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$345,000 Just Listed
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Property Description
Versatile and spacious property offering 6 bedrooms, 2 full bathrooms, multiple living spaces, and plenty of possibilities! Previously utilized as a CBRF facility, this well-maintained brick property offers a flexible layout that could easily accommodate a variety of future uses, including potential conversion to a multi-family home, subject to applicable zoning and approvals. The main level features two separate living rooms, a functional kitchen, generous bedroom space, and a 3-season porch overlooking the large backyard. Zoned heating and cooling provides added comfort and efficiency throughout the home. The basement offers even more usable space with a newly updated finished area, additional bathroom, and private office?ideal for work, recreation, or additional living space. With its substantial square footage, multiple gathering areas, brick exterior, and adaptable floor plan, this property presents a unique opportunity for an owner-occupant, investor, or entrepreneur.
Full Property Details
Full Property Details for 1321 Sherman Ave
General
- Price: $345,000
- Taxes: $4,682 (2025)
- Status: Active
- Type: Commercial
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2033398
- Updated: 9/24/2026
- Added to Site: 4 day(s) ago
Parking
- Parking Features: 1 to 5 Spaces, Paved Lot
Location
- Municipality: Janesville
- County: Rock
- Driving Directions: Milton Ave, East on Sherman
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air, Central Air Conditioning, Zoned Heating
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: Freestanding
- Basement Desc.: Full
- Roof: Composition/Fiberglass
- Square Feet: 2,769
- Square Feet Range: 2501 to 3000
- Sq. Ft. Source: Assessor/Public Record
- Year Built: 1953
Unit Information
- Units in Building: 1
Lot Features
- Zoning: R2
Financial Considerations
- Tax Amount: $4,682
- Tax Year: 2025
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Schools
Schools serving 1321 Sherman Ave
School District:Janesville School District
| Name | Grades | Distance |
|---|---|---|
Adams Elementary School, Janesville, WI 1138 East Memorial Drive, Janesville, WI 53545 | PK-5 | 0.3 mi |
Franklin Middle School, Janesville, WI 450 North Crosby Avenue, Janesville, WI 53548 | 6-8 | 2.4 mi |
Parker High School 3125 Mineral Point Avenue, Janesville, WI 53548 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1321 Sherman Ave
Date
Details
Price
Change
Source
9/24/2026
Listed
$345,000
31.53%
MLS
6/09/2023
Sold
$262,300
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1321 Sherman Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,682
5%
$262,300
—
2024
$4,463
2%
$262,300
3%
2023
$4,357
-21%
$255,100
10%
2022
$5,491
-1%
$230,900
—
2021
$5,536
7%
$230,900
—
2019
$5,164
15%
$230,900
35%
2018
$4,504
3%
$170,600
—
2017
$4,362
-2%
$170,600
—
2016
$4,446
8%
$170,600
—
2015
$4,131
—
$170,600
—
2014
$4,128
-2%
$170,600
—
2013
$4,207
1%
$170,600
—
2012
$4,152
—
$170,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1321 Sherman Ave
1321 Sherman Avenue, Janesville, WI 53545 (MLS# 2033398) is a Commercial property. 1321 Sherman Avenue is currently listed for $345,000 and was received on September 24, 2026. Want to learn more about 1321 Sherman Avenue? Do you have questions about finding other Commercial real estate for sale in Janesville? You can browse all Janesville real estate or contact a Coldwell Banker agent to request more information.

