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Three-Unit Multifamily Property
New
For Sale
$360,000

228 Keyes Avenue, Watertown, NY 13601

Three residential units are leased to established occupants near downtown, a hospital, and schools.

Property Size5,114 SF
Price / SF$70.39
Days on Market6

Property Features for 228 Keyes Avenue

General Information

Standard status Active
Size 5,114 SF
Property subtype Multi Family
Occupancy 100%

Additional Details

Multifamily Units 3
Listing Agency: North Star Real Estate & Property Management
Listed By: Jeff Powell
Source: Nicholcityrealty
Added: Sep 1 Changed: Sep 2 Last Checked: Sep 6 at 9:13AM

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 North Star Real Estate & Property Management

Investment Insights

Based on property information with market context.

This multifamily property contains three residential units within 5,114 square feet. Each unit is currently occupied, with long-term tenants already in place across the building.

The property is located within walking distance of downtown, a hospital, and schools. Its existing occupancy and three-unit configuration provide a defined residential income property profile for continued ownership.

Key Highlights

  • Three‑unit multifamily property
  • 5,114 square feet of total property size
  • All 3 units are currently rented

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Storage Facility HVAC Service Carpet & Flooring Store Tech Support Center (Bike/Boat/Book/etc) Store Electrical Service

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,632
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units are leased to established occupants near downtown, a hospital, and schools.
Where is this triplex located?
The property is located at 228 Keyes Avenue Watertown, NY.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Three‑unit multifamily property; 5,114 square feet of total property size; All 3 units are currently rented
More about this property
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