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$400,000
10 Days On Site

1218 & 1222 Lake Shore Dr W
Ashland, WI 54806

For Sale|Multi Family|Active
8
Beds
5
Total Baths
4,200
SqFt
$95
/SqFt
1950
Built
County:
Ashland County
Listing courtesy of Kevin Porter of Porter Realty LLC
Call Now: 715-812-1135
Is this the listing for you? We can help make it yours.
715-812-1135
1218 & 1222 Lake Shore Dr W1218 & 1222 Lake Shore Dr W1218 & 1222 Lake Shore Dr W1218 & 1222 Lake Shore Dr W
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Mortgage Calculator

Monthly Payment (Est.)

$1,825
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$400,000
Days On Site 
10 Days
Bedrooms 
8
Inside Area (SqFt) 
4,200 sqft
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.34 Acres
Year Built 
1950
MLS® Number 
6124347
Status 
Active
Property Tax 
$3,653.4
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.34
Number Of Stories 
2
Parking 
Detached
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
3200
SqFt Below 
1000
Water Source 
Public
Interior Features
Basement 
Partial
Heating 
Natural Gas
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Community Features
MLS Area 
LSAR
School District 
Ashland (WI) #170
Schools
School District
Ashland (WI) #170
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Kevin Porter of Porter Realty LLC



Listing information is provided by Participants of the Lake Superior Area REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Open House information is subject to change without notice. Copyright 2026, Lake Superior Area REALTORS MLS.
Last checked: 2026-04-16 11:41 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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