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Mendon, VT Multifamily Homes & Duplexes for Sale

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  • /45

    $495,000 Open Sat 10AM - 12PM

    • 2,544 Sq Ft

    18 Madison St, Rutland, VT 05701

    Investors and multi-generational buyers take notice: This fully renovated, income-producing duplex in a desirable Rutland neighborhood offers the perfect blend of comfort, versatility, and strong financial returns. Just a short distance from top ski resorts and year-round outdoor attractions, this well-appointed property delivers a 12% annual return.The home is configured as two separate

    Evan Russell Real Broker LLC

    18 Madison St, Rutland, VT 05701
  • /27

    $285,000

    • 3 Beds
    • 2 Baths
    • 1,774 Sq Ft

    14 Madison St, Rutland, VT 05701

    This charming and spacious two-family home offers flexible living and income potential just minutes from downtown Rutland, Rutland Regional Medical Center, and a 20-minute drive to Killington Resort. Perfect for owner-occupants, multi-generational living, or investors!The main-level unit features two oversized bedrooms, a 3/4 bath, a spacious living room, and a large eat-in kitchen with

    Mandolyn McIntyre Real Broker LLC

    14 Madison St, Rutland, VT 05701
  • /16

    $169,000

    • 1,740 Sq Ft

    115 Library Ave, Rutland, VT 05701

    Discover this income-generating duplex with an upstairs unit. The home features hardwood floors topped with newer carpet and updated kitchen cabinets with what appears to be granite counters. The roof is approximately 5 years old. Electrical and plumbing systems have been updated as needed. The basement is reported to have no water or foundation issues. Note the ongoing kitchen expansion project,

    Derek Greene Derek Greene

    115 Library Ave, Rutland, VT 05701
  • /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
  • /52

    $1,130,000

    • 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 10%!  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
  • /25

    $479,000

    • 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 by

    Betsy Adamovich Real Broker LLC

    43 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

A rural area situated between the busier city of Rutland and the popular ski resort town of Killington, the small community of Mendon depends heavily on the retail and industry that surrounds it. Home to slightly more than 1,000 residents, Mendon’s natural landscape attracts a strong presence of both seasonal and year-round residents, all of whom are full-time outdoor enthusiasts. “We are a main corridor to the ski areas to the east,” says Walter Manney, co-owner of the local Sugar & Spice Restaurant and Gift Shop. “And people come up here from ...

Home Trends in Mendon, VT

Housing Trends

Median Sale Price
$300,000
Median Single Family Sale Price
$310,500
Median 2 Bedroom Sale Price
$241,607
Median 1 Bedroom Sale Price
$225,000
Average Price Per Sq Ft
$185
Number of Homes for Sale
12
Last 12 months Home Sales
76
Months of Supply
1.90
Median List Price
$325,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
5%
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