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$209,900
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Property Description
Great first investment property! Whether an owner occupied or full rental property, this 2 flat is a great way to get started in investing. This property features a new boiler for the lower unit, 2 brand new water heaters, 3 new stairs and balcony, partial roof replacement, newer vinyl windows upstairs, along with fresh paint, and new carpet! The split back yard is great for tenants! Located near a vibrant downtown Janesville, this property wont last long! Call or text to get your showing today! -Showings need 24 hour minimum notice. Lower can only bee shown 4:30-7 during the week, and 9-5 on weekends. Upper can be seen at any time.
Full Property Details
Full Property Details for 515 N Pearl St
General
- Price: $209,900
- Taxes: $2,397 (2025)
- Status: Active
- Type: Multi-Family
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2023631
- Updated: 6/26/2026
- Added to Site: 55 day(s) ago
Interior
- Interior Features: High-Speed Internet
Parking
- Parking Features: 2 Spaces
Location
- Municipality: Janesville
- County: Rock
- Driving Directions: From 51(N. Parker Drive) to west across Memorial bridge, to left on North Pearl Street. Across from the hospital.
School Information
- School District: Janesville
- Elementary School: Call School District
- Middle School: Call School District
- High School: Parker
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Radiant/Electric
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: 2 Stories
- Exterior Const.: Vinyl
- Basement Desc.: Partial
- Year Built: 1890
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 852
- Bedrooms: 2
Unit 2
- Square Feet: 659
- Bedrooms: 1
- Primary Bedroom: Upper Level
- Living Room: Upper Level, 13 x 13,
- Kitchen: Upper Level, 13 x 10,
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: R2
Financial Considerations
- Tax Amount: $2,397
- Tax Year: 2025
Disclosures and Reports
- Inclusions: 2 refrigerators, 2 ranges
Listed by Walker Realty Group, LLC
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Schools
Schools serving 515 N Pearl St
School District:Janesville School District
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Janesville, WI 811 North Pine Street, Janesville, WI 53548 | PK-5 | 0.4 mi |
Franklin Middle School, Janesville, WI 450 North Crosby Avenue, Janesville, WI 53548 | 6-8 | 0.7 mi |
Parker High School 3125 Mineral Point Avenue, Janesville, WI 53548 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 515 N Pearl St
Date
Details
Price
Change
Source
6/26/2026
Price Reduced
$209,900
-4.55%
MLS
5/19/2026
Listed
$219,900
131.47%
MLS
1/20/2025
Sold
$95,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 515 N Pearl St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,398
5%
$136,200
—
2024
$2,285
-1%
$136,200
—
2023
$2,297
12%
$136,200
55%
2022
$2,046
-1%
$87,700
—
2021
$2,062
7%
$87,700
—
2019
$1,924
11%
$87,700
31%
2018
$1,732
7%
$67,000
3%
2017
$1,623
2%
$64,900
—
2016
$1,596
4%
$64,900
—
2015
$1,533
—
$64,900
—
2014
$1,533
-2%
$64,900
—
2013
$1,561
1%
$64,900
—
2012
$1,539
—
$64,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 515 N Pearl St
515 N Pearl Street, Janesville, WI 53548 (MLS# 2023631) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 515 N Pearl Street is currently listed for $209,900 and was received on May 19, 2026. Want to learn more about 515 N Pearl Street? Do you have questions about finding other Multi-Family real estate for sale in Janesville? You can browse all Janesville real estate or contact a Coldwell Banker agent to request more information.

