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    Watertown, CT Apartment Buildings for Sale

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    28-Unit Multifamily Portfolio
    Updated: Jun 21
    28-Unit Multifamily Portfolio

    805 Main Street, Watertown, CT 06779

    $3,668,000
    2,688 sqft 0.16 AC lot
    28 units across 8 buildings and 4 tax parcels in Watertown, CT
    96.4% occupancy with a diversified mix of 1, 2, and 3 bedroom units
    Capital improvements include new roofs, siding, and porches; most units renovated
    Public water and public sewer; baseboard heating
    Current rents generate $32,665/month and the in‑place cap rate is 7.54%
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Watertown, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Five-Unit Apartment Portfolio with Covered Decks
    Five-Unit Apartment Portfolio with Covered Decks

    363-367 High Street, Naugatuck, CT 06770

    $759,000
    5,191 sqft 0.39 AC lot

    R15-zoned apartment portfolio with covered decks, baseboard heat, and window AC; public water and sewer.

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    Fully Renovated 6-Unit Apartment Building
    Fully Renovated 6-Unit Apartment Building

    227 Hillside Ave, Waterbury, CT 06710

    $750,000
    4,800 sqft

    Turnkey, fully renovated 6-unit building with updated interiors, a coin/card laundry room, and recent roof improvements.

    View details
    Mixed-Use Retail and Apartment Center
    Mixed-Use Retail and Apartment Center

    628 New Haven Road, Naugatuck, CT 06770

    Contact for pricing
    18,770 sqft 2.69 AC lot

    Two-story center with ten ground-floor retail suites and rear apartments, plus an approved 51-unit multifamily development site.

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    Six-Unit Residential Income Building
    Six-Unit Residential Income Building

    345 Huntingdon Ave, Waterbury, CT 06708

    Contact for pricing

    Well-maintained six-unit building offers separately metered, tenant-paid utilities and off-street parking.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Duplex
    Detached Two-Family Duplex

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Off-Market Properties in Watertown, CT

    Consider similar Off-Market properties in Watertown, CT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    354 Woodbury Rd
    APARTMENT HOUSE (5+ UNITS)

    354 Woodbury Rd, Watertown, CT 06795-1732

    $705,000
    Estimated value
    1.34 AC lot
    View details

    Watertown, CT Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Watertown, CT on our real estate platform. These investment opportunities span a total of 2,688 square feet of properties for sale, with an estimated market value of $3,668,000.

    Sale prices for two-family homes in Watertown, CT average $3,668,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 22K
    Population Growth (5Y) +0.3%
    Median Household Income $98,092
    College Educated 50.0%

    High-Yield Neighborhoods for Investment

    Identify Watertown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Oakville - 06779 $3.7M

    Taxes & Financing

    Tax Rate (average for all types) 3.66%
    Property Tax per SF $60.54 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Litchfield County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Watertown fall within the 100,000+ square foot range.

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