266 S Jackson Street, Janesville, WI 53548

Janesville
Local realty services provided by:Better Homes and Gardens Real Estate Special Properties
266 S Jackson Street,Janesville, WI 53548
$850,000
  • 8 Beds
  • 4 Baths
  • 4,230 sq. ft.
  • Multi-family
  • Active
Listed by: ferraro real estate team, michael ferraro
Office: exp realty, llc.
MLS#:2034932
Source:WI_WIREX_SCW

Price summary

  • Price:$850,000
  • Price per sq. ft.:$200.95

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:2 day(s) ago
  • Updated:October 22, 2026 at 02:02 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Basement Description:Full
  • Living area:4,230 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1900
  • Building area:4,230 sq. ft.
  • 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
  • Price per sq. ft.:$200.95
  • Tax amount:$5,966 (2025)

Features and amenities

  • Amenities:Separate Electric Meters, Separate Gas Meters

Parking

  • Parking description:Carport, Outside
2026 Wisconsin Real Estate Exchange (WIREX) Information deemed reliable, but not guaranteed. This information, provided by seller, listing broker, and other parties, may not have been verified. Information is provided exclusively for consumers personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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