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$1,050,000
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Property Description
EXCEPTIONAL INVESTMENT OPPORTUNITY in Prime Riverdale! Nestled on an expansive 7,038 sq ft lot, this beautifully maintained multifamily home is a true gem for savvy investors or families seeking income-generating potential. Boasting three distinct residential units, this versatile property is perfect for multigenerational living or creating multiple revenue streams. Each unit features inviting living spaces, well-appointed kitchens, and comfortable bedrooms and baths. But that's not all-this property also includes five dedicated parking spots, currently leased at $200 each for a total of $1,000/month. Additional income includes $1,300 from a studio unit and $1,680 from Apartment 2, with the owner's unit offering a projected rental value of approximately $3,200/month. Situated just minutes from lush parks, top-tier schools, major highways, and public transportation, this location offers the perfect blend of accessibility and neighborhood charm. Whether you're looking to offset your mortgage or grow your real estate portfolio with a high-yield asset, this Riverdale opportunity is not to be missed. Bonus features include on-site storage and a sizable lot with potential for future development. Property will be delivered vacant, giving you full flexibility from day one.
Full Property Details
Full Property Details for 3650 Waldo Ave
General
- Price: $1,050,000
- Taxes: $11,215
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 849182
- Updated: 10/14/2025
- Added to Site: 270 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Parking
- Total Spaces: 5
- Parking Features: Driveway
Location
- County: Bronx County
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Partial
- Building Size: 2816
- Square Feet: 2,816
- Year Built: 1962
Lot Features
- Lot Size (Acres): 0.1616
- Lot Size (Sq. Ft.): 7,038
Financial Considerations
- Tax Amount: $11,215.44
Disclosures and Reports
- Special Conditions: None
- Property ID: 05769-0123
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Schools
Schools serving 3650 Waldo Ave
School District:New York City Geographic School District 10
| Name | Grades | Distance |
|---|---|---|
Ps 24 Spuyten Duyvil 660 W 236th St, The Bronx, NY 10463 | K-5 | 0.5 mi |
Riverdale Kingsbridge Academy (Ms High School 141) 660 W 237th St, The Bronx, NY 10463 | 6-8 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3650 Waldo Ave
Date
Details
Price
Change
Source
4/21/2025
Listed
$1,050,000
341.18%
MLS
9/09/1998
Sold
$238,000
—
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 3650 Waldo Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,421
2%
$58,283
1%
2024
$11,203
5%
$57,812
6%
2023
$10,673
5%
$54,541
-23%
2022
$10,159
2%
$70,680
23%
2021
$9,918
-1%
$57,360
4%
2020
$9,985
2%
$55,140
10%
2019
$9,785
16%
$50,160
10%
2017
$8,446
—
$45,451
6%
2017
$8,446
9%
$42,902
6%
2016
$7,781
2%
$40,474
—
2015
$7,605
9%
$40,474
1%
2014
$6,970
12%
$40,148
6%
2013
$6,216
—
$37,876
—
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 3650 Waldo Ave
3650 Waldo Avenue, Bronx, NY 10463 (MLS# 849182) is a Multi-Family property with 2 units containing 6 bedrooms and 4 full bathrooms. 3650 Waldo Avenue is currently listed for $1,050,000 and was received on April 21, 2025. Want to learn more about 3650 Waldo 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.

