Attention visionaries and portfolio builders: here's a two unit multifamily with two bedrooms in each unit, located on 2,474 square feet of raw potential and a convenient location. This building is a canvas waiting for a confident brush. The bones are solid, the footprint is generous, and the opportunity to add real value is genuine whether you're refreshing tired finishes, reconfiguring layouts, or transforming the space into rental income. Savvy investors will recognize immediately what a property like this can become with a thoughtful renovation plan and a little imagination. First-time buyers or skiers eyeing house-hacking, meanwhile, can occupy one unit while tenants help cover the mortgage. The layout offers flexibility, giving you room to shape the configuration that suits your goals. Downtown sits within easy walking distance, meaning coffee shops, restaurants, and errands are all reachable on foot, a perk that keeps quality tenants interested and leases signed. The Marble Valley Regional Transit are just minutes away, making car-free living a legitimate option. Adventure seekers, take heart: the legendary slopes of Killington sit a scenic drive east, promising world-class skiing and four seasons of mountain recreation practically in your backyard.
Active
Listed by: Watson Realty & Associates • Nancy Greenwood
$225,000
31 Baxter Street, Rutland City, VT 05701
4beds
2,474sqft
Multi Family
Built in 1920
-- sqft lot
$211,200 Zestimate®
$91/sqft
$-- HOA
What's special
- 52 days
- 198
- 5
Zillow last checked:
Listing updated:
Listed by:
Nancy Greenwood,
Watson Realty & Associates 802-773-3500
Source: PrimeMLS,MLS#: 5101519
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Propane, Oil, Hot Water, Individual, Wall Units
Cooling
- None
Features
- Basement: Full,Unfinished,Interior Entry
Interior area
- Total structure area: 3,583
- Total interior livable area: 2,474 sqft
- Finished area above ground: 2,474
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Features
- Levels: Two
- Frontage length: Road frontage: 50
Lot
- Size: 6,534 Square Feet
- Features: City Lot
Details
- Parcel number: 54017015490
- Zoning description: RESD
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Clapboard Exterior
- Foundation: Stone
- Roof: Slate
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Rutland
Financial & listing details
- Price per square foot: $91/sqft
- Tax assessed value: $92,100
- Annual tax amount: $3,758
- Date on market: 7/24/2026
- Road surface type: Paved
Estimated market value
$211,200
$201,000 - $222,000
$1,770/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Listed for sale | $225,000+210.3%$91/sqft |
Source: | ||
| 5/11/2006 | Sold | $72,500+0.3%$29/sqft |
Source: Public Record Report a problem | ||
| 10/23/1987 | Sold | $72,300+20.5%$29/sqft |
Source: Public Record Report a problem | ||
| 5/21/1987 | Sold | $60,000$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $92,100 |
| 2023 | -- | $92,100 |
| 2022 | -- | $92,100 |
| 2021 | -- | $92,100 |
| 2020 | -- | $92,100 |
| 2019 | -- | $92,100 |
| 2018 | -- | $92,100 |
| 2017 | -- | $92,100 |
| 2016 | -- | $92,100 +9900% |
| 2015 | -- | $921 |
| 2014 | -- | $921 |
| 2013 | -- | $921 |
| 2012 | -- | $921 |
| 2011 | -- | $921 |
| 2010 | -- | $921 |
| 2009 | -- | $921 |
| 2008 | -- | $921 -19.8% |
| 2007 | -- | $1,149 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Rutland City
Nearby schools
Schools provided by the listing agent
- Elementary: Northwest Primary School
- Middle: Rutland Middle School
- High: Rutland Senior High School
- District: Rutland Central
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




