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Duplex with Detached Garage
For Sale
$264,900

625 Roosevelt Avenue, Rome, NY 13440

Residential, Rome, NY

Property Size2,552 SF
Lot Size0.49 Acres
Price / SF$103.80
Days on Market101

Property Features for 625 Roosevelt Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential Multi Use
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Basement, Bedroom 3, Bathroom 2
Parking features Garage
Patio and Porch features Patio, Deck
Exterior features Deck, Fence, Patio, PrivateYard
Fencing Fenced
Fireplace 1
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Rome
Middle school district Rome
High school district Rome
Directions Turn off E Garden St onto Roosevelt Ave, second house on right
Subdivision Rome-Inside-301301
Standard status Active
APN 301301-242-044-0002-050-000-0000
Size 2,552 SF
Lot size 0.49 Acres

Taxes and HOA fees

Tax Annual Amount 6626

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1945
Floors in Building 3
Number of units 2
Flooring type Varies, Vinyl, Hardwood
Building materials VinylSiding
Roof type Asphalt
Architectural style Other
Listing Agency: Coldwell Banker Faith Properties · Coldwell Banker Real Estate
Listed By: Alicia Collver · License #10301220677
Added: Jul 1 Changed: Oct 7 Last Checked: Oct 9 at 4:06AM
MLS# S1695210

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.

Investment Insights

Based on property information with market context.

This 2,552-square-foot duplex, built in 1945, contains three separate apartment-style living spaces. The interiors have been renovated, and the landscaping has been refreshed. Features include a deck, patio, fenced yard, and a detached three-car garage. Separate utilities serve the upstairs and downstairs units.

The property occupies a 0.49-acre lot in Rome, New York. Off-street parking is available via a long driveway, and the backyard provides private outdoor space.

Key Highlights

  • Three apartment‑style living spaces in a duplex configuration
  • 2,552 square feet on a 0.49‑acre lot
  • Detached three‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,114
Cap Rate
8.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,280 $462.3K
Cap Rate 7%
$330,200 $330.2K
Cap Rate 9%
$256,822 $256.8K
Market Conditions
NOI Build-Up for 2,552 SF
Gross rent
$35.2K $13.80/SF
− Vacancy
−$2.2K −$0.86/SF
EGI
$33.0K $12.94/SF
− OpEx
−$9.9K −$3.88/SF
NOI
$23.1K $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%
$462,280
Cap Rate 7%
$330,200
Cap Rate 9%
$256,822

Alternative Uses

Best Use
Multifamily LT 5
$330.2K
$288.9K – $385.2K (±1% cap)
NOI $23,114 @ 7.0% cap · market cap 8.73%
Second Best
Apartment 5plus
$303.5K
$265.6K – $354.1K (±1% cap)
NOI $21,244 @ 7.0% cap · market cap 8.02%
Theoretical Best
Office A
$672.5K
$588.4K – $784.6K (±1% cap)
NOI $47,075 @ 7.0% cap · market cap 17.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Bakery Electrical Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

326
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
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Frequently Asked Questions

What type of property is this?
Duplex - Three apartment-style living areas are paired with private outdoor space and off-street parking.
Where is this duplex located?
The property is located at 625 Roosevelt Avenue Rome, NY.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Three apartment‑style living spaces in a duplex configuration; 2,552 square feet on a 0.49‑acre lot; Detached three‑car garage
More about this property
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