Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    138 W Main St Watertown, NY 13601

    Sponsored
    For Sale
    Under Contract
    $629,000

    MULTI_FAMILY - Watertown, NY

    Property size:
    6,880 SF
    Lot size:
    0.11 Acres
    Days on Market:
    19
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 138 W Main St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Rooms
    Bedroom 5, Bedroom 3, Bedroom 7, Bedroom 6, Basement, Bedroom 1, Bedroom 2, Bedroom 9, Bedroom 8, Bedroom 4
    Bedrooms
    9
    APN
    221800-002-000-0002-106-000-0000
    Parking features
    Garage
    Exterior features
    BlacktopDriveway
    Appliances
    Dishwasher, ElectricWaterHeater, GasCooktop, Refrigerator
    Size
    6,880 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Natural Gas, Baseboard, Forced Air
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    3
    Number of units
    11
    Flooring type
    Varies, Hardwood, Carpet
    Building materials
    Block, Concrete, Stone, VinylSiding
    Roof type
    Asphalt

    Bridgeview Real Estate Services (315) 782-9292 [email protected]

    Listing agent Kirk Gilchrist (315) 782-9292 License #10401317321

    Listing date Dec 18, 2025

    MLS# S1620075 Listing URL

    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.

    Overview

    Watertown Multifamily Income Opportunity

    This multifamily property in Watertown, NY, features eleven units and generates substantial income. Many of the units have been updated. The property is situated on a lot measuring approximately 0.109 acres. The building has a total area of 6,880 square feet. Located in Watertown, the property presents a significant income-producing opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Josephine Apartments Apartment Building

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Jefferson
    State
    New York
    Longitude
    -75.908061
    Latitude
    43.979693

    Nearby Similar for Sale

    • $320,000
      2,595 SF

      Watertown Triplex on Large Lot

      Well-maintained triplex with income potential in a desirable location.
      1011 Gotham St, Watertown, NY 13601
      View Details
    • $230,000
      2,350 SF

      Watertown Duplex: Income Potential

      Fully rented duplex in Watertown, NY with recent renovations.
      304 Mullin St, Watertown, NY 13601
      View Details
    • $129,900
      1,594 SF

      Watertown Two-Unit Home with Garage

      Well-maintained 2-unit home with garage and additional lots.
      148 E Division St, Watertown, NY 13601
      View Details
    • $139,900
      1,444 SF

      Watertown Multi-Unit Turnkey Property

      Turnkey duplex with immediate cash-flow potential in Watertown, NY.
      827 Ann St, Watertown, NY 13601
      View Details
    • $450,000
      5,344 SF

      Historic Downtown Watertown Commercial Property

      Historic commercial property in downtown Watertown with high visibility and foot traffic.
      18-24 Public Sq, Watertown, NY 13601
      View Details
    • $99,000
      Pending

      Watertown Duplex: Prime Location

      Charming duplex near downtown Watertown amenities and services.
      317 Academy St, Watertown, NY 13601
      View Details
    • $123,500
      1,276 SF

      Watertown Two-Unit Vacant Property

      Vacant two-unit property, centrally located, good investment opportunity.
      127 High St, Watertown, NY 13601
      View Details
    • $229,900
      4,969 SF

      Watertown Investment Opportunity: Multi-Unit Building

      Renovated four-unit building with additional house to finish.
      317 Clay St, Watertown, NY 13601
      View Details
    • $105,000
      Pending

      Watertown Duplex Investment Opportunity

      Fully occupied duplex in Watertown, NY with strong rental potential.
      1200 Bronson St, Watertown, NY 13601
      View Details
    • $87,500
      1,734 SF

      Watertown Duplex Investment Opportunity

      Duplex in Watertown, great investment potential, priced to sell.
      682 Bronson St, Watertown, NY 13601
      View Details
    • $30,000
      3,384 SF

      Versatile Property Near Watertown

      0.40-acre parcel with building, ideal for storage or commercial use.
      20010 State Route 12F, Watertown, NY 13601
      View Details
    • $399,900
      8,509 SF

      Watertown Multifamily Investment Opportunity

      Charming 6-unit apartment building on a spacious 0.80-acre lot.
      264 S Massey St, Watertown, NY 13601
      View Details

    FAQs

    What type of property is this?
    Apartment building - Eleven-unit multifamily property in Watertown, NY, with strong income potential.
    Where is this apartment building located?
    The property is located at 138 W Main St Watertown, NY.
    What is the asking price?
    The asking price for this property is $629,000.
    What are key features of this property?
    This property features: - Income-producing 11-unit property.; - High rental income (over $9,000).; - Many units have been updated.
    (315) 782-9292
    Request Owner's contact information
    138 W Main St Watertown, NY 13601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    138 W Main St
    Watertown, NY 13601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    138 W Main St Watertown, NY 13601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.