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Rutland, VT Multifamily Homes & Duplexes for Sale

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  • /52

    $349,900

    • 6 Beds
    • 2 Baths
    • 2,256 Sq Ft

    98 Forest St, Rutland, VT 05701

    Completely renovated two-unit multifamily in convenient Rutland City location. Each unit features brand-new kitchens with soft-close cabinetry, new bathrooms, new electrical, new plumbing, new windows and new high-efficiency propane heating systems. Each unit offers 3 bedrooms and 1 bathroom. with separate utilities including heating systems. Property is turn-key and ready for occupancy. Close to

    Noel Weeks Welcome Home Real Estate

    98 Forest St, Rutland, VT 05701
  • /5

    $200,000

    • 2,785 Sq Ft

    161 Forest St, Rutland, VT 05701

    Great potential in a nice neighborhood. The structure needs to be updated and some minor structure work but will be a great investment. Can be used as owner-tenant or two rental units. One four bedroom and one three bedroom unit. Garage and small shed need work or could be removed for more yard space.

    Ed Savage Gilbert Realty and Development

    161 Forest St, Rutland, VT 05701
  • /12

    $300,000

    • 7,886 Sq Ft

    135 Grove St, Rutland, VT 05701

    Bring your vision and tools—this massive property is ready for transformation. Once a 23-room boarding house, this impressive structure has been partially converted into a 4-5 unit multifamily building, with each unit designed to have 4+ bedrooms when complete. One of the units has been thoughtfully designed to meet ADA requirements. The groundwork has been laid, but there's still a long way to

    Betsy Adamovich Real Broker LLC

    135 Grove St, Rutland, VT 05701
  • /20

    $235,000

    • 4 Beds
    • 2 Baths
    • 2,280 Sq Ft

    90 River St, Rutland, VT 05701

    Welcome to 90 River Street—well-maintained and packed with features buyers and renters love. This bright, roomy 2 unit multi-family, offers hardwood floors, spacious living areas, and off-street parking—all just minutes from downtown Rutland’s shops, restaurants, and public transit.Enjoy a large back yard perfect for gardening, recreating, or relaxing—rare in such a central location. The

    Mark Triller Real Broker LLC

    90 River St, Rutland, VT 05701
  • /14

    $589,500

    • 4,329 Sq Ft

    107 Franklin St, Rutland, VT 05701

    One of Rutland's most unique properties, in a very convenient location within an easy walking distance to downtown. Creatively designed and meticulously cared for, there is more to see than meets the eye.Close to skiing, golf, lakes and other recreation such as the renowned Pine Hill Bike Trail system.Owned and occupied for decades by a local professional who not only lived in

    Christopher Fucci Chris Fucci Associates, LTD

    107 Franklin St, Rutland, VT 05701
  • /54

    $650,000

    • 3 Beds
    • 3 Baths
    • 1,565 Sq Ft

    2730 E Pittsford Rd, Rutland, VT 05701

    At the very end of a private drive in Rutland Town, this secluded property offers three one-bedroom apartments (one with a bonus room!)—two in a duplex and one above the detached garage. The duplex has already has an interior staircase and could very easily be used as a single family home if desired. Each unit showcases striking curly maple woodwork and abundant natural light from tall, oversized

    Betsy Adamovich Real Broker LLC

    2730 E Pittsford Rd, Rutland, VT 05701
  • /18

    $165,000

    • 6 Beds
    • 2 Baths
    • 2,016 Sq Ft

    29 Hopkins St, Rutland, VT 05701

    Whether you are looking for a single-family home or a multi family home, this versatile opportunity has unlimited potential. Discover the perfect blend of flexibility and charm in this spacious home, thoughtfully designed to accommodate a variety of lifestyles. Currently configured as a comfortable single family residence, this property also offers the rare potential to be converted back into a

    Joshua Lemieux Remax Summit

    29 Hopkins St, Rutland, VT 05701
  • /2

    $175,000

    • 1,781 Sq Ft

    85 Baxter St, Rutland, VT 05701

    Great opportunity for an investor with a cape rate over 11.5% or for an owner occupied live in one unit and let the other unit pays for your expenses. Gross yearly income currently is $33360, and yearly income is over $20k, well maintained property in close proximity to all shoppings.

    Mike Kalil Watson Realty & Associates

    85 Baxter St, Rutland, VT 05701
  • /23

    $179,000

    • 1,853 Sq Ft

    9 Seabury St, Rutland, VT 05701

    Investor Opportunity in Prime Rutland Location – 3-Unit Multifamily Welcome to 9 Seabury Street, a solid investment opportunity in one of Rutland’s desirable residential neighborhoods. This classic multi-family home features three 1-bedroom, 1-bathroom units, each offering generous layouts with plenty of natural light. Whether you're looking to expand your portfolio or occupy one unit while

    Hayley Santopolo Real Broker LLC

    9 Seabury St, Rutland, VT 05701
  • /34

    $424,500

    • 2,250 Sq Ft

    52 Chestnut Ave, Rutland, VT 05701

    CORRECTED FINANCIALS: $68,400 gross annual income, net operating income of $53,731, 12.64% cap rate at the asking price. Your next high-performing asset is here. This rare multi-unit property offers five income-producing units in a desirable location within walking distance to downtown Rutland, public transportation, restaurants, retail, and essential services. With strong rental demand and a

    Betsy Adamovich Real Broker LLC

    52 Chestnut Ave, Rutland, VT 05701
  • /25

    $110,000

    • 2 Beds
    • 2 Baths
    • 1,981 Sq Ft

    134 Maple St, Rutland, VT 05701

    This two unit home in the heart of Rutland City is brimming with potential. A true diamond in the rough, this property offers the perfect opportunity for investors, flippers, or handy homeowners looking to bring a home back to its original charm. Set on a manageable lot in a convenient neighborhood close to shopping, dining, and schools, this home features one unit that offers a traditional

    Rhonda Nash Welcome Home Real Estate

    134 Maple St, Rutland, VT 05701
  • /22

    $240,000

    • 2,208 Sq Ft

    23 Terrill St, Rutland, VT 05701

    Turnkey Hair Salon & Income-Generating Apartment Opportunity Located on a busy street, this established hair salon offers a fully equipped, ready-to-operate business with an additional income stream from a one-bedroom apartment. The business is move-in ready—just turn the key and start working. Features include: Comfortable waiting areaFully furnished front deskReclining shampoo

    Alison McCullough Alison McCullough Real Estate

    23 Terrill St, Rutland, VT 05701
  • /35

    $220,000

    • 4 Beds
    • 3 Baths
    • 2,576 Sq Ft

    58 Crescent St, Rutland, VT 05701

    This well-maintained multi-family home offers charm, functionality, and great living space for both units.Unit 1 spans the first floor with 2 spacious bedrooms and a full bath, featuring a large kitchen with center island, formal dining room, and bright living room—all highlighted by beautiful hardwood floors and abundant natural light. The second floor offers bonus living space with an

    Alison McCullough Alison McCullough Real Estate

    58 Crescent St, Rutland, VT 05701
  • /17

    $1,260,000

    • 12,500 Sq Ft

    260 Business Route 4, Rutland, VT 05701

    Great investment opportunity, Well maintained property in Rutland town ( Center Rutland) this property consists of two buildings, Front building with 10 units and the back building is 4 units , Total of 14 units all one bedroom apartments, Sits on a large parcel over 1.20 +- Acres , Plenty of parking with a loop driveway Convenient for tenants, Vinyl siding and vinyl replacement windows, The pro

    Mike Kalil Watson Realty & Associates

    260 Business Route 4, Rutland, VT 05701

Why Live in Rutland

Rutland, Vermont, located in the foothills of the Green Mountains, is a small but growing community known for its rich history and vibrant local culture. The city, once a hub for marble quarrying, now thrives with top employers like GE Aerospace and the Rutland Regional Medical Center. Rutland offers a mix of competitively priced homes, including large, updated Victorian houses, particularly along Main Street. Outdoor enthusiasts will appreciate the proximity to ski resorts in Mendon and Killington, less than 20 miles away, and water sports at Lake Champlain, about 55 miles west. Within Rutland, over half of the residents live within a 10-minute walk of a park, such as White Memorial Park and the Cioffredi Complex. The downtown area is a focal point for arts and entertainment, featuring historic marble storefronts, a marble sculpture trail, and numerous murals. Dining and shopping options are plentiful, with national chains near the Vermont State Fairgrounds. Education in Rutland includes highly rated private schools like Rutland Area Christian School and Mount St. Joseph Academy, alongside a robust public school system. The city is well-connected via U.S. routes 4 and 7, public bus services, Amtrak, and the Rutland Southern Vermont Regional Airport. Recent FBI reports indicate a 17% decline in both violent and property crimes, making Rutland safer than the national average.

Home Trends in Rutland, VT

Housing Trends

Median Sale Price
$280,750
Median Single Family Sale Price
$285,000
Median Townhouse Sale Price
$318,000
Median 2 Bedroom Sale Price
$319,000
Median 1 Bedroom Sale Price
$140,000
Average Price Per Sq Ft
$192
Number of Homes for Sale
37
Last 12 months Home Sales
158
Months of Supply
2.80
Median List Price
$295,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
2%
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