$150,000
$25K PRICE DROP

508 Main St West Rutland, VT 05777

Estimated payment $1,103/month

Total Views 3,729
-- Bed
-- Bath
2,322 Sq Ft
$65 Price per Sq Ft

Highlights

  • Wood Flooring
  • Garden
  • Level Lot
  • 2 Car Detached Garage

About This Home

This is the investment opportunity you have been waiting for!! This large duplex property is located in an ideal location! It is within walking distance to the center of West Rutland where you can find the grocery store, pharmacy, gas stations and great locally owned restaurant. It is also a very short walk to West Rutland school. This duplex sits on about a third of an acre and a has a huge backyard with plenty of space for gardening, as well as entertaining and/or a great space for kids to play and/or pets to run around. There is plenty of parking on both sides of the house including a 2 car detached garage! The two units are side by side and both have a second floor. One unit is a 2 bedroom, one bath unit with both bedrooms upstairs. One is larger than the other and they can both accommodate a queen size bed and other furniture. This unit has large kitchen with a separate dining room and large living room on the first floor. There is also an enclosed porch which also serves as a great mudroom/entryway. The other unit is 3 bedroom, one bath with a bonus room on the first floor. This unit also has a large kitchen, separate dining room as well as a large living room. It also has an enclosed porch just like the other unit. Both apartments have some original hardwood floors as well as some vinyl clip in flooring. With some manageable TLC, this property can be brought back to a very attractive property! This property is being sold AS-IS!!

Listing Agent

Claire Thompson

Real Broker LLC License #082.0134643 Listed on: 07/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,721

Year Built

  • Built in 1850

Lot Details

  • 0.31 Acre Lot
  • Level Lot
  • Garden

Parking

  • 2 Car Detached Garage
  • Dirt Driveway
  • Unpaved Parking
  • 6 to 12 Parking Spaces

Home Design

  • Marble Foundation
  • Wood Frame Construction
  • Slate Roof
  • Clapboard

Interior Spaces

  • Property has 1.75 Levels
  • Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Laminate
  • Vinyl Plank

Utilities

  • Separate Meters

Community Details

  • 2 Units
  • Gross Income $14,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,721

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1850
  • Display On Internet: Fiber Optic Internt Avail,High Speed Intrnt Avail,DSL Available
  • Architectural Style: Apartment Building, Multi-Family
  • ResoLotFeatures: Curbing, Level, Sidewalks, Street Lights, In Town, Near Shopping, Near Public Transit, Near School(s)
  • Road Frontage Type: Paved, Public
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 2322.0
  • Unit Levels: 1.75
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Hardwood, Laminate, Vinyl Plank
  • Basement: Dirt, Interior Stairs, Interior Entry, Basement Stairs
  • Basement YN: Yes

Exterior Features

  • Driveway: Dirt
  • Exterior Features: Garden, Natural Shade, Enclosed Porch
  • Roof: Slate
  • Construction Type: Wood Frame, Clapboard Exterior
  • Foundation Details: Marble

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Detached, Driveway, Garage, Parking Spaces 5 - 10, Unpaved

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Propane, Direct Vent
  • Cooling: None
  • Utilities: Cable Available, Propane, Phone Available, Phone Connected
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: Residential
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13504.0

Multi Family

  • Gross Income: 14880.0
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3721.14

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 $3,721 $137,500 $27,700 $109,800
2023 $3,125 $137,500 $27,700 $109,800
2022 $3,984 $137,500 $27,700 $109,800
2021 $3,126 $137,500 $27,700 $109,800
2020 $3,099 $137,500 $27,700 $109,800
2019 $2,846 $137,500 $27,700 $109,800
2018 $3,364 $153,000 $28,800 $124,200
2017 $3,426 $153,000 $28,800 $124,200
2016 $3,302 $153,000 $28,800 $124,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Price Changed $150,000 -14.3% $65 / Sq Ft
07/21/2025 07/21/25 For Sale $175,000 -- $75 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Source: PrimeMLS

MLS Number: 5052643

PrimeMLS

APN: 735-234-10809