324 Caroline St offers a great opportunity for investors seeking a 3-unit rental property in Janesville, WI. This well-maintained building is professionally managed and currently in serviceable condition, with potential for improvements that could increase its value and rental income. The property consists of three individual units, each with its own rental income stream with a total rent roll of $2,155 per month, this property provides stable, consistent cash flow. While the property is in good condition, there is plenty of room for upgrades to enhance its appeal and overall profitability. Whether you're an experienced investor or new to real estate, 324 Caroline St presents a solid investment opportunity.
Sold for $175,000
$175,000
324 Caroline St, Janesville, WI 53545
3beds
1,437sqft
Multi Family
Built in 1873
-- sqft lot
$191,100 Zestimate®
$122/sqft
$1,392 Estimated rent
Home value
$191,100
$170,000 - $214,000
$1,392/mo
Zestimate® history
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$1,392/mo
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$1,392/mo
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$1,225/mo
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$1,225/mo
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Zillow last checked:
Listing updated:
Listed by:
Brian Lawton,
EXIT Realty HGM
Bought with:
Kevin A DeLap, 60002-90
Fathom Realty, LLC
Source: SCWMLS,MLS#: 1990060
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Other, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3)
Appliances
- Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3)
Features
- Eat In Kitchen (Unit 1), Family/Rec Room (Unit 1), Eat In Kitchen (Unit 2), Family/Rec Room (Unit 2), Eat In Kitchen (Unit 3), Family/Rec Room (Unit 3)
- Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2), Wood or Simulated Wood (Unit 3)
- Basement: Partial
Interior area
- Total structure area: 1,437
- Total interior livable area: 1,437 sqft
Property
Parking
- Total spaces: 4
- Parking features: 2 spaces, 2 stall garage, Detached, Outside
- Garage spaces: 2
- Details: Outside
Features
- Levels: Two
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 241 0125300259
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Other
Condition
- Year built: 1873
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters
Community & HOA
Location
- Region: Janesville
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $114,900
- Annual tax amount: $1,927
- Date on market: 11/27/2024
- Listing terms: Arms Length
- Inclusions: 3 stove/range, 3 refrigerators
- Exclusions: Tenant and sellers personal property
- Total actual rent: 25860
Price history
| Date | Event | Price |
|---|---|---|
| 1/3/2025 | Sold | $175,000$122/sqft |
Source: Public Record Report a problem | ||
| 12/3/2024 | Pending sale | $175,000$122/sqft |
Source:  WIREX MLS #1990060 Report a problem | ||
| 11/27/2024 | Listed for sale | $175,000+118.8%$122/sqft |
Source: WIREX MLS #1990060 Report a problem | ||
| 7/19/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/10/2024 | Listed for rent | $695+6.9% |
Source: Zillow Rentals Report a problem | ||
| 6/4/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/23/2024 | Listed for rent | $650-8.5% |
Source: Zillow Rentals Report a problem | ||
| 1/26/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/23/2024 | Listed for rent | $710+15.4% |
Source: Zillow Rentals Report a problem | ||
| 8/3/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/26/2023 | Listed for rent | $615 |
Source: Zillow Rentals Report a problem | ||
| 10/9/2020 | Sold | $80,000-35.9%$56/sqft |
Source: SCWMLS #1876728 Report a problem | ||
| 8/18/2020 | Pending sale | $124,900$87/sqft |
Source: EXIT Realty HGM #1876728 Report a problem | ||
| 4/7/2020 | Price change | $124,900-3.2%$87/sqft |
Source: EXIT Realty HGM #1876728 Report a problem | ||
| 2/13/2020 | Listed for sale | $129,000+72%$90/sqft |
Source: EXIT Realty HGM #1876728 Report a problem | ||
| 7/11/2018 | Sold | $75,000-6.3%$52/sqft |
Source: Public Record Report a problem | ||
| 6/16/2018 | Pending sale | $80,000$56/sqft |
Source: Right Choice Realty #1829224 Report a problem | ||
| 5/2/2018 | Listed for sale | $80,000+19.4%$56/sqft |
Source: Right Choice Realty #1829224 Report a problem | ||
| 5/11/2007 | Sold | $67,000$47/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,535 +32.2% | $143,800 +25.2% |
| 2024 | $1,917 -0.5% | $114,900 |
| 2023 | $1,927 +8.9% | $114,900 +50.8% |
| 2022 | $1,770 -6% | $76,200 |
| 2021 | $1,883 +10.5% | $76,200 |
| 2020 | $1,704 +2.4% | $76,200 |
| 2019 | $1,664 +8.4% | $76,200 +27.9% |
| 2018 | $1,535 | $59,600 |
| 2017 | $1,535 +3.3% | $59,600 |
| 2016 | $1,486 +5.9% | $59,600 |
| 2014 | $1,402 -1.8% | $59,600 |
| 2013 | $1,428 +1.4% | $59,600 |
| 2012 | $1,408 -1.1% | $59,600 |
| 2011 | $1,423 | $59,600 +0.5% |
| 2010 | -- | $59,300 |
| 2009 | -- | $59,300 |
| 2008 | -- | $59,300 -11.4% |
| 2007 | -- | $66,900 |
| 2006 | -- | $66,900 |
Find assessor info on the county website
Neighborhood: 53545
Nearby homes
- $--1 bd1 ba525 sqft324 Caroline St APT 3, Janesville, WI 53545Off Market
- $211,7004 bd2 ba1.6k sqft318 Caroline St, Janesville, WI 53545Off Market
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- $213,9003 bd1 ba1.3k sqft325 Caroline St, Janesville, WI 53545Off Market
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Nearby schools
GreatSchools rating
- 5/10Adams Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10Franklin Middle SchoolGrades: 6-8Distance: 1.6 mi
- 3/10Parker High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Adams
- Middle: Marshall
- High: Craig
- District: Janesville
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$191,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$191,100
- Wisconsin
- Rock County
- Janesville
- 53545
- 324 Caroline St
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