$305,000

1522 Monroe St Two Rivers, WI 54241

Estimated payment $1,822/month

Total Views 2,152
3 Beds
2 Baths
1,485 Sq Ft
$205 Price per Sq Ft

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • 4-minute walk to Vets Park

About This Home

Income-producing multifamily/commercial investment opportunity in Two Rivers! Located on a corner lot along the West Twin River, this property offers excellent visibility, river views, and strong potential for investors or owner-occupants. Features include 1800 sqft of commercial/retail space & office area. Ample parking and two upper apartments: a 2BR/1BA and 1BR/1BA, both with in-unit laundry. Commercial space rents for $1,000/month with a 1-year lease. Residential units include Unit A (2BR) at $650/month and Unit B (1BR) at $785/month. Updates include electrical, plumbing, gas lines, and 1BR renovations. Offering an 8% cap rate with strong cash flow potential. Close to shopping, restaurants, marinas, parks, and Lake Michigan beaches.

Listing Agent

Jessica Baeten

Shorewest, Realtors Brokerage Phone: 920-619-4776 License #94-95937 Listed on: 06/22/2026

Shorewest, Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,204

Year Built

  • 1930

Lot Details

  • 7,057 Sq Ft Lot
  • Corner Lot

Parking

  • 10 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,485 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,204

Year Built

1930

Lot Details

7,057 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Type: Duplex (2 Unit)
  • Stylebuilding Type: 2 Story, 2 Up and Down
  • Tax Municipality: Two Rivers, City of
  • Remarks Exclusions Public: Tenants Personal Property
  • Remarks Inclusions Public: 2 Refrigerators, 2 Stoves, 1 Dishwasher, 2 Washers, 2 Dryers
  • Total Units: 2
  • Unit Identifier: City of Two Rivers
  • Remarks Public: Income-producing multifamily/commercial investment opportunity in Two Rivers! Located on a corner lot along the West Twin River, this property offers excellent visibility, river views, and strong potential for investors or owner-occupants. Features include 1800 sqft of commercial/retail space & office area. Ample parking and two upper apartments: a 2BR/1BA and 1BR/1BA, both with in-unit laundry. Commercial space rents for $1,000/month with a 1-year lease. Residential units include Unit A (2BR) at $650/month and Unit B (1BR) at $785/month. Updates include electrical, plumbing, gas lines, and 1BR renovations. Offering an 8% cap rate with strong cash flow potential. Close to shopping, restaurants, marinas, parks, and Lake Michigan beaches.
  • Tax Municipal Sub Area: None
  • Water Features Other: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Source Total Fin Sq Ft: Assessor/Public Record
  • Sq Ft Fin Above Grade Est: 1485
  • Sq Ft Total Fin Above And Below: 1485

Exterior Features

  • Other Water Features: Water View-No Deed
  • Exterior Finish Of Building: Aluminum/Steel, Brick
  • Foundation For Building: Block

Garage/Parking

  • Number Of Total Parking Outside: 10
  • Building Parking: Outside

Utilities

  • Utilities: Sep Elec Meters/Unit
  • Heating Cooling: Forced Air
  • Heating Fuel Type: Natural Gas
  • Number Of Furnaces: 2
  • Number Of Water Heaters: 1
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water

Lot Info

  • Estimated Acres: 0.16
  • Flood Plain: Unknown
  • Lot Description: Corner
  • Estimated Lot Sq Ft: 7057
  • Source Lot Sq Ft: Assessor/Public Record
  • Zoning: Commercial
  • Geo Address Line: 1522 Monroe St
  • Geo Primary City: Two Rivers
  • Geo Quality: 0.95
  • Geo Subdivision: WI

Tax Info

  • Assessor Parcel Number: 000-074-013-8
  • Tax Net Amt: 2204.09

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Washers: 2
  • Total Numberof Buildings: 1
  • Bedrooms: 2

MLS Schools

  • School District: Two Rivers

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/22/2026 06/22/26 For Sale $305,000 -- $205 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50327876

REALTORS® Association of Northeast Wisconsin
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