Two-Flat with In-Unit
For Sale
$235,000
612 Yuba Street, Janesville, WI 53545
Two spacious units with original woodwork, hardwood floors, and in-unit laundry, plus a newer 2-car garage.
Property Size1,982 SF
Price / SF$118.57
Days on Market72
Property Features for 612 Yuba Street
General Information
Standard status
Active
Size
1,982 SF
Property subtype
Multi Family / 2 flat-up and down
Zoning
R2
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,596
Amenities
Partial
Natural Gas
Forced air
2 stoves, 2 Refrigerators
2
1
Vinyl
Building Details
Year Built
1900
Units
2
Tenancy
Multi
Listing Agency:
Century 21 Affiliated
(608) 289-4285
Listed By:
Tammy Cherry · License #55954-90
(608) 289-4285
Source:
Compass
Added: Jun 1
Changed: Aug 8
Last Checked: Jul 23 at 10:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Affiliated
Investment Insights
Based on property information with market context.
This two-flat offers two spacious units, each with 2 bedrooms and 1 full bathroom. Interiors include original woodwork, hardwood floors, and elegant arched doorways, creating a consistent character throughout. Both units also include in-unit laundry for added day-to-day convenience.
The property includes a newer 2-car garage constructed in 2012, along with two separate storage areas within the garage for practical overflow and organization. The roof was replaced approximately 7 years ago, providing a meaningful recent improvement.
With two residential units under one roof, this configuration can work well for owner-occupants seeking to offset their housing costs while living in one unit. Investors may also find the setup appealing as a straightforward duplex ownership structure, supported by in-unit laundry, maintained finishes, and the additional garage and storage. The combination of classic interior details and core updates offers a usable balance for tenants and buyers considering this type of residential income property at 612 Yuba Street.
The property includes a newer 2-car garage constructed in 2012, along with two separate storage areas within the garage for practical overflow and organization. The roof was replaced approximately 7 years ago, providing a meaningful recent improvement.
With two residential units under one roof, this configuration can work well for owner-occupants seeking to offset their housing costs while living in one unit. Investors may also find the setup appealing as a straightforward duplex ownership structure, supported by in-unit laundry, maintained finishes, and the additional garage and storage. The combination of classic interior details and core updates offers a usable balance for tenants and buyers considering this type of residential income property at 612 Yuba Street.
Key Highlights
- Two‑flat with 2 units, each offering 2 bedrooms and 1 full bathroom
- In‑unit laundry for each unit
- Original woodwork and hardwood floors, plus arched doorways throughout
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,285
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$365,700
$365.7K
Cap Rate 7%
$261,214
$261.2K
Cap Rate 9%
$203,167
$203.2K
Market Conditions
NOI Build-Up for 1,982 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$27.4K $13.80/SF
− Vacancy
−$1.2K −$0.62/SF
EGI
$26.1K $13.18/SF
− OpEx
−$7.8K −$3.95/SF
NOI
$18.3K $9.23/SF
Area
Rock County, WI
Vacancy
4.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$365,700
Cap Rate 7%
$261,214
Cap Rate 9%
$203,167
Alternative Uses
Best Use
Multifamily LT 5
$261.2K
$228.6K – $304.8K
NOI $18,285 @ 7.0% cap · market cap 7.78%
Second Best
Apartment 5plus
$229.6K
$200.9K – $267.9K
NOI $16,074 @ 7.0% cap · market cap 6.84%
Theoretical Best
Office A
$476.3K
$416.8K – $555.7K
NOI $33,340 @ 7.0% cap · market cap 14.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
317
Businesses Nearby
Explore this area
Business Placement
Demographics for 53545, WI
23,318
Population
11,170
Households
2.1
Avg Household Size
41
Median Age
29%
College-Educated
94%
High-School Grad
22.5 sq mi
ZIP Area
1,036
Density / Sq Mi
$70,730
Median Household Income
$42,567
Median Earnings
$1,006
Median Rent
$204,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two spacious units with original woodwork, hardwood floors, and in-unit laundry, plus a newer 2-car garage.
Where is this duplex located?
The property is located at 612 Yuba Street Janesville, WI.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two‑flat with 2 units, each offering 2 bedrooms and 1 full bathroom; In‑unit laundry for each unit; Original woodwork and hardwood floors, plus arched doorways throughout
