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    Janesville, MN
    Residential Income

    Janesville, MN Residential Income Properties for Sale

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    Mixed-Use Building with Apartments
    Updated: Apr 21
    Mixed-Use Building with Apartments

    138 N Main Street, Janesville, MN 56048

    $475,000
    0.28 AC lot
    Seven apartment units and three commercial suites
    Renovated apartment units with long‑term State Farm commercial tenancy
    Two vacant office suites provide additional commercial space
    Lower level includes 2,500+ sq. ft. for storage or future tenant use
    1900 brick building in downtown Janesville
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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Janesville, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

    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 Street W, Elysian, MN 56028

    $404,900
    0.21 AC lot

    Two apartments and a renovated office provide multiple occupancy configurations with dedicated parking and supplemental storage buildings.

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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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    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.

    Vacant Commercial Land
    Vacant Commercial Land

    200 E North Street, Janesville, MN 56048

    $425,000

    Municipal water and sewer are available for future site planning.

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    Elysian, MN Buildable Lots
    Elysian, MN Buildable Lots

    Lewis Lane, Elysian, MN 56028

    Contact for pricing
    0.18 AC lot

    Buildable lots in a quiet, peaceful lakeside town.

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    Expansive Residential Parcel in Waterville
    Expansive Residential Parcel in Waterville

    Open Lot Browers Street E, Waterville, MN 56096

    $52,500
    0.74 AC lot

    Three lots combined into one expansive parcel for future use.

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    Mankato Multifamily Development Site
    Mankato Multifamily Development Site

    Agency Trail, Mankato, MN 56001

    $450,000
    1.44 AC lot

    1.44 acre development site ideal for multifamily housing.

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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
    View details

    Janesville, MN Residential Income Properties Market Trends and Statistics

    Explore 5 residential income 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 $950,000.

    Sale prices for residential income properties in Janesville, MN average $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

    Multifamily properties 3
    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 $475K

    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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