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$329,000 Just Listed
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Property Description
Updated pictures coming soon!!!Showings start 8/1. Opportunity awaits with this well-maintained Upper/Lower multi/family units offering strong rental income and significant recent improvements. Each unit features 2 bedrooms, 1 full bath. The property has undergone extensive lead hazard reduction improvements, with over $200,000 invested, including new windows, new interior doors, new siding, soffit, and fascia, providing peace of mind and reducing future maintenance expenses. Whether you're looking to expand your investment portfolio or owner-occupy one unit while collecting rental income from the other, this property offers solid cash flow potential and major capital improvements already completed.
Full Property Details
Full Property Details for 228 Milton Ave
General
- Price: $329,000
- Taxes: $4,329 (2025)
- Status: Active
- Type: Multi-Family
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2027159
- Updated: 7/1/2026
- Added to Site: Today
Parking
- Parking Features: Outside
Location
- Municipality: Janesville
- County: Rock
- Driving Directions: Milton Ave, 1 block north of Milwaukee st
School Information
- School District: Janesville
- Elementary School: Adams
- 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 Flat Up and Down
- Exterior Const.: Vinyl
- Basement Desc.: Full
- Year Built: 1890
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 1387
- Bedrooms: 2
Unit 2
- Square Feet: 1308
- Bedrooms: 2
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: Res
Financial Considerations
- Tax Amount: $4,329
- Tax Year: 2025
Listed by Cold Water Realty
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Schools
Schools serving 228 Milton Ave
School District:Janesville School District
| Name | Grades | Distance |
|---|---|---|
Adams Elementary School, Janesville, WI 1138 East Memorial Drive, Janesville, WI 53545 | PK-5 | 0.6 mi |
Franklin Middle School, Janesville, WI 450 North Crosby Avenue, Janesville, WI 53548 | 6-8 | 1.7 mi |
Parker High School 3125 Mineral Point Avenue, Janesville, WI 53548 | 9-12 | 2.4 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 228 Milton Ave
Date
Details
Price
Change
Source
7/01/2026
Listed
$329,000
—
MLS
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 228 Milton Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,260
5%
$239,000
—
2024
$4,061
—
$239,000
—
2023
$4,078
8%
$239,000
49%
2022
$3,788
-1%
$160,100
—
2021
$3,819
7%
$160,100
—
2019
$3,562
22%
$160,100
44%
2018
$2,912
3%
$111,100
—
2017
$2,820
2%
$111,100
—
2016
$2,777
4%
$111,100
—
2015
$2,668
—
$111,100
—
2014
$2,667
-2%
$111,100
—
2013
$2,717
1%
$111,100
—
2012
$2,681
—
$111,100
—
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 228 Milton Ave
228 Milton Avenue, Janesville, WI 53545 (MLS# 2027159) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 228 Milton Avenue is currently listed for $329,000 and was received on July 01, 2026. Want to learn more about 228 Milton Avenue? 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.

