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Rutland, VT Multifamily Homes & Duplexes for Sale

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  • /24

    $525,000

    • 7 Beds
    • 7 Baths
    • 3,590 Sq Ft

    38 Cottage St, Rutland, VT 05701

    Well maintained 100% occupied 7 unit located in central Rutland neighborhood. This 7 unit property was recently renovated and is being listed at a 11% cap and an annual Net Operating Income of ~$58K (12% cap without management fees). A new owner can step into to this turnkey investment, projected to yield over a 18% cash on cash return starting year 1 based on current numbers, and therefor

    Michael Gilman 3GEN Real Estate Inc

    38 Cottage St, Rutland, VT 05701
  • /38

    $499,000

    • 12 Beds
    • 7 Baths
    • 6,390 Sq Ft

    49 Terrill St, Rutland, VT 05701

    Don’t miss this prime investment opportunity! This well-maintained 5-unit multifamily property offers an impressive 9.8% cap rate and features a desirable unit mix of three 2-bedroom apartments and two spacious 3-bedroom apartments, ensuring strong rental demand. Situated in a convenient location within walking distance to downtown shops and restaurants, the property appeals to both long-term

    Hughes Group Team Casella Real Estate

    49 Terrill St, Rutland, VT 05701
  • /10

    $595,000

    • 9 Beds
    • 5 Baths
    • 4,774 Sq Ft

    100 Gibson Ave, Rutland, VT 05701

    Three great Buildings with huge net income potential! This smart investment includes five total units, four of them being two-bedroom units and the fifth being a single bedroom upstairs unit above the converted barn. The first floor of the barn could be used for storage or a workshop. Yearly gross income potential is $93,600 with slight rent increases. Recent upgrades include a new boiler system

    Max Walker Watson Realty & Associates

    100 Gibson Ave, Rutland, VT 05701
  • /43

    $1,275,000

    • 9 Beds
    • 5 Baths
    • 5,000 Sq Ft

    997 U S 4, Rutland, VT 05701

    Net operating income of over $113,000 (see attachment)!  At the list price, the property generates a turnkey cap rate of ~9%.  The owners live out of state and manage the property remotely.  This multi-family consists of five units located on a well-manicured 2-acre parcel in peaceful Rutland Town. Property is equipped with smart locks and security cameras for seamless remote monitoring.  The

    Derek Greene Derek Greene

    997 U S 4, Rutland, VT 05701
  • /32

    $280,000

    • 5 Beds
    • 2 Baths
    • 1,936 Sq Ft

    56 Church St, Rutland, VT 05701

    Renovated, updated, well-maintained, 100% occupied, 2-unit multi-family, investment opportunity. Unit 1 on the main floor and Unit 2 second floor. Unit 1 includes three bedrooms, one bath, washer and dryer laundry space, and a shared entry mudroom accessed from the parking area. Unit 2 has two bedrooms, one bath, a laundry room with hookup (unit 2's tenants own the washer/dryer), a storage area,

    Sue Starr-Adams EXP Realty

    56 Church St, Rutland, VT 05701
  • /50

    $965,000

    • 9 Beds
    • 4 Baths
    • 7,648 Sq Ft

    86 Center St, Rutland, VT 05701

    1800's Historical Rutland City Mansion formerly the Lawrence Recreation Center/Reynolds House. Currently 4 Condominiums restored to her original grandness but improving her exterior and interior systems for the next century. State of the art insulation, custom ordered windows, newer roof, plumbing and electrical. All units have separate electrical meters. The home has a newer boiler with all

    Alison McCullough Alison McCullough Real Estate

    86 Center St, Rutland, VT 05701
  • /3

    $299,900

    • 2,250 Sq Ft

    52 Chestnut Ave, Rutland, VT 05701

    Your next investment opportunity is here! This property consists of five units; one 2-bedroom, three 1-bedrooms, and one studio apartment.Conveniently located walking distance to downtown Rutland. A lot of renovations, yearly gross income is over $56000, net income is over $37000 within cap rate at asking price over 11%.

    Mike Kalil Watson Realty & Associates

    52 Chestnut Ave, Rutland, VT 05701

About Rutland

In the foothills of Vermont’s Green Mountains, Rutland is the small-but-growing seat of Rutland County. “If you like the outdoor, arts or food lifestyles, Rutland is a great place to live. I like to call it a lifestyle location,” says Rutland Mayor Mike Doenges. Although the original township was settled before the American Revolution, Rutland’s first big growth spurt started when marble quarrying and building-stone manufacturing took off in the late 1800s. Marble is no longer a leading industry, but this part of Vermont is still known as Marbl ...

Home Trends in Rutland, VT

Home Trends

Median Price (12 Mo)
$280,000
Median Single Family Price
$290,000
Median Townhouse Price
$288,000
Median 2 Bedroom Price
$180,000
Average Price Per Sq Ft
$185
Number of Homes for Sale
14
Last 12 months Home Sales
74
Months of Supply
2.30
Median List Price
$295,000
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
10%
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