Versatile and well-maintained property offering the rare opportunity to enjoy homeownership with built-in income. The main residence features a comfortable 2-bedroom, 1.5-bath layout, while two additional units, a 1-bedroom apartment and an efficiency studio, provide immediate rental income. Currently, the owner occupies the main unit, with the other two units leased, creating an ideal setup for a buyer looking to offset their mortgage from day one. Whether you continue this arrangement, adjust rents over time, or eventually transition the property to suit your needs, the flexibility here is a major advantage. The property has been well cared for and is already functioning smoothly as a multi-unit, making for an easy transition. Located in a residential neighborhood with convenient access to local amenities, schools, and outdoor recreation, this is a unique chance to own a home that works for you financially while still providing the comfort of a primary residence.
Active
Listed by: Wohler Realty Group • Trent K Stephens
Price cut: $35K (7/6)
$315,000
118 Barnes Street, West Rutland, VT 05701
4beds
2,497sqft
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$126/sqft
$-- HOA
What's special
Efficiency studio
- 119 days
- 509
- 40
Zillow last checked:
Listing updated:
Listed by:
Trent K Stephens,
Wohler Realty Group 802-297-3333
Source: PrimeMLS,MLS#: 5091429
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Oil, Baseboard
Cooling
- None
Features
- Basement: Concrete Floor,Walk-Out Access
Interior area
- Total structure area: 3,481
- Total interior livable area: 2,497 sqft
- Finished area above ground: 2,497
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Features
- Levels: 1.75
- Stories: 1.75
Lot
- Size: 0.46 Acres
- Features: Sidewalks, Neighborhood, Near School(s)
Details
- Parcel number: 73523410735
- Zoning description: Village
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Concrete
- Roof: Shingle
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Utilities for property: Phone, Cable Available, Phone Available
Community & HOA
Location
- Region: West Rutland
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $177,500
- Date on market: 5/28/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,443/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Price change | $315,000-10%$126/sqft |
Source: | ||
| 5/28/2026 | Listed for sale | $350,000$140/sqft |
Source: | ||
| 5/26/2026 | Listing removed | $350,000$140/sqft |
Source: | ||
| 4/10/2026 | Listed for sale | $350,000+112.1%$140/sqft |
Source: | ||
| 12/27/2005 | Sold | $165,000$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $177,500 |
| 2023 | -- | $177,500 |
| 2022 | -- | $177,500 |
| 2021 | -- | $177,500 |
| 2020 | -- | $177,500 |
| 2019 | -- | $177,500 +11.4% |
| 2018 | -- | $159,300 +0.5% |
| 2017 | -- | $158,500 |
| 2016 | -- | $158,500 +9906.3% |
| 2015 | -- | $1,584 |
| 2014 | -- | $1,584 |
| 2013 | -- | $1,584 +0.3% |
| 2012 | -- | $1,580 |
| 2011 | -- | $1,580 +0.1% |
| 2010 | -- | $1,579 |
| 2009 | -- | $1,579 |
| 2008 | -- | $1,579 +81.9% |
| 2007 | -- | $868 -0.1% |
| 2006 | -- | $869 |
| 2003 | $2,376 | $869 |
Find assessor info on the county website
Monthly payment
Est. payment





