Investment property available in Janesville - upper/lower duplex with $2,675 gross monthly rent(currently at $2,525/month). New roof installed August 2024. Lower unit includes 4 beds, 2 baths, rent is $1,400/mth(notice given to be at $1,500 by 1-1-25). Upper unit has 2 beds, 1 bath, rent is $1,175/mth. Month-to-month, flexibility for new owner to raise rents, change lease terms, or convert to 12 month lease with one month's notice. Tenants pay electricity/gas, owner currently pays for water/sewer and lawn/snow. Separate electric/gas meters, shared water meter. Newer siding/windows, updated electric/plumbing. Two car detached garage, each tenant has one stall. Lower unit has recently had notice of future rent increases and will be at posted numbers by 1-1-25.
Sold for $259,900
$259,900
506 S Jackson St, Janesville, WI 53548
6beds
2,241sqft
Multi Family
Built in 1900
-- sqft lot
$295,100 Zestimate®
$116/sqft
$1,690 Estimated rent
Home value
$295,100
$271,000 - $319,000
$1,690/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
John Mansur,
Mansur Real Estate LLC
Bought with:
Stephanie Will, 74741-94
First Weber Inc
Source: SCWMLS,MLS#: 1978722
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Features
- Basement: Partial
Interior area
- Total structure area: 2,241
- Total interior livable area: 2,241 sqft
Property
Parking
- Total spaces: 5
- Parking features: 2 spaces, 2 stall garage, Detached
- Garage spaces: 2
- Details: Outside
Features
- Levels: Two
Lot
- Size: 6,969 Square Feet
- Features: Near Public Transit
Details
- Parcel number: 0136300467
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters, Separate gas meters
Community & HOA
Location
- Region: Janesville
Financial & listing details
- Price per square foot: $116/sqft
- Tax assessed value: $215,500
- Annual tax amount: $3,671
- Date on market: 6/5/2024
- Listing terms: Arms Length
- Inclusions: 2 refrigerators, 2 stove/ovens
- Exclusions: Seller's and tenant's personal property
- Total actual rent: 32100
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2024 | Sold | $259,900$116/sqft |
Source: Public Record Report a problem | ||
| 9/22/2024 | Pending sale | $259,900$116/sqft |
Source:  WIREX MLS #1978722 Report a problem | ||
| 8/6/2024 | Listed for sale | $259,900$116/sqft |
Source: WIREX MLS #1978722 Report a problem | ||
| 7/24/2024 | Pending sale | $259,900-74%$116/sqft |
Source: WIREX MLS #1978722 Report a problem | ||
| 7/10/2024 | Price change | $999,600-18%$446/sqft |
Source: WIREX MLS #1978722 Report a problem | ||
| 7/1/2024 | Price change | $1,219,500-15.3%$544/sqft |
Source: WIREX MLS #1978722 Report a problem | ||
| 6/12/2024 | Price change | $1,440,000-7.7%$643/sqft |
Source: WIREX MLS #1978722 Report a problem | ||
| 6/5/2024 | Listed for sale | $1,560,000+4037.9%$696/sqft |
Source: WIREX MLS #1978722 Report a problem | ||
| 3/1/2017 | Sold | $37,700+8%$17/sqft |
Source: Public Record Report a problem | ||
| 12/13/2016 | Pending sale | $34,900$16/sqft |
Source: CENTURY 21 Affiliated #1791201 Report a problem | ||
| 12/1/2016 | Listed for sale | $34,900+132.7%$16/sqft |
Source: Century 21 Affiliated #1791201 Report a problem | ||
| 1/25/2016 | Sold | $15,000$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,327 +18.4% | $242,700 +12.6% |
| 2024 | $3,655 -0.4% | $215,500 |
| 2023 | $3,671 +13.9% | $215,500 +57.8% |
| 2022 | $3,223 -0.8% | $136,600 |
| 2021 | $3,249 +4.7% | $136,600 |
| 2020 | $3,102 +2.4% | $136,600 |
| 2019 | $3,030 +10.7% | $136,600 +30.6% |
| 2018 | $2,738 | $104,600 +15.6% |
| 2017 | $2,738 +0.7% | $90,500 |
| 2016 | $2,720 +25.9% | $90,500 |
| 2014 | $2,161 -45.6% | $90,500 |
| 2013 | $3,973 +40.4% | $90,500 |
| 2012 | $2,829 +20.4% | $90,500 +1.3% |
| 2011 | $2,350 | $89,300 +6.3% |
| 2010 | -- | $84,000 -2.6% |
| 2009 | -- | $86,200 +15.7% |
| 2008 | -- | $74,500 |
| 2007 | -- | $74,500 |
| 2006 | -- | $74,500 |
Find assessor info on the county website
Neighborhood: 53548
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Nearby schools
GreatSchools rating
- 2/10Wilson Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Franklin Middle SchoolGrades: 6-8Distance: 1.7 mi
- 3/10Parker High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Wilson
- Middle: Franklin
- High: Parker
- 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
$295,100
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$295,100
- Wisconsin
- Rock County
- Janesville
- 53548
- 506 S Jackson St
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