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!
For sale
Price cut: $10K (5/14)
$815,000
1502 East Royall PLACE, Milwaukee, WI 53202
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1889
-- sqft lot
$799,200 Zestimate®
$--/sqft
$-- HOA
What's special
- 16 days
- on Zillow |
- 567 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: May 14, 2025 at 08:48am
Listed by:
Sam Leaf,
Sam Leaf
Source: WIREX MLS,MLS#: 1916719
Originating MLS: Metro MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Natural Gas
Appliances
- Included: Dryer, Washer, Seller Owned: Water Heater
Features
- Basement: Block,Full
- Has fireplace: No
Property
Parking
- Parking features: Indoor Space, Outdoor Space, Inside Parking, Outside
- Has garage: Yes
Lot
- Size: 3,484.8 Square Feet
Details
- Parcel number: 3550298000
- Zoning: RM7
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick/Stone, Brick, Stone, Wood Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1889
Utilities & green energy
- Water: Public
Community & HOA
Location
- Region: Milwaukee
- Municipality: Milwaukee
Financial & listing details
- Annual tax amount: $16,252
- Date on market: 5/6/2025
- Inclusions: Appliances That Are Onsite. Coin Operated Washer And Dryer! Bring In An Extra Couple Hundred Dollars Per Month In Revenue.
- Exclusions: Tenants And Owners Personal Property.
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