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.
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
See this Listing
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
- Address301 North Madison Street Rome NY
- CityRome
- CountyOneida
- Zip Code13440
Subdivisions in Rome
- Albert D Herrick
- Alexander E Brynilsen
- Beaver Creek Estates
- Bloomfield Park 3rd Reall
- Brian Vanderhoof & Donald
- Brookside Village Sub A-2
- Buena Vista
- Burt Olny
- Cedarbrook Terrace
- City View Park
- Cottage St
- Dishler Sub
- Fairfax Add
- Fairview Park
- Fondas Patent
- Franklin & Robinsons
- Glendale Manor Sub Sec 1
- GRIFFISS PARKWAY
- Healy Add 3
- Jb Jervis Estate
- Jim Stevens Add
- John B Jarvis
- John R Edwards Sub
- Martin Sanders
- North George Street Terra
- Northgate Estates Sub Sec
- Oakwood Park Sub
- Old Erie Canal
- Oneida Reservation
- Onondaga Apts Sub
- Oriskany Patent 3rd Allot
- Rome Savings Bank
- Spadafora Lts
- Village/Rome
- woodfield estates
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
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Courtesy of River Hills Properties LLC Rome. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 301 North Madison Street
Rome, NY

