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$1,175,000

1858 Wallace Ave Bronx, NY 10462

5 beds
2 full
0.05 acres
Multi-Family

Property details

About 1858 Wallace Ave

Welcome to 1858 Wallace Ave, Bronx, NY 10462—a versatile and well-maintained two-family brick home located in the desirable Morris Park neighborhood. This property offers the perfect opportunity for both homeowners and investors looking to generate rental income or accommodate extended family. The first-floor unit features two spacious bedrooms, one full bathroom, a comfortable living room, and a large eat-in kitchen. Upstairs, the second-floor unit offers three generously sized bedrooms, a full bathroom, a bright living area, and a separate kitchen and dining space—ideal for larger households. The home also includes a full basement with high ceilings, offering excellent potential to be transformed into additional living or recreational space. Whether used as a bonus area, office, or storage, it provides a great opportunity to add value to the property. Situated close to public transportation (2/5 subway lines), major highways, schools, shops, and restaurants, this home is conveniently located for everyday living. With strong rental demand in the area and great long-term upside, 1858 Wallace Ave is a smart investment in a growing Bronx neighborhood.

Highlights

Home typeDuplex
HeatingNatural Gas
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Lot size0.0545 Acres
Year built1899
MLS #891027

Summary

  • Full Bathrooms: 2
  • Basement: Yes
  • Interior: First Floor Full Bath, Original Details, Walk-In Closet(s)
  • Total Bedroom Count: 5
  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • List Price: $1,175,000
  • Annual Tax Amount: $6,282
  • Tax Year: 2024
  • Year Built: 1899
  • Lot Size: 0.0545 Acres
  • MLS Number: 891027
  • MLS Name: ONEKEY2
  • Office Name: Locqube New York, Inc.
  • Office Phone: (347) 657-1114

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/19/2025, 11:56:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$32,682$6,282
2023$50,040$5,911
2021$44,640$5,621
2020$41,220$5,662
2018$25,694$4,641
2017$24,240$4,380

History based on county public records data.

Nearby schools

9

Bronx Charter School for Excellence 2

Public Charter KG-5

0.1 mi

1804 Holland Ave

8

Steam Bridge School (The)

Public District KG-5

0.3 mi

1684 White Plains Rd

5

P.S. 105 Senator A. Bernstein School

Public District KG-5

0.4 mi

725 Brady Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $70,516. The most common annual income of people living in Bronx, NY is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

26%
<35k
46%
35k-100k
29%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

43%
Single, No Kids
17%
Single, with Kids
18%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Boston MarketBoston Market
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • HondaHonda
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1858 Wallace Ave

The listing price of 1858 Wallace Ave property is $1,175,000.

The property 1858 Wallace Ave is a multi located in Bronx, New York, 10462.

Active Listing: 1858 Wallace Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1858 Wallace Ave are: Bronx Charter School for Excellence 2 (GreatSchools Rating 9/10), Steam Bridge School (The) (GreatSchools Rating 8/10), P.S. 105 Senator A. Bernstein School (GreatSchools Rating 5/10), P.S. 83 Donald Hertz School (GreatSchools Rating 6/10), Icahn Charter School 2 (GreatSchools Rating 9/10), PS/Middle School 498 Van Nest Academy (GreatSchools Rating 7/10), Bronx High School for the Visual Arts (GreatSchools Rating 3/10), Wings Academy (GreatSchools Rating 2/10), High School for Language and Innovation (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $6,282 (source: MLS/based on county public records data).

The year of construction for 1858 Wallace Ave is 1899.

This home is located at 1858 Wallace Ave in Bronx, NY and zip code 10462 in the Northeast Bronx neighborhood. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $1,175,000.

In June 2025, from all listings sold in Bronx, NY there were more than 33 sold above asking price, over 71 sold below and more than 40 were sold right at the asked price. The inventory of homes for sale in Bronx, NY between May and June 2025 decreased by 2.3%. In June 2025, listings were on the market for 87 days. During the same period, the median list price in this real estate market was $610,000.

From Rocket Homes Real Estate and based on county public records data.

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