Active-no offer

$305,000

1522 Monroe St, Two Rivers, WI 54241

3beds

2baths

1,485sqft

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Duplex

Built in 1930

-- sqft lot

$-- Zestimate^®

$205/sqft

$-- HOA

What's special

Two upper apartmentsAmple parkingRiver viewsCorner lot

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.

3 days

257

10

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Forced Air

Cooling

Forced Air

Interior area

Total interior livable area: 1,485 sqft
Finished area above ground: 1,485
Finished area below ground: 0

Property

Parking

Parking features: Outside

Accessibility

Accessibility features: Level Drive, Level Lot

Lot

Size: 6,969 Square Feet
Features: Corner Lot

Details

Parcel number: 0000740138
Zoning: Commercial

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Aluminum Siding, Brick
Foundation: Block

Condition

New construction: No
Year built: 1930

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sep Electric Meter

Community & HOA

Location

Region: Two Rivers

Financial & listing details

Price per square foot: $205/sqft
Tax assessed value: $101,700
Annual tax amount: $2,204
Date on market: 6/23/2026
Inclusions: 2 Refrigerators, 2 Stoves, 1 Dishwasher, 2 Washers, 2 Dryers
Exclusions: Tenants Personal Property

Estimated market value

Not available

Estimated sales range

Not available

$1,646/mo

Price history

Date	Event	Price
6/23/2026	Listed for sale	$305,000$205/sqft
Source: RANW as distributed by MLS GRID #50327876 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2019	$2,081	$101,700
2018	$2,081 -0.3%	$101,700 +25.1%
2017	$2,088 -0.3%	$81,300 +0.5%
2016	$2,094	$80,900

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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