Sold
416 Cornelia Street, Janesville
$222,000
MLS® # 2016020, 1 day, Sold
551 S Main Street, Janesville
$190,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
**Excellent Investment Opportunity** Don't miss this chance to own a two-unit property in beautiful downtown Janesville! Both units are currently occupied, providing immediate cash flow! The upper unit is a long-term tenant who wishes to stay long-term. This charming property boasts large rooms and lots of character. AC and laundry in the upper unit. Off street parking for tenants' convenience. Situated in the heart of downtown Janesville close to shopping, restaurants, entertainment, and the bus line making this multi-unit property desirable for tenants. This is the perfect addition to any investment portfolio! All showings require 24 hour notice. Closing to take place after 6/28/2025.
Zuelke Real Estate Team.
Essential Information
Status Sold
Detailed Status Sold 6/30/2025
Days on Market 12
MLS® # 1999021
Price $190,000
Year Built 1890
Type Multi Family
Assessed Value $154,900
Year Assesed 2024
Net Taxes $2,676
Tax Year 2024
Total Income $24,000
Utilities Separate gas meters
Parking Per Unit 2 spaces
Exterior Wood
Community Information
Address 551 S Main Street
MLS® Area JANESVILLE - C
City Janesville
County Rock
State WI
Zip Code 53545
School Information
Property Overview
2 Bedroom Units 2
Total Units 2
# of Water Heaters 2
Heat Fuel Natural Gas
# of Stoves 2
# of Refrigerators 2
# of Dishwashers 1
Units with AC 1
# of Washers 1
# of Dryers 1
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 05/31/2026
Monthly Rent $900
Square Feet 731
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 12/31/2025
Monthly Rent $1,100
Square Feet 967
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Additional Information
Zoning R2
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Offer-Show to Sold
Map Views
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DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data provided by the South Central Wisconsin MLS as of 02/15/2026.
Copyright 2026 – (South Central Wisconsin MLS) – All Rights Reserved