Fantastic investment opportunity in an accessible Morrisville neighborhood! This well-maintained 3-unit apartment building offers steady income potential. The 3-story building offers a 1-BR unit on the 3rd floor and two 2-BR units on the 1st & 2nd floors. Each apartment has a blend of pine floors and carpeting. Some newer windows can be found throughout, as well as foam insulation and newer boiler. The laundry room is an added bonus for tenants, as well as the convenient location, which is ideally situated in a highly walkable area, close to schools, dining, shopping, and so much more. This property has been in the current owner's family for years and has a strong, proven rental history. In a central village neighborhood and with established tenancy, this property is a solid addition to anyone's portfolio.
Active
Listed by: BHHS Vermont Realty Group/Morrisville-Stowe • Trombley & Day Group
$399,000
46 Court Street, Morristown, VT 05661
1beds
3,117sqft
Multi Family
Built in 1890
-- sqft lot
$372,100 Zestimate®
$128/sqft
$-- HOA
What's special
Newer windowsLaundry roomNewer boilerFoam insulation
- 39 days
- 165
- 10
Zillow last checked:
Listing updated:
Listed by:
Trombley & Day Group,
BHHS Vermont Realty Group/Morrisville-Stowe 802-888-0021
Source: PrimeMLS,MLS#: 5101586
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 3
Heating
- Oil, Baseboard
Cooling
- None
Features
- Basement: Unfinished,Interior Entry
Interior area
- Total structure area: 3,881
- Total interior livable area: 3,117 sqft
- Finished area above ground: 3,117
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Paved
- Garage spaces: 2
Features
- Levels: 3
Lot
- Size: 4,356 Square Feet
- Features: In Town, Near Golf Course, Near Shopping, Neighborhood, Near Hospital, Near School(s)
Details
- Parcel number: 41412910437
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Stone
- Roof: Shingle
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable, Other
Community & HOA
Location
- Region: Morrisville
Financial & listing details
- Price per square foot: $128/sqft
- Tax assessed value: $343,200
- Annual tax amount: $6,913
- Date on market: 7/24/2026
- Road surface type: Paved
Estimated market value
$372,100
$353,000 - $391,000
$1,434/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Listed for sale | $399,000$128/sqft |
Source:  PrimeMLS #5101586 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $343,200 +14% |
| 2023 | -- | $301,000 +58.4% |
| 2022 | -- | $190,000 |
| 2021 | -- | $190,000 |
| 2020 | -- | $190,000 |
| 2019 | -- | $190,000 |
| 2018 | -- | $190,000 |
| 2017 | -- | $190,000 |
| 2016 | -- | $190,000 +9900% |
| 2015 | -- | $1,900 |
| 2014 | -- | $1,900 |
| 2013 | -- | $1,900 |
| 2012 | -- | $1,900 |
| 2011 | -- | $1,900 |
| 2010 | -- | $1,900 |
| 2009 | -- | $1,900 |
| 2008 | -- | $1,900 |
| 2007 | -- | $1,900 +40.9% |
| 2006 | -- | $1,348 +68.1% |
| 2003 | $2,029 | $802 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 05661
Nearby schools
Schools provided by the listing agent
- Elementary: Morristown Elementary School
- Middle: Peoples Academy Middle Level
- High: Peoples Academy
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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