266 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#:2034932
Source:Metro MLS
266 S Jackson Street,Janesville, WI 53548
$850,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$850,000

About this home

6 unit multifamily property in Janesville, extensively renovated down to the studs with all major capital expenditures updated throughout the building. Currently, 4 of the 6 units are occupied, generating approximately $4,400/month in rental income, with projected stabilized rents of $6,600 to $7,200/month. With the major capital improvements already completed, the opportunity for the next owner lies in improving occupancy, rental rates, and overall management efficiency rather than taking on costly renovations. Tenants pay their own heat and electricity, while ownership covers water, sewer, and trash. Additional features include two sets of coin washers and dryers in the basement and covered carport parking for all six units. An opportunity to acquire a substantially renovated multifamily property with existing income and considerable operational upside. Some photos AI edited.

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Home facts

  • Year built:1900
  • Listing ID #:2034932
  • Added:3 day(s) ago
  • Updated:October 23, 2026 at 04:30 PM

Rooms and interior

  • Basement Description:Full

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1900
  • Lot area:0.2 Acres
  • Construction Materials:Vinyl
  • Foundation Description:Poured Concrete

Schools

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

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$850,000
  • Tax amount:$5,966 (2025)

Features and amenities

  • Amenities:Separate Electric Meters, Separate Gas Meters

Parking

  • Parking description:Carport, Outside
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