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2 Beds
1 Bath
1,200 sqft

$450,000

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

Price per sqft$375.00
Built in1950
Property size1,200 sqft
Property typeMulti-family
Courtesy of Porter Realty LLC, Kevin Porter

Overview

Active

Listed Oct 1, 2026

Updated 2 weeks ago

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.

$2,994/mo

Est. mortgage payment based on a $450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
6128262

Interior Features

Bedrooms
2
Bathrooms
1
Basement
No

Exterior Features

Lot Size
0.34 Acres

Other Property Details

55+/Senior Community
No

Courtesy of Porter Realty LLC, Kevin Porter

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is supplied by the seller and other third parties and has not been verified. IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 

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Data last updated 3:56 AM UTC, 10/2/2026

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