Four-Unit Residential Income
813 South Shea Avenue Milwaukee, WI 53215
For Sale
$295,000
Four fully rented units with select hardwood flooring, a full basement with laundry/storage, and a detached 4-car garage.
Property Size6,969 SF
Price / SF$42.33
Days on Market106
Property Features for 813 South Shea Avenue
General Information
- Standard status
- Active
- Size
- 6,969 SF
- Property subtype
- Multi-Family / Multi-Family
Building Details
- Year Built
- 1918
Listing Agency:
reThought Real Estate
(414) 779-5170
Listed By:
Luis Castillo · License #111742-94
(414) 779-5170
Source:
Compass
Added: Apr 9
Changed: Jul 23
Last Checked: Jul 23 at 9:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of reThought Real Estate
Investment Insights
Based on property information with market context.
This solid four-unit residential income property is fully rented, with three units leased at $850 per month and one unit at $700 per month for $3,250 in monthly gross income and $39,000 annually. The units feature spacious living areas and functional layouts, with hardwood floors in select rooms and painted interiors in select spaces. A full basement provides storage and a dedicated laundry area.
The property is located on Milwaukee’s South Side near shopping, schools, parks, and public transportation, along with everyday amenities.
A detached 4-car garage structure adds practical off-street parking and additional value. While the property could benefit from cosmetic TLC and continued improvements, it presents a strong rental setup for an investor looking for immediate income and potential upside through future updates and rent growth.
The property is located on Milwaukee’s South Side near shopping, schools, parks, and public transportation, along with everyday amenities.
A detached 4-car garage structure adds practical off-street parking and additional value. While the property could benefit from cosmetic TLC and continued improvements, it presents a strong rental setup for an investor looking for immediate income and potential upside through future updates and rent growth.
Key Highlights
- 4‑unit property fully rented: 3 units at $850/mo and 1 unit at $700/mo for $3,250/mo gross income
- Generates $39,000 annually in gross income
- Full basement includes laundry facilities, storage, and laundry area
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four fully rented units with select hardwood flooring, a full basement with laundry/storage, and a detached 4-car garage.
Where is this quadplex located?
The property is located at 813 South Shea Avenue Milwaukee, WI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 4‑unit property fully rented: 3 units at $850/mo and 1 unit at $700/mo for $3,250/mo gross income; Generates $39,000 annually in gross income; Full basement includes laundry facilities, storage, and laundry area
