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    Watertown, WI
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    Watertown, WI Multifamily Properties for Sale

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    Ixonia, WI Johnson Creek, WI Reeseville, WI Jefferson, WI Oconomowoc, WI Sullivan, WI Lake Mills, WI Waterloo, WI
    14 properties
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    Historic Duplex with Short-Term Unit
    Updated: May 7
    Historic Duplex with Short-Term Unit

    414 Dewey Avenue, Watertown, WI 53094

    $359,000
    1,966 sqft
    1909 historic home with duplex setup on a corner lot at 414 Dewey Ave in Watertown’s Riverside neighborhood
    Upper unit (“The Albert Inn”) has 2 bedrooms, kitchen, living room, porch, walk‑up attic, and includes furnishings/appliances
    Main level offers 2 bedrooms, 1.5 baths, fireplace, 3‑season porch, basement, and classic woodwork
    Separate HVAC units for the upper and main levels
    Full basement with block foundation; heating is radiant with natural gas
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    This listing looks promising.

    Here's a quick look at some key insights for

    414 Dewey Avenue, Watertown, WI 53094

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    • Est. Cap Rate

      4.9%
      NOI ÷ price

    • Est. NOI

      $18K
      Annual

    • Price @ 7% Cap

      $251K
      Suggested
    View Property Analytics
    Quadplex With Detached Shop
    Updated: Jul 11
    Quadplex With Detached Shop

    N700 Kaddatz Drive, Watertown, WI 53098

    $550,000
    7.68 AC lot
    Four‑unit quadplex on a 7.68‑acre double‑parcel property
    Detached rented shop with heat and a newer roof
    Unit 704 has updated windows and flooring, plus a new furnace and AC
    Six bedrooms and five bathrooms based on the listed room count
    Tenants pay all major utilities
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    All-Brick Fourplex with Garages
    All-Brick Fourplex with Garages

    400 Franklin Street, Unit 14, Watertown, WI 53094

    $700,000
    4,464 sqft

    Four residential units each feature two bedrooms, one full bath, in-unit laundry, and a 1.5-car garage.

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    Triplex Residential Income Property
    Triplex Residential Income Property

    301 South 2nd Street, Watertown, WI 53094

    $289,900
    6,969 sqft

    Three-unit residential income property with listed security deposits for the lower, main, and upper units.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    6-Unit Rental Property with Private Entrances
    6-Unit Rental Property with Private Entrances

    510 North 4th Street, Watertown, WI 53094

    $369,900
    5,227 sqft

    Fully occupied 6-unit rental with private entrances and a backyard, generating $4,100/month in rent.

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    Owner-Occupy Triplex Investment
    Owner-Occupy Triplex Investment

    222 Margaret Street, Watertown, WI 53098

    $509,900
    11,761 sqft

    Triplex with three 3-bedroom, 1-bath units, with upgrades including remodeled bathrooms, flooring, windows, and appliances.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    500 South 2nd Street, Watertown, WI 53094

    $379,900
    4,356 sqft

    Income-producing multifamily property with four unit types and one currently vacant unit.

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    4-Unit Brick Quadplex
    4-Unit Brick Quadplex

    701 North 2nd Street, Watertown, WI 53098

    $359,900
    3,484 sqft

    Four month-to-month units offer an established multifamily configuration with tenant-paid gas and electric service.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    1405 Oconomowoc Ave, Watertown, WI 53094

    $1,760,000

    Riverfront apartment property with private entrances, private basements, and tenant-paid electric and gas utilities.

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    4-Unit Quadplex with Garages
    4-Unit Quadplex with Garages

    1012 Meadow St, Watertown, WI 53094

    $624,500

    Four residences offer individual climate control, appliances, private storage, and attached garage access.

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    Three-Bedroom Duplex
    Three-Bedroom Duplex

    217-12-217 S 7th Street, Watertown, WI 53094

    $249,900

    Each unit provides three bedrooms with spacious floor plans and differing occupancy arrangements.

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    Side-by-Side Duplex with Yard
    Side-by-Side Duplex with Yard

    219 Emerald Street, Watertown, WI 53098

    Contact for pricing

    Two residential units include separate driveways, basement laundry hookups, and a fenced private outdoor area for the rear residence.

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    Duplex With Recent Roof And Furnaces
    Duplex With Recent Roof And Furnaces

    600 N 4th Street, Watertown, WI 53098

    Contact for pricing

    Owner-occupied duplex for sale in Watertown with a roof and gutters under a year old and two recently replaced furnaces.

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    Historic Power House Renovation Project
    Historic Power House Renovation Project

    245 S Concord Ave, Watertown, WI 53094

    Contact for pricing
    13,161 sqft

    Four-story historic building with approved condo renovation plans.

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 14 Active listings in Watertown, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Victorian Duplex with Detached Garage
    Victorian Duplex with Detached Garage

    800 N Main Street, Lake Mills, WI 53551

    $375,000
    0.75 AC lot

    R3-zoned residential property with a flexible two-family layout and substantial accessory storage.

    View details
    Side-by-Side Duplex
    Side-by-Side Duplex

    N4560 Hickory Rd, Hustisford, WI 53034

    $435,000
    3,300 sqft 0.93 AC lot

    Both units are tenant-occupied, supporting continued rental use.

    View details
    Side-by-Side Duplex with Garages
    Side-by-Side Duplex with Garages

    N4583 Hickory Road, Hustisford, WI 53034

    $439,900
    2,966 sqft

    Two-story duplex with matching layouts, attached garages, unfinished lower levels, and outdoor access from both kitchens.

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    3-Bedroom Duplex Investment
    3-Bedroom Duplex Investment

    613-615 Topeka Dr, Lake Mills, WI 53551

    Contact for pricing

    Two 3-bedroom units feature 2 baths, with a walkout to a spacious backyard and existing rental occupancy.

    View details

    Watertown, WI Multifamily Properties Market Trends and Statistics

    Explore 14 multifamily properties for sale in Watertown, WI, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 51,388 square feet of properties for sale, with an estimated market value of $6,152,900.

    Sale prices for multifamily properties in Watertown, WI start at $249,900, averaging $559,354, and reaching up to $1,760,000 — 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

    Apartment buildings 4
    Duplexes 4
    Quadplexes 4
    Triplexes 2
    Short term rental properties 1

    Demographics Overview

    Population 30K
    Population Growth (5Y) -3.6%
    Median Household Income $72,428
    College Educated 25.0%

    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
    53094 $323.2K
    53098 $523.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.81%
    Tax Rate vs County Average 0.38 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jefferson County

    New Delisted

    Total CRE Inventory on Market (SF)

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