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For sale
  • Price cut: $10K (3/17)
    $249,900

    402 Ravine Street, Janesville, WI 53548

    2beds
    1,925sqft
    : 
    Multi Family, Apartment
    Built in 1874
    -- sqft lot
    $247,700 Zestimate®
    $130/sqft
    $-- HOA

    What's special

    **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!
    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#: 1994045MLS LogoOriginating MLS: South Central Wisconsin MLS
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 402 Ravine Street.

    Next available tour time:Today at 4pm

    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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