$249,900

402 Ravine St Janesville, WI 53548

$2,968
Closing credit¹
0.3 acres
House

Property details

About 402 Ravine St

**Excellent Investment Opportunity!** This meticulously maintained 3-unit multi-family property is a smart addition to any portfolio. Featuring two comfortable one-bedroom units and a cozy efficiency, this building is fully rented with tenants eager to stay. Recent upgrades include a new roof and siding in 2019, updated flooring throughout, new appliances in all units, and beautifully renovated bathrooms in each of the three units. Situated conveniently near the local hospital, this property boasts a prime location with high rental demand. Don't miss out on this turnkey investment property that generates immediate income and offers long-term potential!

Highlights

HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.25 Acres
Year built1874
Parking2 Car,Detached, Outside
MLS #1994045
Attached garage2 spaces

Summary

  • Basement: Yes
  • Interior: High Speed Internet
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2 Car,Detached, Outside
  • Heating: Forced Air, Natural Gas
  • List Price: $249,900
  • Annual Tax Amount: $2,635
  • Tax Year: 2023
  • Directions: Corner of N High and Ravine Street
  • Year Built: 1874
  • Municipality: Janesville
  • Lot Size: 0.25 Acres
  • MLS Number: 1994045
  • MLS Name: WIREX_SCW
  • Office Name: Berkshire Hathaway HomeServices Local Realty
  • Office Phone: (608) 448-9483
  • Office Email: TrueRealtyBHHS@gmail.com
  • Listing Agent: Geri Pettersen

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2025, 4:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home

$249,900

402 Ravine St

$2,968

closing credit¹

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Price information

Property sales

DateEventPrice
Jun 11, 2019
Home Sold
$130,000

Tax history

YearAssessmentProperty Tax
2023$169,400$2,635
2022$109,600$2,366
2021$109,600$2,360
2020$109,600$2,329
2019$111,800$2,469
2018$84,800$2,208
2017$84,800$2,138

History based on county public records data.

Nearby schools

7

Washington Elementary School

Public District PK-5

0.7 mi

811 N Pine St

4

Madison Elementary School

Public District PK-5

0.8 mi

331 N Grant Ave

3

Wilson Elementary School

Public District PK-5

0.9 mi

465 Rockport Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,167. Most Janesville, WI residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

52%
<35k
37%
35k-100k
11%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

50%
Single, No Kids
21%
Single, with Kids
14%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
28%
18-34 yrs old
38%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Janesville, WI

Janesville's transportation infrastructure supports both private and public transit options, with a network of local and regional bus services facilitating movement around the city. The community's layout promotes moderate walkability, with certain areas being more pedestrian-friendly than others. Bike paths are available for cycling enthusiasts. Major roads and highways connect Janesville to nearby cities, enhancing the ease of commuting and travel. Public transportation schedules vary, with peak hours typically seeing more frequent service.

The community is served by a solid educational system, including a range of public and private schools that cater to various educational needs. Healthcare services are comprehensive, with local hospitals offering a spectrum of care from primary to specialized treatments. Janesville's public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with a blend of national chains and homegrown establishments providing residents with a variety of choices.

Janesville is celebrated for its tranquil suburban charm and community-oriented spirit. The city prides itself on its well-attended annual events, such as the Rock County 4-H Fair, which showcases the area's agricultural heritage and fosters a sense of local pride. The community's character is further defined by its commitment to preserving natural beauty, as seen in its numerous parks and recreational areas.

Janesville's housing market offers a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, with a mix of contemporary, ranch, and colonial homes dotting the landscape. The housing stock largely reflects growth periods with many properties dating back to the mid-20th century, while newer developments add modern flair to the area. The homeownership rate is robust, with a majority of residents owning their homes, while a sizable portion opts for renting, providing a balanced housing ecosystem.

About 402 Ravine St

The listing price of 402 Ravine St property is $249,900.

The property 402 Ravine St is a house located in Janesville, Wisconsin, 53548.

Active Listing: 402 Ravine St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 402 Ravine St are: Washington Elementary School (GreatSchools Rating 7/10), Madison Elementary School (GreatSchools Rating 4/10), Wilson Elementary School (GreatSchools Rating 3/10), Franklin Middle School (GreatSchools Rating 5/10), Edison Middle School (GreatSchools Rating 4/10), Marshall Middle School (GreatSchools Rating 4/10), Rock River Charter School (GreatSchools Rating 1/10), Arise Virtual Academy (GreatSchools Rating 6/10), Tagos Leadership Academy (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $2,635 (source: MLS/based on county public records data).

The last sale was on June 11, 2019 for $130,000 (source: MLS/tax record).

The property at 402 Ravine St has 0 bathroom.

The year of construction for 402 Ravine St is 1874.

This home is located at 402 Ravine St in Janesville, WI and zip code 53548. Features: 0 bathroom. It has been listed on Rocket Homes since February 26, 2025 and is currently priced at $249,900.

In April 2025 in Janesville, WI there were 66.7% more homes for sale than in March. Listings spent 62 days on the market in April 2025, and had a median list price of $275,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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