813 S Shea Ave Milwaukee, WI 53215
Silver City NeighborhoodEstimated payment $2,260/month
Highlights
- 0.16 Acre Lot
- Golda Meir School Rated A-
- Property is near public transit
About This Home
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.
Property Details
Home Type
- Multi-Family
Home Design
- Aluminum Siding
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Laundry in Basement
Schools
- Alba Elementary School
Additional Features
- 6,970 Sq Ft Lot
- Property is near public transit
Listing and Financial Details
- Exclusions: Seller and Tenant's personal items/ property
- The owner pays for sewer, water, heat
- Assessor Parcel Number 4350035000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $6,056 | $567,550 | $333,100 | $234,450 |
| 2025 | $5,951 | $556,422 | $326,569 | $229,853 |
| 2024 | $5,842 | $545,513 | $320,166 | $225,347 |
| 2023 | $5,842 | $534,818 | $313,889 | $220,929 |
| 2022 | $5,475 | $524,333 | $307,735 | $216,598 |
| 2021 | $5,386 | $514,052 | $301,701 | $212,351 |
| 2020 | $5,330 | $508,782 | $298,608 | $210,174 |
| 2019 | $5,273 | $498,806 | $292,753 | $206,053 |
| 2018 | $5,169 | $489,026 | $287,013 | $202,013 |
| 2017 | $5,066 | $479,438 | $281,386 | $198,052 |
| 2016 | $4,965 | $470,038 | $275,869 | $194,169 |
| 2015 | $4,888 | $462,979 | $271,726 | $191,253 |
| 2014 | $4,487 | $453,911 | $266,404 | $187,507 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/08/2026 07/08/26 | For Sale | $320,000 | 0.0% | -- |
| 06/10/2026 06/10/26 | Pending | -- | -- | -- |
| 04/14/2026 04/14/26 | Price Changed | $320,000 | +8.5% | -- |
| 04/10/2026 04/10/26 | For Sale | $295,000 | -- | -- |
Source: Metro MLS
MLS Number: 1957312
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.
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