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Updated Duplex with Driveway
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615 E Centerway, Janesville, WI 53545

R3-zoned two-unit property with a remodeled upper residence and an established tenant in the lower unit.

Property SizeContact for details
Days on Market120

Property Features for 615 E Centerway

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multifamily
Zoning R3

Additional Details

Multifamily Units 2

Building Details

Year Built 1930
Units 2
Listing Agency: EXIT REALTY HGM
Listed By: Lawton Team · License #79723-94
Source: Crexi
Added: May 5 Changed: Aug 29 Last Checked: Aug 31 at 3:01AM

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 EXIT REALTY HGM

Investment Insights

Based on property information with market context.

Built in 1930, this Janesville duplex contains two residential units and is zoned R3. The upper unit received a full remodel in 2026, while the lower unit is described as meticulously maintained and occupied by a long-term tenant. A roof replacement completed in 2020 adds another significant improvement to the property.

The home is positioned near downtown amenities and includes a three-car driveway. The combination of two separate units, recent updates, and existing lower-unit occupancy provides a clearly defined residential income configuration.

Key Highlights

  • Duplex with two residential units
  • Full upper‑unit remodel completed in 2026
  • Roof replaced in 2020

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

1,291
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

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 - R3-zoned two-unit property with a remodeled upper residence and an established tenant in the lower unit.
Where is this duplex located?
The property is located at 615 E Centerway Janesville, WI.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Duplex with two residential units; Full upper‑unit remodel completed in 2026; Roof replaced in 2020
More about this property
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