INVESTORS & DEVELOPERS - OPPORTUNITY KNOCKS IN THE BRONX! Located in the Melrose neighborhood, this spacious two-family property presents an exciting opportunity for those looking to add value to their real estate portfolio. Featuring a 3-bedroom, 2-bathroom first-floor unit and a 2-bedroom, 1-bathroom second-floor unit, this property offers a versatile layout with multiple income-producing possibilities. Additional features include a full finished basement with walk-out access, a spacious backyard, gas boiler heating, and street parking. Situated in an R7-2 zoning district, offering potential redevelopment opportunities subject to zoning regulations and necessary approvals. Both units will be delivered vacant at closing! Take advantage of the flexibility to renovate, occupy, or lease the property according to your investment goals. Bring your creativity, explore the possibilities, and make this Melrose property your next investment!

Property Details of 467 E 159th Street, Melrose

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Listed by YourHomeSold Guaranteed Realty / Tyrone L. Byrdsong

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 28, 2026 11:26 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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