Caitlin Dennis
Shorewest Realtors, Inc.
(262) 440-9745
139 Total Sales
1 in Lower East Side
$206,000 Price
1502 E Royall Place Milwaukee, WI 53202
Lower East Side Neighborhood
20
Beds
4
Baths
5,894
Sq Ft
7,841
Sq Ft Lot
Highlights
- 0.18 Acre Lot
- Golda Meir School Rated A-
- Property is near public transit
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!
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Property Details
Home Type
- Multi-Family
Lot Details
- 7,841
Parking
- Outside Parking
Home Design
- 5,894 Sq Ft Home
- Brick Exterior Construction
Basement
- Basement Fills Entire Space Under The House
- Brick Basement
Additional Features
- 7,841 Sq Ft Lot
- Property is near public transit
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2025
Closed on
Jan 12, 2026
Sold by
Leaf Property Investments Llc
Bought by
Seller's Agent
Sam Leaf
Sam Leaf
Buyer's Agent
Nolan Knopf
Keller Williams Milwaukee North Shore
List Price
$775,000
Sold Price
$675,000
Premium/Discount to List
-$100,000
-12.9%
Views
72
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lower East Side, WI
-
Caitlin Dennis
-
Brian Patt
Brian Patt
Keller Williams Milwaukee North Shore
(262) 440-9116
35 Total Sales
1 in Lower East Side
$181,705 Price
-
May Vang
May Vang
Premier Point Realty LLC
(414) 966-7920
72 Total Sales
1 in Lower East Side
$259,900 Price
-
Crystal Venegas
Crystal Venegas
Baird & Warner
(847) 238-9329
64 Total Sales
1 in Lower East Side
$602,500 Price
-
Bill Minett
Bill Minett
The Real Estate Company Lake & Country
(262) 500-4104
126 Total Sales
1 in Lower East Side
$345,000 Price
-
Brittany Martell
Brittany Martell
Shorewest Realtors, Inc.
(262) 333-5815
179 Total Sales
1 in Lower East Side
$380,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Knight Barry Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,606,893 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $24,959 | $1,186,700 | $38,800 | $1,147,900 |
| 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
SL
Seller's Agent in 2026
Sam Leaf
Sam Leaf
(507) 429-8042
1 in this area
7 Total Sales
-
Nolan Knopf
NK
Buyer's Agent in 2026
Nolan Knopf
Keller Williams Milwaukee North Shore
(262) 339-8326
1 in this area
19 Total Sales
Map
Source: Metro MLS
MLS Number: 1934859
APN: 355-0298-000-7
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.
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