Active

Listed by: Champagne Real Estate • Andrea Champagne

$625,000

246 East Avenue, Burlington, VT 05401

--beds

--baths

1,944sqft

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Multi Family

Built in 1957

-- sqft lot

$609,300 Zestimate^®

$322/sqft

$-- HOA

What's special

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.

15 days

415

8

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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

$609,300

$579,000 - $640,000

$2,966/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
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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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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