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.
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