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Olympic Apartments
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In May 2009, Neighbors started managing the Olympic Apartments, 231 Franklin Street Watertown, New York. Olympic Apartments is the second of two apartment complexes for older residents erected by The Henry Keep Home in downtown Watertown.

Named for the former Olympic Theater near the site, which had entertained movie-goers since it first opened in 1920, the Olympic Apartments are actually located in the first block of Franklin Street.

The building is owned by Olympic Apartment Associates and oversight is provided by the Henry Keep Home board of directors.

Neighbors will be responsible for the rental management, repairs, and accounting for the
42 unit building.

Olympic Apartments
231 Franklin Street
Watertown, NY 13601

Lease a bright and spacious apartment located within walking distance of Historic Downtown Watertown. This building has much to offer.

    • Restricted to persons 55 years of age or older
    • Applicants need to meet income guidelines

1 Bedroom Apartments (41 units)
Floorplan Apply Now $379 - $499*/month Includes Water & Sewer
2 Bedroom Apartments (1 unit)
Floorplan Apply Now $500 - 660*/month Includes Water & Sewer
* Tenants share of rent is 30% of household income.

Household Income Limit Guidelines: (revised 2009)
1 Person $24,780.00 2 Person $28,320.00
Note: Income eligibility is at time of lease signing.
Income of original occupants may increase after occupancy without displacement.

* These units meet or exceed housing quality standards for Section 8 assistance.

Where The Olympic Apartments are located (This is an interactive map. Click on it to get directions):

Olympic Apartments Map


  • Wall to Wall Carpeting
  • Ample Closet Space
  • On-site laundry room
  • Community Room with Cable TV
  • Secure lobby with intercom
  • Free Trash Removal
  • On-site parking
  • Patio

apply now

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