813 S Shea Ave

Milwaukee, WI 53215

$320,000
Price
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Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.
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Front of House
Front of House
Living Area
Living Area
Living Area
Kitchen
Kitchen
Bedroom
Bathroom
Living Area
Living Area
Kitchen
Bedroom
Bathroom
Living Area
Living Area
Kitchen
Bedroom
Bathroom
Laundy Area
Kitchen
Kitchen
Bedroom
Bedroom
Bathroom
Laundy Area
Basement
Basement
Garage
Back of the House

Description

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...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.
  1. Listed by Luis Castillo • Brokerage DRE #938526-91 • reThought Real Estate
    P: (414)-779-5170 lc@rethought-realestate.com

Amenities

  • Basement
  • Full Basement
  • Garage
  • Hardwood Floors
  • Laundry
  • Laundry Area
LISTING UPDATED: 04/14/2026 09:44 AM

Property Details for 813 South Shea Avenue

StatusActive
MLS #1957312
Days on Market37
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1918
Lot Size0.16 AC / 6,969 SF
CountyMilwaukee County
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Location

Listing Courtesy of reThought Real Estate
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Building Information for 813 South Shea Avenue

Stories-Residences-Year Built1918Building Size-Lot Size0.16 AC / 6,969 SF

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$1,611 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,611

Property Taxes

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HOA Dues

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Property Information for 813 South Shea Avenue

Summary
Location and General Information
  • 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
  • Latitude: 43.022462
  • Longitude: -87.955807
  • Map Coordinate: 7N 21E
  • Postal Code: 53215
  • Postal Code Plus4: 1125
  • Zoning Description: RT4
Parking
  • Attached Garage: No
  • Parking Features: Near Public Transit, Indoor Space
Taxes and HOA
  • Parcel Number: 4350035000
School Information
  • Elementary School: ALBA
  • High School District: Milwaukee
Property
Lot Information
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Square Feet: 6969.6
  • Lot Size Units: Acres
Property and Assessments
  • Exclusions: Seller and Tenant's personal items/ property
  • Inclusions: (2) Stoven/Oven, (2) Refrigerators, Home Warranty
  • Year Built: 1918
Utilites
  • Sewer: Municipal Sewer
Interior and Exterior Features
Interior Features
  • Basement: Laundry Facilities, Block, Full
  • Basement: Yes
  • Bathrooms Total Integer: 0
  • Construction Materials: Aluminum Siding, Wood
Multi Family
Income & Expenses
  • Gross Scheduled Income: $39,000
  • Net Operating Income: $0
  • Operating Expense: $.00
Rental
Rent Information
  • Tenant Pays: Electricity

Property History for 813 South Shea Avenue

DateEvent & SourcePriceAppreciation
Apr 14, 2026

Price Change

MetroMLS #1957312

$320,000—
Apr 10, 2026

Listed (Active)

MetroMLS #1957312

$295,000—
DateEvent & SourcePrice
04/14/2026

Price Change

MetroMLS #1957312

$320,000
04/10/2026

Listed (Active)

MetroMLS #1957312

$295,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 813 South Shea Avenue

This home is within Milwaukee School District.
Rating
School
Type
Grades
Distance
Doerfler School
Public - PK to 8
Carmen High School of Science and Technology Southeast Campus
Charter - 9 to 12
Carmen Middle School of Science and Technology South Campus
Charter - 6 to 8
Carmen High School of Science and Technology, South Campus
Charter - 9 to 12
Rating
School
Distance
Doerfler School
PublicPK to 8

Carmen High School of Science and Technology Southeast Campus
Charter9 to 12

Carmen Middle School of Science and Technology South Campus
Charter6 to 8

Carmen High School of Science and Technology, South Campus
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 813 South Shea Avenue, Milwaukee, WI 53215

813 South Shea Avenue is a multi-family home for sale in Milwaukee, WI 53215. This property was listed for sale on April 10, 2026 by reThought Real Estate, it's currently listed at $320,000. This listing's school district is Milwaukee School District. Nearby schools include Doerfler School, Carmen High School of Science and Technology Southeast Campus and Carmen Middle School of Science and Technology South Campus. 813 South Shea Avenue is a 0-bed, 0-bath, multi-family home built in 1918.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of reThought Real Estate

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 04/14/2026 09:44 AM Listing presented by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. Compass · Tel: 212-913-9058 · New York, NY Information is supplied by seller and other third parties and has not been verified. Copyright 2026 – WiREx. – All Rights Reserved