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    Watertown, NY Multifamily Properties for Sale

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    Evans Mills, NY Sackets Harbor, NY Calcium, NY
    45 properties
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    Triplex with Vacant Front Units
    Updated: Nov 9, 2025
    Triplex with Vacant Front Units

    1011 Gotham Street, Watertown, NY 13601

    $279,000
    2,595 sqft · 0.93 AC lot
    Triplex on Gotham Street with 3 units: two 2BR/1BA apartments and one 3BR/1BA unit
    Two front units are currently vacant and ready for new tenants or owner occupancy
    Set on a 1‑acre lot within the city limits with a private yard for tenant or owner use
    Year built: 1850; exterior materials include frame, stone, and vinyl siding with a shingle roof
    Interior features include cathedral ceilings and natural woodwork; multiple flooring types including hardwood, vinyl, and carpet
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    This listing looks promising.

    Here's a quick look at some key insights for

    1011 Gotham Street, Watertown, NY 13601

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $21K
      Annual

    • Price @ 7% Cap

      $305K
      Above asking

    • Property Type

      Triplex
      Built 1850
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    Four-Unit Apartment Building
    Updated: Jun 5
    Four-Unit Apartment Building

    1133 State Street, Watertown, NY 13601

    $450,000
    5,640 sqft · 0.46 AC lot
    4‑unit apartment building with 8 bedrooms and 4 bathrooms total
    Total living area listed as 5,640 SF; includes a basement
    All units currently occupied with approximately $3,950/month in rental income
    Two 3‑bedroom, 1‑bath units plus two 1‑bedroom, 1‑bath units
    0.45‑acre city lot and metal roof
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    Watertown Duplex with Two Units
    Watertown Duplex with Two Units

    606 Lansing Street, Watertown, NY 13601

    $119,900
    1,543 sqft · 0.29 AC lot

    Duplex for sale with one occupied unit and one recently renovated, move-in-ready apartment.

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    Turnkey 3-Unit Multifamily Property
    Turnkey 3-Unit Multifamily Property

    723 Franklin Street, Watertown, NY 13601

    $174,900
    2,378 sqft · 0.12 AC lot

    Fully renovated 3-unit corner property with separate utilities and off-street parking, suited for owner-occupants or investors.

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    Updated Triplex in Watertown Heart
    Updated Triplex in Watertown Heart

    522 Cross Street, Watertown, NY 13601

    $230,000
    1,958 sqft · 0.25 AC lot

    Well-maintained 3-unit triplex with income potential in Watertown.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    111 N Orchard Street, Watertown, NY 13601

    $114,900
    2,064 sqft · 0.25 AC lot

    Two-unit home with a partially completed kitchen, multi-level first unit, and shared backyard access.

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    Tenant-Occupied Duplex with Detached Garage
    Tenant-Occupied Duplex with Detached Garage

    345 Brainard Street, Watertown, NY 13601

    $265,000
    2,356 sqft · 0.16 AC lot

    Well maintained duplex with two 2-bedroom units, in-unit laundry, off-street parking, and recent exterior upgrades.

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    Duplex with One Vacant Unit
    Duplex with One Vacant Unit

    126 S Rutland Street, Watertown, NY 13601

    $129,000
    2,768 sqft · 0.19 AC lot

    Two-unit duplex on a corner lot, with one side rented and the other currently vacant.

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    Watertown Duplex with Garage Space
    Watertown Duplex with Garage Space

    537 Cross Street, Watertown, NY 13601

    $180,000
    1,382 sqft · 0.20 AC lot

    Well-maintained duplex with strong rental income and desirable features.

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    Watertown Multifamily Investment Opportunity
    Watertown Multifamily Investment Opportunity

    317 Clay Street, Watertown, NY 13601

    $229,900
    4,969 sqft · 0.20 AC lot

    Four-unit building with additional house to finish.

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    Spacious Duplex in Watertown, NY
    Spacious Duplex in Watertown, NY

    208-210 S Indiana Avenue, Watertown, NY 13601

    $199,900
    4,458 sqft · 0.17 AC lot

    Well-maintained duplex with strong income potential near Thompson Park.

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    Duplex with Separate Utilities
    Duplex with Separate Utilities

    206 S Hamilton Street, Watertown, NY 13601

    $199,900
    2,198 sqft · 0.12 AC lot

    Well-maintained duplex with two units, separate metering, and off-street parking—suited for rental or owner-occupancy.

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    Watertown Duplex: Investment Opportunity
    Watertown Duplex: Investment Opportunity

    135 S Orchard Street, Watertown, NY 13601

    $190,000
    3,057 sqft · 0.13 AC lot

    Spacious Watertown duplex with immediate income potential.

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    Watertown Triplex Investment Opportunity
    Watertown Triplex Investment Opportunity

    132 William Street, Watertown, NY 13601

    $119,000
    2,684 sqft · 0.20 AC lot

    Three-unit triplex in Watertown, NY, with steady cash flow.

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    Watertown Investment Opportunity: Multi-Unit Building
    Watertown Investment Opportunity: Multi-Unit Building

    317 Clay Street, Watertown, NY 13601

    $229,900
    4,969 sqft · 0.20 AC lot

    Renovated four-unit building with additional house to finish.

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    Well-Maintained Duplex in Watertown, NY
    Well-Maintained Duplex in Watertown, NY

    1021 Boyd Street, Watertown, NY 13601

    $155,000
    1,882 sqft · 0.11 AC lot

    Upper/lower duplex with two units, each featuring two bedrooms.

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    Four-Unit Apartment Building with Garage
    Four-Unit Apartment Building with Garage

    1133 State St, Watertown, NY 13601

    $450,000
    5,640 sqft · 0.45 AC lot

    Four occupied units with shared laundry and a detached rear garage, supporting dependable rental income.

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    Watertown Multifamily Income Opportunity
    Watertown Multifamily Income Opportunity

    138 and 146 W Main Street, Watertown, NY 13601

    $629,000
    6,880 sqft · 0.11 AC lot

    Eleven-unit multifamily property in Watertown, NY, with strong income potential.

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

    340-342 N Rutland Street, Watertown, NY 13601

    $89,900
    2,310 sqft · 0.16 AC lot

    Two-family duplex offers two bedrooms per unit and separate utilities with off-street parking.

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    Watertown Multifamily Portfolio Opportunity
    Watertown Multifamily Portfolio Opportunity

    1005-1013 Academy St, Watertown, NY 13601

    $395,000
    4,800 sqft · 0.30 AC lot

    Six units in one transaction with income potential.

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    Duplex With Two Occupied Units
    Duplex With Two Occupied Units

    812 Bronson Street, Watertown, NY 13601

    $99,900
    1,406 sqft · 0.08 AC lot

    Two fully occupied apartments in a duplex format, providing rental income with current tenants already in place.

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    Watertown Triplex on Acre Lot
    Watertown Triplex on Acre Lot

    1011 Gotham St, Watertown, NY 13601

    $289,500
    2,595 sqft · 1.00 AC lot

    Well-maintained triplex with spacious units and development potential.

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    Turnkey 3-Unit Multifamily Property
    Turnkey 3-Unit Multifamily Property

    723 Franklin St, Watertown, NY 13601

    $174,900

    Fully renovated triplex with separate utilities and updated interiors plus off-street parking on a corner lot.

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    Watertown Two-Unit Vacant Property
    Watertown Two-Unit Vacant Property

    127 High Street, Watertown, NY 13601

    $95,000
    1,276 sqft · 0.15 AC lot

    Vacant two-unit property, centrally located, good investment opportunity.

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    Watertown, NY Multifamily Properties Market Trends and Statistics

    Explore 54 multifamily properties for sale in Watertown, NY, showcased through 45 active listings on our real estate platform. These investment opportunities span a total of 143,567 square feet of properties for sale, with an estimated market value of $8,094,900.

    Sale prices for multifamily properties in Watertown, NY start at $87,500, averaging $261,125, and reaching up to $726,900 — 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 26
    Apartment buildings 15
    Triplexes 10
    Quadplexes 5

    Demographics Overview

    Population 54K
    Population Growth (5Y) +4.2%
    Median Household Income $59,277
    College Educated 30.8%

    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
    13601 $305.6K

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

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