309-313 W Milwaukee Street Janesville, WI ^$ 650,000

309-313 W Milwaukee Street

^$ 650,000

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Recently Listed

309-313 W Milwaukee Street

Janesville, WI, 53548

^$ 650,000

Bedrooms4 Baths4.0 Sq 3,200

Monthly Estimate*

^$ 4,002

Listed by Apartment Cash Flow, Inc.

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Multi-Family Home for sale in Janesville, WI

for $650,000 with 4 bedrooms and 4 full baths. This 3,200 square foot home was built in 1900 on a lot size of 0.076.

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 Max Fiascone

Multi-Family Active

Price

^$ 650,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,279

Style

Lot Size

0.076

Year Built

1900

Town/City

Janesville

County/Region

Rock

MLS | Web ID

2022089

Features

Interior

Heating Type Other

Basement Full Unfinished

Total Number of Units 7

General

Total Expenses 11211

Heating Other

Zoning B-5

School District Janesville

County Rock

Class Multi Family

Net Income 46389

Tax Year 2025

Status Active

Status Detail 0

Year Built 1900

Directions From I-90/39 take Exit 171B toward Janesville. Head west on W Milwaukee St. Property is located on the right between S Jackson St and S Parker Dr in

High School Parker

City Janesville

Elementary School Wilson

Middle School Franklin

DOM 1

County Qtr Section Rock NE

Exterior

Exterior Brick/Stone

* Excluded Features

List By

Apartment Cash Flow, Inc.

Broker

(414) 250-8132

Phone

max@multifamily-max.com

Affordability Calculator

$4,359

Per Month

Monthly Principal & Interest: $4,002
Monthly Property Taxes: $357
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Janesville, WI

Average List Price ^$383,059

Percent of Sale Price 41%

About Janesville, WI

64,227 Population

5% Since 2002

^$50,733 Median Income

39.37 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1832699 Elementary School

1832660 Middle School

Parker High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2026	$650,000		Listed Price

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309-313 W Milwaukee Street, Janesville, WI, 53548 is a Multi-Family Home for sale at $650,000 with 3,200 sqft and a lot size of 0.076. 309-313 W Milwaukee Street has 4 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 53548 which is in Janesville, WI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the South Central Wisconsin Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the SCWMLS approved logo and detailed information about them includes the name of the listing brokers.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information, provided by seller, listing broker, and other parties, may not have been verified.

Data is updated as of 5/1/2026.

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309-313 W Milwaukee Street

Multi-Family Home for sale in Janesville, WI

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