813 S Shea Ave Milwaukee, WI 53215

Building Details

Year built

1918

Listing agent Luis Castillo License #111742-94 Show Phone

Listing office reThought Real Estate p*@rethought-realestate.com 530 S 11th St, Milwaukee, WI Show Phone

Listing date Apr 10, 2026

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MLS# 1957312 Listing URL

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Investment Insights

Based on property information with market context.

This four-unit multifamily property is being offered fully rented, with three units leased at $850 per month and one unit leased at $700 per month, for $3,250 in monthly gross income and $39,000 annually. The units are described as having spacious layouts and functional room flow, with hardwood floors in select rooms and painted interiors in select spaces. A full basement provides storage and a laundry area, supporting ongoing resident convenience and maintenance needs. On-site improvements include a detached 4-car garage structure.

Located at 813 S Shea Ave on Milwaukee’s South Side, the property is positioned for day-to-day access to shopping, schools, parks, public transportation, and other everyday amenities.

Designed for investors or operators seeking immediate rental income, this quadplex offers an established setup with four independent units and common support space in the basement. The offering notes that some cosmetic touch-ups and continued improvements could be pursued to further enhance the property. With RT4 zoning, the building provides a straightforward, income-producing residential configuration in a convenient Milwaukee location.

Key Highlights

• 4‑unit investment property built in 1918 on Milwaukee’s South Side
• Fully rented: three units at $850/month and one unit at $700/month
• Gross income of $3,250/month and $39,000/year

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FAQs

What type of property is this?

Quadplex - Four fully rented units with a full basement and detached 4-car garage in RT4 zoning.

Where is this quadplex located?

The property is located at 813 S Shea Ave Milwaukee, WI.

What is the asking price?

The asking price for this property is $320,000.

What are key features of this property?

This property features: 4‑unit investment property built in 1918 on Milwaukee’s South Side; Fully rented: three units at $850/month and one unit at $700/month; Gross income of $3,250/month and $39,000/year