309-313 W Milwaukee Street, Janesville, WI 53548

Janesville
Local realty services provided by:ERA MyPro Realty
Listed by: max fiascone
Office: apartment cash flow, inc.
MLS#:2022089
Source:Metro MLS
309-313 W Milwaukee Street,Janesville, WI 53548
$650,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$650,000

About this home

7-unit mixed-use investment property in the heart of downtown Janesville. Four 1BD/1BA apartments and three street-level retail storefronts totaling 6,400 SF. Listed at $650,000 with a 7.14% current cap rate and 9.94% proforma cap rate. Two retail units leased through April 2027, one storefront delivered vacant at closing. Residential rents running significantly below market with strong value-add upside. 2025 property taxes just $4,280. Roof re-siliconed within past five years. Full offering memorandum available.

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Home facts

  • Year built:1900
  • Listing ID #:2022089
  • Added:56 day(s) ago
  • Updated:May 27, 2026 at 02:24 PM

Rooms and interior

  • Basement Description:Full

Structure and exterior

  • Year built:1900
  • Lot area:0.08 Acres

Schools

  • High school:Parker
  • Middle school:Franklin
  • Elementary school:Wilson

Utilities

  • Water:Municipal Water

Finances and disclosures

  • Price:$650,000
  • Tax amount:$4,279 (2025)

Parking

  • Parking description:Outside
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