$780,000

506 E 183rd St Bronx, NY 10458

$9,263
Closing credit¹
7 beds
3 full
0.03 acres
Multi-Family

Property details

About 506 E 183rd St

NO SATURDAY SHOWINGS! Attached 2-Family – 7 Bedrooms, 3 Bathrooms. Welcome to 506 E 183rd Street, an exceptional, fully renovated legal 2-family home that presents a prime investment opportunity in the heart of the South Bronx. This meticulously updated property is an ideal choice for both savvy investors looking to expand their portfolio and homeowners seeking a property with rental income potential. The upper level of this property features a spacious 7-bedroom, 3-bathroom duplex that has been completely transformed to meet the needs of modern living. The home showcases luxurious finishes and contemporary design elements throughout. The modern kitchen boasts sleek countertops, high-end stainless steel appliances, and ample storage space, making it the perfect area for preparing meals and entertaining guests. The elegant bathrooms feature stylish fixtures and beautiful tile work, providing a spa-like experience within the comfort of your home. The expansive layout offers plenty of room for families to spread out and enjoy both privacy and shared spaces. On the lower level, you’ll find a separate 2-bedroom, 1-bathroom walk-in unit that can serve multiple purposes. Whether you choose to rent it out for additional income, offer it to extended family members, or use it as a guest suite, this unit adds valuable versatility and further enhances the investment potential of the property. With its own separate entrance, it offers privacy and comfort while still being part of the same building. This property is situated in a thriving South Bronx neighborhood that is experiencing rapid growth and revitalization. 506 E 183rd Street is ideally located near major transit routes, local shops, restaurants, parks, and schools, making it a highly desirable location for renters or homeowners. Whether you’re looking to generate steady rental income or need ample space for multi-generational living, this home is perfectly equipped to meet your needs. With its updated features, spacious layout, and prime location, this property is truly a rare gem in the South Bronx real estate market. Don't miss your chance to own this incredible opportunity in a rapidly appreciating area. Act now before it’s gone! Virtually staged pictures are included in the listing.

Highlights

Home typeDuplex
HeatingElectric, Other
StatusActive
Lot size0.0302 Acres
Year built1901
MLS #861512

Summary

  • Full Bathrooms: 3
  • Basement: No
  • Interior: Other
  • Total Bedroom Count: 7
  • Architectural Style: Other
  • Heating: Electric, Other
  • Cooling: None
  • List Price: $780,000
  • Annual Tax Amount: $3,811
  • Tax Year: 2024
  • Year Built: 1901
  • Lot Size: 0.0302 Acres
  • MLS Number: 861512
  • MLS Name: ONEKEY2
  • Office Name: WW Realty Group Inc
  • Office Phone: (917) 319-8892

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.

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: 6/2/2025, 11:56:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

506 E 183rd St, Bronx, NY 10458 - kitchen with appliances with stainless steel finishes, modern cabinets, open shelves, light wood-style floors, and light countertops

$780,000

506 E 183rd St

$9,263

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 09, 2024
Home Sold
$494,529
Sep 20, 2004
Home Sold
$330,000

Tax history

YearAssessmentProperty Tax
2024$18,976$3,811
2023$45,240$3,660
2021$39,240$3,541
2020$35,760$3,379
2018$15,186$3,177
2017$14,588$2,803

History based on county public records data.

Nearby schools

4

PS 159 Luis Mumoz Marin Biling

Public District KG-5

0.1 mi

2315 Washington Ave

3

P.S. 59 The Community School of Technology

Public District KG-5

0.1 mi

2185 Bathgate Ave

3

P.S. 23 The New Children's School

Public District PK-5

0.2 mi

2151 Washington 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 $17,654. Typical income of Bronx, NY residents is less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

67%
<35k
32%
35k-100k
1%
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?

49%
Single, No Kids
37%
Single, with Kids
5%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

24%
<11 yrs old
12%
12-17 yrs old
29%
18-34 yrs old
26%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • H&MH&M
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • DodgeDodge
  • HondaHonda
  • NissanNissan

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 506 E 183rd St in Bronx, NY and zip code 10457 in the Southwest Bronx neighborhood. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $780,000.

Over 28 listings were sold over their listed price in May 2025 in Bronx, NY. In the same period over 68 listings were sold below the listed price and 49 listings were sold for the listed price. The number of listings in Bronx, NY increased by 4.1% between April and May 2025. In May 2025 median list price was $607,895 and the average listing age was 78 days.

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

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