$305,000
Unlock Price Rating!

1522 Monroe Street, Two Rivers, WI 54241

 Contact
3 Beds
2 Baths
1,485 Sq Ft

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 By: Jessica Baeten - Shorewest, Realtors PREF: 920-619-4776WIREX Realty.com
  • MLS# 715682675804
  • Date Listed06/23/2026
  • Bedrooms 3
  • Bathrooms 2 Full baths
  • Lot Size 0.16 acres (6,970 sq. ft)
  • Sewer Public Sewer
  • Property Type Multi Family
  • County MANITOWOC
  • Year Built 1930
  • Water Public
  • Square Feet 1,485 sq. ft
  • Price Per Sq. Ft $205.39

Interior Features

  • Heating Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.16
  • Lot Size SQFT 6,969.60
  • Lot Features Level

Directions

From Hwy 42 (Memorial Dr) turn west onto Monroe St. Property on left.

Financial Considerations

  • Tax Amount $2,204
  • Terms Cash, Conventional, FHA, VA Loan

Schools near 54241

Explore the local neighborhood highlights and top-rated schools near 54241 in Two Rivers, WI.

Nearby Schools

Source: School Digger

Koenig Elementary School

Public • PK - 4 • Serves this home

0.96 mi

Distance

Lighthouse Learning Academy

Public • PK - 12

3.36 mi

Distance

Clarke Middle School

Public • 5 - 8 • Serves this home

3.51 mi

Distance

Two Rivers High School

Public • 9 - 12 • Serves this home

3.36 mi

Distance

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 54241

Discover key demographics, population statistics, and environmental insights for the Two Rivers, WI area.

Population & Environment

Source: Sperling's Best Places

Walkability in WI / 54241

Source: Walk Score

71/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

59/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 31/100.

Points of Interest near 1522 MONROE STREET, Two Rivers, WI 54241

Frequently Asked Questions for 1522 MONROE STREET

Source: Realty.com

1522 MONROE STREET, Two Rivers, WI 54241 in Two Rivers, WI 54241 is a multi family listed at $305,000. Highlights include 3 bedrooms, 2 bathrooms, 1,485 sq. ft., built in 1930, 0.16 acre lot, $205 per sq. ft.. Realty.com has 27 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 27 photos of 1522 MONROE STREET.

Our records indicate that 1522 MONROE STREET was built in 1930.

The full address for this home is 1522 MONROE STREET, Two Rivers, WI 54241.

1522 MONROE STREET has been listed on Realty.com since Tue June 23, 2026

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 31/100.

There are 3 schools assigned to this home. Check out the schools near 1522 MONROE STREET. Koenig Elementary School (Grades: PK - 4), Clarke Middle School (Grades: 5 - 8), Two Rivers High School (Grades: 9 - 12)

Listing provided courtesy of: Shorewest, Realtors (tel: 920-593-4100)
Listing agent: Jessica Baeten (tel: 920-619-4776) (#801371863806)

This content last refreshed on 2026-08-16 21:44:46. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.