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309-313 W Milwaukee Street, Janesville, WI 53548

Janesville
Local realty services provided by:CENTURY 21 Affiliated
309-313 W Milwaukee Street,Janesville, WI 53548
$650,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: max fiascone
Office: apartment cash flow, inc.
MLS#:2022089
Source:WI_WIREX_SCW

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:52 day(s) ago
  • Updated:June 22, 2026 at 10:27 AM

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
2026 Wisconsin Real Estate Exchange (WIREX) Information deemed reliable, but not guaranteed. This information, provided by seller, listing broker, and other parties, may not have been verified. 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. WI_WIREX_SCW Member Broker: William Kessler

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