Listed by John Mansur • Mansur Real Estate LLC (john@mansurrealestate.com). Bought with RE/MAX Ignite.
Off Market Sep 2024 for $225K
$262,626
Est. refi paymentEst. refi$1,451/mo
6
bd
•
2 ba
•
—
sq ft
321 W Racine St, Janesville, WI 53548
About this home
Public Remarks: Investment property available in Janesville - upper/lower duplex with $2,400 gross monthly rent(currently at $2,200/month). Lower unit includes 3 beds, 1 full bath, rent is $1,200/month(notice given to be at $1,250 by 1-1-25 and $1,300 by 6-1-25). Long-term tenants in upper unit have 3 beds, 1 full bath, rent is $1,000/month(notice given to be at $1,100 by 6-1-25). Month-to-month leases for both units offer flexibility for new owner to raise rents, change lease terms, or convert to 12 month lease with one month's notice. Separate electric/gas meters, shared water meter, but easily split. Low maintenance building, easily rented units. Roof, windows, siding new about 2020. Lower unit completely gutted in 2024, new everything. New water/sewer entire building. Front/rear entrances rebuilt.
*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
5
Baths
2
Stories
1.75
Lot width
—
Lot depth
—
Lot size
8,189 Sq. Ft.
Year renovated
1939
Sq. Ft.
1,920
Year built
1905
Style
Single Family Residential
County
Rock County
APN
241 0136300512
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 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
Parking Information
Parking: 2 Spaces
Garage Information
# of Garage Parking Spaces (Total): 2
Garage: 2 Car, Detached
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: 0.19
Zoning: R2
Financial
Tax Information
Total Taxes: $2,342
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.: 960
# of Baths (1/2): 0
# of Baths (Full): 1
# of Bedrooms: 3
Unit 2 Information
Sq. Ft.: 720
# of Baths (1/2): 0
# of Baths (Full): 1
# of Bedrooms: 3
Neighborhood Information
Municipality: JANESVILLE
Municipality Type: City
School Information
School District: Janesville
Elementary School: Wilson
Middle School: Franklin
High School: Parker
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 1,920
Stories: 1.75
Lot Size: 8,189 square feet
Style: Single Family Residential
Year Built: 1905
Year Renovated: 1939
County: Rock County
APN: 241 0136300512
Home facts updated by county records on Aug 26, 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
Wilson Elementary School
Public PreK-5 • Assigned • 0.2mi
2/10
Franklin Middle School
Public 6-8 • Assigned • 1.7mi
3/10
Parker High School
Public 9-12 • Assigned • 2.3mi
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
82
66
79
61
78
56
67
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
$250,000 – $303,000
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