Duplex with Tons of Investment Potential! This spacious two-unit property features a 3-bedroom, 1-bathroom lower apartment and a 4-bedroom, 1-bathroom upper apartment, offering an excellent opportunity for investors looking to build rental income.
The lower unit has previously rented for $1,600 per month, while the upper unit has a rental history of $1,800 per month, providing a potential combined rental income of approximately $3,400 per month when fully rented at those historical rates.
The property also features a large backyard, adding valuable outdoor space for tenants and increasing the property’s rental appeal. With two generously sized units, a proven rental history, and significant income potential, this duplex is a great opportunity to add value and grow your investment portfolio.
The lower unit has previously rented for $1,600 per month, while the upper unit has a rental history of $1,800 per month, providing a potential combined rental income of approximately $3,400 per month when fully rented at those historical rates.
The property also features a large backyard, adding valuable outdoor space for tenants and increasing the property’s rental appeal. With two generously sized units, a proven rental history, and significant income potential, this duplex is a great opportunity to add value and grow your investment portfolio.
Property Details
Price:
$175,000
MLS #:
S1716595
Status:
ActiveUnderContract
Beds:
7
Baths:
2
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
watertowncity221800
Listed Date:
Sep 21, 2026
Finished Sq Ft:
2,535
Total Sq Ft:
2,535
Lot Size:
9,108 sqft / 0.21 acres (approx)
Year Built:
1880
Units:
2
See this Listing
Schools
School District:
Watertown
Interior
Appliances
Electric Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Hardwood, Luxury Vinyl, Varies, Vinyl
Heating
Gas, Forced Air
Levels
Two
Exterior
Construction Materials
Composite Siding, Other, See Remarks
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Parking Features
Gravel, Two Or More Spaces
Stories
2
Financial
Taxes
$1,978
Map
Community
- Address156 North Meadow Street Watertown City NY
- CityWatertown City
- CountyJefferson
- Zip Code13601
Subdivisions in Watertown City
- 252-258 East Main Street
- Binghams Lands
- Bowers Add
- Camp & Boyds Purchase
- Catherine Cuff Prop
- Ch Spragues Pinnacle Park
- City Park Add
- City/Watertown
- City/Watrtown
- Clinton W Riders Add
- Cowans Rearrangement/Lans
- Cullen Prop
- Evergreen Mobile Home Par
- George A Eueleigh
- George E Eveleighs Barben
- Haley Prop
- Hillcrest Farm
- J D Huntingtons Add
- Lansings Add
- Mary A Lansings Add
- Parkview Add
- Pleasant View Add
- Riders Add
- Smith Farm Sub Map #4
- State Street Add
Market Summary
Current real estate data for Multi Family in Watertown City as of Oct 11, 2026
39
Multi Family Listed
93
Avg DOM
88
Avg $ / SqFt
$225,718
Avg List Price
Property Summary
- 156 North Meadow Street Watertown City NY is a Multi Family for sale in Watertown City, NY, 13601. It is listed for $175,000
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Courtesy of Matteson Property Management, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 156 North Meadow Street
Watertown City, NY