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Watertown, MA Multifamily Properties for Sale

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Vacant Triplex with Refreshed Interiors
Updated: Aug 2
Vacant Triplex with Refreshed Interiors

22 Cypress St, Watertown, MA 02472

$1,200,000
2,806 sqft 0.21 AC lot
Three‑unit triplex with 2,806 square feet of property size
Situated on a 0.2112‑acre lot at 22 Cypress St, Watertown, MA 02472
All three units include 2 bedrooms plus refreshed kitchens and baths
Property will be delivered vacant
Gas and electric utilities are separately metered
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Three-Family Residential Income Building
Updated: Jul 8
Three-Family Residential Income Building

34 Irma Ave, Watertown, MA 02472

$1,375,000
3,643 sqft
3‑family building built in 1910 with a 1BD/1BA first‑floor unit and two 2BD/1BA units on the 2nd and 3rd floors
First‑floor unit has an updated kitchen, recessed lights, in‑unit laundry, and central air
2nd- and 3rd‑floor units each offer gas heat and private balconies; the 3rd‑floor unit is recently refreshed
Hardwood floors throughout, plus additional laundry and ample storage in the basement
Two driveways provide off‑street parking
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Duplex with Detached Two-Car Garage
Duplex with Detached Two-Car Garage

60-62 Templeton Pkwy, Watertown, MA 02472

$1,150,000
2,578 sqft

Two distinct residences offer flexibility for an owner occupant or investor.

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Renovated Two-Family Duplex
Renovated Two-Family Duplex

15-17 George St, Watertown, MA 02472

$1,625,000
3,698 sqft

Two separately configured residences share landscaped outdoor space and a doublewide driveway in Watertown.

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Victorian Multifamily Home
Victorian Multifamily Home

45-47 Barnard Ave, Watertown, MA 02472

$1,549,000
2,890 sqft

Historic residential income property with updated interiors, separate heating systems, and landscaped grounds near Watertown Square.

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Duplex with ADU Potential
Duplex with ADU Potential

52-54 Loomis Ave, Watertown, MA 02472

$1,099,000
3,390 sqft

Two-unit property with a private basement entrance, unfinished attic, and outdoor space beneath mature trees.

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Oversized Two-Family Residence
Oversized Two-Family Residence

601-603 Main Street, Watertown, MA 02472

$1,149,900
2,614 sqft

Pristine two-family with eat-in kitchens, formal dining rooms with built-ins, hardwood floors, natural gas heat, and a newer roof.

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Two-Unit Duplex on Corner Lot
Two-Unit Duplex on Corner Lot

146-148 Waverley Ave, Watertown, MA 02472

$1,149,000
2,300 sqft

Renovated first-floor unit, fenced outdoor area, and off-street parking support flexible occupancy.

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Oversized Two-Family Residence
Oversized Two-Family Residence

601-603 Main Street, Watertown, MA 02472

$1,195,000
2,614 sqft

Pristine two-family home with eat-in kitchens, formal dining rooms, hardwood floors, and natural gas heating.

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Duplex with Separate Rental Unit
Duplex with Separate Rental Unit

7 Hearn, Watertown, MA 02472

$1,099,000
2,300 sqft

The property combines a three-bedroom, two-bath residence with a separate first-floor two-bedroom rental unit.

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Multi-Family Corner Home with Porch
Multi-Family Corner Home with Porch

28 Appleton Street, Watertown, MA 02472

$1,350,000
2,889 sqft

Spacious two-unit multi-family with 13 rooms, multiple bedrooms, and a farmer’s porch on a prominent corner lot.

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Multi-Family
Multi-Family

33 Melendy Ave, Watertown, MA 02472

$900,000
2,227 sqft

Duplexes · 2,227 SF

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Brick Two-Family Duplex with Garage
Brick Two-Family Duplex with Garage

55-57 York Ave, Watertown, MA 02472

$899,900
1,800 sqft

Brick two-family duplex featuring hardwood floors, two upstairs bedrooms per unit, and a full separate basement.

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Renovated Two-Unit Duplex
Renovated Two-Unit Duplex

652 Belmont Street, Watertown, MA 02472

$1,890,000
3,137 sqft

Historic character pairs with updated kitchens, baths, in-unit laundry, basement storage, and private outdoor space.

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Triplex with Carports
Triplex with Carports

28 Morse St, Watertown, MA 02472

$1,325,000
4,285 sqft 0.19 AC lot

Three-floor residence offers varied unit layouts, a large parking area, and gas-fired heating and hot water.

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Oversized Two-Family Residence
Oversized Two-Family Residence

601-603 Main Street, Watertown, MA 02472

$1,099,900
2,614 sqft

Pristine two-family duplex with eat-in kitchens, formal dining rooms, hardwood floors, and natural gas heating.

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Duplex With Private Parking Areas
Duplex With Private Parking Areas

26-28 Desmond Ave, Watertown, MA 02472

$1,149,990
2,592 sqft

Two separate 3-bedroom, 1-bath units with individual parking areas and a shared oversized backyard.

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Watertown Two-Family Home with Parking
Watertown Two-Family Home with Parking

7-9 Sparkill St, Watertown, MA 02472

$969,900
1,872 sqft

Well-maintained two-family home in Watertown with updated kitchens.

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Updated Two-Family Duplex
Updated Two-Family Duplex

113 Langdon Ave, Watertown, MA 02472

$1,375,000
2,928 sqft

Two-level units offer distinct layouts, private porches, in-unit laundry, and period architectural details.

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Triplex with Refreshed Kitchens
Triplex with Refreshed Kitchens

22 Cypress St, Watertown, MA 02472

$1,200,000
0.21 AC lot

Three two-bedroom units include separate living and dining areas, with basement laundry and separately metered gas and electric.

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Side-by-Side Duplex
Side-by-Side Duplex

33-35 Rose Avenue, Watertown, MA 02472

$1,250,000
2,255 sqft

Two townhouse-style units offer separate driveways, hardwood flooring, fenced outdoor space, and unfinished basement areas.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

60 Gilbert St, Watertown, MA 02472

Contact for pricing
2,672 sqft

Each residence includes four bedrooms, two full baths, a modern kitchen, central HVAC, and in-unit laundry.

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Two-Family Residential Property
Two-Family Residential Property

38-40 Pequossette St, Watertown, MA 02472

$900,000

Two spacious apartments with porches, a spacious yard, and a partially finished lower level for flexible use.

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Corner-Lot Two-Family Home
Corner-Lot Two-Family Home

64 Commonwealth Rd, Watertown, MA 02472

$1,399,900

Two residences provide distinct layouts, with a two-bedroom lower unit and a substantially larger upper dwelling.

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Watertown, MA Multifamily Properties Market Trends and Statistics

Explore 27 multifamily properties for sale in Watertown, MA, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 58,104 square feet of properties for sale, with an estimated market value of $28,300,490.

Sale prices for multifamily properties in Watertown, MA start at $899,900, averaging $1,230,456, and reaching up to $1,890,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 24
Triplexes 4
Apartment buildings 1

Demographics Overview

Population 35K
Population Growth (5Y) -0.2%
Median Household Income $123,383
College Educated 34.2%

High-Yield Neighborhoods for Investment

Identify Watertown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
02472 $1.2M

Taxes & Financing

Tax Rate (average for all types) 1.96%
Property Tax per SF $13.86 per SF
Tax Rate vs County Average 0.20 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Middlesex County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Middlesex County

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Property Size Breakdown

The majority of commercial real estate listings in Watertown fall within the 10,000 to 25,000 square foot range.

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