$8,016 Closing Credit¹
#1920900, Ender Chuc, Listing office: Realty ONE Group Boardwalk
$765,000 List price
1502 E Royall Pl Milwaukee, WI 53202
$9,084
Closing credit¹
0.08 acres
Multi-Family
Property details
About 1502 E Royall Pl
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!
Highlights
Home typeMulti Family
HeatingNatural Gas
StatusActive
BasementYes
Lot size0.08 Acres
Year built1889
ParkingIndoor Space, Outdoor Space,Inside Parking,Outside
MLS #1916719
Summary
- Appliances: Dryer, Washer, Water Heater
- Basement: Yes
- Parking: Indoor Space, Outdoor Space,Inside Parking,Outside
- Heating: Natural Gas
- List Price: $765,000
- Year Built: 1889
- Municipality: Milwaukee
- Lot Size: 0.08 Acres
- MLS Number: 1916719
- MLS Name: WIREX_METRO
- Office Name: Sam Leaf
- Office Phone: (507) 429-8042
- Office Email: samjleaf@gmail.com
- Listing Agent: Sam Leaf
© 2025 WIREX - All Rights Reserved.
Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 4:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$765,000
1502 E Royall Pl
$9,084
closing credit¹
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Seller rebate
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Price information
Property sales
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Tax history
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Nearby schools
2
Riverwest Elementary School
Public District PK-5
1.1 mi
•2765 N Fratney St
2
Elm Creative Arts Elementary School
Public District PK-5
1.6 mi
•900 W Walnut St
2
Fratney Elementary School
Public District PK-5
1.7 mi
•3255 N Fratney St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,024. Residents of Milwaukee, WI typically earn less than $<35k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
58%
<35k
28%
35k-100k
11%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
89%
Single, No Kids
2%
Single, with Kids
7%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
1%
12-17 yrs old
60%
18-34 yrs old
28%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Hiking/backpacking
Where do the neighbors shop?
H&M
Banana Republic
Bloomingdales
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Starbucks
What do the neighbors drive?
Volkswagen
Toyota
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1502 E Royall Pl
The listing price of 1502 E Royall Pl property is $765,000.
The property 1502 E Royall Pl is a multi located in Milwaukee, Wisconsin, 53202.
Active Listing: 1502 E Royall Pl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1502 E Royall Pl are: Riverwest Elementary School (GreatSchools Rating 2/10), Elm Creative Arts Elementary School (GreatSchools Rating 2/10), Fratney Elementary School (GreatSchools Rating 2/10), Cass Street Elementary School (GreatSchools Rating 3/10), Lincoln Middle School (GreatSchools Rating 2/10), Maryland Montessori (GreatSchools Rating 7/10), Tenor High School (GreatSchools Rating 4/10), Riverside High School (GreatSchools Rating 2/10), Golda Meir School (GreatSchools Rating 7/10).
The year of construction for 1502 E Royall Pl is 1889.
This home is located at 1502 E Royall Pl in Milwaukee, WI and zip code 53202 in the Northeast neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $765,000.
In May 2025 more than 267 listings in Milwaukee, WI were sold above the asking price. During the same period more than 63 listings were sold at asking price, while more than 148 were sold below. The number of homes for sale in Milwaukee, WI increased by 68.9% between April and May 2025.
From Rocket Homes Real Estate and based on county public records data.