$464,000
SOLD NOV 5, 2025

182 State St Rutland, VT 05701

-- Bed
-- Bath
2,884 Sq Ft
0.51 Acres

Recently Sold

$161 Per Sq Ft

1% Above List Price

5 Days on Market

About This Home

As of November 2025

Investment Opportunity – Fully Leased Multi-Property Portfolio in Rutland
This unique and turnkey investment portfolio offers immediate cash flow with zero vacancy, featuring three fully leased residential buildings. The package includes a three-unit multifamily, a classic up/down duplex, and a standalong dwelling, providing diversified income across six total rental units.
Located in Rutland, VT, a city known for its strong and stable multifamily rental market, this offering presents an ideal opportunity for both seasoned investors and newcomers seeking a low-maintenance, income-producing asset. Each property has been individually listed for flexibility, but the portfolio is being offered as a complete package at a compelling price point. The listed price covers both properties
What’s Included:
•182 & 182.5 State Street – A fully leased two-unit and adjacent stand alone dwelling (MLS# 5062824)
•121 River Street – A fully leased three-unit (MLS# 5062823)
Whether you're expanding your portfolio or making your first investment, this cash-flowing asset offers immediate income and long-term potential.

Last Agent to Sell the Property

Leo Pond

Four Seasons Sotheby's Int'l Realty License #082.0135237 Listed on: 09/27/2025

Co-Listed By

Karen Heath

Four Seasons Sotheby's Int'l Realty License #082.0006895

Last Buyer's Agent

James Hurley

Four Corner Properties LLC License #082.0135090

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1825

Lot Details

  • 0.51 Acre Lot

Parking

  • 1 Car Garage
  • Gravel Driveway
  • 1 to 5 Parking Spaces

Home Design

  • Concrete Foundation
  • Marble Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Interior Basement Entry

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • 6 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1825

Lot Details

0

Parking

1

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1825
  • Display On Internet: High Speed Intrnt Avail
  • Architectural Style: Multi-Family
  • ResoLotFeatures: Near Paths, Near Shopping, Near Public Transit, Near School(s)
  • Road Frontage Type: Paved, Public Maintained Road
  • Co List Office Mls Id: 2212-8
  • MLS Status: (20) Closed - Closed
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Interior
  • Above_Grade_Unfinished_Area_Source: See Remarks
  • Below_Grade_Unfinished_Area_Source: See Remarks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Exterior Features

  • Driveway: Gravel
  • Roof: Shingle
  • Construction Type: Aluminum, Vinyl Exterior, Vinyl Siding
  • Foundation Details: Concrete, Marble

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Driveway, On Site, Parking Spaces 1 - 10

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Oil, Baseboard, Electric, Hot Water, Zoned
  • Cooling: None
  • Utilities: Cable Available
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: Mixed Uses
  • Lot Size Acres: 0.51
  • Lot Size Sq Ft: 22216.0

Multi Family

  • Number Of Units Total: 6

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 Sold $464,000 +1.1% $161 / Sq Ft
10/03/2025 10/03/25 Pending -- -- --
09/27/2025 09/27/25 For Sale $459,000 -- $159 / 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 -- $26,300 $0 $26,300
2023 -- $26,300 $0 $26,300
2022 $908 $26,300 $0 $26,300
2021 $920 $26,300 $0 $26,300
2020 $911 $26,300 $0 $26,300
2019 $889 $26,300 $0 $26,300
2018 $890 $26,300 $0 $26,300
2017 $829 $26,300 $0 $26,300
2016 $826 $26,300 $0 $26,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5063301

PrimeMLS

APN: 540-170-14710