509 W Thomas St, Rome, NY, 13440
About This Home
Whether you’re looking to expand your investment portfolio or offset your mortgage with rental income, this move-in ready two-unit property offers exceptional flexibility and opportunity. Owner occupy one unit while generating income from the other, or maximize returns by utilizing both as rental units. After some exterior sprucing up is completed, you have yourself an absolute GEM! The main level unit has been refreshed with updated laminate flooring and fresh paint, creating a bright and welcoming atmosphere. Features include a spacious eat-in kitchen complete with gas stove, refrigerator, washer, and dryer, an updated bathroom, two generously sized bedrooms, a formal dining room, and a large living room. Enjoy the added bonus of both front and side porches for outdoor relaxation. Upstairs, the second unit offers another 2 bedroom, 1 bath layout featuring a large eat-in kitchen, formal dining room, and spacious living room. An insulated rear room provides the perfect transition space from the rear entrance and would make an ideal mudroom, drop zone, or additional storage area. Additional highlights include ample off-street parking, a spacious partially fenced backyard, updated vinyl windows, and abundant storage throughout, including oversized bedroom closets and a storage shed. The property is equipped with separate gas meters, electrical services, water heaters, and gas furnaces for each unit, offering convenience and independence for occupants. An added bonus is the property’s low assessment, resulting in VERY AFFORDABLE TAXES that include unmetered water, sewer, garbage collection, and green waste pickup for both units. Conveniently located with easy access to all areas of the city and major roadways, this property is also close to local recreational amenities including JFK Arena for winter ice skating and the Municipal pool for summer fun. Opportunities like this don’t come along often... whether you’re an investor or owner-occupant, this one deserves a closer look.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1900
Materials
- Foundation: Stone
- Roof: Asphalt,Shingle
- Construction materials: Cedar,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
- Laundry features: Washer Hookup
Basement
- Has basement: Yes
- Basement: Exterior Entry,Full,Walk-Up Access
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Ceiling Fan(s)
- Window features: Thermal Windows
- Flooring: Carpet,Other,See Remarks,Varies,Vinyl
Heating
- Heating features: Gas,Forced Air
Interior Area
- Total structure area: 2,580
- Total interior livable area: 2,580 sqft
Property
Details
- Parcel number: 30130124202500010750000000
- Zoning description: Residential 2 Unit
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Exterior features: Fence
- Fencing: Partial
Lot
- Lot size: 5,227 sqft
- Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 48 x 116
Parking
- Parking features: Paved,Two or More Spaces
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Cold Wave
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Oneida County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $707 | $8,484 |
| Home Insurance * | $77 | $924 |
| Property Taxes | $201 | $2,412 |
| Electricity | $426 | $5,116 |
| Total | $1,411 | $16,932 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Pending sale | $134,900 |
| 2026-08-06 | Price change | $134,900 |
| 2026-07-17 | Listed for sale | $139,900 |
| 1991-05-23 | Sold | $47,000 |
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