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Janesville, WI Multifamily Homes & Duplexes for Sale

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  • /41

    $440,000

    • 2,334 Sq Ft

    1236 Somerset Ct, Janesville, WI 53546

    Great chance to buy your home and have rental income. Its a great opportunity to own this wonderful side-by-side duplex on the Eastside of Janesville, at the end of a dead end street. Only 2nd owners here and have owned for 29 years. Everything is in just wonderful condition. Owner occupied side has 1400+ square feet with a beautiful sunroom that opens to new deck. Updated kitchen, open to living

    Julie Press-Raese Century 21 Affiliated

    1236 Somerset Ct, Janesville, WI 53546
  • /43

    $315,000

    • 2,161 Sq Ft

    152 Valley Dr, Janesville, WI 53546

    This exceptional investment opportunity features a pair of well-maintained 3 bedroom units, each with separate garages for added privacy and convenience. Situated near Palmer park and the ice age trail with quick access to I90. Tenants will enjoy the privacy and functionality of having their own garage, while the owner benefits from steady rental income. With strong rental demand in the area and

    Dillon Burke EXIT Realty HGM

    152 Valley Dr, Janesville, WI 53546
  • /24

    $519,900

    • 2,418 Sq Ft

    2214 Browning Dr, Janesville, WI 53546

    This has been brought back to life with completely new interiors, flooring, paint, new furnaces, central air, hot water heaters, softeners, new electric, lighting, bathroom fixtures, and roof. Property is vacant and could be great for owner occupied living or high-end rents. Rent to be $2400 2216 and $2000 for 2214. Great location! Great property!

    Julie Press-Raese Century 21 Affiliated

    2214 Browning Dr, Janesville, WI 53546
  • /11

    $220,000

    • 10,624 Sq Ft

    1045 Bouchard Ave, Janesville, WI 53546

    Investors special. This property must be sold with 1051 Bouchard Ave Seller's will not separate properties due to shared driveway. The 2 bedroom unit needs extensive repair/remodel the 1 bedroom unit needs cosmetics/flooring. Tenant just vacated in July.

    Roz Voegeli Right Choice Realty

    1045 Bouchard Ave, Janesville, WI 53546
  • /5

    $299,900

    • 2,164 Sq Ft

    756 W Happy Hollow Rd, Janesville, WI 53546

    This excellent investment opportunity features three single-family homes on over four acres of picturesque land. Each house has an individual septic system, and a shared well is on the premises, eliminating water bills for residents. The expansive lot includes a beautifully maintained yard, This property represents an ideal addition to any investment portfolio. Do not miss the opportunity to

    Jacqueline Watson-Giese Century 21 Affiliated

    756 W Happy Hollow Rd, Janesville, WI 53546
  • /65

    $235,900

    • 1,882 Sq Ft

    333 Linn St, Janesville, WI 53548

    This property has the character and charm that one would expect in a Victorian home. The downstairs has tall ceilings, wood flooring, large pocket doors, a built in bookcase & newly remodeled bath as well as some newer flooring. The upstairs has a remodeled bathroom & eat-in kitchen and newer flooring throughout. The electrical & plumbing have been updated as well. All utilities are separate,

    Dawn Reeves Century 21 Affiliated

    333 Linn St, Janesville, WI 53548
  • /29

    $249,900

    • 2,148 Sq Ft

    809 Rockport Rd, Janesville, WI 53548

    Attention investors! Nice sized 2 unit with large double garage and spacious lot. Property newly vacated after long term tenants-owner has refreshed with some new plaster, paint updates in getting ready for new renter/buyer. Nicely maintained with NEW siding, exterior insulation, gutters and windows (with transferable warranty). Spacious 2/3 bdrm units with each over 1000 sq ft. Newly added

    Ronda Richter Weber Century 21 Affiliated

    809 Rockport Rd, Janesville, WI 53548
  • /45

    $219,900

    • 1,175 Sq Ft

    1321 W Court St, Janesville, WI 53548

    Great opportunity for investors and or Owner occupied. This brick building is located in a high traffic area, will be excellent for business use or it could all potentially be turned into housing. There are 3 levels, the upper level is currently being used as living quarters, which includes a bedroom, living area, kitchen and full bath. The Main level has been used in the past for an insurance

    Ramona Rodriguez Century 21 Affiliated

    1321 W Court St, Janesville, WI 53548
  • /37

    $230,000

    • 1,925 Sq Ft

    402 Ravine St, Janesville, WI 53548

    **Excellent Investment Opportunity!** This meticulously maintained 3-unit multi-family property is a smart addition to any portfolio. Featuring two comfortable one-bedroom units and a cozy efficiency, this building is fully rented with tenants eager to stay. Recent upgrades include a new roof and siding in 2019, updated flooring throughout, new appliances in all units, and beautifully renovated

    Geri Pettersen Berkshire Hathaway HomeServices True Realty

    402 Ravine St, Janesville, WI 53548
  • /27

    $380,000

    637 N Wright Rd, Janesville, WI 53546

    Looking to expand your business or portfolio, this former Community Based Residential Facility (CBRF) had a 32+ year history of operation. 8 bedrooms, 4-5 baths with a sprawling living room, large dining that opens to the kitchen. 2 furnaces, central air units, water heaters and fireplaces. 2500 square feet of storage in the basement. 2 one car garages as well. Fabulous past resident history. All

    Adam Briggs Briggs Realty Group, Inc

    637 N Wright Rd, Janesville, WI 53546

Why Live in Janesville

Janesville's Rotary Botanical Gardens showcases 24 themed gardens with over 4,000 plant varieties across 20 stunning acres. The Rock Aqua Jays perform world-class water ski shows at Traxler Park, while the historic Lincoln-Tallman House preserves local heritage. Residents enjoy four distinct seasons with access to over 2,500 acres of parkland, including Rockport Park, the city's largest park featuring a pool, trails, and historic farmstead. The downtown area buzzes with activity at the seasonal farmers market in Town Square and hosts numerous dining options like Wissota Chophouse, known for Certified Angus Beef, and Genisa Wine Bar, which pairs Italian cuisine with Wisconsin influences.

The housing market in Janesville includes properties ranging from $137,000 to $729,000. The median sale price across all properties is $272,000, with single family homes having a median price of $279,300. One bedroom condos have a median price of $150,000, while two bedroom condos have a median price of $250,000. Single family homes are prevalent throughout the city, with median prices varying significantly by neighborhood. Courthouse Hill commands $351,300, while Downtown Janesville single family homes have a median price of $153,000.

Living costs in Janesville run 3.6% below the national average. A family with school age children should plan for a salary of $103,000 to live comfortably, with approximately $25,000 annually for housing and $18,000 for groceries. Renters need about $50,000 yearly, allocating $18,000 for housing and $8,000 for groceries. The property tax rate stands at 1.69%, comparable to nearby Madison at 1.71% but lower than Rockford, Illinois at 2.48%. Public education includes highly rated schools like Harmony Elementary and Roosevelt Elementary, both receiving A minus ratings from Niche.

Home Trends in Janesville, WI

Housing Trends

Median Sale Price
$234,900
Median Single Family Sale Price
$230,000
Median 2 Bedroom Sale Price
$247,450
Average Price Per Sq Ft
$159
Number of Homes for Sale
19
Last 12 months Home Sales
152
Months of Supply
1.50
Median List Price
$245,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%
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