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118 Third AvenuePelham, NY 10803

For Sale

$1,225,000

Smart Buyer Rebate $12,250

Welcome to 118 Third Avenue, Pelham—a beautifully maintained multi-unit property nestled on a picturesque, tree-lined street that perfectly blends charm, comfort, and modern updates. This exceptional property features two thoughtfully designed units.
The first-floor unit offers a spacious entry foyer with a flexible bonus area—perfect for a home office or cozy sitting nook—along with a living room featuring a fireplace, a formal dining room with a walk out for yard access, an updated kitchen with new flooring. This unit also includes two spacious bedrooms and a full bath. Additionally, it provides access to the lower level, which features a large room, a full bathroom, and a separate entrance for added convenience. This residence offers the layout and comfort of a single-family home.

The second unit has been beautifully renovated, featuring a stylish new kitchen, updated flooring, and a spacious living room filled with bright, airy light. It offers two well-appointed bedrooms and a versatile bonus loft, ideal as a family room, den, or guest bedroom.Each unit enjoys its own separate washer and dryer.
Additional features of this home include a charming backyard with an oversized patio and a tree-lined fence, as well as a spacious two-car garage and an oversized driveway that can accommodate 6+ cars.
Set along a quiet, sidewalk-lined block, the home offers a peaceful suburban feel while remaining incredibly convenient—just 0.5 miles to the train for an easy commute and close to major highways for seamless travel in any direction. Enjoy proximity to local shops, dining, parks, and all that Pelham has to offer.
Beautifully maintained and thoughtfully cared for, this is a wonderful opportunity you won’t want to miss. Come see this exceptional home and all it has to offer.

Listed by Sherry Wiggs

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Houlihan Lawrence Inc.

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914-591-2700

Last updated May 22, 2026

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Source: OneKey #977244

Listing Facts

  • TypeMulti-family
  • NeighborhoodPelhamville
  • Bedrooms4
  • Bathrooms3
  • Days on Prevu77
  • Taxes$21,255/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

05/22/2026
Price Decreased
$1,225,000
03/31/2026
Status changed to Active
$1,300,000
03/31/2026
Listed by Houlihan Lawrence Inc.
$1,300,000

Property Details for 118 Third Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Year Built: 1926
  • Architectural Style: Colonial
  • Construction Materials: Aluminum Siding, Vinyl Siding

Measurements

  • Building Area Total: 2,295
  • Building Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Square Feet: 4,838

Financial

Taxes

  • Parcel Number: 4403-163-036-00001-000-0051
  • Tax Annual Amount: $21,255.00
  • Tax Assessed Value: $799,000.00
  • Tax Year: 2025

Interior

Features

  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Interior Features: First Floor Bedroom, First Floor Full Bath, Crown Molding

Rooms

  • Basement: Full, See Remarks
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Driveway, Garage
  • Parking Total: 6

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Hot Water
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 4 bedrooms and 3 bathrooms in this multi-family home at 118 Third Avenue.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 118 Third Avenue.

What are the annual taxes for 118 Third Avenue?

Annual taxes for this multi-family home are estimated at $21,255.

118 Third Avenue is a 4-bedroom, 3-bath multi-family home for sale in Pelham NY 10803. Available on Prevu for 77 days at $1,225,000. This includes a recent price decrease of $75,000. This home is located in Pelham. The median listing price for multi-family homes in this area is $470,000. The home offers parking. View other multi-family home listings in Pelham.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.