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Renovated Duplex
New
For Sale
$190,000

312 henry st, Rome, NY 13440

Residential, Rome, NY

Property Size1,740 SF
Price / SF$109.20
Days on Market2

Property Features for 312 henry st

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 4
Appliances ElectricWaterHeater
Lot features Rectangular, Rectangular Lot
Elementary school district Rome
Middle school district Rome
High school district Rome
Subdivision Rome-Inside-301301
Standard status Active
APN 242.056-1-50
Size 1,740 SF

Taxes and HOA fees

Tax Annual Amount 2110

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1850
Floors in Building 2
Number of units 2
Flooring type Laminate, Tile, Varies
Building materials Frame, VinylSiding
Listing Agency: 1st Rome Realty LLC
Listed By: Fred F. Macchia · License #10491207620
Added: Oct 27 Last Checked: Oct 28 at 8:06PM
MLS# S1725335

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,740-square-foot duplex was built in 1850 and has frame construction with vinyl siding. Both apartments have undergone renovations, including new appliances, insulated windows, electrical systems, heating units, roof, and siding. The property has natural gas, forced-air heating and public water. Interior finishes include laminate and tile flooring.

Key Highlights

  • 1,740 square feet in a duplex configuration
  • Renovations completed in both apartments
  • New roof, siding, insulated windows, electrical systems, and heating units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,760
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,200 $315.2K
Cap Rate 7%
$225,143 $225.1K
Cap Rate 9%
$175,111 $175.1K
Market Conditions
NOI Build-Up for 1,740 SF
Gross rent
$24.0K $13.80/SF
− Vacancy
−$1.5K −$0.86/SF
EGI
$22.5K $12.94/SF
− OpEx
−$6.8K −$3.88/SF
NOI
$15.8K $9.06/SF
Area
Oneida County, NY
Vacancy
6.24%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,200
Cap Rate 7%
$225,143
Cap Rate 9%
$175,111

Alternative Uses

Best Use
Multifamily LT 5
$225.1K
$197.0K – $262.7K (±1% cap)
NOI $15,760 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$206.9K
$181.1K – $241.4K (±1% cap)
NOI $14,485 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$458.5K
$401.2K – $535.0K (±1% cap)
NOI $32,097 @ 7.0% cap · market cap 16.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

774
Businesses Nearby

Demographics for 13440, NY

41,024
Population
19,286
Households
2.1
Avg Household Size
42
Median Age
23%
College-Educated
88%
High-School Grad
116.5 sq mi
ZIP Area
352
Density / Sq Mi
$65,497
Median Household Income
$43,747
Median Earnings
$863
Median Rent
$155,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Updates to both residences include new roofing, windows, electrical systems, and heating equipment.
Where is this duplex located?
The property is located at 312 henry st Rome, NY.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 1,740 square feet in a duplex configuration; Renovations completed in both apartments; New roof, siding, insulated windows, electrical systems, and heating units
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