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1522 Monroe Street, Two Rivers, WI 54241

Two Rivers
Local realty services provided by:CENTURY 21 Ace Realty
1522 Monroe Street,Two Rivers, WI 54241
$305,000
  • - Beds
  • - Baths
  • 1,485 sq. ft.
  • Multi-family
  • Active
Listed by: jessica baeten
Office: shorewest, realtors
MLS#:50327876
Source:WI_WIREX_RANW

Price summary

  • Price:$305,000
  • Price per sq. ft.:$205.39

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.

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Home facts

  • Year built:1930
  • Listing ID #:50327876
  • Added:3 day(s) ago
  • Updated:June 27, 2026 at 12:28 PM

Rooms and interior

  • Living area:1,485 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1930
  • Building area:1,485 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Corner Lot
  • Construction Materials:Brick
  • Foundation Description:Block

Finances and disclosures

  • Price:$305,000
  • Price per sq. ft.:$205.39
  • Tax amount:$2,204

Parking

  • Parking description:Outside
2026 Wisconsin Real Estate Exchange (WIREX) Information deemed reliable, but not guaranteed. This information, provided by seller, listing broker, and other parties, may not have been verified. Information is provided exclusively for consumers personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. WI_WIREX_RANW Member Broker: Brittany Voigt

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