Multifamily

Janesville, MN Multifamily Properties for Sale

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Elysian, MN Madison Lake, MN Pemberton, MN Eagle Lake, MN Waseca, MN Waterville, MN Mankato, MN Cleveland, MN
Mixed-Use Building with Apartments
Updated: Apr 21
Mixed-Use Building with Apartments

138 N Main Street, Janesville, MN 56048

$450,000
0.28 AC lot
7 apartment units and 3 commercial suites
Two vacant office suites; one commercial suite has a long‑term State Farm tenant
2,500+ sq. ft. of lower‑level area
0.282‑acre parcel in downtown Janesville
Built in 1900; forced‑air heating and central air conditioning
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Mixed-Use Building with Apartments
Updated: Aug 13
Mixed-Use Building with Apartments

138 N Main St, Janesville, MN 56048

$475,000
12,361 sqft
Seven apartment units and three commercial suites
Renovated apartment units
State Farm commercial tenant in place
Two vacant office suites
2,500+ square feet of lower‑level space
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Newly Renovated Mixed-Use Property
Newly Renovated Mixed-Use Property

121 N Main St, Janesville, MN 56048

Contact for pricing
5,297 sqft

Newly renovated mixed-use property with 100% leased occupancy and net commercial leases with base plus CAM.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
3 active listings match your search: Multifamily for sale in Janesville, MN. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities and 2 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

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

Newer-Construction 16-Unit Portfolio
Newer-Construction 16-Unit Portfolio

220 Maple Ave SW, Elysian, MN 56028

$2,400,000
17,280 sqft 2.15 AC lot

Sixteen fully leased units in four 4-plex buildings built in 2021–2022 with in-unit laundry and private patios/decks.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

03-307-309 2nd Street NW, Waseca, MN 56093

$525,000
0.54 AC lot

Combination of occupied apartments and self-storage units supports two established commercial uses.

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Mixed-Use Property with Outbuildings
Mixed-Use Property with Outbuildings

196 Main St W, Elysian, MN 56028

$404,900

Main Street property combines two apartments, an office suite, and powered auxiliary buildings for varied income-producing use.

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Mixed-Use Property with Storage
Mixed-Use Property with Storage

307-309 2nd Street Northwest, Waseca, MN 56093

Contact for pricing

The nine apartments are fully occupied, and tenants pay their own heat and electric.

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Off-Market Properties in Janesville, MN

Consider similar Off-Market properties in Janesville, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Janesville, MN 56048
MOBILE HOME PARK, TRAILER PARK

Janesville, MN 56048

Estimated value:
$305,000
3.50 AC lot
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Janesville, MN 56048
MOBILE HOME PARK, TRAILER PARK

Janesville, MN 56048

Estimated value:
$60,000
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Janesville, MN Multifamily Properties Market Trends and Statistics

Explore 5 multifamily properties for sale in Janesville, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 17,658 square feet of properties for sale, with an estimated market value of $925,000.

Sale prices for multifamily properties in Janesville, MN start at $450,000, averaging $462,500, and reaching up to $475,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56048 $462.5K

Taxes & Financing

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

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