$397,000
$53K PRICE DROP

10 S Main St Rutland, VT 05701

Estimated payment $2,616/month

Total Views 23,324
4 Beds
3 Baths
2,813 Sq Ft
$141 Price per Sq Ft

Highlights

  • Mountain View
  • Wood Flooring
  • Shed
  • Deck
  • Victorian Architecture
  • 2-minute walk to Main Street Park

About This Home

Investment Opportunity! An elegant and meticulously maintained property dating back to c1900-positioned in one of Rutland’s most desirable locations. Overlooking Main Street Park with western mountain views, this stately home combines classic architecture with modern updates, offering exceptional income-producing potential and multiple living configurations. With its flexible layout, this property readily adapts to a variety of investment or lifestyle goals-whether as a multi-unit rental, owner-occupied home with income from additional living space, or short-term rental in the heart of downtown. The main level offers a fully outfitted one-bedroom living space complete with a newly renovated kitchen and bath, formal dining and living rooms, and three inviting outdoor areas: a side porch, a serene screened-in back porch, and a sun-filled enclosed front porch. Upstairs, the second floor features 2or3 bedrooms, a full bath, an additional kitchen, and an open-air front porch ideal for enjoying summer concerts in the park. The private third-floor suite includes a sitting area, soaking tub, and 3⁄4 bath, creating yet another appealing rental or guest option. The property’s versatile design and thoughtful updates make conversion straightforward for those seeking long-term rental, short-term lodging, or multi-generational living opportunities. A rare chance to own a distinguished property with both historic character and modern adaptability in the heart of Rutland’s vibrant Main Street.

Listing Agent

Susan Bishop

Four Seasons Sotheby's Int'l Realty License #081.0101415 Listed on: 07/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,453

Year Built

  • Built in 1900

Lot Details

  • 0.29 Acre Lot
  • Garden

Parking

  • 3 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Slate Roof
  • Wood Siding
  • Clapboard

Interior Spaces

  • Property has 2.5 Levels
  • Mountain Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Shed

Location

  • City Lot

Schools

  • Rutland Northeast Primary Sch Elementary School
  • Rutland Intermediate School
  • Rutland Senior High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Heat Pump System
  • Mini Split Heat Pump
  • Baseboard Heating
  • Radiant Heating System
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,453

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Directions: Route 7 South and on the corner of Mansfield Place and Route 7
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1900
  • Display On Internet: Fiber Optic Internt Avail,High Speed Intrnt at Site
  • Architectural Style: Victorian
  • ResoLotFeatures: City Lot, Major Road Frontage, Mountain View, Sidewalks, Street Lights, In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails, Near Public Transit, Near Railroad, Near Hospital, Near School(s)
  • Road Frontage Type: Paved, Public, Public Maintained Road
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 2813.0
  • Unit Levels: 2.5
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Interior
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oil Water Heater, Owned Water Heater
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile, Wood
  • Basement: Concrete, Concrete Floor, Full, Storage Space, Unfinished, Basement Stairs
  • Basement YN: Yes

Exterior Features

  • Driveway: Paved
  • Exterior Features: Deck, Partial Fence, Garden, Enclosed Porch, Screened Porch, Shed, Storage, Double Pane Window(s)
  • Roof: Slate
  • Construction Type: Wood Frame, Clapboard Exterior, Wood Exterior, Wood Siding
  • Foundation Details: Other

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Driveway, Garage, Off Street

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Baseboard, Forced Air, Heat Pump, Radiant, Mini Split
  • Cooling: Mini Split
  • Utilities: Cable Connected
  • Water Source: Public

Schools

  • Elementary School: Rutland Northeast Primary Sch
  • High School: Rutland Senior High School
  • Middle Or Junior School: Rutland Intermediate School

Lot Info

  • Surveyed: Yes
  • Zoning: Main Street Park
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632.0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6453.08

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $174,800 $67,900 $106,900
2023 -- $174,800 $67,900 $106,900
2022 $5,925 $174,800 $67,900 $106,900
2021 $5,999 $174,800 $67,900 $106,900
2020 $5,816 $174,800 $67,900 $106,900
2019 $5,715 $174,800 $67,900 $106,900
2018 $5,729 $174,800 $67,900 $106,900
2017 $5,405 $170,700 $67,900 $102,800
2016 $5,407 $174,800 $67,900 $106,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2025 10/20/25 Price Changed $397,000 -11.8% $141 / Sq Ft
08/12/2025 08/12/25 For Sale $450,000 -- $160 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $245,000 --
Grant Deed $80,000 --
Source: Public Records

Source: PrimeMLS

MLS Number: 5050843

PrimeMLS

APN: 540-170-12995