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1522 MONROE Street Two Rivers, WI $ 305,000
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1522 MONROE Street
$ 305,000
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1522 MONROE Street

Two Rivers, WI, 54241
$ 305,000
Baths0.0 Sq 1,485

Monthly Estimate*

$ 1,926

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Studio

Multi-Family Home for sale in Two Rivers, WI

for $305,000. This 1,485 square foot home was built in 1930 on a lot size of 0.16.

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.

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Multi-Family Active

Price

$ 305,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,204

Style

Duplex (2 Unit)

Lot Size

0.16

Year Built

1930

Town/City

Two Rivers

County/Region

Manitowoc

MLS | Web ID

50327876
Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Sep Electric Meter
Zoning Commercial
Construction Materials Aluminum Siding Brick
Exclusions Tenants Personal Property
Year Built 1930
Property Subtype Duplex
Accessibility Level Drive Level Lot
County Manitowoc
New Construction N
Property Type Residential Income
Status Active-No Offer
Directions From Hwy 42 (Memorial Dr) turn west onto Monroe St. Property on left.
City TWO RIVERS
High School District Two Rivers
Number Of Units Total 2
Lot Size Square Feet 7057
Tax Annual Amount 2204.09
Standard Status Active
Year Built Source Public Records
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Exterior
Parking Features Outside
Lot Features Corner Lot
Water Source Public
Total Parking 0
Inclusions 2 Refrigerators 2 Stoves 1 Dishwasher 2 Washers 2 Dryers
Foundation Details Block
Number of Buildings 1
Lot Size Acres 0.16
Lot Size Source Assessor
Waterfront Y/N N
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Interior
Above Grade Finished Area 1485
Below Grade Finished Area 0
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
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* Excluded Features
List By
Jessica L Baeten

Listing Agent

Shorewest, Realtors

Broker

jbaeten@shorewest.com

Email

Affordability Calculator

$2,109
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,926
Monthly Property Taxes
$184
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4473490 Elementary School
4473489 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/23/2026$305,000 Listed Price

Map

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1522 MONROE Street, Two Rivers, WI, 54241 is a Multi-Family Home for sale at $305,000 with 1,485 sqft and a lot size of 0.16. 1522 MONROE Street is a studio with 0.0 baths and was built in 1930. The property's zip code is 54241 which is in Two Rivers, WI

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