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Street View
$450,000
Monthly Est:$2,240
-- Bed
- -- Bath
--sqft
1218 & 1222 Lake Shore Dr W, Ashland, WI 54806
$450,000
$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

- Originating MLS: Southshore Area Association of REALTORS®
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
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
| Date | Event | Price |
|---|---|---|
10/01/2026 Source: | Price Increased | $450,000 +12.50% $0/sqft |
04/06/2026 Source: | Listed for Sale | $400,000 +53.85% $0/sqft |
10/06/2025 Source: | Off Market | $260,000 $0/sqft |
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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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