1029 Wheeler Avenue, Bronx, NY 10472
Bronx County
Key Facts
Description
Legal 2-Family Home For $685,000 – Prime Location, Priced to Move! Welcome to 1029 Wheeler Avenue, a legal 2-family home offering the perfect opportunity for first-time buyers and investors alike. The main unit is a spacious duplex featuring 3 bedrooms and 2 baths, while the ground floor offers a 1-bedroom, 1-bath apartment — ideal for rental income or extended family living. Recent capital improvements include a brand-new furnace (2026) and a new roof (2025), giving buyers peace of mind and reduced maintenance costs for years to come. Enjoy the convenience of a private driveway and a backyard perfect for entertaining. Unbeatable location just two blocks from the 6 train, with easy access to major highways, grocery stores, and shopping. This is a rare chance to own a legal multi-family property under $700K in one of the Bronx's most connected neighborhoods. Whether you're looking to offset your mortgage with rental income or add a strong asset to your portfolio, this home delivers. Don't miss it — schedule your showing today!
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1940
Living Area
1,482 sq ft
Lot Size
0.03 acres
Days on Market
1
MLS® Listing#
1026681
Property Features
Cooling
Heating
Parking
Construction
Utilities
Sewer
Water Source
Schools
- Elementary:
- Ps 152 Evergreen
- Middle:
- Jhs 123 James M Kiernan
- High:
- Herbert H Lehman High School
Financial Details
Annual Taxes
$4,924
Assessed Value
$42,240
Parcel Number
03712-0069
Affordability Calculator
$137,000
Estimated monthly payment
$3,646/mo
Principal $548,000 · Est. interest $764,509 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Bronx, NY
- $574,510
- Median Listing Price
- 70
- Median Days on Market
- 1,206
- Median Sq Ft
- $376
- Median Price / Sq Ft
- 1,224
- Active Listings
- This home’s price is 19% above the area median.
- Its price per sq ft is 23% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Bronx, NY.
Location
Points of Interest in Bronx, NY
Showing the Bronx area map.
Nearby Schools
PS 152
Elementary · 0.1 mi away
Bold Charter School
Elementary · 0.1 mi away
Icahn Charter School 7
Elementary · 0.2 mi away
P. S 093 Albert G Oliver
School · 0.2 mi away
Bronx Arena High School
Secondary · 0.2 mi away
J. H. S 123 James M Kieran
Secondary · 0.3 mi away
The School for Inquiry and Social Justice
Secondary · 0.3 mi away
JHS 123
Secondary · 0.3 mi away
Bronx Charter School for the Arts
Elementary · 0.4 mi away
P. S 196
Elementary · 0.4 mi away
PS 195
Elementary · 0.4 mi away
The Urban Assembly CH
Secondary · 0.5 mi away
Bronx Little School
Elementary · 0.5 mi away
Monroe Campus High School Alternate Learning Center Alc
Secondary · 0.5 mi away
The Metropolitan Soundview High School
Secondary · 0.5 mi away
James Monroe H S
School · 0.5 mi away
P. S. X721 - Stephen McSweeney School
Secondary · 0.5 mi away
Mott Hall V
Secondary · 0.5 mi away
P 188 at Monroe Campus
School · 0.5 mi away
P.S. 75
Elementary · 0.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 126 Sunset Boulevard 11126, Bronx, NY | $485,000 | 3 | 3 | 1,087 |
| 181C Edgewater C, Bronx, NY | $499,000 | 3 | 2 | 1,357 |
| 863 E 226th Street, Bronx, NY | $499,900 | 4 | 2 | 1,712 |
| 935 Magenta Street, Bronx, NY | $499,900 | 3 | 2 | 1,360 |
| 1519 Adee Avenue, Bronx, NY | $499,900 | 3 | 2 | 1,224 |
| 646 E 230th Street, Bronx, NY | $519,000 | 3 | 1 | 1,152 |
Moving Cost Estimate
EXIT Agents in Bronx
Listing Courtesy: Emran Estates Realty - 9295518090
Fair Housing Notice