309-313 W Milwaukee Street Street, Janesville, WI 53548

$535,000
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Listing courtesy of Apartment Cash Flow, Inc.. Selling Office: .

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Sold Price
$535,000
List Price
$650,000
Closing Date
Jun 30, 2026
MLS#
2022089
Status
CLOSED
Year Built
1900
County
Rock
Municipality
Janesville
Acres
0.08
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(715) 424-0000

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.

(715) 424-0000
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Additional Information

TotalTaxes
$4,279
Parking
Outside
Basement
Full
School District
Janesville
Elementary School
Wilson
Middle School
Franklin
High School
Parker
Courtesy Of
Apartment Cash Flow, Inc.
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