Development Potential! Walking Distance to the University of Vermont Medical Center and The University of Vermont College. Currently rented through May 25th 2027 with an annual gross income of $52,800. Inspected and registered with the city for rental use. The Comprehensive Development Ordinance that was enacted by the City in 2025 would allow more units as this property is now Zoned Residential Lower Intensity. (Zoning Map and Zoning Explanation in Documents) Plans would need to be submitted and approved by the City of Burlington. Showings are by appointment with 48 hour notice.
Active
Listed by: Champagne Real Estate • Andrea Champagne
$625,000
246 East Avenue, Burlington, VT 05401
--beds
--baths
1,944sqft
Multi Family
Built in 1957
-- sqft lot
$585,400 Zestimate®
$322/sqft
$-- HOA
What's special
- 86 days
- 182
- 4
Zillow last checked:
Listing updated:
Listed by:
Andrea Champagne,
Champagne Real Estate 802-372-4500
Source: PrimeMLS,MLS#: 5065964
Facts & features
Interior
Bedrooms & bathrooms
- Full bathrooms: 1
Heating
- Natural Gas, Hot Air
Cooling
- None
Features
- Basement: Concrete,Concrete Floor,Interior Entry
Interior area
- Total structure area: 3,963
- Total interior livable area: 1,944 sqft
- Finished area above ground: 1,608
- Finished area below ground: 336
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: 3,Tri-Level
Lot
- Size: 0.26 Acres
- Features: Level
Details
- Parcel number: 11403518296
- Zoning description: RL Lower Intensity
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: None
- Utilities for property: Cable, Underground Gas
Community & HOA
Location
- Region: Burlington
Financial & listing details
- Price per square foot: $322/sqft
- Tax assessed value: $384,800
- Annual tax amount: $9,333
- Date on market: 6/29/2026
- Exclusions: Washer and Dryer
Estimated market value
$585,400
$556,000 - $615,000
$2,596/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Listed for sale | $625,000-10.1%$322/sqft |
Source:  PrimeMLS #5065964 Report a problem | ||
| 3/30/2026 | Listing removed | $695,000$358/sqft |
Source: PrimeMLS #5065964 Report a problem | ||
| 10/6/2025 | Listed for sale | $695,000+379.6%$358/sqft |
Source: PrimeMLS #5064519 Report a problem | ||
| 6/20/1989 | Sold | $144,900$75/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,094 | $384,800 |
| 2024 | -- | $384,800 |
| 2023 | -- | $384,800 |
| 2022 | -- | $384,800 |
| 2021 | -- | $384,800 +38.3% |
| 2020 | -- | $278,200 |
| 2019 | -- | $278,200 |
| 2018 | -- | $278,200 |
| 2017 | $7,411 | $278,200 |
| 2016 | -- | $278,200 +9900% |
| 2015 | -- | $2,782 |
| 2014 | -- | $2,782 |
| 2013 | -- | $2,782 |
| 2012 | -- | $2,782 |
| 2011 | -- | $2,782 |
| 2010 | -- | $2,782 |
| 2009 | -- | $2,782 |
| 2008 | -- | $2,782 |
| 2007 | -- | $2,782 |
| 2006 | -- | $2,782 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 05401
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