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  • Listed by: Ridgeline Real Estate • Tracie L Carlos
    Bought with: Ridgeline Real Estate
    $555,000

    289 Malletts Bay Avenue, Winooski, VT 05404

    3beds
    1,520sqft
    Multi Family
    Built in 1940
    -- sqft lot
    $556,900 Zestimate®
    $365/sqft
    $2,634 Estimated rent

    Home value

    $556,900

    $529,000 - $585,000

    $2,634/mo

    Zestimate® history
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    What's special

    Peaceful tucked-away oasisWarm wood floorsUnique two-level garageAbundant natural light
    Welcome to 289 Malletts Bay Avenue—a rare opportunity to own a well-loved duplex that perfectly blends investment potential with everyday comfort in one of Winooski’s most desirable locations. Ideally situated, this property offers the best of both worlds: the convenience and culture of city living paired with the feel of a private retreat. Enjoy a short 10–15 minute walk to vibrant downtown Winooski, known for its award-winning restaurants, local shops, and community charm. Downtown Burlington is just a 10–15 minute drive, with easy access to the airport, UVM Medical Center, and the University of Vermont. Outdoor enthusiasts will love the proximity to Landry Park—featuring a playground, tennis courts, ball fields, community gardens, and a public pool—as well as nearby walking trails along the Winooski River, perfect for enjoying nature and spotting local wildlife. Set above the road, this home offers added privacy with mature maple and oak trees in the front and a thoughtfully landscaped backyard framed by cedar trees and a privacy fence—creating a peaceful, tucked-away oasis. The gardens have been lovingly cultivated with a mix of native perennials and edible plantings, including berries, herbs, asparagus, and rhubarb, making this a dream for gardeners and outdoor entertainers alike. Inside, both units feature warm wood floors, abundant natural light, and charming architectural details such as built-ins, archways, and a beadboard kitchen ceiling that add character and appeal. Generous storage is available with a full basement and a unique two-level garage. As a duplex, this property offers excellent flexibility—whether you’re looking to owner-occupy while generating rental income or expand your investment portfolio. The current owners have enjoyed consistent rental demand, reflecting Winooski’s growing popularity and strong sense of community. Located in a welcoming neighborhood where pride of ownership shines, you’ll find a true sense of connection!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracie L Carlos,

    Ridgeline Real Estate 802-540-1366

    Bought with:

    Julie Danaher

    Ridgeline Real Estate

    Source: PrimeMLS,MLS#: 5083842MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Baseboard, Radiator
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Flooring: Carpet, Hardwood, Laminate, Tile
    • Basement: Full,Interior Stairs,Unfinished,Basement Stairs,Interior Entry
    Interior area
    • Total structure area: 2,420
    • Total interior livable area: 1,520 sqft
    • Finished area above ground: 1,520
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Paved, Storage Above, Driveway, Garage, Off Street, Parking Spaces 4
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Patio & porch: Patio
    • Exterior features: Deck, Garden, Natural Shade
    • Fencing: Partial
    • Frontage length: Road frontage: 85
    Lot
    • Size: 0.29 Acres
    • Features: City Lot, Sidewalks, In Town, Near Paths, Near Shopping, Near Hospital, Near School(s)
    Details
    • Parcel number: 77424610955
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow,Garden
    • Property subtype: Multi Family
    Materials
    • Wood Frame
    • Foundation: Concrete
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Electric: 220 Plug, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable

    Community & HOA

    Location
    • Region: Winooski

    Financial & listing details

    • Price per square foot: $365/sqft
    • Tax assessed value: $446,800
    • Annual tax amount: $9,006
    • Date on market: 4/16/2026
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/22/2026Sold$555,000+1.3%$365/sqft
    Source: PrimeMLS #5083842 Report a problem
    4/21/2026Pending sale$548,000$361/sqft
    Source: PrimeMLS #5083842 Report a problem
    4/16/2026Listed for sale$548,000+129.3%$361/sqft
    Source: PrimeMLS #5083842 Report a problem
    12/8/2011Sold$239,000$157/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $446,800 +92.3%
    2023-- $232,400
    2022-- $232,400
    2021-- $232,400
    2020-- $232,400
    2019-- $232,400
    2018-- $232,400
    2017-- $232,400
    2016-- $232,400 +9900%
    2015-- $2,324
    2014-- $2,324
    2013-- $2,324
    2012-- $2,324
    2011-- $2,324
    2010-- $2,324
    2009-- $2,324
    2008-- $2,324
    2007-- $2,324
    Find assessor info on the county website

    Neighborhood: 05404

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: John F Kennedy Elementary
    • Middle: Winooski Middle/High School
    • High: Winooski High School
    • District: Winooski School District

    Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $556,900
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    With Zillow Showcase(estimated)
    $568,038