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Pending
    • Listed by: Ridgeline Real Estate • Julie Danaher
    $395,000

    297 Main Street, Vergennes, VT 05491

    4beds
    2,611sqft
    : 
    $2,716/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $384,100 Zestimate®
    $151/sqft
    $-- HOA

    What's special

    Excellent storage spaceRemodeled upstairs apartmentNew fascia
    Located at 297 Main Street in Vergennes, this three-unit property offers a strong mix of unit layouts, great rental history, long-term tenants, and a projected 8% cap rate. The property includes a 2-bedroom, 1.5-bath unit with a deck and excellent storage space, a freshly renovated upstairs 1-bedroom, 1-bath apartment, and a first-floor 1-bedroom flat with its own deck. Each unit has its own monitor heater and separately metered electric, offering a practical utility setup for ownership and management. Recent improvements include a new refrigerator in Apartment #1, new windows in Apartment #2, new fascia, basement column work, septic line updates, and a remodeled upstairs apartment. Set next to Settlers Park, the property offers easy access to outdoor recreation, with the park leading toward Otter Creek and nearby kayaking opportunities. With established tenancy, documented rental performance, and a convenient in-town Vergennes location, this triplex offers a compelling opportunity for investors seeking steady income potential.
    55 days
    |
    33
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie Danaher,

    Ridgeline Real Estate 802-540-1366

    Source: PrimeMLS,MLS#: 5096730MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Propane, Hot Air, Monitor Type
      Cooling
      • Individual
      Features
      • Flooring: Carpet, Vinyl, Wood
      • Basement: Unfinished,Walk-Up Access
      Interior area
      • Total structure area: 4,039
      • Total interior livable area: 2,611 sqft
      • Finished area above ground: 2,611
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Paved
      Features
      • Levels: Two
      • Exterior features: Deck, Garden, Natural Shade
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Body of water: Otter Creek
      • Frontage length: Road frontage: 89
      Lot
      • Size: 0.3 Acres
      • Features: City Lot, Major Road Frontage, Sloped, In Town
      Details
      • Parcel number: 66321010020
      • Zoning description: Res/other

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick Exterior, Combination Exterior
      • Foundation: Stone
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Electric: Fuses
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Propane, Phone Available

      Community & HOA

      Location
      • Region: Vergennes

      Financial & listing details

      • Price per square foot: $151/sqft
      • Tax assessed value: $242,500
      • Annual tax amount: $6,237
      • Date on market: 6/25/2026
      • Exclusions: Tenants personal property.
      • Road surface type: Paved

        Estimated market value

        $384,100

        $365,000 - $403,000

        $1,712/mo

        Price history

        DateEventPrice
        7/13/2026Pending sale$395,000$151/sqft
        Source: PrimeMLS #5096730 Report a problem
        6/25/2026Listed for sale$395,000+17.9%$151/sqft
        Source: PrimeMLS #5096730 Report a problem
        2/28/2024Sold$335,000+71.8%$128/sqft
        Source: PrimeMLS #4986530 Report a problem
        4/4/2007Sold$195,000$75/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $242,500
        2023-- $242,500
        2022-- $242,500
        2021-- $242,500
        2020-- $242,500
        2019-- $242,500
        2018-- $242,500
        2017-- $242,500
        2016-- $242,500 +9900%
        2015-- $2,425
        2014-- $2,425
        2013-- $2,425
        2012-- $2,425
        2011-- $2,425
        2010-- $2,425
        2009-- $2,425
        2008-- $2,425
        2007-- $2,425 +98.6%
        2006-- $1,221
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 05491

        Getting around

        61 / 100
        Somewhat Walkable
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Vergennes UES #44
        • Middle: Vergennes UHSD #5
        • High: Vergennes UHSD #5
        • District: Addison Northwest

        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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