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Strong mixed-use investment opportunity in the heart of downtown Janesville. This iconic 1900s building offers a stabilized asset with improved tenancy, renovated apartment units, and a long-term State Farm commercial tenant in place. The property includes 7 apartment units and 3 commercial suites. Major capital improvements and deferred maintenance items have already been addressed, including more than $70,000 in RTU upgrades, creating a near-turnkey investment opportunity with reduced near-term capital needs. The property currently generates $6,324 per month in rental income, with additional upside through two vacant office suites. The lower level provides 2,500+ sq. ft. of additional space for storage, future tenant use, or other income-producing possibities, offering further value-add potential for an investor

7059604 MLS

Strong mixed-use investment opportunity in the heart of downtown Janesville. This iconic 1900s building offers a stabilized asset with improved tenancy, renovated apartment units, and a long-term State Farm commercial tenant in place. The property includes 7 apartment units and 3 commercial suites. Major capital improvements and deferred maintenance items have already been addressed, including more than $70,000 in RTU upgrades, creating a near-turnkey investment opportunity with reduced near-term capital needs. The property currently generates $6,324 per month in rental income, with additional upside through two vacant office suites. The lower level provides 2,500+ sq. ft. of additional space for storage, future tenant use, or other income-producing possibities, offering further value-add potential for an investor

138 N Main Street, Janesville

Listing courtesy of RE/MAX Results.

$425,000

Over three acres of possibility are waiting for you on North East Street in charming Janesville, Minnesota. This rare vacant parcel offers the kind of blank canvas that dreamers, builders, and visionaries crave. With its generous acreage and prime positioning, this property could be the ideal site for an apartment complex, nursing home, or long-term care facility — developments that thrive in welcoming, close-knit communities exactly like this one. The property comes equipped with city water and sewer already available, eliminating one of the biggest hurdles in new development. For multi-unit residential or healthcare facilities, having municipal utilities in place dramatically streamlines the path from blueprint to grand opening. Janesville offers residents and future tenants the perfect balance of peaceful small-town living and convenient access to nearby amenities and services. Opportunities like this do not come along every day. Three-plus acres with municipal infrastructure in a thriving southern Minnesota community is the kind of find that makes developers do a double take.

7019384 MLS

Over three acres of possibility are waiting for you on North East Street in charming Janesville, Minnesota. This rare vacant parcel offers the kind of blank canvas that dreamers, builders, and visionaries crave. With its generous acreage and prime positioning, this property could be the ideal site for an apartment complex, nursing home, or long-term care facility — developments that thrive in welcoming, close-knit communities exactly like this one. The property comes equipped with city water and sewer already available, eliminating one of the biggest hurdles in new development. For multi-unit residential or healthcare facilities, having municipal utilities in place dramatically streamlines the path from blueprint to grand opening. Janesville offers residents and future tenants the perfect balance of peaceful small-town living and convenient access to nearby amenities and services. Opportunities like this do not come along every day. Three-plus acres with municipal infrastructure in a thriving southern Minnesota community is the kind of find that makes developers do a double take.

200 E North Street, Janesville

Listing courtesy of Weichert Realtors, Community Group.

$299,900

Welcome to 605 N. Market Street! This spacious rambler offers a large footprint, convenient main-level living, and an excellent location with plenty of opportunity to make it your own! Offering 4 bedrooms, 3 bathrooms, and over 3,600 square feet of living space, this home has room to spread out and endless potential. The main level features a large living room, an additional family room, a functional kitchen and dining area, three bedrooms, including the primary bedroom, two bathrooms, and convenient access to the attached two-stall garage. A fantastic screened-in porch provides additional space to relax and enjoy the outdoors. Downstairs, you'll find an expansive recreation room, kitchenette, fourth bedroom, bathroom, additional bonus room, utility area, and plenty of storage space. Whether you're looking for entertaining space, a home office, workout area, or room for hobbies, this lower level offers tremendous flexibility! Outside, enjoy a great location directly across from the JWP softball field, a city-maintained ice rink in the winter, and Trinity Lutheran School's playground, all within comfortable walking distance of both local schools. Move-in ready with endless potential for updates and personal touches, this is a wonderful opportunity to build equity and make a spacious, well-located home your own.

4 Beds ⋅ 3 Baths ⋅ 7157610 MLS

Welcome to 605 N. Market Street! This spacious rambler offers a large footprint, convenient main-level living, and an excellent location with plenty of opportunity to make it your own! Offering 4 bedrooms, 3 bathrooms, and over 3,600 square feet of living space, this home has room to spread out and endless potential. The main level features a large living room, an additional family room, a functional kitchen and dining area, three bedrooms, including the primary bedroom, two bathrooms, and convenient access to the attached two-stall garage. A fantastic screened-in porch provides additional space to relax and enjoy the outdoors. Downstairs, you'll find an expansive recreation room, kitchenette, fourth bedroom, bathroom, additional bonus room, utility area, and plenty of storage space. Whether you're looking for entertaining space, a home office, workout area, or room for hobbies, this lower level offers tremendous flexibility! Outside, enjoy a great location directly across from the JWP softball field, a city-maintained ice rink in the winter, and Trinity Lutheran School's playground, all within comfortable walking distance of both local schools. Move-in ready with endless potential for updates and personal touches, this is a wonderful opportunity to build equity and make a spacious, well-located home your own.

605 N Market Street, Janesville

Listing courtesy of Century 21 Atwood.

$265,000

Welcome to easy living on the west edge of Janesville! This well-maintained twin home offers a spacious layout with 1 bedroom, 2 bathrooms and an attached, heated two-stall garage featuring an epoxy floor. The kitchen includes stainless steel appliances, while the inviting sunroom with a cozy gas fireplace provides a wonderful space to relax and unwind. An additional generously sized room, currently open to the living area, offers great flexibility and the potential for a second bedroom with the addition of a wall or doors. You'll also appreciate the spacious bedroom, convenient coat and linen closets and plenty of storage throughout. Step outside to enjoy the large concrete patio and a charming garden area. Recent updates include new shingles (2024), furnace (2021) and water softener (2023). With an HOA of $560 per quarter which includes snow removal, lawn care, and exterior insurance, this property offers comfortable, low-maintenance living!

1 Beds ⋅ 2 Baths ⋅ 7162123 MLS

Welcome to easy living on the west edge of Janesville! This well-maintained twin home offers a spacious layout with 1 bedroom, 2 bathrooms and an attached, heated two-stall garage featuring an epoxy floor. The kitchen includes stainless steel appliances, while the inviting sunroom with a cozy gas fireplace provides a wonderful space to relax and unwind. An additional generously sized room, currently open to the living area, offers great flexibility and the potential for a second bedroom with the addition of a wall or doors. You'll also appreciate the spacious bedroom, convenient coat and linen closets and plenty of storage throughout. Step outside to enjoy the large concrete patio and a charming garden area. Recent updates include new shingles (2024), furnace (2021) and water softener (2023). With an HOA of $560 per quarter which includes snow removal, lawn care, and exterior insurance, this property offers comfortable, low-maintenance living!

197 Prairie Lane, Janesville

Listing courtesy of RE/MAX Venture.

$239,900

Opportunity awaits at 209 S. Teal Street in Janesville! Situated on over half an acre, this property is being sold "AS IS" and is ready for a new owner to bring their ideas, vision, and sweat equity. The home is in need of some TLC but offers a great starting point with an attached two-stall garage, durable metal roof, tankless water heater, and cozy gas fireplace. What truly sets this property apart is the incredible shop space! The main shop building measures approximately 40' x 60' and features a loft, with additional attached structures providing even more usable space. An operational car hoist will remain with the property. Whether you're looking for space to run a business, work on vehicles, store equipment, pursue hobbies, or create the ultimate workshop, the possibilities here are exciting. With a spacious lot, substantial shop space, and plenty of potential throughout, this is a unique opportunity to bring new life to an awesome Janesville property. Bring your ideas and make it your own!

3 Beds ⋅ 2 Baths ⋅ 7135441 MLS

Opportunity awaits at 209 S. Teal Street in Janesville! Situated on over half an acre, this property is being sold "AS IS" and is ready for a new owner to bring their ideas, vision, and sweat equity. The home is in need of some TLC but offers a great starting point with an attached two-stall garage, durable metal roof, tankless water heater, and cozy gas fireplace. What truly sets this property apart is the incredible shop space! The main shop building measures approximately 40' x 60' and features a loft, with additional attached structures providing even more usable space. An operational car hoist will remain with the property. Whether you're looking for space to run a business, work on vehicles, store equipment, pursue hobbies, or create the ultimate workshop, the possibilities here are exciting. With a spacious lot, substantial shop space, and plenty of potential throughout, this is a unique opportunity to bring new life to an awesome Janesville property. Bring your ideas and make it your own!

209 S Teal Street, Janesville

Listing courtesy of Century 21 Atwood.

$169,000

Welcome to 106 W. South St.! This 3 bedroom, 1 bathroom story-and-a-half home with a great two-stall detached garage packs plenty of value and future potential. The main level features a functional kitchen, dining room, living room, primary bedroom, full bathroom, and convenient main-floor laundry. Upstairs, you’ll find two additional bedrooms plus a bonus room offering flexible space for an office, storage, hobby room, or more. Outside, the large detached garage provides additional workspace and convenient alley access. This home is move-in ready while still offering plenty of opportunity to bring your ideas, make it your own, and build sweat equity along the way. Brand new roof in 2026! A great opportunity in Janesville!

3 Beds ⋅ 1 Baths ⋅ 7146210 MLS

Welcome to 106 W. South St.! This 3 bedroom, 1 bathroom story-and-a-half home with a great two-stall detached garage packs plenty of value and future potential. The main level features a functional kitchen, dining room, living room, primary bedroom, full bathroom, and convenient main-floor laundry. Upstairs, you’ll find two additional bedrooms plus a bonus room offering flexible space for an office, storage, hobby room, or more. Outside, the large detached garage provides additional workspace and convenient alley access. This home is move-in ready while still offering plenty of opportunity to bring your ideas, make it your own, and build sweat equity along the way. Brand new roof in 2026! A great opportunity in Janesville!

106 W South Street, Janesville

Listing courtesy of Century 21 Atwood.

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