2753 Wallace Ave Bronx, NY 10467
Olinville NeighborhoodEstimated payment $9,202/month
Highlights
- Main Floor Bedroom
- Baseboard Heating
- 5-minute walk to Allerton Avenue
About This Home
Exceptional Investment opportunity in the heart of the Bronx! 2753 Wallace Avenue is a legal 4 family property delivered fully vacant. with two additional basement apartments, offering significant upside for investors, developers, or end users looking to customize a multi unit asset. the property is fully gutted and ready for renovation, providing a blank canvas to design and build to your vision. Configured as four legal residential units with two basement units, this property offers the potential for strong rental income once completed. ideal for investors looking to add value through renovation and maximize returns in a high demand rental market. Conveniently located near public transportation, major highways, shopping, restaurants, schools, and parks. Easy access to manhattanand surrounding boroughs makes this location highly desirable for tenants. Bring your contractor and architect and unlock the full potential of this rare bronx multi family opportunity. FULLY VACANT!!!!! Gross income with market rents can be as high as 182,928. best of all there are Seperate meters and water tanks for each unit which brings the expenses of the building very low cost.
Listing Agent
eXp Realty Brokerage Phone: 888-276-0630 License #10401335839 Listed on: 03/13/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,988
Year Built
- Built in 1925
Home Design
- Quadruplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- Main Floor Bedroom
- 4 Full Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
Additional Features
- Walk-Out Basement
- 2,600 Sq Ft Lot
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 04511-0036
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $13,971 | $119,906 | $47,517 | $72,389 |
| 2024 | $13,971 | $111,749 | $47,919 | $63,830 |
| 2023 | $13,185 | $107,480 | $45,858 | $61,622 |
| 2022 | $12,183 | $259,650 | $115,200 | $144,450 |
| 2021 | $0 | $223,200 | $115,200 | $108,000 |
| 2020 | $11,504 | $244,800 | $115,200 | $129,600 |
| 2019 | $10,841 | $255,150 | $115,200 | $139,950 |
| 2018 | $10,516 | $82,677 | $37,461 | $45,216 |
| 2017 | $9,743 | $76,598 | $39,455 | $37,143 |
| 2016 | $9,147 | $70,950 | $38,810 | $32,140 |
| 2015 | $5,936 | $70,950 | $44,737 | $26,213 |
| 2014 | $5,936 | $66,124 | $33,322 | $32,802 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2026 03/13/26 | For Sale | $1,500,000 | -- | $475 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $995,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $233,500 | Commonwealth Land Title Ins | |
| Deed | $233,500 | Commonwealth Land Title Ins | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $746,250 | Purchase Money Mortgage | |
| Previous Owner | $214,878 | FHA |
Source: OneKey® MLS
MLS Number: 971282
APN: 04511-0036
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Ask me questions while you tour the home.