309-313 W Milwaukee Street, Janesville, WI 53548

Janesville
Local realty services provided by:Better Homes and Gardens Real Estate Special Properties
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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:2022089
  • Added:59 day(s) ago
  • Updated:June 29, 2026 at 10:49 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.

New listings near 309-313 W Milwaukee Street