$482,000
SOLD JUL 22, 2025

18 Madison St Rutland, VT 05701

-- Bed
-- Bath
2,544 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$189 Per Sq Ft

3% Below List Price

50 Days on Market

Highlights

  • New Englander Architecture
  • Baseboard Heating
  • 1-minute walk to Justin Thomas Playground
  • Interior Lot
  • 1 Car Garage

About This Home

As of July 2025

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.

The home is configured as two separate units:

Main Unit: 4 Bed | 2.5 Bath – Currently a high-performing Airbnb with consistent 5-star reviews and a solid booking history throughout the recent peak season. Ideal for continued short-term rental income.

Secondary Unit: 1 Bed | 1 Bath – Formerly owner-occupied, this self-contained space offers strong rental potential or serves perfectly as a guest suite or in-law apartment.The entire property was taken down to the studs and rebuilt with all-new electrical, plumbing, and HVAC systems, along with modern finishes for long-term durability and ease of maintenance.

Don’t miss this rare investment opportunity in Rutland, Vermont.

Open House June 7th 10-12
June 8th 10-12

Last Agent to Sell the Property

Evan Russell

Real Broker LLC License #082.0135187 Listed on: 06/01/2025

Last Buyer's Agent

Tucker Adirondack Lange

Lange & Lange License #082.0123225

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,482

Year Built

  • Built in 1890

Lot Details

  • 8,276 Sq Ft Lot
  • Interior Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Stone Driveway

Home Design

  • New Englander Architecture
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Walk-Out Basement

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,482

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1890
  • Display On Internet: High Speed Intrnt Avail
  • Architectural Style: Multi-Family, New Englander
  • ResoLotFeatures: Interior Lot, Level, In Town, Near Paths, Near Shopping, Near Skiing
  • Road Frontage Type: Public Maintained Road
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 2544.0
  • Unit Levels: 3
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Walkout
  • Below_Grade_Unfinished_Area_Source: Public Records
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete Floor, Other, Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Crushed Stone
  • Roof: Asphalt Shingle
  • Easements: No
  • Construction Type: Aluminum Siding
  • Foundation Details: Fieldstone, Stone w/ Skim Coating

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes

Utilities

  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Heating: Propane, Baseboard, Hot Water, Zoned
  • Cooling: None
  • Utilities: Cable
  • Water Source: Public

Lot Info

  • Surveyed: No
  • Zoning: Residential
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5482.12

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2025
Closed on
Jul 22, 2025
Sold by
Anastasia Dekantios
Bought by
Worch M. Yosef
Seller's Agent
Evan Russell
Real Broker LLC
Buyer's Agent
Tucker Adirondack Lange
Lange & Lange
List Price
$495,000
Sold Price
$482,000
Premium/Discount to List
-$13,000
-2.63%
Views
9
Current Estimated Value
$380,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,402
Avg. Annual Appreciation
-51.12%

Purchase Details

Listed on
Mar 13, 2023
Closed on
Jun 21, 2023
Sold by
Double A Llc
Bought by
Dekantios Anastasia
Seller's Agent
Hughes Group Team
Casella Real Estate
Buyer's Agent
Hughes Group Team
Casella Real Estate
List Price
$102,000
Sold Price
$80,000
Premium/Discount to List
-$22,000
-21.57%
Views
587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
136.15%

Purchase Details

Closed on
Sep 6, 2022
Sold by
Abatiell Clement J

Purchase Details

Closed on
Jul 20, 2022
Sold by
Bank Of New York Mellon Trust Company N
Bought by
Abatiell Jr. Cj
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $482,000 --
Deed $80,000 --
Deed $80,000 --
Deed $80,000 --
Deed -- --
Deed -- --
Deed -- --
Deed $56,100 --
Deed $56,100 --
Deed $56,100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2025 07/22/25 Sold $482,000 -2.6% $189 / Sq Ft
06/01/2025 06/01/25 For Sale $495,000 +518.8% $195 / Sq Ft
06/21/2023 06/21/23 Sold $80,000 0.0% $31 / Sq Ft View Prior Sale
06/14/2023 06/14/23 Off Market $80,000 -- --
05/10/2023 05/10/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $102,000 0.0% $40 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $102,000 -- $40 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

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 -- $141,500 $35,700 $105,800
2023 -- $141,500 $35,700 $105,800
2022 $4,886 $141,500 $35,700 $105,800
2021 $4,948 $141,500 $35,700 $105,800
2020 $4,741 $141,500 $35,700 $105,800
2019 $4,645 $141,500 $35,700 $105,800
2018 $4,664 $141,500 $35,700 $105,800
2017 $4,390 $141,500 $35,700 $105,800
2016 $4,388 $141,500 $35,700 $105,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 5044012

PrimeMLS

APN: 540-170-14609