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813 S Shea Ave
Milwaukee WI 53215 US

$320,000

Active Listing ID 1957312
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Lot: 0.16 Acres
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Other

$320,000

Active Listing ID 1957312
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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.

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Property Features

  • Facts
  • Lot Size: 0.16 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Natural Gas

School Information

  • School
  • ALBA(Elementary)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 320000
  • unparsedaddress: 813 S Shea Ave
  • postalcity: Milwaukee
  • stateorprovince: WI
  • country: US
  • postalcode: 53215
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.16
  • lotsizeunits: Acres
  • lotsizearea: 0.16
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 43.022462
  • longitude: -87.955807
  • listagentfullname: Luis Castillo
  • listagentemail: lc@rethought-realestate.com
  • listagentkey: 3yd-METROMLSWI-20240510213311400428000000
  • listagentmlsid: 20240510213311400428000000
  • listagentpreferredphone: 4147795170
  • listagentofficephone: 4147976128
  • listofficekey: 3yd-METROMLSWI-20191213170247584272000000
  • listagentstatelicense: 111742-94
  • listofficemlsid: 20191213170247584272000000
  • disclaimer: Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: METROMLSWI
  • yearbuilt: 1918
  • listingcontractdate: 2026-04-10
  • listagenturl: http://realtorluiscastillo.com
  • countyorparish: Milwaukee
  • parcelnumber: 4350035000
  • elementaryschool: ALBA
  • elementaryschooldistrict: Milwaukee
  • middleorjuniorschooldistrict: Milwaukee
  • highschooldistrict: Milwaukee
  • constructionmaterials: Aluminum Siding
  • heating: Natural Gas
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.95581, 43.02246
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"reThought Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"lc@rethought-realestate.com", "ListBrokerageCity":"Milwaukee", "ListBrokerageCountry":"US", "ListBrokerageEmail":"pr@rethought-realestate.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/METROMLSWI/9e5883513a5a11ea90010242ac110004/20200424032348114.png", "ListBrokerageName":"reThought Real Estate", "ListBrokeragePhone":"(414) 712-6275", "ListBrokeragePostalCode":"53207", "ListBrokerageStateOrProvince":"WI", "ListBrokerageUnitNumber":"Suite 111", "ListBrokerageUnparsedAddress":"2625 S Greeley St", "ListBrokerageWebsiteUrl":"https://rethought-realestate.com", "ListOfficeAddress1":"530 S 11th St, Ste 300, Milwaukee, WI 53204", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20161024135600365716000000", "ListOfficeCity":"Milwaukee", "ListOfficeCountry":"US", "ListOfficeEmail":"hello@rethought-realestate.com", "ListOfficePostalCode":"53204", "ListOfficeStateOrProvince":"WI", "ListPriceCurrencyType":"USD", "ListingTitle":"Duplex + - Milwaukee, WI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/813-S-Shea-Ave_Milwaukee_WI_53215_M91545-61137?f=listhub&s=METROMLSWI&m=1957312&c=rexren", "MLSModificationTimestamp":"2026-04-14T09:43:56Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Duplex +", "RawPropertyType":"Multi-Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4394.23, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/14/2026 4:32:06 PM GMT
Source Updated Date: 4/15/2026 12:55:26 PM GMT

Courtesy of: Luis Castillo, reThought Real Estate, lc@rethought-realestate.com

Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.