$950,000

Estimated payment $5,259/month

6 Beds
2 Baths
2,120 Sq Ft
$448 Price per Sq Ft

Highlights

  • Galley Kitchen
  • 2-minute walk to Melrose Station
  • 3-minute walk to Railroad Park
  • In-Law or Guest Suite

About This Home

Welcome to 971 Teller Avenue — a well-maintained 2-family home offering the perfect blend of comfort, flexibility, and income potential. This property is ideal for buyers looking to live in one unit while generating rental income from the other, or for investors seeking a strong addition to their portfolio. The home features a practical layout that works well for multi-generational living or maximizing rental opportunities. The second-floor unit includes a private balcony, and the property offers a spacious backyard for outdoor enjoyment. Conveniently located near shopping, public transportation, the Melrose MTA station, and Yankee Stadium, this home offers both accessibility and long-term value in a high-demand Bronx market. Being sold as-is.

Listing Agent

Kim Bush

Exit Realty DKC License #10401299752 Listed on: 04/14/2026

Exit Realty DKC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,245

Year Built

  • Built in 1901

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Additional Features

  • Galley Kitchen
  • Washer and Dryer Hookup
  • 2,400 Sq Ft Lot
  • Heating System Uses Oil
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 02423-0078

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,245

Year Built

Built in 1901

Lot Details

2,400 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Property Condition: Actual
  • Year Built: 1901
  • Carport Y N: No
  • CurrentPrice: 950000.00
  • MlsMajorChangeType: New Listing
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 17241379.3103
  • CurrentPrice_By_BuildingAreaTotal: 448.11321
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Galley Type Kitchen, In-Law Floorplan, Washer/Dryer Hookup
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 6
  • Fireplace: No
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame, Stucco
  • Pool Private: No
  • Spa: No
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Varies by Unit
  • Heating: Oil
  • Sewer: Public Sewer
  • Utilities: See Remarks, Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0551
  • Lot Size Sq Ft: 2400
  • Parcel Number: 02423-0078
  • Property Attached: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 1
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 2244.72
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,216 $11,176 $3,409 $7,767
2024 $2,216 $11,034 $3,269 $7,765
2023 $2,117 $10,423 $3,156 $7,267
2022 $1,967 $38,280 $12,300 $25,980
2021 $1,960 $35,460 $12,300 $23,160
2020 $1,971 $39,180 $12,300 $26,880
2019 $1,924 $37,560 $12,300 $25,260
2018 $1,771 $8,686 $3,547 $5,139
2017 $1,674 $8,210 $3,740 $4,470
2016 $1,551 $7,761 $3,700 $4,061
2015 $714 $7,761 $3,916 $3,845
2014 $714 $7,663 $3,286 $4,377
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2026 04/14/26 For Sale $950,000 -- $448 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed $165,000 Fidelity National Title Ins
Deed $118,000 Commonwealth Land Title Ins
Deed $61,000 Judicial Title Ins Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $712,500 No Value Available
Previous Owner $163,900 FHA
Previous Owner $40,000 No Value Available
Source: Public Records

Source: OneKey® MLS

MLS Number: 985016

OneKey® MLS

APN: 02423-0078

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