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$1,198,000
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Property Description
Legal 3 family with a lot size of 35x100 zoned R6 w/ C1-3 overlay. You can gain additional FAR with the city of yes housing opportunity and build up to 20 apts. Building features a 3 bed apt, a 2 bed apt, and a 1 bed apt. All units were renovated in the last few years.
Full Property Details
Full Property Details for 3207 Wallace Ave
General
- Price: $1,198,000
- Taxes: $7,526
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 971951
- Updated: 3/17/2026
- Added to Site: 15 day(s) ago
Interior
- Interior Features: Other
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Driveway
Location
- County: Bronx County
- Driving Directions: OLINVILLE neighborhood - From E. Gun Hill Rd. make a left onto Boston Rd. then make a right onto Burke Ave. Lastly, make a right onto Wallace Avenue (between Burke Ave. & S. Oak Drive)
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas, Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected
Structural Information
- Detached/Attached: Attached
- Construction: Aluminum Siding
- Building Size: 3909
- Square Feet: 3,909
- Year Built: 1901
Lot Features
- Lot Size (Acres): 0.0803
- Lot Size (Sq. Ft.): 3,500
- Lot Dimensions: 35 x 100
Financial Considerations
- Tax Amount: $7,526
Disclosures and Reports
- Special Conditions: None
- Property ID: 04598-0025
Listed by Keller Williams Realty NYC Grp
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Schools
Schools serving 3207 Wallace Ave
School District:New York City Geographic School District 11
| Name | Grades | Distance |
|---|---|---|
Ps 76 The Bennington School 900 Adee Ave, The Bronx, NY 10469 | K-5 | 0.2 mi |
North Bronx School of Empowerment 3710 Barnes Ave, The Bronx, NY 10467 | 6-8 | 0.7 mi |
Leaders of Tomorrow 3710 Barnes Ave, The Bronx, NY 10467 | 6-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3207 Wallace Ave
Date
Details
Price
Change
Source
3/16/2026
Listed
$1,198,000
186.6%
MLS
4/13/2018
Sold
$418,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3207 Wallace Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,618
6%
$37,928
6%
2024
$7,187
6%
$35,782
6%
2023
$6,780
5%
$33,758
-31%
2022
$6,468
-4%
$48,960
13%
2021
$6,703
—
$43,140
-9%
2020
$6,690
7%
$47,640
16%
2019
$6,238
15%
$41,040
46%
2017
$5,410
—
$28,132
6%
2017
$5,410
2%
$26,541
—
2016
$5,306
3%
$26,541
1%
2015
$5,150
8%
$26,339
6%
2015
$4,760
18%
$24,849
6%
2013
$4,027
—
$23,444
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3207 Wallace Ave
3207 Wallace Avenue, Bronx, NY 10467 (MLS# 971951) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 3207 Wallace Avenue is currently listed for $1,198,000 and was received on March 16, 2026. Want to learn more about 3207 Wallace Avenue? Do you have questions about finding other Multi-Family real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.

