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

OfficePorter Realty LLC

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