13

Mendon, VT Multifamily Homes & Duplexes for Sale

Section Image Section Image
  • /38

    $499,000

    • 12 Beds
    • 6 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

    (802) 300-3794

    49 Terrill St, Rutland, VT 05701
  • /14

    $589,500

    • 4,329 Sq Ft

    107 Franklin St, Rutland, VT 05701

    One of Rutland's most unique properties, in a very convenient location within an easy walking distance to downtown. Creatively designed and meticulously cared for, there is more to see than meets the eye.Close to skiing, golf, lakes and other recreation such as the renowned Pine Hill Bike Trail system.Owned and occupied for decades by a local professional who not only lived in

    Christopher Fucci Chris Fucci Associates, LTD

    107 Franklin St, Rutland, VT 05701
  • /13

    $250,000

    • 2,208 Sq Ft

    23 Terrill St, Rutland, VT 05701

    Opportunity to convert the downstairs into a rental or use as commercial space. A well-maintained building with one bedroom upstairs and the first floor could be converted to whatever fancies your needs—plenty of parking, close to shopping, downtown, and the hospital. You are minutes away from Killington Resort, Chittenden Reservoir, and many other recreation spots. This property is also

    Alison McCullough Alison McCullough Real Estate

    23 Terrill St, Rutland, VT 05701
  • /23

    $199,000

    • 1,853 Sq Ft

    9 Seabury St, Rutland, VT 05701

    Investor Opportunity in Prime Rutland Location – 3-Unit MultifamilyWelcome to 9 Seabury Street, a solid investment opportunity in one of Rutland’s desirable residential neighborhoods. This classic multi-family home features three 1-bedroom, 1-bathroom units, each offering generous layouts with plenty of natural light. Whether you're looking to expand your portfolio or occupy one unit

    Hayley Santopolo Real Broker LLC

    9 Seabury St, Rutland, VT 05701
  • /56

    $499,995

    • 5 Beds
    • 3 Baths
    • 3,234 Sq Ft

    209 State St, Rutland, VT 05701

    Investors take notice!! Duplex located in the heart of Rutland City—just a short drive from Killington Resort, downtown shopping, dining, and year-round events. Fully renovated and previously operated as a successful Airbnb and ski rental, this 3,200+ sq ft property includes a current occupancy permit, allowing for immediate short-term rental use. Ideal for investors or owner-occupants seeking

    Evan Russell Real Broker LLC

    209 State St, Rutland, VT 05701
  • /25

    $134,000

    • 2 Beds
    • 2 Baths
    • 1,981 Sq Ft

    134 Maple St, Rutland, VT 05701

    This two unit home in the heart of Rutland City is brimming with potential. A true diamond in the rough, this property offers the perfect opportunity for investors, flippers, or handy homeowners looking to bring a home back to its original charm. Set on a manageable lot in a convenient neighborhood close to shopping, dining, and schools, this home features one unit that offers a traditional

    Rhonda Nash Welcome Home Real Estate

    134 Maple St, Rutland, VT 05701
  • /56

    $450,000

    • 4 Beds
    • 3 Baths
    • 2,813 Sq Ft

    10 S Main St, Rutland, VT 05701

    Timeless Treasure Overlooking Main Street Park! This stunning home, lovingly maintained, thoughtfully updated, and beautifully curated since 1900, stands as a graceful sentinel overlooking Main Street Park and the mountains to the west. With its classic architecture and flexible layout, the property bodes well for multigenerational living, spacious single-family residence or traditional

    Susan Bishop Four Seasons Sotheby's Int'l Realty

    10 S Main St, Rutland, VT 05701
  • /20

    $249,000

    • 1,760 Sq Ft

    87 Granger St, Rutland, VT 05701

    Welcome to this charming, versatile two-unit multifamily home nestled on a large lot in beautiful Rutland, Vt—offering the perfect blend of opportunity, comfort, and potential income. Currently being enjoyed as a spacious single-family residence, this home could effortlessly be converted back to a two-family setup, allowing you to live in one unit while letting the rental income from the other

    Noel Weeks Welcome Home Real Estate

    87 Granger St, Rutland, VT 05701
  • /20

    $259,000

    • 3 Beds
    • 2 Baths
    • 2,114 Sq Ft

    10 Sheldon Place, Rutland, VT 05701

    Thi home is centrally located near the center of Rutland City,shopping,restaurants, Rutland Main Street Park. This home is being used as an Air BNB and is fully furnished. This home can be converted back to a single family home,short or long term rental. This home is located 1 block from Rt.7 and Rt. 4.

    Ed Patch Century 21 Premiere Properties-Rutland

    10 Sheldon Place, Rutland, VT 05701
  • /24

    $499,000

    • 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, priced below comparables and recent sales! This 7 unit property was recently renovated and is being listed at a ~12% cap and an annual Net Operating Income of ~$58K (~13% cap without management fees). A new owner can step into to this turnkey investment and enjoy extraordinary cash on cash returns based on

    Michael Gilman 3GEN Real Estate Inc

    38 Cottage St, Rutland, VT 05701
  • /25

    $449,000

    • 8 Beds
    • 8 Baths
    • 3,896 Sq Ft

    43 Summer St, Rutland, VT 05701

    Investment Opportunity: 8-Unit Multifamily in Rutland CityDon’t miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate

    Betsy Adamovich Real Broker LLC

    43 Summer St, Rutland, VT 05701
  • /34

    $299,000

    • 5 Beds
    • 4 Baths
    • 3,558 Sq Ft

    33 Summer St, Rutland, VT 05701

    Investment Opportunity in Rutland, VT! Welcome to 33 Summer Street, a four-unit multifamily property in a prime Rutland location. This property features three newly renovated units, offering modern amenities and updated finishes. Situated close to local amenities and public transportation, this property is ideal for attracting tenants. Whether you're looking to expand your portfolio or start

    Betsy Adamovich Real Broker LLC

    33 Summer St, Rutland, VT 05701
  • /2

    $175,000

    • 1,781 Sq Ft

    85 Baxter St, Rutland, VT 05701

    Great opportunity for an investor with a cape rate over 11.5% or for an owner occupied live in one unit and let the other unit pays for your expenses. Gross yearly income currently is $33360, and yearly income is over $20k, well maintained property in close proximity to all shoppings.

    Mike Kalil Watson Realty & Associates

    85 Baxter St, Rutland, VT 05701

Why Live in Mendon

Mendon, VT, a small rural community with a population of just over 1,000, is situated between Rutland and the popular Killington Resort. Known for its natural landscape, Mendon attracts both seasonal and year-round residents who enjoy outdoor activities. The area is a main corridor to ski areas, with Killington Resort and Pico Mountain offering extensive winter sports facilities and summer adventures. Aitken State Forest and Killington Peak provide miles of hiking trails, with options like the Long Trail and Bucklin Trail leading to scenic summits. Housing in Mendon includes 1980s condominiums near ski resorts and secluded ranch-style homes, renovated farmhouses, and contemporary cabins in wooded areas. Local attractions include Sugar & Spice Restaurant and Gift Shop, known for its in-house maple syrup, and Mendon Mountain Orchards, which offers pick-your-own apples and fresh baked goods. Public school students attend the highly rated Barstow Memorial School for kindergarten through eighth grade, with high school choice available for further education. U.S. Route 4 runs through Mendon, connecting it to Rutland and Killington, with The Bus providing frequent commuter service. The town's infrastructure has been rebuilt since Hurricane Irene in 2011, though the community remains vigilant during heavy rains.

Home Trends in Mendon, VT

Housing Trends

Median Sale Price
$275,000
Median Single Family Sale Price
$475,000
Median 2 Bedroom Sale Price
$338,607
Median 1 Bedroom Sale Price
$225,000
Average Price Per Sq Ft
$256
Number of Homes for Sale
1
Last 12 months Home Sales
15
Months of Supply
0.80
Median List Price
$415,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-12%
How to Buy a Home How to Finance a Home How to Sell a Home