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Listed with Apartment Cash Flow, Inc.
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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.
Property Type(s):
Multi Family
| Last Updated | 4/30/2026 | Year Built | 1900 |
|---|---|---|---|
| County | Rock |
SCHOOLS
| School District | Janesville |
|---|---|
| Elementary School | Wilson |
| Jr. High School | Franklin |
| High School | Parker |
Additional Details
| BASEMENT | Full, Unfinished, Yes |
|---|---|
| LOT | 3311 sq ft |
| MLS STATUS | Active |
| PARKING | Outside |
| TAXES | 4279 |
| WATER | Public |
Listed with Apartment Cash Flow, Inc.
Information is supplied by seller and other third parties and has not 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 prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.
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