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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

    **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.

    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#: 1999021MLS LogoOriginating 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
    Services availability