1522 MONROE Street, TWO RIVERS, WI 54241 | MLS #RAN50327876 | First Weber
  

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Listing provided courtesy of Shorewest, Realtorsas Distributed by MLSGrid- MLS# RAN50327876MLS Provider

1522 MONROE StreetTWO RIVERS, WI 54241

Multi-Family · 1,485 Sq. ft. | 0.16 Acres
$305,000 Active-No Offer

1522 MONROE Street Overview

Time on Site:
6 days
Visits:
1

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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1522 MONROE Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,485
  • Price/Sq.ft. $205
  • Lot 0.16 Acres

Details

General

School Information

  • School District: Two Rivers

Building Information

  • New Construction: No
  • Year Built: 1930

Location/Region

  • County Or Parish: Manitowoc

Tax Information

  • Tax Annual Amount: 2204.09

General Information

  • Municipality: City of Two Rivers
  • Exclusions: Tenants Personal Property
  • Inclusions: 2 Refrigerators, 2 Stoves, 1 Dishwasher, 2 Washers, 2 Dryers
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Zoning: Commercial

Interior

Building Information

  • Heating Fuel Type: Natural Gas
  • Number Of Air Conditioners: 0
  • Number Of Dishwashers: 1
  • Number Of Disposals: 0
  • Number Of Dryers: 2
  • Number Of Furnaces: 2
  • Number Of Ranges: 2
  • Number Of Refrigerators: 2
  • Number Of Washers: 2
  • Number Of Water Heaters: 1
  • Number Of Water Softeners: 0

Building Interior

  • Above Grade Finished Area: 1485
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor

General Information

  • Accessibility Features: Level Drive, Level Lot
  • Foundation Details: Block
  • Heating: Forced Air
  • Living Area: 1485
  • Living Area Source: Assessor

Exterior

Parking Information

  • Parking Features: Outside
  • Parking Total: 0

Lot Information

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.16
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7057
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront Features: Water View-No Deed
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Aluminum Siding, Brick

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer
  • Utilities: Sep Electric Meter

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 650
  • Beds Total: 2

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 785
  • Beds Total: 1

1522 MONROE Street Neighborhood

Community

54241 (TWO RIVERS) Demographics

46
Median Age
193
Population Density (per sq. mile)
32%
College Educated
$52,758
Estimated Median Income
4,833
Estimated Total Home Owners
1,616
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1522 MONROE Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1522 MONROE Street Market Data

Based on the last 30 days in this zip code

$276,070
Average List Price
$172
Average Price per Square Foot
24
Properties Sold
33
Average Days on Market
50
Properties for Sale
Calculations provided by Reliance Network

1522 MONROE Street History

Date Event Value Agent
6/23/2026Source: Northeast Wisconsin MLS Added to Database
June 23, 2026
6/8/2026Source: Northeast Wisconsin MLS Added to Database
June 08, 2026