1504/1502 East Royall Place

Milwaukee WI 53202

5894 sq. ft.

0.18 ac.

Multi-Family

Last sold for $675,000

Sam Leaf, last sold this property on 12 January 2026 after 39 days on market.

Overview

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!

Features

5894 sq. ft. floor area

0.18 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Milwaukee over the last 12 months, the estimated median property value of 1504/1502 East Royall Place is $423k.

Median value

$423k

Estimated value range

$80k - $1.1m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Milwaukee. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1504/1502 East Royall Place

2026

Sold

$675,000

12 Jan 2026 by Sam Leaf, of Sam Leaf

Happy sellers in Milwaukee

We have insufficient information to provide an overview of customer satisfaction for Milwaukee. Viewing the agent profiles, reviews and sales for Milwaukee can provide insights for this location.