Janesville, MN
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    Janesville, MN Apartment Buildings for Sale

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    Elysian, MN Madison Lake, MN Pemberton, MN
    Mixed-Use Investment Opportunity
    $489,900
    2,500 SF

    Mixed-Use Investment Opportunity

    138 N Main Street, Janesville, MN 56048

    Iconic mixed-use building in downtown Janesville with income potential.

    • Stabilized mixed‑use asset with long‑term State Farm commercial tenant and renovated apartment units.
    • Significant capital improvements completed, including $70,000+ in RTU upgrades, reducing near‑term capital needs.
    • Generates $6,324 per month in rental income with upside potential from vacant office suites.
    • Located in the heart of downtown Janesville.
    • Includes 7 apartment units and 3 commercial suites.
    Updated: Apr 21
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Janesville, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mankato Apartment Building Investment
    $2,100,000
    0.24 Acres

    Mankato Apartment Building Investment

    28-unit apartment building with renovation opportunities near downtown Mankato.

    123 N 4th Street, Mankato, MN 56001
    View details
    Faribault Multifamily Investment Opportunity
    $525,000
    0.35 Acres

    Faribault Multifamily Investment Opportunity

    Seven-unit property with income potential and historic charm in Faribault.

    226 7th Street NW, Faribault, MN 55021
    View details
    Mankato Multi-Family Investment Opportunity
    $2,100,000

    Mankato Multi-Family Investment Opportunity

    28-unit apartment building near downtown Mankato with renovation potential.

    123 N 4th Street, Mankato, MN 56001
    View details
    Mixed-Use Building in Downtown Faribault
    $319,000
    0.25 Acres

    Mixed-Use Building in Downtown Faribault

    Prime mixed-use property in up-and-coming downtown Faribault, Minnesota.

    12 3rd Street NE, Faribault, MN 55021
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres

    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072
    View details
    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres

    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details

    Janesville, MN Apartment Buildings Investment Opportunities Market Analysis

    Explore 1 apartment buildings for sale in Janesville, MN on our real estate platform. These investment opportunities span a total of 2,500 square feet of properties for sale, with an estimated market value of $489,900.

    Sale prices for two-family homes in Janesville, MN start at $489,900, averaging $489,900, and reaching up to $489,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 4,203
    Population Growth (5Y) +0.6%
    Median Household Income $82,813
    College Educated 33.7%

    High-Yield Neighborhoods for Strategic Investment

    Identify Janesville submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    56048 $489.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.86%
    Property Tax per SF $21.46 per sq ft
    Tax Rate vs County Average 0.95 pp below county avg
    Average Loan-to-Value 65.0%

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