$650,000

309-313 W Milwaukee Street, Janesville, WI 53548

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,311sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
May 21, 2026 at 2:10AM
Listing Office:
Apartment Cash Flow, Inc. : 6512633653
Listing Agent:
Max Fiascone : 4142508132
MLS ID:
715217567800
  • Basement: Full
  • A/C: Other
  • Parking: Outside
  • General: Apartment Building
  • Originating MLS: WIREX_SCW
  • School District: Janesville
  • County: ROCK
  • Zoning: B-50136100464
  • Sewer: Municipal Water
  • Source: WIREX_SCW

This listing courtesy of Max Fiascone , Apartment Cash Flow, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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