**Excellent Investment Opportunity** Don't miss this chance to own a two-unit property in beautiful downtown Janesville! Both units are currently occupied, providing immediate cash flow! The upper unit is a long-term tenant who wishes to stay long-term. This charming property boasts large rooms and lots of character. AC and laundry in the upper unit. Off street parking for tenants' convenience. Situated in the heart of downtown Janesville close to shopping, restaurants, entertainment, and the bus line making this multi-unit property desirable for tenants. This is the perfect addition to any investment portfolio! All showings require 24 hour notice. Closing to take place after 6/28/2025.
Closed
$190,000
551 South Main Street, Janesville, WI 53545
4beds
1,698sqft
Multi Family
Built in 1890
-- sqft lot
$199,200 Zestimate®
$112/sqft
$1,425 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 30, 2025 at 08:10pm
Listed by:
Melissa Aarstad 608-751-9700,
Zuelke Real Estate Team,
Jeff Zuelke 608-757-2862,
Zuelke Real Estate Team
Bought with:
Brian Lawton
Source: WIREX MLS,MLS#: 1999021
Originating MLS: South Central Wisconsin MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 1,698
- Total interior livable area: 1,698 sqft
Property
Parking
- Parking features: 2 Space
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,712 sqft
Details
- Parcel number: 0136300254
- Zoning: R2
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Gas Meters
Community & neighborhood
Location
- Region: Janesville
- Municipality: Janesville