Listed by John Mansur • Mansur Real Estate LLC (john@mansurrealestate.com). Bought with RE/MAX Top Choice.
Off market sep 2024 for $232K
$270,300
Est. refi paymentEst. refi$1,466/mo
4
bd
•
2 ba
•
—
sq ft
1223 Ravine St, Janesville, WI 53548
About this home
Public Remarks: Investment property available in Janesville - upper/lower duplex with $2,300 gross monthly rent. Originally built as a duplex, lower unit includes 2 beds, 1 full bath, rent will be $1,150/month. Upper unit has 2 beds, 1 full bath, rent is $1,150/month. Month-to-month leases offer flexibility for new owner to raise rents, change lease terms, or convert to 12 month lease with one month's notice. Separate electric and gas meters, shared water meter. Low maintenance building, easily rented units. New in 2014; siding, windows, furnaces, water heaters, electric, and plumbing. Roof new about 2012. Two car detached garage, each tenant uses one garage stall. Long term lower tenant would like to stay and has written notices to be at market rate rent of $1,150 by June 2025(currently $950/month).
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
7,710 Sq. Ft.
Year renovated
1943
Sq. Ft.
2,596
Year built
1920
Style
Single Family Residential
County
Rock County
APN
241 0135200508
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
R2
Limited General Residence District
The R2 Limited General Residence District is designed to provide areas which are to be occupied substantially by single-family and two-family dwellings. This district is intended to accommodate existing platted lots with areas of 5,000 through 7,700 sq ft to prevent numerous dwellings from becoming nonconforming and to accommodate new higher-density development.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Bed & breakfast
Educational/school
Park & open space
Property details
Parking
Garage Information
# of Garage Parking Spaces (Total): 2
Garage: 2 Car
Interior
Room Information
Full
Exterior
Building Information
Building Type: 2 Story, 2 Flat
Stories: 1-2
Exterior
Exterior: Vinyl
Property Information
Stories: 1-2
Multi-Family
Information Source Year Built: Assessor/Public Record
Lot Information
Lot Acreage: 0.18
Zoning: R2
Financial
Tax Information
Total Taxes: $4,265
Tax Year: 2023
Utilities
Utility Information
Municipal Water, Municipal Sewer
Separate Electric Meters, Separate Gas Meters
Heating/Cooling: Forced Air
Natural Gas
Location
Multi-Unit Information
# of Units: 2
Unit 1 Information
Sq. Ft.: 1,298
# of Baths (1/2): 0
# of Baths (Full): 1
# of Bedrooms: 2
Unit 2 Information
Sq. Ft.: 1,298
# of Baths (1/2): 0
# of Baths (Full): 1
# of Bedrooms: 2
Neighborhood Information
Municipality: JANESVILLE
Municipality Type: City
School Information
School District: Janesville
Elementary School: Washington
Middle School: Franklin
High School: Parker
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,596
Stories: 2.0
Lot Size: 7,710 square feet
Style: Single Family Residential
Year Built: 1920
Year Renovated: 1943
County: Rock County
APN: 241 0135200508
Home facts updated by county records on Sep 8, 2026
Other
Listing Information
SaleType: Arms Length
Inclusions: 2 refrigerators, 2 stove/ovens
Exclusions: Seller's and tenant's personal property
Around this home
Schools
K - 12
Preschool & daycare
Madison Elementary School
Public PreK-5 • Assigned • 0.6mi
5/10
Franklin Middle School
Public 6-8 • Assigned • 0.8mi
3/10
Parker High School
Public 9-12 • Assigned • 1.5mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 103° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Janesville, WI • 53548
Average low and high temperatures (°F)
26°
12°
35°
18°
52°
32°
61°
42°
70°
48°
81°
61°
84°
66°
79°
61°
77°
55°
65°
46°
48°
34°
32°
19°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 3.5 hours in December, placing it below the
U.S. average for solar exposure.
9.9 hrs
3.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$257,000 – $311,000
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