Eight-Unit Multifamily Investment
For Sale
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134 Keyes Avenue, Watertown, NY 13601
8-unit multifamily in Watertown with recent capital improvements, offering income-producing housing under one roof.
Property Size8,607 SF
Price / SF$49.96
Days on Market109
Property Features for 134 Keyes Avenue
General Information
Standard status
Active
Size
8,607 SF
Class
B
Property subtype
Multifamily
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$41,656
Additional Details
Multifamily Units
8
Building Details
Year Built
1950
Year Renovated
2020
Buildings
1
Units
8
Tenancy
Multi
Listing Agency:
Cushman & Wakefield Pyramid Brokerage Company Syracuse
Listed By:
Jonathan Weinstein · License #NY
Source:
Crexi
Added: May 29
Changed: Sep 12
Last Checked: Sep 14 at 6:52AM
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 Cushman & Wakefield Pyramid Brokerage Company Syracuse
Investment Insights
Based on property information with market context.
The property at 134 Keyes Avenue consists of an eight-unit multifamily building. The asset has benefited from substantial capital improvements in recent years, and it is presented as a well-maintained residential income property with ongoing rental operations in place.
Located in the City of Watertown, the building is described as conveniently positioned near Downtown Watertown and the Fort Drum military corridor. This makes the property a practical consideration for those looking at smaller multifamily holdings in a market with steady housing demand tied to the surrounding area.
From a tenant and owner-operator standpoint, the key feature is the ability to manage a compact portfolio within a single building while leveraging the improvements already completed. For investors, it offers an opportunity to acquire a maintained eight-unit asset and continue evaluating operational strategies consistent with maintaining and renting well-kept residential units.
Located in the City of Watertown, the building is described as conveniently positioned near Downtown Watertown and the Fort Drum military corridor. This makes the property a practical consideration for those looking at smaller multifamily holdings in a market with steady housing demand tied to the surrounding area.
From a tenant and owner-operator standpoint, the key feature is the ability to manage a compact portfolio within a single building while leveraging the improvements already completed. For investors, it offers an opportunity to acquire a maintained eight-unit asset and continue evaluating operational strategies consistent with maintaining and renting well-kept residential units.
Key Highlights
- 8‑unit multifamily property at 134 Keyes Ave in the City of Watertown
- Year built: 1950
- Recent substantial capital improvements, supporting a well‑maintained asset
Property Analytics
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Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
1,624
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - 8-unit multifamily in Watertown with recent capital improvements, offering income-producing housing under one roof.
Where is this apartment building located?
The property is located at 134 Keyes Avenue Watertown, NY.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: 8‑unit multifamily property at 134 Keyes Ave in the City of Watertown; Year built: 1950; Recent substantial capital improvements, supporting a well‑maintained asset
