Investment property available in Janesville - upper/lower duplex with $2,100 gross monthly rent. Lower unit has 4 bedrooms, 1 full bath, rent is $1,275/month, lease expires end of May 2025. Upper unit has 1 bedroom, 1 full bath, rent is $825/month, month-to-month lease. 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 for electricity and gas and owner currently pays for water/sewer and lawn/snow. Separate electric and gas meters, shared water meter. Roof/siding/windows new in 2018, updated electric and plumbing. Notice was given to the upper unit that rent is increasing from $775 to $825 on September 1st, 2024.
Sold for $198,000
$198,000
520 S Franklin St, Janesville, WI 53548
5beds
1,636sqft
Multi Family
Built in 1880
-- sqft lot
$225,300 Zestimate®
$121/sqft
$1,571 Estimated rent
Home value
$225,300
$212,000 - $241,000
$1,571/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
John Mansur,
Mansur Real Estate LLC
Bought with:
Brian D Montrey, 58919-90
Realty Executives Cooper Spransy
Source: SCWMLS,MLS#: 1980594
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2)
Cooling
- Air Conditioning (Unit 1), Air Conditioning (Unit 2)
Appliances
- Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2)
Features
- Eat In Kitchen (Unit 1), Pantry ((Unit 1), Shared basement, Dining Room (Unit 2)
- Flooring: Wood or Simulated Wood (Unit 1)
- Basement: Full
Interior area
- Total structure area: 1,636
- Total interior livable area: 1,636 sqft
Property
Parking
- Total spaces: 4
- Parking features: Outside
- Details: Outside
Features
- Levels: Two
Lot
- Size: 6,098 Square Feet
- Features: Near Public Transit
Details
- Parcel number: 241 0136300519
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Other
Condition
- Year built: 1880
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: $121/sqft
- Tax assessed value: $143,800
- Annual tax amount: $2,492
- Date on market: 7/1/2024
- Listing terms: Arms Length
- Inclusions: 2 refrigerators, 2 stove/ovens
- Exclusions: Seller's and tenant's personal property
- Total actual rent: 25200
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2024 | Sold | $198,000-1%$121/sqft |
Source: Public Record Report a problem | ||
| 7/9/2024 | Pending sale | $199,900$122/sqft |
Source:  WIREX MLS #1980594 Report a problem | ||
| 7/1/2024 | Listed for sale | $199,900+399.8%$122/sqft |
Source: WIREX MLS #1980594 Report a problem | ||
| 2/6/2018 | Sold | $40,000+33.8%$24/sqft |
Source: Public Record Report a problem | ||
| 10/9/2017 | Listing removed | $550 |
Source: RED E 2 Property Management LLC Report a problem | ||
| 9/18/2017 | Listed for rent | $550 |
Source: Zillow Rental Network Report a problem | ||
| 1/8/2011 | Listing removed | $29,900$18/sqft |
Source: The Realty Group of South Central Wisconsin LLC #1606585 Report a problem | ||
| 12/17/2010 | Listed for sale | $29,900-32.8%$18/sqft |
Source: The Realty Group of South Central Wisconsin LLC #1606585 Report a problem | ||
| 10/8/2010 | Listing removed | $44,500$27/sqft |
Source: The Realty Group of South Central Wisconsin LLC #1606585 Report a problem | ||
| 9/25/2010 | Listed for sale | $44,500-63.1%$27/sqft |
Source: The Realty Group of South Central Wisconsin LLC #1606585 Report a problem | ||
| 8/26/2010 | Sold | $120,525$74/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,909 +20.4% | $164,400 +14.3% |
| 2024 | $2,417 -0.5% | $143,800 |
| 2023 | $2,428 +14.6% | $143,800 +58.5% |
| 2022 | $2,119 -0.8% | $90,700 |
| 2021 | $2,135 +4.7% | $90,700 |
| 2020 | $2,039 -0.8% | $90,700 -3% |
| 2019 | $2,055 +6.6% | $93,500 +25.8% |
| 2018 | $1,928 | $74,300 |
| 2017 | $1,928 -13.9% | $74,300 |
| 2016 | $2,238 +26.9% | $74,300 |
| 2014 | $1,763 -1.8% | $74,300 |
| 2013 | $1,796 +1.4% | $74,300 |
| 2012 | $1,772 -17.3% | $74,300 -15.9% |
| 2011 | $2,141 | $88,300 +11.6% |
| 2010 | -- | $79,100 |
| 2009 | -- | $79,100 |
| 2008 | -- | $79,100 +0.9% |
| 2007 | -- | $78,400 |
| 2006 | -- | $78,400 |
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: 1.8 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
$225,300
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Estimated market value
$225,300
- Wisconsin
- Rock County
- Janesville
- 53548
- 520 S Franklin St
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