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- Description
- Property Details
- Location
- Facts & Features
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$239,900
Monthly Est:$1,194
5 Beds
- 4 Baths
4 full baths
3,066sqft
418 Clay St, Watertown, NY 13601
$239,900
$1,194/moEst:
Get Pre-Approved
Multi Family
Built in 1937
$-- HOA
0.11 acre lot
$78/sq.ft
Description
4-Unit Income Property in Downtown Watertown
Exceptional cash-flowing investment in prime Watertown location, just 3 blocks from Public Square. This well-maintained 4-unit building is ready to perform immediately. It's ideal for owner-occupant house hackers or portfolio investors seeking strong returns.
UNIT BREAKDOWN: Three 1-bedroom units and one 2-bedroom unit. Each unit features a private porch, built-in refrigerator, and stove.
CURRENT INCOME: Monthly rents total $3,140 ($850 + $750 + $770 + $770). Annual gross income: $37,680. Property taxes: Under $2,300/year. Tenants pay own electric; landlord covers heat and water.
RECENT IMPROVEMENTS: Driveway, gas boiler updated, soffit and fascia refreshed.
WHY THIS WORKS: 4 units are rare in this market! Strong central location with consistent tenant demand and minimal capital expenditure needs. Property is well-maintained and positioned to generate immediate cash flow. Perfect stepping stone for owner-occupants looking to house hack while building equity, or a solid addition for active investors scaling portfolios.
- Houzeo last checked: 3 minutes ago
- Listing updated: October 16, 2026 at 11:35 pm
- Listing Provided by: Joseph Murtha DRE #10401340808 | North Star Real Estate & Property Management (315) 777-4365
- Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: S1703592

Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1937
HOA Fees
-
Finished Area
3,066 sqft
Lot Size
0.11 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
S1703592
MLS Status
Active
Days on Market
86
Cumulative Days on Market
73

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Interior
Interior Features
Ceiling Fans, Pull Down Attic Stairs
Appliances
Electric Water Heater
Heating
Gas, Radiators
Sewer
Connected
Flooring
Carpet, Luxury Vinyl, Varies
Construction
Year Built
Year Built: 1937
Home type
Multi Family
Property Condition
Resale
Architectural Style
Fourplex
Roof
Metal
Construction Materials
Vinyl Siding, Copper Plumbing, Pex Plumbing
Utilities & Energy
Electric
Circuit Breakers
Basement
Full, Walk Out Access
Parking Features
Paved, Two Or More Spaces
Water Source
Connected, Public
Utilities
Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Other Features
Lot Features
Irregular Lot, Residential Lot
Subdivision Name
City/watertown
Patio And Porch Features
Covered, Porch
Price History
| Date | Event | Price |
|---|---|---|
10/16/2026 Source: | Listed for Sale | $239,900 $78/sqft |
09/24/2026 Source: | Off Market | $239,900 $78/sqft |
09/24/2026 Source: | Contingent (Active Under Contract) | $239,900 +49.94% $78/sqft |
06/30/2025 Source: | Sold | $160,000 -5.88% $52/sqft |
06/30/2025 Source: | Price Increased | $170,000 +6.25% $55/sqft |
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Based on data from the New York State Alliance of MLSs (CNYIS, Inc., UNYREIS and WNYREIS) through Oct 29, 2026, 09:00PM.. All information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable by is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 the New York State Alliance of MLSs. All Rights Reserved.
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