1522 MONROE STREET, Two Rivers, WI 54241

Two Rivers
Local realty services provided by:Better Homes and Gardens Real Estate Power Realty
Listed by: jessica baeten
Office: shorewest, realtors
MLS#:50327876
Source:Metro MLS
1522 MONROE STREET,Two Rivers, WI 54241
$305,000
  • - Beds
  • - Baths
  • 1,485 sq. ft.
  • Multi-family
  • Active

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:1 day(s) ago
  • Updated:June 27, 2026 at 07:57 PM

Rooms and interior

  • Basement Description:Full
  • Living area:1,485 sq. ft.

Heating and cooling

  • Cooling:Forced Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1930
  • Building area:1,485 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Level
  • Construction Materials:Aluminum/Steel, Brick
  • Exterior Features:Porch
  • Foundation Description:Block
  • Levels:2 Story, Bi-Level

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

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

Features and amenities

  • Amenities:Separate Electric Meters

Parking

  • Parking description:Outside
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