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  • Listed by: KW Vermont • Josh Bara
    Bought with: Flex Realty
    $749,000

    42 Elmwood Avenue, Burlington, VT 05401

    4beds
    3baths
    2,695sqft
    Multi Family
    Built in 1810
    -- sqft lot
    $771,700 Zestimate®
    $278/sqft
    $2,778 Estimated rent

    Home value

    $771,700

    $702,000 - $849,000

    $2,778/mo

    Zestimate® history
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    What's special

    Prime Burlington Investment with Built-In Income Potential! Don’t miss this rare opportunity to own a charming Victorian-style triplex in the heart of Burlington. With three well-maintained rental units and a proven rental history, this property offers immediate cash flow plus long-term value. Extensive 2025 upgrades include new exterior siding & trim, fresh paint, energy-efficient windows, and new furnace. The studio unit comes fully furnished, with history as a short-term rental and mid-term rental--perfect for a turnkey Furnished Finder or Airbnb. Whether you choose to live in the studio yourself and enjoy passive income from the larger apartments, or rent out all three, you’ll benefit from flexible living arrangements and strong rental income. High-quality features like hardwood oak flooring, cast iron tubs, tiled bathrooms, built-in shelving, and an insulated garage enhance the property’s appeal, while adding everyday convenience for tenants and owners alike. Located just steps from Church St, Burlington--and minutes from the UVM campus and hospital--this property combines historic character, income stability, and unbeatable location in one outstanding package. Also listed as a single family home in MLS #5064262.

    Zillow last checked:

    Listing updated:

    Listed by:

    Josh Bara,

    KW Vermont Phone:802-992-1558

    Bought with:

    Flex Realty Group

    Flex Realty

    Source: PrimeMLS,MLS#: 5058884MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Natural Gas, Baseboard, Electric, Hot Air, Mini Split
    Cooling
    • Central Air, Mini Split
    Features
    • Flooring: Hardwood, Tile, Vinyl
    • Basement: Other,Interior Entry
    Interior area
    • Total structure area: 3,397
    • Total interior livable area: 2,695 sqft
    • Finished area above ground: 2,695
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Crushed Stone
    • Garage spaces: 1
    Features
    • Levels: Two
    • Frontage length: Road frontage: 32
    Lot
    • Size: 5,663 Square Feet
    • Features: Sidewalks, In Town, Near Shopping, Neighborhood, Near Railroad, Near Hospital, Near School(s)
    Details
    • Parcel number: 11403515465
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Victorian
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Clapboard Exterior
    • Foundation: Brick, Stone
    • Roof: Slate
    Condition
    • New construction: No
    • Year built: 1810

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Location
    • Region: Burlington

    Financial & listing details

    • Price per square foot: $278/sqft
    • Tax assessed value: $548,300
    • Annual tax amount: $9,421
    • Date on market: 8/29/2025

    Price history

    DateEventPrice
    12/1/2025Sold$749,000-6.3%$278/sqft
    Source: PrimeMLS #5058884 Report a problem
    10/13/2025Contingent$799,000$296/sqft
    Source: PrimeMLS #5064262 Report a problem
    8/29/2025Listed for sale$799,000-11.1%$296/sqft
    Source: PrimeMLS #5058884 Report a problem
    8/27/2025Listing removed--
    Source: Owner Report a problem
    5/21/2025Listed for sale$899,000+139.7%$334/sqft
    Source: Owner Report a problem
    3/13/2020Sold$375,000+158.6%$139/sqft
    Source: Public Record Report a problem
    7/6/1990Sold$145,000$54/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $548,300
    2023-- $548,300
    2022-- $548,300
    2021-- $548,300 +70.8%
    2020-- $321,100
    2019-- $321,100
    2018-- $321,100
    2017$8,554 +62.8%$321,100
    2016$5,255 $321,100 +9900%
    2015$5,255 $3,211
    2014$5,255 $3,211 +24%
    2013$5,255 $2,589
    2012-- $2,589
    2011-- $2,589
    2010-- $2,589 +5.2%
    2009-- $2,460
    2008-- $2,460
    2007-- $2,460
    2006-- $2,460
    Find assessor info on the county website

    Neighborhood: 05401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Edmunds Elementary School
    • Middle: Edmunds Middle School
    • High: Burlington High School
    • 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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    $771,700
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    +$15,434
    With Zillow Showcase(estimated)
    $787,134