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

Bedrooms-- Baths-- Sq 6,400

Monthly Estimate*

^$ 4,002

Listed by Apartment Cash Flow, Inc.

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Commercial Property for sale in Janesville, WI

for $650,000. This 6,400 square foot building was built in 1900.

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.

Commercial Active

Price

^$ 650,000

Property Type

Commercial

Taxes

^$ 4,279

Style

Retail,Office

Year Built

1900

Town/City

Janesville

County/Region

Rock

MLS | Web ID

2022182

Features

General

Lease Type Gross Other

Roof All flat

Zoning B-5

Tenant Pays Heat Air Conditioning Electric Water Sewer

County Rock

Class Business/Comm

Present Use Retail Office Apartment building

Net Income 46389

Location Business district

Tax Year 2025

Gross Income 55800

Fuel Natural gas Electric

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

City Janesville

DOM 1

Price Per Sq Ft Total AG 101.56

County Qtr Section Rock NE

Interior

Basement Full

Total Number of Units 1

Heating/Cooling Steam Radiant

Stories 2

Exterior

Exterior Brick

Lot Size Area 0.076

* 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

Commerical listings in Janesville, WI

Average List Price ^$481,653

Percent of Sale Price 26%

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.

1568291 Elementary School

1568554 Middle School

Unknown 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 Commercial Property for sale at $650,000 with 6,400 sqft. 309-313 W Milwaukee Street 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 5/2/2026.

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309-313 W Milwaukee Street

Commercial Property for sale in Janesville, WI

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