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Rutland, VT Multifamily Homes & Duplexes for Sale

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  • /32

    $340,000

    • 5 Beds
    • 4 Baths
    • 2,499 Sq Ft

    63 Lafayette St, Rutland, VT 05701

    This is the investment property you've been waiting for! Located in a nice neighborhood, on a corner lot in Rutland city, this property features 3 units - Two 2 bedroom units and a single one bedroom unit. Both 2 bedrooms are spacious, featuring eat in kitchens, light filled living rooms, queen size bedrooms, and laundry in unit! They both have their own access to a large deck on the back of the

    Claire Thompson Real Broker LLC

    63 Lafayette St, Rutland, VT 05701
  • /45

    $325,000

    • 4 Beds
    • 4 Baths
    • 2,469 Sq Ft

    68 Forest St, Rutland, VT 05701

    RUTLAND CITY: 1900 Contemporary Renovated Multi-Family. In 2002, house was taken down to the studs and 2nd floor was rebuilt, including sunken living room and vaulted ceilings, laundry area, primary suite with air tub, walk-in closet, office/den to the rooftop deck. Also, relax in the whirlpool tub while star-gazing.This luxury owner's apartment has rental income from 2 apartments that make it

    Owen Loughan Westside Real Estate

    68 Forest St, Rutland, VT 05701
  • /27

    $285,000

    • 3 Beds
    • 2 Baths
    • 1,774 Sq Ft

    14 Madison St, Rutland, VT 05701

    This charming and spacious two-family home offers flexible living and income potential just minutes from downtown Rutland, Rutland Regional Medical Center, and a 20-minute drive to Killington Resort. Perfect for owner-occupants, multi-generational living, or investors!The main-level unit features two oversized bedrooms, a 3/4 bath, a spacious living room, and a large eat-in kitchen with

    Mandolyn McIntyre Real Broker LLC

    14 Madison St, Rutland, VT 05701
  • /16

    $169,000

    • 1,740 Sq Ft

    115 Library Ave, Rutland, VT 05701

    Discover this income-generating duplex with an upstairs unit. The home features hardwood floors topped with newer carpet and updated kitchen cabinets with what appears to be granite counters. The roof is approximately 5 years old. Electrical and plumbing systems have been updated as needed. The basement is reported to have no water or foundation issues. Note the ongoing kitchen expansion project,

    Derek Greene Derek Greene

    115 Library Ave, 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
  • /24

    $525,000

    • 7 Beds
    • 7 Baths
    • 3,590 Sq Ft

    38 Cottage St, Rutland, VT 05701

    Well maintained 100% occupied 7 unit located in central Rutland neighborhood. This 7 unit property was recently renovated and is being listed at a 11% cap and an annual Net Operating Income of ~$58K (12% cap without management fees). A new owner can step into to this turnkey investment, projected to yield over a 18% cash on cash return starting year 1 based on current numbers, and therefor

    Michael Gilman 3GEN Real Estate Inc

    38 Cottage St, Rutland, VT 05701
  • /38

    $499,000

    • 12 Beds
    • 7 Baths
    • 6,390 Sq Ft

    49 Terrill St, Rutland, VT 05701

    Don’t miss this prime investment opportunity! This well-maintained 5-unit multifamily property offers an impressive 9.8% cap rate and features a desirable unit mix of three 2-bedroom apartments and two spacious 3-bedroom apartments, ensuring strong rental demand. Situated in a convenient location within walking distance to downtown shops and restaurants, the property appeals to both long-term

    Hughes Group Team Casella Real Estate

    49 Terrill St, Rutland, VT 05701
  • /21

    $595,000

    • 9 Beds
    • 5 Baths
    • 4,774 Sq Ft

    100 Gibson Ave, Rutland, VT 05701

    Three great Buildings with huge net income potential! This smart investment includes five total units, four of them being two-bedroom units and the fifth being a single bedroom upstairs unit above the converted barn. The first floor of the barn could be used for storage or a workshop. Yearly gross income potential is $93,600 with slight rent increases. Recent upgrades include a new boiler system

    Max Walker Watson Realty & Associates

    100 Gibson Ave, Rutland, VT 05701
  • /52

    $1,130,000

    • 9 Beds
    • 5 Baths
    • 5,000 Sq Ft

    997 U S 4, Rutland, VT 05701

    Net operating income of over $113,000 (see attachment)!  At the list price, the property generates a turnkey cap rate of 10%!  The owners live out of state and manage the property remotely.  This multi-family consists of five units located on a well-manicured 2-acre parcel in peaceful Rutland Town. Property is equipped with smart locks and security cameras for seamless remote monitoring.  The

    Derek Greene Derek Greene

    997 U S 4, Rutland, VT 05701
  • /32

    $280,000

    • 5 Beds
    • 2 Baths
    • 1,936 Sq Ft

    56 Church St, Rutland, VT 05701

    Renovated, updated, well-maintained, 100% occupied, 2-unit multi-family, investment opportunity. Unit 1 on the main floor and Unit 2 second floor. Unit 1 includes three bedrooms, one bath, washer and dryer laundry space, and a shared entry mudroom accessed from the parking area. Unit 2 has two bedrooms, one bath, a laundry room with hookup (unit 2's tenants own the washer/dryer), a storage area,

    Sue Starr-Adams EXP Realty

    56 Church St, Rutland, VT 05701
  • /50

    $965,000

    • 9 Beds
    • 4 Baths
    • 7,648 Sq Ft

    86 Center St, Rutland, VT 05701

    1800's Historical Rutland City Mansion formerly the Lawrence Recreation Center/Reynolds House. Currently 4 Condominiums restored to her original grandness but improving her exterior and interior systems for the next century. State of the art insulation, custom ordered windows, newer roof, plumbing and electrical. All units have separate electrical meters. The home has a newer boiler with all

    Alison McCullough Alison McCullough Real Estate

    86 Center St, Rutland, VT 05701
  • /25

    $479,000

    • 8 Beds
    • 8 Baths
    • 3,896 Sq Ft

    43 Summer St, Rutland, VT 05701

    Investment Opportunity: 8-Unit Multifamily in Rutland CityDon’t miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate by

    Betsy Adamovich Real Broker LLC

    43 Summer St, Rutland, VT 05701
  • /34

    $319,000

    • 5 Beds
    • 4 Baths
    • 3,558 Sq Ft

    33 Summer St, Rutland, VT 05701

    Investment Opportunity in Rutland, VT! Welcome to 33 Summer Street, a four-unit multifamily property in a prime Rutland location. This property features three newly renovated units, offering modern amenities and updated finishes. Situated close to local amenities and public transportation, this property is ideal for attracting tenants. Whether you're looking to expand your portfolio or start

    Betsy Adamovich Real Broker LLC

    33 Summer 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

Why Live in Rutland

In the foothills of Vermont’s Green Mountains, Rutland is the small-but-growing seat of Rutland County. “If you like the outdoor, arts or food lifestyles, Rutland is a great place to live. I like to call it a lifestyle location,” says Rutland Mayor Mike Doenges. Although the original township was settled before the American Revolution, Rutland’s first big growth spurt started when marble quarrying and building-stone manufacturing took off in the late 1800s. Marble is no longer a leading industry, but this part of Vermont is still known as Marbl ...

Home Trends in Rutland, VT

Housing Trends

Median Sale Price
$290,000
Median Single Family Sale Price
$295,000
Median Townhouse Sale Price
$170,000
Median 2 Bedroom Sale Price
$155,000
Average Price Per Sq Ft
$180
Number of Homes for Sale
17
Last 12 months Home Sales
87
Months of Supply
2.30
Median List Price
$295,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
10%
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