Amey Ryan
Responds Quickly
IPJ Real Estate
(802) 771-2713
230 Total Sales
2 in Vergennes
$300K - $760K Price Range
297 Main St Unit 299 Vergennes, VT 05491
Vergennes Area
--
Beds
--
Baths
2,611
Sq Ft
0.3
Acre Lot
Highlights
- Water Views
- Wood Flooring
- Property is near creek
- Deck
- Garden
- 3-minute walk to Town Green
About This Home
As of August 2026Located at 297 Main Street in Vergennes, this three-unit property offers a strong mix of unit layouts, great rental history, long-term tenants, and a projected 8% cap rate. The property includes a 2-bedroom, 1.5-bath unit with a deck and excellent storage space, a freshly renovated upstairs 1-bedroom, 1-bath apartment, and a first-floor 1-bedroom flat with its own deck. Each unit has its own monitor heater and separately metered electric, offering a practical utility setup for ownership and management. Recent improvements include a new refrigerator in Apartment #1, new windows in Apartment #2, new fascia, basement column work, septic line updates, and a remodeled upstairs apartment. Set next to Settlers Park, the property offers easy access to outdoor recreation, with the park leading toward Otter Creek and nearby kayaking opportunities. With established tenancy, documented rental performance, and a convenient in-town Vergennes location, this triplex offers a compelling opportunity for investors seeking steady income potential.
Last Agent to Sell the Property
Ridgeline Real Estate License #082.0125546 Listed on: 06/25/2026
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,237
Year Built
- Built in 1900
Lot Details
- 13,068 Sq Ft Lot
- Sloped Lot
- Garden
Parking
- Paved Parking
Home Design
- Brick Exterior Construction
- Stone Foundation
- Shingle Roof
Interior Spaces
- Property has 2 Levels
- Water Views
- Unfinished Basement
- Walk-Up Access
Flooring
- Wood
- Carpet
- Vinyl
Outdoor Features
- Deck
Location
- Property is near creek
- City Lot
Schools
- Vergennes UES #44 Elementary School
- Vergennes Uhsd #5 Middle School
- Vergennes Uhsd #5 High School
Utilities
- Heating System Uses Propane
- Separate Meters
- Propane
- Phone Available
- Cable TV Available
Community Details
Overview
- 3 Units
Building Details
- 3 Leased Units
- Gross Income $43,500
- Net Operating Income $32,128
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 28, 2024
Closed on
Feb 28, 2024
Sold by
Otter Creek Holdings Llc
Bought by
Seller's Agent
Rebecca Racine
Signature Properties of Vermont
Buyer's Agent
Julie Danaher
Ridgeline Real Estate
List Price
$345,000
Sold Price
$335,000
Premium/Discount to List
-$10,000
-2.9%
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%
Purchase Details
Closed on
Apr 2, 2007
Sold by
Gibbs Leonard and Gibbs Janet A
Bought by
Otter Creek Holdings Llc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Vergennes, VT
-
Amey Ryan
-
Beth Stanway
Beth Stanway
IPJ Real Estate
(802) 898-8669
142 Total Sales
6 in Vergennes
$253K - $719K Price Range
-
Sarah Peluso
Sarah Peluso
IPJ Real Estate
(802) 898-8919
287 Total Sales
2 in Vergennes
$205K - $349K Price Range
-
Matt Havers
Matt Havers
FLAT FEE REAL ESTATE
(802) 992-1868
186 Total Sales
2 in Vergennes
$320K - $385K Price Range
-
Shawn Cheney
Shawn Cheney
EXP Realty
(802) 849-4697
280 Total Sales
1 in Vergennes
$345,000 Price
-
Sue Walsh
Sue Walsh
BHHS Vermont Realty Group/Middlebury
(802) 392-2832
68 Total Sales
2 in Vergennes
$42K - $728K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $335,000 | -- | |
| Grant Deed | $195,000 | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/31/2026 08/31/26 | Sold | $395,000 | 0.0% | $151 / Sq Ft | |
| 07/13/2026 07/13/26 | Pending | -- | -- | -- | |
| 06/25/2026 06/25/26 | For Sale | $395,000 | +17.9% | $151 / Sq Ft | |
| 02/28/2024 02/28/24 | Sold | $335,000 | -2.9% | $135 / Sq Ft | View Prior Sale |
| 02/28/2024 02/28/24 | Pending | -- | -- | -- | |
| 02/28/2024 02/28/24 | For Sale | $345,000 | -- | $139 / Sq Ft |
Source: PrimeMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,904 | $361,300 | $90,000 | $271,300 |
| 2024 | -- | $242,500 | $45,000 | $197,500 |
| 2023 | -- | $242,500 | $45,000 | $197,500 |
| 2022 | $6,300 | $242,500 | $45,000 | $197,500 |
| 2021 | $6,475 | $242,500 | $45,000 | $197,500 |
| 2020 | $6,357 | $242,500 | $45,000 | $197,500 |
| 2019 | $6,101 | $242,500 | $45,000 | $197,500 |
| 2018 | $5,796 | $242,500 | $45,000 | $197,500 |
| 2017 | -- | $242,500 | $45,000 | $197,500 |
| 2016 | $5,526 | $242,500 | $45,000 | $197,500 |
| 2015 | -- | $2,425 | $0 | $0 |
| 2014 | -- | $2,425 | $0 | $0 |
| 2013 | -- | $2,425 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Danaher
Seller's Agent in 2026
Julie Danaher
Ridgeline Real Estate
(802) 310-5823
186 Total Sales
-
Nancy Larrow
Buyer's Agent in 2026
Nancy Larrow
BHHS Vermont Realty Group/Vergennes
(802) 989-9653
108 Total Sales
-
Rebecca Racine
RR
Seller's Agent in 2024
Rebecca Racine
Signature Properties of Vermont
(802) 922-5454
21 Total Sales
Map
Source: PrimeMLS
MLS Number: 5096730
APN: 663-210-10020
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 2026 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
- 18 N Maple St
- 5-7 Cataract St
- 12 White St
- TBD White and Cataract St
- 30 North St
- 14 Panton Rd
- 104 S Water St
- 72 Main St
- 299 Commodore Dr
- 7 Courtney Dr
- 435 Commodore Dr Unit 19
- TBD Commodore Dr Unit phase 4 lot 35
- 8 Green Meadow Acres
- 11D Country Commons Unit D
- 9 Country Common Unit B
- 188 Green St
- 13 Main St
- 28 Boothwoods
- 127 W Main St
- 124 Tuppers Crossing
Your Personal Tour Guide
Ask me questions while you tour the home.