Great Investment Opportunity! This income-producing duplex features a spacious 3-bedroom, 1-bathroom lower unit and a 1-bedroom, 1-bathroom upper unit. Both apartments currently rent with all utilities included, while the property benefits from separate electric meters for the upper and lower units, providing flexibility for future rental arrangements.
The property currently generates $2,975 per month in rental income with guaranteed income, offering a strong and consistent revenue stream for an investor. Tenants also enjoy a large driveway and oversized yard, providing plenty of parking and outdoor space.
With two separate units, established rental income, separate metering, and desirable outdoor amenities, this property is a solid addition to any rental portfolio.
Under contract
$165,000
132 N Rutland St, Watertown, NY 13601
4beds
1,710sqft
Multi Family
Built in 1900
-- sqft lot
$163,100 Zestimate®
$96/sqft
$-- HOA
What's special
Oversized yardPlenty of parkingDesirable outdoor amenitiesLarge driveway
- 35 days
- 45
- 5
Zillow last checked:
Listing updated:
Listed by:
Matteson Property Management, LLC 315-767-9878,
Micah Matteson 315-767-9878
Source: NYSAMLSs,MLS#: S1716565
Originating MLS: Jefferson-Lewis Board
Originating MLS: Jefferson-Lewis BoardFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Gas, Forced Air, Radiant
Appliances
- Included: Electric Water Heater
Features
- Flooring: Ceramic Tile, Hardwood, Luxury Vinyl, Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,710
- Total interior livable area: 1,710 sqft
Video & virtual tour
Property
Parking
- Parking features: Gravel
Lot
- Size: 0.32 Acres
- Dimensions: 71 x 198
- Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 22180000600000092130000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco, Vinyl Siding
Condition
- Resale
- Year built: 1900
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Watertown
Financial & listing details
- Price per square foot: $96/sqft
- Tax assessed value: $80,900
- Annual tax amount: $2,436
- Date on market: 9/21/2026
- Cumulative days on market: 35 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$163,100
$155,000 - $171,000
$1,370/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Contingent | $165,000$96/sqft |
Source:  NYSAMLSs #S1716565 Report a problem | ||
| 9/21/2026 | Listed for sale | $165,000+26.9%$96/sqft |
Source: NYSAMLSs #S1716565 Report a problem | ||
| 10/17/2022 | Sold | $130,000-7.1%$76/sqft |
Source: NYSAMLSs #S1409283 Report a problem | ||
| 9/4/2022 | Pending sale | $139,900$82/sqft |
Source: NYSAMLSs #S1409283 Report a problem | ||
| 8/1/2022 | Contingent | $139,900$82/sqft |
Source: NYSAMLSs #S1409283 Report a problem | ||
| 7/1/2022 | Price change | $139,900-5.2%$82/sqft |
Source: NYSAMLSs #S1409283 Report a problem | ||
| 6/24/2022 | Price change | $147,500-1.7%$86/sqft |
Source: NYSAMLSs #S1409283 Report a problem | ||
| 6/4/2022 | Listed for sale | $150,000+231.1%$88/sqft |
Source: NYSAMLSs #S1409283 Report a problem | ||
| 2/15/2022 | Sold | $45,299-55.6%$26/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/9/2015 | Sold | $102,100-13.5%$60/sqft |
Source: NYSAMLSs #S317970 Report a problem | ||
| 9/28/2014 | Listing removed | $700 |
Source: Owner Report a problem | ||
| 9/27/2014 | Listed for rent | $700 |
Source: Owner Report a problem | ||
| 11/13/2013 | Listing removed | $118,000$69/sqft |
Source: RE/MAX Empire #S277736 Report a problem | ||
| 4/25/2013 | Price change | $118,000-1.6%$69/sqft |
Source: RE/MAX Empire #S277736 Report a problem | ||
| 2/15/2013 | Price change | $119,900-4%$70/sqft |
Source: RE/MAX Empire #S277736 Report a problem | ||
| 1/17/2013 | Listed for sale | $124,900$73/sqft |
Source: RE/MAX Empire #S277736 Report a problem | ||
| 12/5/2012 | Listing removed | $124,900$73/sqft |
Source: RE/MAX Empire Realty #S277736 Report a problem | ||
| 8/17/2012 | Listed for sale | $124,900+228.7%$73/sqft |
Source: RE/MAX Empire Realty #S277736 Report a problem | ||
| 7/2/2008 | Sold | $38,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $80,900 |
| 2024 | -- | $80,900 |
| 2023 | -- | $80,900 |
| 2022 | -- | $80,900 |
| 2021 | -- | $80,900 |
| 2020 | -- | $80,900 |
| 2019 | -- | $80,900 |
| 2018 | -- | $80,900 |
| 2017 | $2,123 | $80,900 |
| 2016 | -- | $80,900 |
| 2015 | -- | $80,900 |
| 2014 | -- | $80,900 |
| 2013 | -- | $80,900 +30.5% |
| 2012 | -- | $62,000 |
| 2011 | -- | $62,000 |
| 2010 | -- | $62,000 |
| 2009 | -- | $62,000 |
| 2008 | -- | $62,000 |
| 2007 | -- | $62,000 +21.1% |
| 2006 | -- | $51,200 +19.1% |
| 2005 | -- | $43,000 |
| 2004 | -- | $43,000 |
| 2003 | -- | $43,000 |
| 2002 | -- | $43,000 |
| 2001 | -- | $43,000 |
| 2000 | -- | $43,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 13601
Nearby schools
Schools provided by the listing agent
- District: Watertown
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $--3 bd3 ba1.6k sqft630 Boyd St, Watertown, NY 13601Auction
Auction.com 1 - $180,0005 bd2 ba1.6k sqft678 Bronson St #2, Watertown, NY 13601For Sale
MLS ID #S1722582, Teri Reichert, Listing by: NNY Homes Inc. NYSAMLSs - $188,5004 bd2 ba1.9k sqft123 N Pleasant St, Watertown, NY 13601For Sale
MLS ID #S1714847, Teresa Caprara, Listing by: North Star Real Estate & Property Management. NYSAMLSs - $135,0004 bd3 ba1.4k sqft711 Leray St, Watertown, NY 13601For Sale
MLS ID #S1718156, Gloria Peluso, Listing by: Bridgeview Real Estate. NYSAMLSs - $145,0004 bd2 ba1.6k sqft226-228 Francis St, Watertown, NY 13601For SaleMLS ID #S1715245, Randi Moulton, Listing by: NNY Homes Inc. NYSAMLSs
- $179,0003 bd2 ba1.9k sqft348 N Indiana Ave, Watertown, NY 13601For SaleMLS ID #S1713039, Stacey A Garrett, Listing by: Bennett Realty Group LLC. NYSAMLSs
- $214,9004 bd2 ba2.3k sqft133 Central St, Watertown, NY 13601For SaleMLS ID #S1721445, Amanda L Kingsbury, Listing by: Grey Arrow Realty, Inc.. NYSAMLSs
- $189,9004 bd3 ba1.8k sqft1129 Gill St, Watertown, NY 13601For SaleMLS ID #S1710587, Kiah Sugrue, Listing by: Lake Ontario Realty, LLC. NYSAMLSs
- $170,0003 bd2 ba1.7k sqft1017 Bronson St, Watertown, NY 13601For SaleMLS ID #S1681545, LuAnn Twombly, Listing by: TLC Real Estate LLC - Carthage. NYSAMLSs
- $154,9004 bd2 ba2k sqft307 Flower Ave E, Watertown, NY 13601For SaleMLS ID #S1678759, Jennifer L Flynn, Listing by: Bridgeview Real Estate. NYSAMLSs
- $167,0003 bd1 ba1.1k sqft235 Saint Mary St, Watertown, NY 13601For SaleMLS ID #S1723558, Shannon Carmon, Listing by: Keller Williams Northern New York. NYSAMLSs
- $209,9004 bd3 ba2.1k sqft502 Academy St, Watertown, NY 13601For SaleMLS ID #S1716250, Mikel Miller, Listing by: eXp Realty. NYSAMLSs
- $198,5004 bd2 ba1.7k sqft836 Leray St, Watertown, NY 13601For SaleMLS ID #S1714579, Noah Taylor, Listing by: Keller Williams Northern New York. NYSAMLSs
- $179,9005 bd2 ba2.1k sqft412 Holcomb St, Watertown, NY 13601For SaleMLS ID #S1723128, Ricky Gates, Listing by: eXp Realty. NYSAMLSs
- $167,5003 bd2 ba1.3k sqft115 Moore Ave, Watertown, NY 13601For SaleMLS ID #S1719810, Stephen Gleason, Listing by: NNY Homes Inc. NYSAMLSs
- $169,0003 bd2 ba1.5k sqft1548 Columbia St, Watertown, NY 13601For SaleMLS ID #S1710080, Joni Bates, Listing by: Marble Key Realty LLC. NYSAMLSs
- $99,9004 bd2 ba1.5k sqft612 Burlington St, Watertown, NY 13601For SaleMLS ID #S1724990, Zachary Ludemann Perini, Listing by: North Star Real Estate & Property Management. NYSAMLSs
- $119,9004 bd2 ba1.5k sqft606 Lansing St, Watertown, NY 13601For SaleMLS ID #S1691269, Timothy Garner, Listing by: Real Broker NY LLC. NYSAMLSs
