MP Home Team

301 North Madison Street
Rome, NY, 13440
$229,900
9 Beds
4 Baths
5,070 SqFt
0.06 Acres
Add
MLS #S1716453 image #0
ESTABLISHED THREE-UNIT INVESTMENT OPPORTUNITY IN ROME! This well-maintained three-unit property offers an excellent opportunity for an investor looking to add an income-producing property to their portfolio or for someone ready to take the first step into real estate investing. All three units are currently tenant occupied with long-term tenants, providing an established rental history and the potential for immediate income from day one.

Located in downtown Rome, this property offers convenient access to local shops, restaurants, services and other downtown amenities, with the added benefit of being within walking distance to many area destinations. The property is also centrally located for commuters, with easy access to surrounding communities and nearby cities, approximately 15 minutes to New Hartford and about an hour to Syracuse.

The property is conveniently located near Griffiss Business & Technology Park and the continued investment and development taking place throughout the Rome and Mohawk Valley region, including major employers and projects such as Chobani and Micron. This location places investors in an area experiencing significant ongoing development and growth.

Well maintained and ready for a new owner, this three-unit property offers the opportunity to step into an established rental property with long-term tenants already in place. A great addition to an existing investment portfolio or an opportunity to begin building one in the Rome market.

Property Details

Price:
$229,900
MLS #:
S1716453
Status:
Pending
Beds:
9
Baths:
4
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
romeinside301301
Listed Date:
Sep 25, 2026
Finished Sq Ft:
5,070
Total Sq Ft:
5,070
Lot Size:
2,614 sqft / 0.06 acres (approx)
Year Built:
1909
Units:
3
TriplexRome-inside-301301Romeinside301301RomeLyndon H Strough MiddleRome Free AcademyProbate

Ask a Question

See this Listing

Send
  

Schools

School District:
Rome
Middle School:
Lyndon H Strough Middle
High School:
Rome Free Academy

Interior

Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Laminate, Varies, Vinyl
Heating
Gas, Forced Air

Exterior

Architectural Style
Triplex
Construction Materials
Aluminum Siding, Vinyl Siding
Lot Features
Rectangular, Rectangular Lot
Parking Features
Paved, Two Or More Spaces
Patio And Porch Features
Covered, Porch
Roof
Metal
Window Features
Storm Windows, Thermal Windows

Financial

Taxes
$7,227

Map

Community

Market Summary

Current real estate data for Multi Family in Rome as of Oct 10, 2026
41
Multi Family Listed
152
Avg DOM
70
Avg $ / SqFt
$212,790
Avg List Price

Property Summary

    301 North Madison Street Rome NY is a Multi Family for sale in Rome, NY, 13440. It is listed for $229,900

Similar Listings Nearby

broker reciprocity
MLS# S1699830broker reciprocity
6050 Shed Road
Westmoreland, NY

$264,000

3.5 miles away

broker reciprocity
MLS# S1703968broker reciprocity
114 West Thomas Street
Rome, NY

$239,900

0.4 miles away

broker reciprocity
MLS# S1697845broker reciprocity
726 North James Street
Rome, NY

$229,900

0.6 miles away

broker reciprocity
MLS# S1707732broker reciprocity
216 Elm Street
Rome, NY

$215,000

0.4 miles away

broker reciprocity
MLS# S1709257broker reciprocity
223 East Bloomfield Street
Rome, NY

$210,000

0.7 miles away

broker reciprocity
MLS# S1719409broker reciprocity
513 North Jay Street
Rome, NY

$199,900

0.3 miles away

broker reciprocity
MLS# S1649573broker reciprocity
126 Turin Street
Rome, NY

$190,000

0.5 miles away

broker reciprocity
MLS# S1708831broker reciprocity
308 West Embargo Street
Rome, NY

$189,900

0.1 miles away

broker reciprocity
MLS# S1696668broker reciprocity
124 River Street
Rome, NY

$179,000

0.7 miles away

broker reciprocity
MLS# S1713115broker reciprocity
104 2nd Street
Rome, NY

$169,900

0.9 miles away

301 North Madison Street
Rome, NY