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#S1614858, Michael J Miner, Listing office: Miner Realty & Prop Management
Property details
About 408 S Madison St
Investor Alert!!! This spacious 3-bedroom, 2-bath home sits on a generous double city lot and offers incredible potential for the right buyer. The property was impacted by last year’s tornado and has since been deemed uninhabitable by the City of Rome due to roof and rafter damage. During inspections, portions of the kitchen and ceiling were removed for asbestos remediation. The layout includes an unfinished area with a private entrance—ideal for conversion into a small income-producing apartment, an in-law suite, or additional living space. Features include replacement windows and ample square footage to reimagine the property to your vision. Cash-only or Rehab Loan only sale. Property requires renovation and is being sold as-is. A prime opportunity for experienced investors or builders looking to bring new life to a structurally promising home in a desirable area close to shopping, main roadways, parks.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
CoolingOther
Size2,534 sqft
BasementYes
Lot size0.25 Acres
Year built1920
ParkingNo Garage
MLS #S1624174
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Electric Water Heater, Gas Oven, Gas Range, Refrigerator
- Basement: Yes
- Flooring Type: Carpet, Laminate, Varies
- Interior: Eat-in Kitchen, Other, See Remarks
- Total Bedroom Count: 3
- Parking: No Garage
- Exterior: Gravel Driveway
- Architectural Style: Two Story
- Heating: Natural Gas, Forced Air
- Cooling: Other
- List Price: $69,000
- Price/SqFt: $27
- Annual Tax Amount: $3,542
- Tax Year: 2022
- Lot: Rectangular Lot
- Year Built: 1920
- Stories: 2
- Living Area: 2,534 SqFt
- Lot Size: 0.25 Acres
- MLS Number: S1624174
- MLS Name: NYS
- Office Name: Hunt Real Estate ERA
- Office Phone: (315) 801-9705
- Office Email: nicholas.mancari@huntrealestate.com
- Listing Agent: Ciro Raspante
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/22/2025, 1:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 27, 2018 | Home Sold | $71,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $45,000 | $- |
| 2022 | $45,000 | $3,542 |
| 2021 | $45,000 | $3,945 |
| 2020 | $45,000 | $3,945 |
| 2019 | $45,000 | $1,927 |
| 2018 | $45,000 | $1,843 |
| 2017 | $45,000 | $1,801 |
History based on county public records data.
Nearby schools
2
Gansevoort Elementary School
Public District KG-6
0.7 mi
•758 W Liberty St
3
Louis V Denti Elementary School
Public District KG-6
1.6 mi
•1001 Ruby St
2
Bellamy Elementary School
Public District KG-6
2.3 mi
•7118 Brennon Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,170. Most Rome, NY residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
38%
<35k
55%
35k-100k
6%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
47%
Single, No Kids
16%
Single, with Kids
22%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
10%
12-17 yrs old
20%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing
Horse Races
Where do the neighbors shop?
Family Dollar
Big Lots
Stein Mart
Where do the neighbors go to eat?
White Castle
Golden Corral
LongHorn Steakhouse
What do the neighbors drive?
Chevrolet
Kia
Buick
What do the neighbors listen to?
Rock
Adult Standards
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 408 S Madison St
The listing price of 408 S Madison St property is $69,000.
The property 408 S Madison St is a house located in Rome, New York, 13440.
Active Listing: 408 S Madison St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 408 S Madison St are: Gansevoort Elementary School (GreatSchools Rating 2/10), Louis V Denti Elementary School (GreatSchools Rating 3/10), Bellamy Elementary School (GreatSchools Rating 2/10), Lyndon H Strough Middle School (GreatSchools Rating 4/10), Vernon-Verona-Sherrill Middle School (GreatSchools Rating 6/10), Whitesboro Middle School (GreatSchools Rating 6/10), Rome Free Academy (GreatSchools Rating 4/10), Oriskany Junior-Senior High School (GreatSchools Rating 9/10), Donald H Crane Junior/Senior High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2022 is $3,542 (source: MLS/based on county public records data).
The last sale was on September 27, 2018 for $71,900 (source: MLS/tax record).
The property at 408 S Madison St has 3 bedrooms and 2 bathrooms.
The property 408 S Madison St is 2,534 SqFt (source: MLS/tax record).
The year of construction for 408 S Madison St is 1920.
This home is located at 408 S Madison St in Rome, NY and zip code 13440. This 2,534 square foot home, which was built in 1920, sits on a 0.25 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 22, 2025 and is currently priced at $69,000.
In June 2025, from all listings sold in Rome, NY there were more than 13 sold above asking price, over 12 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Rome, NY between May and June 2025 increased by 15.1%. Listings spent 24 days on the market in June 2025, and had a median list price of $184,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.