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    Watertown, NY Triplexes for Sale

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    Evans Mills, NY Sackets Harbor, NY Calcium, NY Rutland, NY Black River, NY Dexter, NY East Rodman, NY Clayton, NY
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    Watertown Triplex on Acre Lot
    Updated: Oct 21, 2025
    Watertown Triplex on Acre Lot

    1011 Gotham St, Watertown, NY 13601

    $279,000
    2,595 sqft 1.00 AC lot
    Exceptional investment opportunity in a desirable Watertown neighborhood.
    Large one‑acre lot within city limits offers ample outdoor space and development potential.
    Two vacant units provide immediate income potential or owner‑occupancy options.
    Triplex configuration: two 2‑bedroom units and one 3‑bedroom unit.
    Convenient location near downtown, schools, shopping, and parks.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1011 Gotham St, 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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    Turnkey 3-Unit Multifamily Property
    Updated: Jun 18
    Turnkey 3-Unit Multifamily Property

    723 Franklin Street, Watertown, NY 13601

    $174,900
    2,378 sqft 0.12 AC lot
    Fully renovated 3‑unit multifamily at 723 Franklin Street in Watertown, NY (Jefferson County), built in 1870
    Each unit updated with modern kitchens, renovated bathrooms, grey laminate flooring, and fresh finishes
    Separate utilities for the 3 units, supporting efficiency and easier property management
    Corner lot with durable vinyl siding and off‑street parking
    Heating: forced air with natural gas; water source: public
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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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    Triplex with Vacant Front Units
    Triplex with Vacant Front Units

    1011 Gotham Street, Watertown, NY 13601

    $279,000
    2,595 sqft 0.93 AC lot

    Triplex with three residential units, including two currently vacant, on a one-acre lot within city limits.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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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    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 Triplex Investment Opportunity
    Watertown Triplex Investment Opportunity

    522 Cross St, Watertown, NY 13601

    $230,000

    Well-maintained 3-unit triplex with immediate income potential.

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    Italianate Victorian Multifamily Opportunity
    Italianate Victorian Multifamily Opportunity

    229 Clinton St, Watertown, NY 13601

    $399,900

    Versatile Victorian with income potential near Watertown's hospital district.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Watertown, NY, 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.

    Three-Home Residential Income Property
    Three-Home Residential Income Property

    2704 State Route 28, Thendara, NY 13472

    $799,000
    3,238 sqft 0.94 AC lot

    Three homes plus a barn sit on a corner lot, offering room to finish and configure for income or alternate use.

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    Corner Residential Income Property
    Corner Residential Income Property

    2704 State Route 28, Thendara, NY 13472

    $799,000
    3,238 sqft 0.94 AC lot

    Three homes plus a barn sit on a corner lot in Thendara, NY, offering renovation options for income use.

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    Carthage, NY Triplex Investment
    Carthage, NY Triplex Investment

    521 Francis Street, Carthage, NY 13619

    $210,000
    2,856 sqft 0.26 AC lot

    Triplex in Carthage, NY with strong income potential.

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    Mixed-Use Income Property with Corner Lot
    Mixed-Use Income Property with Corner Lot

    519 W End Ave, Carthage, NY 13619

    $230,000
    8,808 sqft

    A mixed-use building with three apartments, two commercial spaces, and a corner lot plus attached garage and yard.

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    Watertown, NY Triplexes Market Trends and Statistics

    Explore 8 triplexes for sale in Watertown, NY, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 12,210 square feet of properties for sale, with an estimated market value of $1,081,900.

    Sale prices for three-family homes in Watertown, NY start at $119,000, averaging $216,380, and reaching up to $279,000 — 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 25
    Triplexes 10
    Apartment buildings 8
    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 $250.3K

    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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