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$295,000 Just Listed
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Property 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 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.
Full Property Details
Full Property Details for 813 S Shea Ave
General
- Price: $295,000
- Taxes: $4,394 (2025)
- Status: Active
- Type: Duplex
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1957312
- Updated: 4/10/2026
- Added to Site: Today
Parking
- Covered Spaces: 4
- Parking Features: Indoor Space, Near Public Transit
Location
- County: Milwaukee
- Driving 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
School Information
- School District: Milwaukee
- Elementary School: ALBA
Heating & Cooling
- Heating/Cooling: Hot Water/Steam, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Duplex +
- Exterior Const.: Aluminum Siding, Wood
- Basement Desc.: Block, Full, Laundry Facilities
- Stories Description: 1 to 2 Stories
- Year Built: 1918
Unit Information
Unit 1
- Number of Units: 1
- Unit Description: 1 Bath, 1 Bedroom, Dining Room, Living Room
- Square Feet: 750 or Les
Unit 2
- Number of Units: 1
- Unit Description: 1 Bath, 1 Bedroom, Dining Room, Living Room
- Square Feet: 750 or Les
Unit 3
- Number of Units: 1
- Unit Description: 1 Bath, 1 Bedroom, Eat-In Kitchen, Living Room
- Square Feet: 750 or Les
Unit 4
- Number of Units: 1
- Unit Description: 1 Bath, 1 Bedroom, Living Room
- Square Feet: 750 or Les
Lot Features
- Lot Size (Acres): 0.16
- Zoning: RT4
Financial Considerations
- Tax Amount: $4,394.23
- Tax Year: 2025
Listed by reThought Real Estate
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Schools
Schools serving 813 S Shea Ave
School District:Milwaukee School District
| Name | Grades | Distance |
|---|---|---|
Doerfler School 3014 West Scott Street, Milwaukee, WI 53215 | PK-8 | 0.3 mi |
Milwaukee Academy of Chinese Language 2430 West Wisconsin Avenue, Milwaukee, WI 53233 | PK-8 | 1.3 mi |
Hayes Bilingual School 971 West Windlake Avenue, Milwaukee, WI 53204 | PK-7 | 1.9 mi |
Roosevelt Middle School of the Arts 800 West Walnut Street, Milwaukee, WI 53205 | 6-8 | 2.8 mi |
Lincoln Center of the Arts 820 East Knapp Street, Milwaukee, WI 53202 | 6-8 | 3.3 mi |
Rufus King International Middle School 121 East Hadley Street, Milwaukee, WI 53212 | 6-8 | 3.9 mi |
South Division High School 1515 West Lapham Boulevard, Milwaukee, WI 53204 | 9-12 | 1.4 mi |
Milwaukee High School of the Arts 2300 West Highland Avenue, Milwaukee, WI 53233 | 9-12 | 1.7 mi |
Bradley Technology & Trade High School 700 South 4th Street, Milwaukee, WI 53204 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 813 S Shea Ave
Date
Details
Price
Change
Source
4/10/2026
Listed
$295,000
34.09%
MLS
8/21/2024
Sold
$220,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 813 S Shea Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,579
-48%
$151,200
10%
2023
$6,881
110%
$137,300
—
2022
$3,269
-50%
$137,300
14%
2021
$6,517
96%
$120,800
12%
2019
$3,331
19%
$108,000
—
2018
$2,793
-49%
$108,000
—
2017
$5,528
89%
$108,000
6%
2016
$2,921
-14%
$102,100
-10%
2014
$3,384
-2%
$113,400
—
2013
$3,459
2%
$113,400
-13%
2012
$3,381
—
$130,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 813 S Shea Ave
813 S Shea Ave, Milwaukee, WI 53215 (MLS# 1957312) is a Duplex property with 0 bedrooms and 0 full bathrooms. 813 S Shea Ave is currently listed for $295,000 and was received on April 10, 2026. Want to learn more about 813 S Shea Ave? Do you have questions about finding other Duplex real estate for sale in Milwaukee? You can browse all Milwaukee real estate or contact a Coldwell Banker agent to request more information.

