**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 bathrooms in each of the three units. Situated conveniently near the local hospital, this property boasts a prime location with high rental demand. Don't miss out on this turnkey investment property that generates immediate income and offers long-term potential!
For sale
Price cut: $10K (3/17)
$249,900
402 Ravine Street, Janesville, WI 53548
2beds
1,925sqft
Est.:
Multi Family, Apartment
Built in 1874
-- sqft lot
$247,700 Zestimate®
$130/sqft
$-- HOA
What's special
- 59 days
- on Zillow |
- 290 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 09:05am
Listed by:
Geri Pettersen 608-617-3486,
Berkshire Hathaway HomeServices Local Realty,
Allen Morris 608-751-3067,
Berkshire Hathaway HomeServices True Realty
Source: WIREX MLS,MLS#: 1994045
Originating MLS: South Central Wisconsin MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Heating
- Natural Gas, Forced Air
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,925
- Total interior livable area: 1,925 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car, Detached, Outside
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.25 Acres
Details
- Parcel number: 0136100101
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1874
Utilities & green energy
- Electric: Separate Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Electric Meters
Community & HOA
Location
- Region: Janesville
- Municipality: Janesville
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $180,100
- Annual tax amount: $2,642
- Date on market: 2/26/2025
- Inclusions: 3 Stove, 3 Refrigerators, 1 Washer, 1 Dryer
- Exclusions: Sellers And Tenant's Personal Property; Chest Freezer In Unit 3
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