170 S Jackson Street, Janesville, WI 53548
Local realty services provided by:Better Homes and Gardens Real Estate Special Properties
Listed by: ferraro real estate team, michael ferraro
Office: exp realty, llc.
MLS#:2033692
Source:Metro MLS
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 $4,400 per month, with a target of approximately $5,600 per month once the final unit is leased. 4/5 units 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:5 day(s) ago
- Updated:October 06, 2026 at 04:46 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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