309-313 W Milwaukee St, Janesville, WI 53548-3642

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Courtesy of Max Fiascone with Apartment Cash Flow, Inc.. 651-263-3653

Selling Office: Apartment Cash Flow, Inc..

Sold Price
$535,000
List Price
$650,000
Closing Date
Jun 30, 2026
Status
CLOSED
MLS#
2022089
Acres
0.08
Year Built
1900

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.

Additional Information

Architecture
Apartment
Style
Apartment
Garage Description
Other
School District
Janesville
Elementary School
Wilson
Middle School
Franklin
High School
Parker

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This information, provided by seller, listing broker, and other parties, may not have been verified. Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in purchasing.