For Sale
Multi family home for sale at 1218 & 1222 Lake Shore Dr W, Ashland, WI 54806 | MLS# 6128262 | Listing updated on 2026-10-01
Photo 1 of Multi family home for sale at 1218 & 1222 Lake Shore Dr W, Ashland, WI 54806 | MLS# 6128262 | Listing updated on 2026-10-01
Photo 2 of Multi family home for sale at 1218 & 1222 Lake Shore Dr W, Ashland, WI 54806 | MLS# 6128262 | Listing updated on 2026-10-01
Photo 3 of Multi family home for sale at 1218 & 1222 Lake Shore Dr W, Ashland, WI 54806 | MLS# 6128262 | Listing updated on 2026-10-01
Photo 4 of Multi family home for sale at 1218 & 1222 Lake Shore Dr W, Ashland, WI 54806 | MLS# 6128262 | Listing updated on 2026-10-01
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Street View

$450,000

Monthly Est:$2,240

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

1218 & 1222 Lake Shore Dr W, Ashland, WI 54806

$2,240/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1950

  • $-- HOA

  • 14,810.4 sqft lot

  • --/sqft

Description

1222 & 1218 Lakeshore Drive ? Two Income-Producing Homes with Exceptional Potential Two well-performing rental properties are offered together for an unbeatable value. The eastern property (1218 Lakeshore Drive) is a freestanding 4-bedroom home with a solid basement and foundation, currently rented for $1,100/month with a consistent rental history. The western property (1222 Lakeshore Drive) has been converted into a triplex, also showing strong, steady income and long-term tenancy. Both properties are professionally managed, and detailed income statements are available upon request. Combined, these four rental units currently generate over $3,800.00 per month in income. With multiple curb cuts and a prime corner location at Beaser Avenue and Lakeshore Drive, this site also holds excellent future commercial potential. Enjoy great lake views, a proven income stream, and a property that pays for itself while offering strong appreciation potential. This is the opportunity for the intelligent investor?secure income now and position yourself for long-term growth.

  • Houzeo last checked: 4 hours ago
  • Listing updated: October 1, 2026 at 11:06 am
  • Listing Provided by: Kevin Porter (715) 256-7077 | Porter Realty LLC (715) 256-7077
  • Source: WIREX | MLS#: 6128262 WIREX
  • Originating MLS: Southshore Area Association of REALTORS®

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Ashland County

  • City

    Ashland

  • Neighborhood

    --

  • Year Built

    1950

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    14,810.4 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    WIREX

  • MLS Number

    6128262

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Price History

DateEventPrice

10/01/2026

Source: mls_logoWIREX #6128262

Price Increased

$450,000 +12.50%

$0/sqft

04/06/2026

Source: mls_logoWIREX #6124347

Listed for Sale

$400,000 +53.85%

$0/sqft

10/06/2025

Source: mls_logoWIREX #6122309

Off Market

$260,000

$0/sqft

Nearby Homes

Based on information received from WIRES/RANW MLS through Oct 29, 2026, 02:15PM. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Houzeo nor RANW MLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. ©2026 RANW MLS, Inc. All rights reserved.

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