19-unit Rooming house that has potential to produce over $10k per month in gross income. Fantastic Eastside location close to Brady Street and public transit. Most rooms have their own private kitchen. 3 Garage parking Spaces, 3 outdoor parking spaces. The property has been run as a licensed rooming house since the 1960s. Currently, still being run as a rooming house. Management has retired and ownership is looking to sell. City has property assessed at $1,186,700. Create equity right away!
Closed
$675,000
1502 East Royall PLACE #1504, Milwaukee, WI 53202
--beds
--baths
--sqft
Multi Family
Built in 1889
-- sqft lot
$700,000 Zestimate®
$--/sqft
$1,543 Estimated rent
Home value
$700,000
$637,000 - $770,000
$1,543/mo
Zestimate® history
Owner options
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$1,543/mo
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$1,543/mo
Rent Zestimate®
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$3,816/mo
Est. payment
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$3,816/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Sam Leaf,
Sam Leaf
Bought with:
Nolan Knopf
Source: WIREX MLS,MLS#: 1934859
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas
Appliances
- Included: Dryer, Washer
Features
- Basement: Brick,Full
- Has fireplace: No
Property
Parking
- Parking features: Indoor Space, Outdoor Space, Inside Parking, Outside
- Has garage: Yes
Lot
- Size: 7,840 sqft
Details
- Parcel number: 3550298000
- Zoning: RM7
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick/Stone, Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1889
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Milwaukee
- Municipality: Milwaukee
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2026 | Sold | $675,000-8.8% |
Source:  WIREX MLS #1934859 Report a problem | ||
| 12/15/2025 | Contingent | $740,000 |
Source: WIREX MLS #1934859 Report a problem | ||
| 12/3/2025 | Price change | $740,000-4.5% |
Source: WIREX MLS #1934859 Report a problem | ||
| 9/11/2025 | Listed for sale | $775,000+4.7% |
Source: WIREX MLS #1934859 Report a problem | ||
| 4/16/2024 | Listing removed | -- |
Source: WIREX MLS #1849133 Report a problem | ||
| 2/28/2024 | Pending sale | $739,900 |
Source: WIREX MLS #1849133 Report a problem | ||
| 10/6/2023 | Price change | $739,900-7.5% |
Source: WIREX MLS #1849133 Report a problem | ||
| 9/5/2023 | Listed for sale | $799,900 |
Source: WIREX MLS #1849133 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Lower East Side
Nearby schools
GreatSchools rating
- 6/10Cass Street SchoolGrades: PK-8Distance: 0.6 mi
- 4/10Riverside University High SchoolGrades: 9-12Distance: 1.1 mi
- 3/10Lincoln Center of the ArtsGrades: 6-8Distance: 0.7 mi
Schools provided by the listing agent
- District: Milwaukee
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$700,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$700,000
- Wisconsin
- Milwaukee County
- Milwaukee
- 53202
- Lower East Side
- 1502 East Royall PLACE Unit 1504
Nearby cities
Nearby neighborhoods
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