170 S Jackson Street, Janesville, WI 53548

Janesville
Local realty services provided by:ERA MyPro Realty
Listed by: ferraro real estate team, michael ferraro
Office: exp realty, llc.
MLS#:2033692
Source:Metro MLS
170 S Jackson Street,Janesville, WI 53548
$550,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$550,000

About this home

Turnkey 5-unit investment opportunity in Janesville with the heavy lifting already completed. Recently converted and approved by the City as a 5 unit property, the building has undergone a full operational reset. Ownership vacated the building, transitioned away from the previous management, completed turnovers and touch ups throughout every unit, and brought in a professional property management company to oversee operations moving forward. Major improvements include a newly installed sprinkler system, brand new landscaping, refreshed units, and significant attention to the overall condition and presentation of the property. Current rent roll is approximately $4,400 per month, with a target of approximately $5,600 per month once the final unit is leased. A strong opportunity for an investor looking to acquire a stabilized multifamily asset with additional income upside and without taking on an immediate renovation or management overhaul.

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Home facts

  • Year built:1850
  • Listing ID #:2033692
  • Added:1 day(s) ago
  • Updated:October 01, 2026 at 03:02 PM

Rooms and interior

  • Basement Description:Full

Heating and cooling

  • Cooling:Forced Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1850
  • Lot area:0.28 Acres
  • Construction Materials:Brick

Schools

  • High school:Parker
  • Middle school:Franklin
  • Elementary school:Wilson

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$550,000
  • Tax amount:$5,019 (2025)

Features and amenities

  • Amenities:Fire Sprinklers, Separate Electric Meters

Parking

  • Parking description:2 Car Garage, Garage - Detached, Outside
  • Garage spaces:2
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