Investor / Owner Occupant Special! Two Single-Family Homes on One Lot – Huge Income Potential! Unlock the opportunity with this rare duplex-style property featuring two separate single-family homes on a single lot. Whether you're looking to owner occupy, an experienced investor or looking for your next fix-and-hold, this property offers tremendous upside potential. Each home offers its own entrance and utilities—perfect for dual rental income, multigenerational living, or even a live-in-one, rent-the-other strategy. With the right updates, this property could bring in strong rental returns or serve as a profitable resale project. Located in a desirable area with strong rental demand and convenient access to local amenities, schools, and transit. Don't miss this chance to add serious value with the right renovations. Opportunities like this don’t come often! Sold AS-IS.
Closed
Listed by: KW Vermont • Cole Elwood
Bought with: Pursuit Real Estate
$400,000
376-378 North Avenue, Burlington, VT 05402
4beds
2,489sqft
Multi Family
Built in 1899
-- sqft lot
$410,000 Zestimate®
$161/sqft
$2,595 Estimated rent
Home value
$410,000
$373,000 - $451,000
$2,595/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Cole Elwood,
KW Vermont Phone:802-782-3490
Bought with:
Leah Eide
Pursuit Real Estate
Source: PrimeMLS,MLS#: 5039560
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- Basement: Interior Stairs,Unfinished,Interior Entry
Interior area
- Total structure area: 3,772
- Total interior livable area: 2,489 sqft
- Finished area above ground: 2,489
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, Driveway, Off Street, Parking Spaces 3 - 5
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 0.3 Acres
- Features: City Lot, Neighborhood
Details
- Parcel number: 11403513643
- Zoning description: R2
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: 1899
Utilities & green energy
- Electric: 220 Plug, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable, Gas On-Site, Telephone at Site
Community & HOA
Location
- Region: Burlington
Financial & listing details
- Price per square foot: $161/sqft
- Tax assessed value: $541,700
- Annual tax amount: $13,143
- Date on market: 5/6/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2025 | Sold | $400,000-4.8%$161/sqft |
Source:  PrimeMLS #5039560 Report a problem | ||
| 6/16/2025 | Contingent | $420,000$169/sqft |
Source: PrimeMLS #5039560 Report a problem | ||
| 6/13/2025 | Price change | $420,000-6.7%$169/sqft |
Source: PrimeMLS #5039560 Report a problem | ||
| 5/6/2025 | Listed for sale | $450,000+246.2%$181/sqft |
Source: PrimeMLS #5039560 Report a problem | ||
| 10/28/1987 | Sold | $130,000$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $541,700 |
| 2023 | -- | $541,700 |
| 2022 | -- | $541,700 |
| 2021 | -- | $541,700 +89.5% |
| 2020 | -- | $285,900 |
| 2019 | -- | $285,900 |
| 2018 | -- | $285,900 |
| 2017 | $7,616 +60% | $285,900 |
| 2016 | $4,760 | $285,900 +9900% |
| 2015 | $4,760 | $2,859 |
| 2014 | $4,760 | $2,859 |
| 2013 | $4,760 | $2,859 |
| 2012 | -- | $2,859 |
| 2011 | -- | $2,859 |
| 2010 | -- | $2,859 |
| 2009 | -- | $2,859 |
| 2008 | -- | $2,859 |
| 2007 | -- | $2,859 |
| 2006 | -- | $2,859 |
Find assessor info on the county website
Neighborhood: 05401
Nearby homes
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- $2,9503 bd1 ba1.3k sqft378 North Ave, Burlington, VT 05401For Rent
Nearby schools
GreatSchools rating
- 5/10Integrated Arts Academy At H. O. WheelerGrades: PK-5Distance: 0.7 mi
- 5/10Lyman C. Hunt Middle SchoolGrades: 6-8Distance: 1.9 mi
- 7/10Burlington Senior High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: Burlington 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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$410,000
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- Vermont
- Chittenden County
- Burlington
- 05401
- 376-378 North Avenue
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