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    317 Clay St Watertown, NY 13601

    For Sale
    $229,900

    COMMERCIAL - Watertown, NY

    Property size:
    4,969 SF
    Lot size:
    0.20 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 317 Clay St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Basement
    Bedrooms
    4
    APN
    221800-011-000-0004-208-000-0000
    Parking features
    Garage
    Exterior features
    GravelDriveway
    Appliances
    ElectricOven, ElectricRange, ElectricWaterHeater, Refrigerator
    Size
    4,969 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    2
    Number of units
    5
    Flooring type
    Vinyl, Carpet, Varies, Hardwood, Tile
    Building materials
    WoodSiding
    Roof type
    Asphalt

    Keller Williams Realty Syracuse (315) 701-6900 [email protected]

    Listing agent The Kenney Team (315) 459-6619 License #10401267148

    Listing date Oct 16, 2025

    Copyright © 2025 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 Investment Opportunity: Multi-Unit Building

    This property presents an investment opportunity featuring a four-unit building that has been almost completely renovated and is fully occupied. An additional house located in the back of the property has been gutted to the studs and requires completion to realize its full potential. The property includes a 4969 square foot building on a lot size of 0.2015 acres. Intended use of the property is for residential income. Located in Watertown, Jefferson County, New York.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Jefferson
    State
    New York
    Longitude
    -75.907049
    Latitude
    43.971507

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    FAQs

    What type of property is this?
    Apartment building - Renovated four-unit building with additional house to finish.
    Where is this apartment building located?
    The property is located at 317 Clay St Watertown, NY.
    What is the asking price?
    The asking price for this property is $229,900.
    What are key features of this property?
    This property features: - Fully occupied 4-unit building provides immediate rental income.; - Additional house gutted to the studs presents an opportunity to increase income potential upon completion.; - Substantial renovations already completed on the 4-unit building.
    (315) 459-6619
    Request Owner's contact information
    317 Clay St Watertown, NY 13601
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    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
    317 Clay St Watertown, NY 13601
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