1522 Monroe St

Two Rivers, WI 54241

$305,000
Price
3
Beds
1,485 Sq. Ft.
$205 / Sq. Ft.
1,485
Sq. Ft.
$205
per Sq. Ft.
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Description

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...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.
  1. Listed by Jessica L Baeten • Shorewest, Realtors
    P: (920)-619-4776 jbaeten@shorewest.com

Property Details for 1522 Monroe Street

City (Mailing)
TWO RIVERS
Municipality (Formatted)
City of Two Rivers
Zoning
Commercial
Waterfront Y/N
No
LISTING UPDATED: 06/24/2026 05:33 AM

Property Details for 1522 Monroe Street

StatusActive - No Offer
MLS #50327876
Days on Market3
Taxes$2,204 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMultifamily / Duplex (2 Unit)
Year Built1930
Lot Size0.16 AC / 7,057 SF
CountyManitowoc County
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Location

Listing Courtesy of Shorewest, Realtors
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Building Information for 1522 Monroe Street

Stories-Residences2Year Built1930Building Size-Lot Size0.16 AC / 7,057 SF

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$1,704 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,520

Property Taxes

$184

HOA Dues

$0

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Property Information for 1522 Monroe Street

Summary
Location and General Information
  • County: Manitowoc
  • Address State: WI
  • Address Zip Code: 54241
  • Directions: From Hwy 42 (Memorial Dr) turn west onto Monroe St. Property on left.
  • Latitude: 44.147528
  • Longitude: -87.571752
  • Flood Plain: Unknown
Taxes and HOA Information
  • Tax Annual Amount: $2,204.09
  • Tax Year: 2025
  • Tax ID: 000-074-013-8
School Information
  • High School District: Two Rivers
Parking
  • Parking Features: Outside
  • Parking Total: 0.0
  • Total Parking Outside: 10
Property
Lot Information
  • Square Feet Finished Above Grade Established: 1485.0
  • Square Feet Finished Below Grade Established: Assessor
  • Below Grade Finished Area: 0.0
  • Source-Estimate Finished Below Grade: Assessor
  • Square Feet Total Finished Above & Below: 1485.0
  • Source-Total Finished SquareFeet: Assessor
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.16
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7057.0
  • Source Lot Sq Ft: Assessor/Public Record
  • To be built with Lot: 0
Property and Assessments
  • Restrictive Covenant: No
  • Under Construction: 0
  • Year Built: 1930
  • Year Built Source: Public Records
  • Limited Service: No
  • Limit Photos: 0
  • New Construction Y/N: No
  • Number Of Buildings: 1
  • Broker Owned: 0
  • Electronic Consent: 1
  • Contract Type: Exclusive Right To Sell
  • Named Exceptions: 0
Utilities
  • Water Features Other: Water View-No Deed
  • Sewer: Public Sewer
  • Utilities: Sep Electric Meter
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Foundation: Block
  • Exterior Finish: Aluminum Siding,Brick
  • Building Style: 2 Story,2 Up and Down
  • Accessibility Features: Level Drive,Level Lot
Interior Features
  • 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
  • Heating Fuel Type: Natural Gas
  • Lower Level Building: Full
  • Heating: Forced Air
Multi Family
Multi Family Information
  • Number Of Units Total: 2
Unit Information
Unit 1
  • Unit Type Type: Unit 1
  • Unit Type Actual Rent: $650.00
  • Unit Type Beds Total: 2
  • Bedroom1: 9x11
  • Bedroom2: 12x11
  • Electric Paid By: Tenant
  • Full Baths: 1
  • Garage Description: 2 Spaces
  • Half Baths: 0
  • Heat Paid By: Landlord
  • Kitchen: 16x13
  • Level: Upper
  • Living Great Room: 12x25
  • Location: Apt. A
  • Misc Included: Balcony/Patio,In Unit Laundry,Range/Oven,Refrigerator,Washer/Dryer,Dryer Electric,Oven Electric,Stove Electric
  • Other Room1 Description: Laundry
  • Other Room1 Fin: 4x10
  • Sq Ft Fin: 865
  • Vacancy Type: Rent
  • Water Paid By: Landlord
Unit 2
  • Unit Type Type: Unit 2
  • Unit Type Actual Rent: $785.00
  • Unit Type Beds Total: 1
  • Bedroom1: 8x11
  • Electric Paid By: Tenant
  • Full Baths: 1
  • Garage Description: 2 Spaces
  • Half Baths: 0
  • Heat Paid By: Landlord
  • Kitchen: 6x14
  • Level: Upper
  • Living Great Room: 12x26
  • Location: Apt. B
  • Misc Included: Balcony/Patio,Dishwasher,In Unit Laundry,Range/Oven,Washer/Dryer,Refrigerator,Dryer Electric,Oven Electric,Stove Electric
  • Sq Ft Fin: 620
  • Vacancy Type: Rent
  • Water Paid By: Landlord

Property History for 1522 Monroe Street

DateEvent & SourcePriceAppreciation
Sep 5, 2014

Sold (Public Record)

Public Record #434767750

$50,000—
DateEvent & SourcePrice
09/05/2014

Sold (Public Record)

Public Record #434767750

$50,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1522 Monroe Street

Taxable ValueLand$21,000Additions$97,300Total$118,300
Tax Record2025$2,204 ($184 / month)
Home Facts
Total Finished SqFt5,495 SqFtAbove Grade Finished SqFt5,495 SqFtStories2Lot Size7,057 SqFtStyleMiscellaneous CommercialYear Built1930ZoningB1CountyMANITOWOCAPN53-000-074-013.08

Schools near 1522 Monroe Street

This home is within Two Rivers Public School District.
Rating
School
Type
Grades
Distance
Koenig Elementary School
Public - PK to 4
Clarke Middle School
Public - 5 to 8
Two Rivers High School
Public - 9 to 12
Magee Elementary School
Public - PK to 4
Rating
School
Distance
Koenig Elementary School
PublicPK to 4

Clarke Middle School
Public5 to 8

Two Rivers High School
Public9 to 12

Magee Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1522 Monroe Street, Two Rivers, WI 54241

1522 Monroe Street is a multi-family home for sale in Two Rivers, WI 54241. This property was listed for sale on June 23, 2026 by Shorewest, Realtors, it's currently listed at $305,000. It has been on the market for a total of 3 days and was last sold on September 5, 2014. This listing's school district is Two Rivers Public School District. Nearby schools include Koenig Elementary School, Clarke Middle School and Two Rivers High School. 1522 Monroe Street is a 3-bed, 2-bath, 1,485 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Shorewest, Realtors

Based on information submitted to the MLS GRID as of 06/24/2026 05:33 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.