Sold for $205,000

$205,000

118 N Terrace St, Janesville, WI 53548

5beds

1,905sqft

Multi Family

Built in 1865

-- sqft lot

$213,000 Zestimate^®

$108/sqft

$1,525 Estimated rent

Home value

$213,000

$190,000 - $241,000

$1,525/mo

Zestimate^® history

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$1,439/mo

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$1,439/mo

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas, Forced Air

Appliances

Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2)

Features

Eat In Kitchen (Unit 1), Eat In Kitchen (Unit 2)
Basement: Full,Sump Pump

Interior area

Total structure area: 1,905
Total interior livable area: 1,905 sqft

Property

Parking

Total spaces: 3
Parking features: 2 stall garage, Detached
Garage spaces: 2
Details: Outside

Features

Levels: Two
Patio & porch: Balcony/Patio (Unit 2)

Lot

Size: 6,969 Square Feet

Details

Parcel number: 241 0135200335
Zoning: R2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding

Condition

Year built: 1865

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Separate elec meters, Separate gas meters, Separate water meters

Community & HOA

Location

Region: Janesville

Financial & listing details

Price per square foot: $108/sqft
Tax assessed value: $136,600
Annual tax amount: $2,359
Date on market: 9/30/2025
Listing terms: Arms Length
Inclusions: 2 Stoves, 2 Refrigerators, 1 Dehumidifier
Total actual rent: 25800

Price history

Date	Event	Price
11/5/2025	Sold	$205,000+2.6%$108/sqft
Source: Public Record Report a problem
10/6/2025	Pending sale	$199,900$105/sqft
Source: WIREX MLS #2009803 Report a problem
9/30/2025	Listed for sale	$199,900+668.8%$105/sqft
Source: WIREX MLS #2009803 Report a problem
8/20/2014	Sold	$26,000-43.4%$14/sqft
Source: Public Record Report a problem
2/19/2014	Sold	$45,900$24/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,405 +4.9%	$136,600
2024	$2,292 0%	$136,600 +0.4%
2023	$2,293 +11.4%	$136,000 +54.2%
2022	$2,058 -38.6%	$88,200
2021	$3,354 +10.8%	$88,200
2020	$3,028 +1%	$88,200
2019	$2,999 -7.1%	$88,200 +26.4%
2018	$3,229	$69,800
2017	$3,229 +6.2%	$69,800
2016	$3,042 +83.2%	$69,800 -0.4%
2014	$1,660 -28.6%	$70,100
2013	$2,324 +2.9%	$70,100
2012	$2,259 +2.7%	$70,100
2011	$2,199	$70,100 +8.7%
2010	--	$64,500
2009	--	$64,500
2008	--	$64,500
2007	--	$64,500
2006	--	$64,500