

Construction Aluminum Siding,Wood

School Information

District Milwaukee
Elementary ALBA

Additional Information

Date Listed April 10th, 2026
Days on Market 95
Short Sale No
RE / Bank Owned No
Data Source MetroMLS

Listing Details

OfficereThought Real Estate

Listing Map

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