$288,100
as of Sep 25, 2026
- 4 Beds
- 2 Baths
- 1,242 sqft
1895 Wallace Ave, Melbourne, FL 32935
Home Highlights
Single-Family Home
1,242 sqft
$232/sqft
Attached Garage
Local Information
-- mins to
About this House
What's unique:Separate carportFamily roomFamily pool homeChain link access gateLarge wood fenced-in backyardLvp flooring throughout
This is a family pool home with 4 bedrooms, 2 baths, full kitchen, dining area, living room, family room, LVP flooring throughout, central air conditioning and heat, a one car garage with laundry area, a separate carport and a large wood fenced-in backyard with a chain link access gate. Professional pool care (a $175 value) is included in the rent. The home is centrally located in Melbourne, close to I-95, close to the beaches and just a short walk down the street to Roy Allen Elementary School. One small dog is allowed but no cats. The rent is $2,175 per month. To move in you will need first, last and one months security deposit.
The home is available immediately and there is a minimum one year lease. Tenant pays for all utilities. This is a "No Smoking" home; smoking of any type (including vaping) is not allowed both inside the house nor within the property lines. A minimum credit score of 580 is required and no history of rent default. To move in you will need first months rent, last months rent and one months rent security deposit. Must provide verifiable references and proof of income.
The home is available immediately and there is a minimum one year lease. Tenant pays for all utilities. This is a "No Smoking" home; smoking of any type (including vaping) is not allowed both inside the house nor within the property lines. A minimum credit score of 580 is required and no history of rent default. To move in you will need first months rent, last months rent and one months rent security deposit. Must provide verifiable references and proof of income.
1895 Wallace Ave, Melbourne, FL 32935 is a 4 bedroom, 2 bathroom, 1,242 sqft single-family home. It last sold for $70,900 on Mar 23, 2009 (3,160% above the $2,175 asking price). More recently, it was listed as a rental in August 2025 with an asking price of $2,300 per month. That rental listing was removed on January 31, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $288,100, with a rent estimate of $2,609/month.
Home Details for 1895 Wallace Ave
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air |
Appliances & Utilities DishwasherMicrowaveRefrigerator |
Levels, Entrance, & Accessibility Floors: Hardwood |
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Property Type / Style Property Type: Single Family Home |
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Lease Term: 1 Year |
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Pool Pool |
Parking & Garage Parking: Attached, On Site |
Comparable Sales for 1895 Wallace Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $152,500 | 01/15/26 | 4 | 2 | 1,620 sqft | |
0.10 | Single-Family Home | $190,000 | 12/15/25 | 3 | 2 | 1,651 sqft | |
0.19 | Single-Family Home | $182,000 | 08/11/26 | 3 | 2 | 1,325 sqft | |
0.11 | Single-Family Home | $255,000 | 08/14/26 | 3 | 2 | 1,395 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Melbourne
Last updated Sep 2026
Trulia Rent Estimate$2,609/mo
Average rent
$2K
$19MoM
Available listings
402
Around this home
What Locals Say about Melbourne
At least 923 Trulia users voted on each feature.
88 % Say car is needed
88 % Say it's dog friendly
83 % Say parking is easy
74 % Say yards are well-kept
74 % Say there are sidewalks
72 % Say there's holiday spirit
69 % Say it's quiet
65 % Say people would walk alone at night
61 % Say kids play outside
58 % Say streets are well-lit
53 % Say neighbors are friendly
50 % Say there's wildlife
49 % Say they plan to stay for at least 5 years
43 % Say it's walkable to grocery stores
40 % Say it's walkable to restaurants
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 31, 2026 Source: Zillow Rentals | ListingRemoved | $2,175 |
Dec 28, 2025 Source: Zillow Rentals | PriceChange | $2,175 Price decreased by 5% |
Aug 28, 2025 Source: Zillow Rentals | Listed For Rent | $2,300 |
Aug 9, 2023 Source: Space Coast AOR #969057 | ListingRemoved | |
Jul 3, 2023 Source: Space Coast AOR #969057 | Listed For Rent | $2,275 |
Apr 23, 2020 Source: Agent Provided | ListingRemoved | $1,495 |
Feb 14, 2020 Source: Agent Provided | PriceChange | $1,495 Price decreased by 6% |
Jan 23, 2020 Source: Agent Provided | Listed For Rent | $1,595 |
Dec 3, 2018 Source: Agent Provided | ListingRemoved | $1,495 |
Nov 21, 2018 Source: Agent Provided | Listed For Rent | $1,495 |
Mar 23, 2009 Source: N/A | Sold | $70,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,681 | $225,650 |
Home facts updated by county records
Frequently asked questions about 1895 Wallace Ave
- What is 1895 Wallace Ave estimated to be worth?Trulia's estimated value for 1895 Wallace Ave in Melbourne, FL is $288,100.
- What is the price history for 1895 Wallace Ave?1895 Wallace Ave in Melbourne, FL last sold for $70,900 in March 2009.
- Is Melbourne a buyer's or seller's market?Melbourne is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Melbourne?The median sale price in Melbourne is $371K. That is up $3.17K from the prior month.
- Does 1895 Wallace Ave have air conditioning?Yes, 1895 Wallace Ave in Melbourne, FL has air conditioning.
- Does 1895 Wallace Ave have a pool?Yes, 1895 Wallace Ave in Melbourne, FL has a pool.
Homes for rent near 1895 Wallace Ave
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

