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Downtown Montpelier Home for Sale

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    $475,000

    • 3 Beds
    • 1.5 Baths
    • 1,824 Sq Ft

    46 E State St, Montpelier, VT 05602

    Exceptional opportunity awaits in this gem of a property in the heart of vibrant Montpelier. Originally a single-family residence, the property is currently used as prime office space with easy access and excellent exposure. Ideal for private offices, an owner-occupied home business, or your future home. Lovingly restored and cared for, the charming interior houses 3 tenants in beautiful

    Janel Johnson Coldwell Banker Hickok & Boardman / E. Montpelier

    46 E State St, Montpelier, VT 05602

Why Live in Downtown Montpelier

Downtown Montpelier is a vibrant neighborhood characterized by its historic architecture and diverse housing options. The area features a mix of condos and apartments in historic storefronts, multi-family homes, and townhouses, many of which are converted Foursquare and Victorian homes. Single-family homes range from modest cottages to grand French Classical and Cape-style builds. The neighborhood is known for its high walkability, with a small grid of streets lined with shops, boutiques, and dining options. Main Street and State Street are central hubs for shopping and dining, offering everything from unique boutiques like Bailey Road to eateries such as Hugo’s Bar & Grill and Oakes & Evelyn. For groceries, residents frequent Shaw’s and the Hunger Mountain Co-op, which also features a café and deli. Hubbard Park, a 200-acre wooded area with trails, picnic spots, and the historic Hubbard Tower, is a central recreational space. Additional green spaces include pocket parks like Guertin and Elm Court Parks, and Blanchard Park. The Montpelier Recreation Area, about a mile north, offers athletic fields and facilities. The neighborhood hosts numerous events organized by Montpelier Alive, including the Capitol City Farmers Market, Independence Day festivities, and the Taste of Montpelier Food Festival. The Montpelier Roxbury Public School District serves the area, with highly rated schools such as Union Elementary School, Main Street Middle School, and Montpelier High School, which offers a Community-Based Learning program. The neighborhood is safer than the national average, providing a secure environment for residents. Burlington and the Burlington International Airport are accessible within a 40-mile drive via Route 12 and Interstate 89.

Frequently Asked Questions

Is Downtown Montpelier a good place to live?
Downtown Montpelier is a good place to live. Downtown Montpelier is considered very walkable and bikeable. Downtown Montpelier is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. It has a median age of 43. The average household income is $89,184 which is below the national average. College graduates make up 65.4% of residents. A majority of residents in Downtown Montpelier are renters, with 61.1% of residents renting and 38.9% of residents owning their home. A local real estate agent serving Downtown Montpelier can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Montpelier neighborhood guide.
Is Downtown Montpelier, VT a safe neighborhood?
Downtown Montpelier, VT is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Downtown Montpelier?
The median home price in Downtown Montpelier is $471,980. If you put a 20% down payment of $94,400 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,440 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $105K a year to afford the median home price in Downtown Montpelier. The average household income in Downtown Montpelier is $89K.
What are the best public schools in Downtown Montpelier?
The best public schools that serve Downtown Montpelier are:
What are the best private schools in Downtown Montpelier?
The best private schools that serve Downtown Montpelier are:
What are the most popular zip codes in Downtown Montpelier, Montpelier, VT?
The most popular zip codes in Downtown Montpelier, Montpelier, VT include 05602, 05641, 05651, 05660 and 05663.
What are the most popular neighborhoods near Downtown Montpelier, Montpelier, VT?
The most popular neighborhoods near Downtown Montpelier, Montpelier, VT are College Hill, The Meadow, Park West, Northfield Street and Murray Hill.

Home Trends in Downtown Montpelier, VT

Housing Trends

Median Sale Price
$415,000
Median Single Family Sale Price
$415,000
Average Price Per Sq Ft
$207
Number of Homes for Sale
0
Last 12 months Home Sales
2
Months of Supply
0.00
Median List Price
$471,980
Median Change From 1st List Price
12%
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