615 Michigan Ave Sheboygan, WI 53081
Central Sheboygan NeighborhoodEstimated payment $11,589/month
About This Home
Immaculate 12-unit building with a lower-level office featuring a private entryperfect for property management, professional use, or added rental income. Each spacious unit offers 2 bedrooms, with 2 featuring in-unit laundry, plus convenient shared laundry facilities on every floor. Tenants appreciate underground parking, elevator access, and secure keyed entrypremium amenities that set this property apart from the competition. Professionally managed, meticulously maintained, and located in a highly desirable area near downtown, the marina, and beautiful Lake Michigan. Strong rental history, pride of ownership, and excellent condition make this a premier opportunity for the savvy investorideal for portfolio growth, a 1031 exchange, or leveraging new investment incentives. A local gem!
Property Details
Home Type
- Multi-Family
Lot Details
- 0.34 Acre Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 23,380 Sq Ft Home
- Basement Fills Entire Space Under The House
Schools
- Grant Elementary School
- Urban Middle School
- South High School
Community Details
- Operating Expense $55,610
- Net Operating Income $104,812
Listing and Financial Details
- Exclusions: Seller and Tenant's Personal Property
- Assessor Parcel Number 59281103075
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/27/2025 08/27/25 | For Sale | $1,800,000 | -- | $77 / Sq Ft |
Source: Metro MLS
MLS Number: 1932628

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