S
Seller's Agent in 2026
Sam Leaf
Sam Leaf
(507) 429-8042
1 in this area
7 Total Sales
1502 E Royall Place Milwaukee, WI 53202
Lower East Side Neighborhood
--
Bed
--
Bath
5,894
Sq Ft
7,841
Sq Ft Lot
About This Home
As of January 202619-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!
Property Details
Home Type
- Multi-Family
Lot Details
- 7,841 Sq Ft Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 5,894 Sq Ft Home
- Basement Fills Entire Space Under The House
Community Details
- Operating Expense $35,607
- Net Operating Income $101,193
Listing and Financial Details
- Exclusions: Tenants and Owners personal property.
- The owner pays for sewer, water, electric/public, electric-tenant, heat, gas
- Assessor Parcel Number 3550298000
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/12/2026 01/12/26 | Sold | $675,000 | -8.8% | $115 / Sq Ft |
| 12/03/2025 12/03/25 | Price Changed | $740,000 | -4.5% | $126 / Sq Ft |
| 09/11/2025 09/11/25 | For Sale | $775,000 | -- | $131 / Sq Ft |
Source: Metro MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $16,252 | $699,400 | $38,800 | $660,600 |
| 2023 | $14,251 | $603,100 | $38,800 | $564,300 |
| 2022 | $15,121 | $603,100 | $38,800 | $564,300 |
| 2021 | $14,915 | $546,100 | $38,800 | $507,300 |
| 2020 | $14,317 | $546,100 | $38,800 | $507,300 |
| 2019 | $14,962 | $474,000 | $41,000 | $433,000 |
| 2018 | $12,264 | $474,000 | $41,000 | $433,000 |
| 2017 | $11,297 | $414,000 | $41,000 | $373,000 |
| 2016 | $10,783 | $376,000 | $41,000 | $335,000 |
| 2015 | -- | $376,000 | $41,000 | $335,000 |
| 2014 | -- | $358,000 | $41,000 | $317,000 |
| 2013 | -- | $358,000 | $41,000 | $317,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sam Leaf
-
Nolan Knopf
N
Buyer's Agent in 2026
Nolan Knopf
Keller Williams Realty-Milwaukee North Shore
(262) 339-8326
1 in this area
14 Total Sales
Map
Source: Metro MLS
MLS Number: 1934859
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.
Copyright 2026 – Multiple Listing Service, Inc. – All Rights Reserved.
Nearby Homes
- 1550 E Royall Place Unit 804
- 1550 E Royall Place Unit 600
- 1550 E Royall Place Unit 502
- 1550 E Royall Place Unit 511
- 1746 N Cambridge Ave Unit 1750
- 1850 N Warren Ave
- 1749 N Prospect Ave
- 1714 E Kane Place Unit K
- 1714 E Kane Place Unit L
- 1704 E Kane Place Unit F
- 1923 N Oakland Ave
- 1920 N Farwell Ave Unit 403
- 1920 N Farwell Ave Unit 203
- 1707 N Prospect Ave Unit 11B
- 1707 N Prospect Ave Unit 4A
- 1227 E Kane Place
- 1919 N Summit Ave Unit 11C
- 1919 N Summit Ave Unit 1C
- 1919 N Summit Ave Unit 1D
- 1660 N Prospect Ave Unit 805
Your Personal Tour Guide
Ask me questions while you tour the home.