$499,900
- 4,160 Sq Ft
222 Margaret St, Watertown, WI 53098

Marisa Baeurle
Lannon Stone Realty LLC
(920) 795-7362
$499,900
222 Margaret St, Watertown, WI 53098
Marisa Baeurle
Lannon Stone Realty LLC
(920) 795-7362
$475,000
N700 Kaddatz Dr, Watertown, WI 53098
Allison Passaglia Shorewest Realtors, Inc.
Watertown, WI, situated halfway between Milwaukee and Madison, is a city with a rich historical background and a population of over 22,000 residents. The downtown area, stretching from Washington Street to 7th Street, is the longest historic district in the county and features Queen Anne and Dutch Colonial homes dating back to the 1800s. These homes, many converted to multifamily units, contrast with the modern architecture found west of the Rock River. Downtown Watertown is a hub for small businesses, including boutiques, gift shops, pubs, cafés, and vinyl record stores. Residents enjoy local spots like Literatus bookstore and Chandler House Bakery. The area is known for community events such as movies at Towne Cinema and the Fourth of July Parade. Primary students attend the Watertown Unified School District, which has a solid reputation. The city is home to the first kindergarten in the U.S., now a museum. Maranatha Baptist University, a private college, is also located here. For recreation, Riverside Park offers the Watertown Aquatic Center and hosts the Watertown Farmer's Market and Riverfest. Commuters primarily use Route 16 and Route 26 for regional travel, with Interstate 94 providing access to Madison and Milwaukee. According to FBI data, Watertown has lower crime rates compared to the national average, making it a safer place to live.
On average, homes in Watertown, WI sell after 134 days on the market compared to the national average of 70 days. The median sale price for homes in Watertown, WI over the last 12 months is $377,000, down 3% from the median home sale price over the previous 12 months.
In Watertown, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $475,000 to $499,900, there's a range to accomodate every budget. As of August, 2025 the median home price in Watertown is $397,900, while the average sale price is $390,582, offering insights into the local housing market. On average, multi-family homes spend 134 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Watertown, WI.