$850,000
- 7 Beds
- 3 Baths
- 2,112 sqft
506 E 183rd St #2, Bronx, NY 10458
Est. Mortgage $5,401/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1901
$402/sqft
Local Information
-- mins to
About this House
What's unique:Abundant natural lightMeticulously renovatedSeven bedroomsOpen-concept flowThree bathroomsPremium stainless steel appliances
Presenting a meticulously renovated, legal 2-family residence situated at 506 E 183rd Street in the rapidly evolving South Bronx. Engineered for contemporary living, modern efficiency, and strong cash flow, this turnkey property delivers a standout investment and residential opportunity in one of the borough's most active markets. Interior Features & Layout Configuration: A total of seven bedrooms and three bathrooms across two separate, fully updated units. Upper Residence: A spacious 5-bedroom, 2-bathroom duplex featuring an open-concept flow, abundant natural light, and a modern kitchen equipped with sleek countertops, premium stainless steel appliances, and upgraded bathrooms with elegant tilework and stylish fixtures. Lower Residence: A separate 2-bedroom, 1-bathroom walk-in unit with its own private entrance, offering exceptional flexibility for extended family arrangements or rental income generation. Financial & Investment Highlights Income Potential: Estimated monthly rental income ranges from $3,000 to $4,000 for the upper duplex and $3,200 to $3,800 for the lower unit. Monthly & Annual Projections: Combined projected gross monthly income between $6,200 and $7,800, translating to an estimated annual revenue between $74,000 and $94,000. Strategy: Ideal for an owner-occupant seeking rental income support or an investor looking for a fully stabilized, low-maintenance asset. Prime Location Strategically positioned on a well-connected block benefiting from ongoing neighborhood development, offering close proximity to subway lines, bus routes, local schools, grocery stores, restaurants, and parks for a seamless commute into Manhattan and surrounding boroughs. Professional representation and post-closing rental management and tenant-placement services available to ensure smooth transition and immediate cash flow optimization.
Contact this Building
Open House
Sunday, September 27
12:00 PM to 2:00 PM
Sunday, October 04
12:00 PM to 4:00 PM
Sunday, October 11
12:00 PM to 4:00 PM
Sunday, October 18
12:00 PM to 4:00 PM
Sunday, October 25
12:00 PM to 4:00 PM
Last check for updates: about 4 hours ago
Listing by: WW Realty Group
Source: StreetEasy, MLS#S1850048
Home Details for 506 E 183rd St #2
|
|---|
Interior Details Number of Rooms: 10 |
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 2112 Square Feet |
Heating & Cooling No Cooling |
Fireplace & Spa No Fireplace |
View No View |
|
|---|
Parking & Garage No Garage |
|
|---|
Days on Market: 1 |
|
|---|
Year Built Year Built: 1901 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
|
|---|
Price List Price: $850,000Price Per Sqft: $402 |
|
|---|
MLS Status: Active |
|
|---|
Direction & Address City: BronxCommunity: East Tremont |
|
|---|
Listing Agent Listing ID: S1850048 |
|
|---|
Building Area Building Area: 2112 Square Feet |
|
|---|
HOA Fee: No HOA Fee |
|
|---|
Special Conditions: Resale |
|
|---|
Mls Number: S1850048Listing Url |
|
|---|
STREETEASY Property ID: 24456155STREETEASY Building ID: 6442622 |
Around this home
What Locals Say about East Tremont
At least 483 Trulia users voted on each feature.
87 % Say there are sidewalks
85 % Say it's walkable to grocery stores
80 % Say it's dog friendly
78 % Say it's walkable to restaurants
64 % Say there's holiday spirit
63 % Say kids play outside
58 % Say streets are well-lit
43 % Say neighbors are friendly
42 % Say car is needed
37 % Say yards are well-kept
36 % Say there's wildlife
35 % Say they plan to stay for at least 5 years
34 % Say people would walk alone at night
33 % Say there are community events
29 % Say it's quiet
26 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
Market trends in New York
Last updated August 2026
Avg. sale price
$818K
$21.67KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$704
$22MoM
Available listings
16526
1221MoM
Home Value
Trulia Estimate
$851KSince last month
Decreased$5K (-0.6%)Since last year
Increased$119K (+16.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -5% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $847K |
| August 2026 | $852K |
| July 2026 | $865K |
| June 2026 | $849K |
| May 2026 | $850K |
| April 2026 | $859K |
| March 2026 | $858K |
| February 2026 | $858K |
2025 | |
2024 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.23 | Multi-Family Home | $940,000 | 04/23/26 | 8 | 3 | 2,205 | |
0.27 | Multi-Family Home | $860,000 | 03/04/26 | 7 | 2 | 3,300 | |
0.27 | Multi-Family Home | $860,000 | 03/04/26 | 7 | 2 | 3,300 | |
0.19 | Multi-Family Home | $700,000 | 09/30/25 | 3 | 3 | 1,569 | |
0.35 | Multi-Family Home | $637,500 | 07/07/26 | 10 | 3 | 2,900 | |
0.54 | Multi-Family Home | $800,000 | 11/14/25 | 7 | 2 | 2,448 | |
0.52 | Multi-Family Home | $865,000 | 11/26/25 | 8 | 3 | 3,450 | |
0.52 | Multi-Family Home | $865,000 | 11/26/25 | 8 | 3 | 3,450 | |
0.51 | Multi-Family Home | $750,000 | 11/19/25 | 6 | 2 | 2,390 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $999,999 | 7 | 2.5 | - | For Sale | |
0.04 | $950,000 | 7 | 3 | 2,960 | For Sale | |
0.04 | $924,000 | 7 | 3 | 2,652 | Off Market | |
0.00 | $850,000 | 7 | 3 | 2,112 | For Sale | |
0.10 | $655,000 | 6 | 2 | 1,248 | Recently Sold | |
0.06 | $510,000 | 5 | 2 | - | Recently Sold | |
0.06 | $887,500 | Studio | - | - | Recently Sold | |
0.12 | $999,999 | Studio | - | 2,500 | For Sale | |
0.07 | $1,350,000 | 11 | 5 | 3,850 | For Sale | |
0.09 | $629,600 | 3 | 2 | 1,705 | Off Market | |
0.10 | $1,025,000 | 9 | 3 | 2,640 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 25, 2026 Source: StreetEasy #S1850048 | Listed For Sale | $850,000 |
Aug 12, 2026 Source: StreetEasy #S1839327 | ListingRemoved | $850,000 |
Jul 22, 2026 Source: StreetEasy #S1839327 | Listed For Sale | $850,000 |
May 5, 2026 Source: StreetEasy #S1821911 | ListingRemoved | $850,000 |
Apr 14, 2026 Source: StreetEasy #S1821911 | Listed For Sale | $850,000 |
Feb 17, 2026 Source: StreetEasy #S1809741 | ListingRemoved | $850,000 |
Feb 4, 2026 Source: StreetEasy #S1809741 | Listed For Sale | $850,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Similar Homes You May Like
New Listings near 506 E 183rd St #2
Frequently asked questions about 506 E 183rd St #2
- What is the estimated monthly payment for 506 E 183rd St #2?Based on a $850,000 list price with 20% down at today's rates, the estimated monthly payment for 506 E 183rd St #2 in Bronx, NY is approximately $5,462 (about $4,700 principal & interest, $687 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 506 E 183rd St #2 compare to homes in Bronx?506 E 183rd St #2 in Bronx, NY is listed at $850,000, about 4% above the $818K median sale price in Bronx.
- What do residents say about the East Tremont neighborhood?Residents describe the East Tremont neighborhood in Bronx, NY as pedestrian-friendly, walkable to grocery stores, and dog-friendly. See homes for sale in East Tremont, Bronx.
- What are the closest schools to 506 E 183rd St #2?The closest schools to 506 E 183rd St #2 in Bronx, NY are Jhs 118 William W Niles (Middle, rated 6/10), Ps 59 The Community School Of Technology (Pre-K/Elementary, rated 2/10), Theatre Arts Production Company School (Middle/High, rated 5/10).
506 E 183rd St #2, Bronx, NY 10458 is a 7 bedroom, 3 bathroom, 2,112 sqft multi-family built in 1901. 506 E 183rd St #2 is located in East Tremont, Bronx. This property is currently available for sale and was listed by StreetEasy on Sep 25, 2026. The MLS # for this home is MLS# S1850048.

