230 Marble St West Rutland, VT 05777
Estimated payment $1,564/month
Total Views
36,971
8
Beds
4
Baths
3,535
Sq Ft
$71
Price per Sq Ft
About This Home
Unlock your next investment property! This multifamily provides the perfect blend of charm, convenience, and outdoor adventure right here in the heart of West Rutland. What once was a mix use of downtown shops and apartments, has since been converted into 4 unique, spacious apartments which are all currently occupied and generating good income. Located in town, residents have easy access to local amenities such as shops, restaurants, schools, and public transportation, ensuring convenience and connectivity for daily needs. Boasting original 1900's character, modern updates, and close proximity to skiing, lakes, golf courses, and other outdoor activities, this property offers an unparalleled living experience for both residents and visitors alike. Enjoy peace of mind with numerous updates including upgraded electrical systems, a vapor barrier, blown-in spray foam insulation in the basement for improved energy efficiency, some newer windows and siding, and also a newer high-efficiency boiler for optimal comfort. Ample shared parking space is available, including a large outbuilding for additional storage. This property presents an excellent investment opportunity to it's new savvy owners with nearly a 10% cap rate all while having rents that have room to increase to match todays current market. Give us a call today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,921
Year Built
- Built in 1900
Lot Details
- 0.25 Acre Lot
- Level Lot
Home Design
- Flat Roof Shape
- Stone Foundation
- Membrane Roofing
- Clapboard
Interior Spaces
- Property has 2 Levels
- Walk-Out Basement
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- Stone Driveway
- Shared Driveway
- On-Street Parking
- On-Site Parking
Schools
- West Rutland Elementary And Middle School
- West Rutland High School
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- Gross Income $49,200
- Net Operating Income $30,180
Map
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
Average Home Value in this Area
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 | $2,917 | $107,800 | $42,000 | $65,800 |
| 2023 | $2,450 | $107,800 | $42,000 | $65,800 |
| 2022 | $3,123 | $107,800 | $42,000 | $65,800 |
| 2021 | $2,451 | $107,800 | $42,000 | $65,800 |
| 2020 | $2,430 | $107,800 | $42,000 | $65,800 |
| 2019 | $2,232 | $107,800 | $42,000 | $65,800 |
| 2018 | $3,690 | $167,800 | $35,000 | $132,800 |
| 2017 | $3,758 | $167,800 | $35,000 | $132,800 |
| 2016 | $3,621 | $167,800 | $35,000 | $132,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/21/2025 10/21/25 | Price Changed | $250,000 | -7.4% | $71 / Sq Ft | |
| 10/06/2025 10/06/25 | Price Changed | $270,000 | -6.9% | $76 / Sq Ft | |
| 09/04/2025 09/04/25 | Price Changed | $290,000 | -7.9% | $82 / Sq Ft | |
| 07/22/2025 07/22/25 | For Sale | $315,000 | +325.7% | $89 / Sq Ft | |
| 07/02/2020 07/02/20 | Sold | $74,000 | -22.9% | $21 / Sq Ft | View Prior Sale |
| 05/28/2020 05/28/20 | Pending | -- | -- | -- | |
| 01/06/2020 01/06/20 | For Sale | $96,000 | -- | $27 / Sq Ft |
Source: PrimeMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $135,000 | -- |
Source: Public Records
About the Listing Agent
Hughes Group's Other Listings
Source: PrimeMLS
MLS Number: 5052819
APN: 735-234-10442
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Nearby Homes
- 107 Franklin St Unit D.
- 117 Park St
- 13 Church St
- 52 Chestnut Ave Unit 4
- 57 Crescent St Unit 2
- 17 Madison St Unit 2
- 71 N Main St Unit 1
- 2 East St Unit 1st Floor
- 290 Killington Ave
- 35 Meadow Ln
- 7 River St Unit 7 River St Apt 1A
- 85 Main St
- 62 Dublin Rd
- 102 Broadway Unit 1
- 237 Ellison's Lake Rd
- 111 Route 100 N
- 100 Kettlebrook Rd Unit E2
- 113 Trailside Rd Unit 123
- 145 Main St Unit 216
- 3789 Dorset West Rd