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Active under contract
  • Listed by: Lange & Lange
    $299,000

    51 South Main Street, Rutland City, VT 05701-5041

    6beds
    2,598sqft
    : 
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    Multi Family
    Built in 1870
    -- sqft lot
    $290,500 Zestimate®
    $115/sqft
    $-- HOA

    What's special

    Two-car garageAmple driveway parking
    Great income-producing opportunity right in the heart of downtown Rutland City. This nicely maintained two-unit, two-story property offers comfort, flexibility, and strong rental appeal. Each unit is equipped with its own laundry hookup, adding everyday convenience for tenants or owner-occupants alike. Enjoy outdoor living with a windowed porch for the lower unit and a private back terrace for the upper unit. The property also features a two-car garage, ample driveway parking, and two separate fenced yard/garden spaces—perfect for pets, gardening, entertaining, BBQs, or simply relaxing outdoors. Ideally situated directly across from the Green between Route 4/7 and Main Street, this location offers easy walkability to shopping, restaurants, parks, and everything downtown Rutland has to offer. The first-floor unit is owner-occupied full-time, while the upstairs unit offers 3 bedrooms and 1 bathroom with interior stairwell access. A lease is currently in place with long-term tenants paying $2,000 per month, providing immediate income potential. A versatile investment property in a prime downtown location with excellent owner-occupant or income-producing possibilities. LAST DAY OF SHOWINGS FRIDAY JUNE 5 OFFERS DUE SATURDAY JUNE 6
    18 days
    |
    2,374
    |
    120
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tucker Adirondack Lange,

    Lange & Lange 917-216-9535,

    Rachael Lange,

    Lange & Lange

    Source: PrimeMLS,MLS#: 5090743MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Oil
      Cooling
      • None
      Features
      • Flooring: Carpet, Laminate, Tile, Wood
      • Basement: Dirt Floor,Interior Entry
      Interior area
      • Total structure area: 5,196
      • Total interior livable area: 2,598 sqft
      • Finished area above ground: 2,598
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 6
      • Parking features: Paved, Direct Entry, Driveway, Parking Spaces 6+
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: 3
      • Patio & porch: Covered Porch, Screened Porch
      • Frontage length: Road frontage: 49
      Lot
      • Size: 6,534 Square Feet
      • Features: City Lot, Curbing, Landscaped, Major Road Frontage, Sidewalks
      Details
      • Parcel number: 54017014638
      • Zoning description: MSP Main Street Park

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Vinyl Exterior
      • Foundation: Concrete, Fieldstone
      • Roof: Shingle,Slate
      Condition
      • New construction: No
      • Year built: 1870

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public Water On-Site
      • Utilities for property: Cable Available, Multi Phone Lines, T1 Available

      Community & HOA

      Location
      • Region: Rutland

      Financial & listing details

      • Price per square foot: $115/sqft
      • Tax assessed value: $142,200
      • Annual tax amount: $5,509
      • Date on market: 5/25/2026
      • Road surface type: Paved
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        Estimated market value

        $290,500

        $276,000 - $305,000

        $1,546/mo

        Price history

        DateEventPrice
        5/25/2026Listed for sale$299,000+57.4%$115/sqft
        Source: PrimeMLS #5090743 Report a problem
        7/21/2023Sold$190,000+137.5%$73/sqft
        Source: PrimeMLS #4962320 Report a problem
        8/28/2020Sold$80,000+60%$31/sqft
        Source: Public Record Report a problem
        4/25/1989Sold$50,000$19/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $142,200
        2023-- $142,200
        2022-- $142,200
        2021-- $142,200
        2020-- $142,200
        2019-- $142,200
        2018-- $142,200
        2017-- $142,200
        2016-- $142,200 +9900%
        2015-- $1,422
        2014-- $1,422
        2013-- $1,422
        2012-- $1,422
        2011-- $1,422
        2010-- $1,422
        2009-- $1,422
        2008-- $1,422
        2007-- $1,422

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          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.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: Rutland City

          Getting around

          86 / 100
          Very Walkable
          51 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Rutland City 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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