Side-by-Side Duplex with
2415-2419 Mt Zion Avenue Janesville, WI 53545
For Sale
$264,900
Pending
Well-maintained side-by-side duplex with two 2-bedroom, 1-bath units and a center car garage.
Property Size1,768 SF
Days on Market171
Property Features for 2415-2419 Mt Zion Avenue
General Information
- Standard status
- Pending
- Size
- 1,768 SF
- Property subtype
- Multi Family / Duplex-side by side
Building Details
- Year Built
- 1967
Listing Agency:
Coldwell Banker The Realty Group
(608) 289-2285
Listed By:
Paul Schieldt · License #50213-90
(608) 289-2285
Source:
Compass
Added: Feb 4
Changed: Jul 23
Last Checked: Jul 23 at 8:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker The Realty Group
Investment Insights
Based on property information with market context.
This well-maintained side-by-side duplex includes two 2-bedroom, 1-bath units and a center car garage. Each unit features some hardwood flooring and appliances including a stove, refrigerator, and dishwasher. Unit 2415 is vacant and available for showings, while Unit 2419 is tenant-occupied and requires 24-hour notice.
The property is located on Mt Zion Avenue in a convenient east-side area of Janesville, Wisconsin.
Recent updates include a new roof, gutters, downspouts, gutter guards, and a water heater installed in 2024. The duplex has a history of upkeep and rental performance, offering a straightforward layout for long-term ownership with some flexibility given the currently vacant unit.
The property is located on Mt Zion Avenue in a convenient east-side area of Janesville, Wisconsin.
Recent updates include a new roof, gutters, downspouts, gutter guards, and a water heater installed in 2024. The duplex has a history of upkeep and rental performance, offering a straightforward layout for long-term ownership with some flexibility given the currently vacant unit.
Key Highlights
- Well‑maintained side‑by‑side duplex built in 1967 with two 2‑bedroom, 1‑bath units
- Each unit includes appliances: 2 stoves, 2 refrigerators, and 2 dishwashers; Unit 2415 is vacant (go and show)
- Center car garage with full, poured concrete basement foundation
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.4k | $13.80 |
| − Vacancy | −$1.1k | −$0.62 |
| EGI | $23.3k | $13.18 |
| − OpEx | −$7.0k | −$3.95 |
| NOI | $16.3k | $9.23 |
1,768 SF · lease $13.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$233.0K
$203.9K – $271.8K
NOI $16,310 @ 7.0% cap · market cap 6.16%
Second Best
Apartment 5plus
$204.8K
$179.2K – $239.0K
NOI $14,339 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$424.9K
$371.8K – $495.7K
NOI $29,741 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained side-by-side duplex with two 2-bedroom, 1-bath units and a center car garage.
Where is this duplex located?
The property is located at 2415-2419 Mt Zion Avenue Janesville, WI.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Well‑maintained side‑by‑side duplex built in 1967 with two 2‑bedroom, 1‑bath units; Each unit includes appliances: 2 stoves, 2 refrigerators, and 2 dishwashers; Unit 2415 is vacant (go and show); Center car garage with full, poured concrete basement foundation
