118-120 E Ash Ln, Milton, WI, 53563
About This Home
Brand-new duplex offering two modern 3-bedroom, 2-bath units with private entries and attached two-car garages. Each residence features contemporary finishes, efficient layouts, and the feel of single-family living within a rental structure. Located just off Highway 26 with direct access to Janesville, Fort Atkinson, and the I-39/90 corridor, this property sits in one of Rock County’s most supply-constrained and commuter-friendly rental markets. Investment Highlights: • Projected rent: $2,200 per unit / $4,400 monthly • Annual gross scheduled rent: $52,800 • Projected NOI: $33,952 • Brand-new construction with minimal maintenance requirements • Landlord responsibilities limited to snow removal and landscaping Property Features: • Three bedrooms and two bathrooms per unit • Attached two-car garages • Durable, modern materials and finishes • Spacious, well-designed floor plans A high-quality, low-maintenance asset ideal for investors seeking stable income in a high-demand corridor.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2026
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Apartment
Interior
Appliances
- Appliances included: Range/Oven (Unit 1),Refrigerator (Unit 1),Dishwasher (Unit 1),Washer/Dryer (Unit 1),Range/Oven (Unit 2),Refrigerator (Unit 2),Dishwasher (Unit 2),Washer/Dryer (Unit 2)
- Laundry features: In Unit (Unit 1),In Unit (Unit 2)
Basement
- Has basement: Yes
- Basement: None,Slab
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Eat In Kitchen (Unit 1),Primary bedroom bath,Pantry ((Unit 1),Eat In Kitchen (Unit 2),Pantry ((Unit 2)
- Window features: Low Emissivity Windows
- Flooring: Wood or Simulated Wood (Unit 1),Wood or Simulated Wood (Unit 2)
Heating & Cooling
- Heating features: Natural Gas,Forced Air,Individual Heat Control (Unit 1),Individual Heat Control (Unit 2)
- Cooling features: Air Conditioning (Unit 1),Air Conditioning (Unit 2)
Interior Area
- Total structure area: 2,791
- Total interior livable area: 2,791 sqft
Property
Details
- Parcel number: See Listing Agent
- Zoning: Res
Features
- Patio & porch: Balcony/Patio (Unit 2)
Lot
- Lot size: 0.30 Acres
Parking
- Total spaces: 4
- Parking features: 2 stall garage,Attached,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Tornado
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,780 | $33,360 |
| Home Insurance * | $181 | $2,172 |
| Property Taxes | $682 | $8,184 |
| Electricity | $262 | $3,147 |
| Total | $3,905 | $46,860 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Contingent | $549,900 |
| 2026-08-03 | Price change | $549,900 |
| 2026-05-29 | Price change | $579,900 |
| 2026-04-02 | Listed for sale | $589,000 |
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