1218 & 1222 Lake Shore Dr W, Ashland, WI
$400,000
8
Beds
4,200
Square feet
0.34
Acres
About 1218 & 1222 Lake Shore Dr W
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.
Features of 1218 & 1222 Lake Shore Dr W
| MLS® # | 6124347 |
|---|---|
| Price | $400,000 |
| Bedrooms | 8 |
| Bathrooms | 0.00 |
| Square Footage | 4,200 |
| Acres | 0.34 |
| Year Built | 1950 |
| Type | Single Family |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1218 & 1222 Lake Shore Dr W |
|---|---|
| City | Ashland |
| County | Ashland County |
| State | WI |
| Zip Code | 54806 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Natural Gas |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
| Basement | Partial |
Exterior
| Construction | Vinyl |
|---|
School Information
| District | Ashland (WI) #170 |
|---|
Additional Information
| Date Listed | April 6th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $3,653 |
| Tax Year | 2024 |
| Office | Porter Realty LLC |
Listing Details
| Office | Porter Realty LLC |
|---|