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Italianate Victorian Multifamily Opportunity
For Sale
$374,900

229 Clinton St, Watertown, NY 13601

Versatile Victorian with income potential near Watertown's hospital district.

Property Size5,950 SF
Days on Market129

Property Features for 229 Clinton St

General Information

Standard status Active
Size 5,950 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $8,833

Building Details

Building Size 5,950 SF
Year Built 1888
Stories 2
Units 2
Listing Agency:
Listed By: Joseph Murtha
Source: Elliman
Added: Apr 15 Changed: Aug 16 Last Checked: Aug 20 at 9:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Joseph Murtha

Investment Insights

Based on property information with market context.

Constructed in 1860, this Italianate Victorian property offers flexibility for various uses, including a single-family residence, a luxury owner-occupied duplex, or a three-unit income property. The home showcases 19th-century craftsmanship with updates for modern living. It features soaring ceilings, a large formal living room and dining room with dentil molding, raised wood paneling, leaded glass, and hardwood floors. The updated kitchen includes cherry cabinetry, granite countertops, and stainless appliances. The layout includes six to eight bedrooms, with multiple primary suites, and five-and-a-half baths, suitable for single-family or multi-unit configurations. A three-stall carriage house provides additional storage, office space, or future income potential. The property is located minutes from Watertown's hospital district and Fort Drum. The bike score is 45, indicating it is somewhat bikeable, and the walk score is 53, indicating it is somewhat walkable.

Key Highlights

  • Flexible property: Adaptable as a single‑family home, duplex, or three‑unit income property.
  • Updated kitchen: Features cherry cabinetry, granite countertops, and stainless steel appliances.
  • Multiple primary suites and 5.5 baths: Offers comfortable living.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Storage Facility Carpet & Flooring Store HVAC Service Cafe & Coffee Shop Electrical Service Garden Center

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

Location Intelligence

Trade Area within ½ mile

1,545
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

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?
Multifamily property - Versatile Victorian with income potential near Watertown's hospital district.
Where is this multifamily property located?
The property is located at 229 Clinton St Watertown, NY.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Flexible property: Adaptable as a single‑family home, duplex, or three‑unit income property.; Updated kitchen: Features cherry cabinetry, granite countertops, and stainless steel appliances.; Multiple primary suites and 5.5 baths: Offers comfortable living.
More about this property
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