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4-Unit Apartment Building
For Sale
$434,000

1133 State Street, Watertown, NY 13601

Residential, Watertown, NY

Property Size5,640 SF
Lot Size0.46 Acres
Price / SF$76.95
Days on Market102

Property Features for 1133 State Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bathroom 3, Basement, Bedroom 1, Bedroom 3, Bedroom 8, Bathroom 4, Bedroom 7, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 6, Bedroom 4
Patio and Porch features Porch
Interior features EntranceFoyer
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Watertown
Middle school district Watertown
High school district Watertown
Subdivision Watertown-City-221800
Standard status Active
APN 221800-006-000-0015-103-000-0000
Size 5,640 SF
Lot size 0.46 Acres

Taxes and HOA fees

Tax Annual Amount 3313

Utilities

Heating system Forced Air, Zoned, Natural Gas
Cooling system Zoned
Water source Public

Amenities

hardwood flooring
common laundry area
detached garage

Building Details

Year built 1950
Floors in Building 2
Number of units 4
Flooring type Hardwood, Vinyl, Varies
Building materials VinylSiding
Roof type Metal
Architectural style Other
Listing Agency: Keller Williams Northern New York · Keller Williams Realty
Listed By: Mark Taylor · License #10401336090
Added: Jun 5 Changed: Sep 12 Last Checked: Sep 14 at 1:06PM
MLS# S1685932

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.

Investment Insights

Based on property information with market context.

This 4-unit multifamily property in Watertown includes 5,640 square feet with a total of 8 bedrooms and 4 bathrooms. The unit mix consists of two 3-bedroom, 1-bath apartments and two 1-bedroom, 1-bath apartments. Hardwood and vinyl flooring, a common laundry area, porches, and an entrance foyer are among the interior and shared features. The building was constructed in 1950 and has vinyl siding, a metal roof, public water, natural-gas forced-air heat, and zoned heating and cooling.

The property occupies a 0.4569-acre city lot at 1133 State Street in Watertown, NY. A detached garage at the rear provides additional enclosed space. All four apartments are currently occupied, with one 1-bedroom unit expected to become vacant at the end of June. The property includes two 3-bedroom apartments and two 1-bedroom apartments within the existing configuration.

Key Highlights

  • 5,640‑square‑foot building on a 0.4569‑acre city lot
  • Four apartments with 8 bedrooms and 4 bathrooms
  • Unit mix includes two 3‑bedroom, 1‑bath apartments and two 1‑bedroom, 1‑bath apartments

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Electrical Service Parking Lot & Garage Garden Center Computer & Electronic Repair Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

307
Businesses Nearby

Demographics for 13601, NY

37,287
Population
18,653
Households
2
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
140.8 sq mi
ZIP Area
265
Density / Sq Mi
$57,503
Median Household Income
$37,061
Median Earnings
$974
Median Rent
$170,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Multifamily property with two three-bedroom units, two one-bedroom units, and shared laundry.
Where is this quadplex located?
The property is located at 1133 State Street Watertown, NY.
What is the asking price?
The asking price for this property is $434,000.
What are key features of this property?
This property features: 5,640‑square‑foot building on a 0.4569‑acre city lot; Four apartments with 8 bedrooms and 4 bathrooms; Unit mix includes two 3‑bedroom, 1‑bath apartments and two 1‑bedroom, 1‑bath apartments
More about this property
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