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$205,000
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Property Description
Attention Investors, opportunity knocks! This 2 unit is located near the hospital with easy access to downtown. Detached 2 car garage has alley access. Spacious lower 3 bedroom unit is tenant occupied. Upper 2 bedroom unit is vacant and has new flooring. Laundry hookups available in basement. Both furnaces have been replaced, upper unit furnace is located in the attic. Owner has put in new windows, doors, insulation, flooring, garage siding, garage roof and garage doors over the last 12 years.
Full Property Details
Full Property Details for 118 N Terrace St
General
- Sold For: $205,000
- Taxes: $2,359 (2024)
- Status: Closed
- Type: Multi-Family
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2009803
- Added to Site: 110 day(s) ago
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: 2 Car, Detached
Location
- Municipality: Janesville
- County: Rock
- Driving Directions: Mineral Point Ave to south on N Terrace St
School Information
- School District: Janesville
- Elementary School: Call School District
- Middle School: Franklin
- High School: Parker
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: Separate Electric Meters, Separate Gas Meters, Separate Water Meters
Structural Information
- Description/Design: 2 Stories
- Exterior Const.: Aluminum/Steel
- Basement Desc.: Full, Sump Pump
- Year Built: 1865
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 1233
- Bedrooms: 3
Unit 2
- Square Feet: 672
- Bedrooms: 2
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: R2
Financial Considerations
- Tax Amount: $2,359
- Tax Year: 2024
Disclosures and Reports
- Inclusions: 2 Stoves, 2 Refrigerators, 1 Dehumidifier
Listed by Coldwell Banker The Realty Group
Sold by Fathom Realty, LLC
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Schools
Schools serving 118 N Terrace St
School District:Janesville School District
| Name | Grades | Distance |
|---|---|---|
Madison Elementary School, Janesville, WI 331 North Grant Avenue, Janesville, WI 53548 | PK-5 | 0.7 mi |
Franklin Middle School, Janesville, WI 450 North Crosby Avenue, Janesville, WI 53548 | 6-8 | 0.9 mi |
Parker High School 3125 Mineral Point Avenue, Janesville, WI 53548 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 N Terrace St
Date
Details
Price
Change
Source
11/03/2025
Sold
$205,000
2.55%
MLS
9/30/2025
Listed
$199,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
118 N Terrace Street, Janesville, WI 53548 (MLS# 2009803) is a Multi-Family property that was sold at $205,000 on November 03, 2025. Want to learn more about 118 N Terrace Street? Do you have questions about finding other Multi-Family real estate for sale in Janesville? You can browse all Janesville real estate or contact a Coldwell Banker agent to request more information.

