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Two-Unit Duplex with Recent Improvements
For Sale
$309,000

228 Milton Avenue, Janesville, WI 53545

Multi Family, Janesville, WI

Property SizeContact for details
Lot Size0.12 Acres
Days on Market80

Property Features for 228 Milton Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Res
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 3
Parking features Off Street, Driveway
Appliances 2
Elementary school Adams
Middle school Franklin
High school Parker
Elementary school district Janesville
Middle school district Janesville
High school district Janesville
Directions Milton Ave, 1 block north of Milwaukee st
Subdivision JANESVILLE - C
Standard status Active
APN 2410136200483
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4329

Utilities

Heating system Forced Air

Building Details

Year built 1890
Number of units 2
Listing Agency: Cold Water Realty
Listed By: Vikki Triggs · License #8795694
Added: Jul 15 Changed: Sep 30 Last Checked: Oct 2 at 3:06PM
MLS# 2027159

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Janesville duplex contains two residences arranged on upper and lower levels. Each unit has two bedrooms and one full bathroom. The property was built in 1890 and occupies a 0.12-acre lot.

Lead hazard reduction work included replacement windows, interior doors, siding, soffit, and fascia. Heating is forced air, and parking is available off street in the driveway.

Key Highlights

  • Two units, each with 2 bedrooms and 1 full bath
  • Upper- and lower‑level unit configuration
  • Lead hazard reduction work included new windows, interior doors, siding, soffit, and fascia

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,207
Businesses Nearby

Demographics for 53545, WI

23,318
Population
11,170
Households
2.1
Avg Household Size
41
Median Age
29%
College-Educated
94%
High-School Grad
22.5 sq mi
ZIP Area
1,036
Density / Sq Mi
$70,730
Median Household Income
$42,567
Median Earnings
$1,006
Median Rent
$204,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Upper- and lower-level residences each offer two bedrooms and one full bath.
Where is this duplex located?
The property is located at 228 Milton Avenue Janesville, WI.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bath; Upper- and lower‑level unit configuration; Lead hazard reduction work included new windows, interior doors, siding, soffit, and fascia
More about this property
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