813 S Shea
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About this property
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.
Property facts
| Property type | Multi-Family |
|---|---|
| Status | Active |
| MLS # | 1957312 |
| County | Milwaukee |
| Exterior | Aluminum Siding,Wood |
| Basement | Laundry Facilities,Block,Full |
| Tenant pays | Electricity |
| Included | (2) Stoven/Oven, (2) Refrigerators, Home Warranty |
| School district | Milwaukee |
| Lot size | 0.16 acres |
Location
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. Copyright 2026 Metro MLS. All rights reserved. Information is supplied by sellers and other third parties and has not been verified. Income and expense figures are as reported by the listing broker; verify leases, rents and expenses before relying on them. IDX information is provided exclusively for consumers’ personal, non-commercial use.