Unmatched 4-Unit Compound: 53-55 Walnut Street, Burlington! Seize this extraordinary opportunity in Burlington's O.N.E. premier multi-unit offering! This rare property mixes historical vibes with a modern spin. A triplex built in 2008 and a charming single-family home built in 1899, totaling 4-Units. This unique configuration unlocks unparalleled versatility: achieve significant rental income from 4 independent streams and comfortably house multiple generations. Each residence provides its own private living space, appealing to a wide range of tenants. The lot offers valuable outdoor space for all residents. Imagine shared gardening space, relaxation, entertaining, etc. within the fully fenced private backyard. Walnut Street's prime location puts residents in the heart of sought-after amenities. Simple access to the vibrant downtown, local schools, UVVMC, shops, diverse dining, local hotspots, etc. The picturesque Lake Champlain waterfront, offering recreational pathways and stunning views, is just a short distance away. This isn't just real estate; it's a strategic, long-term acquisition in Burlington's robust and high-demand multi-family market. Properties with this rare four-unit configuration are exceptionally sought-after for their maximized income potential, diversified risk, and long-term value appreciation. Don't take this time to hesitate with this one! 53-55 Walnut Street is ready to create a large income stream for its new owner. Showings start Monday 06/23/2025!
Closed
Listed by: KW Vermont
Bought with: Real Broker LLC
$725,000
53-55 Walnut Street, Burlington, VT 05401
6beds
3,887sqft
Multi Family
Built in 2008
-- sqft lot
$735,600 Zestimate®
$187/sqft
$2,640 Estimated rent
Home value
$735,600
$699,000 - $772,000
$2,640/mo
Zestimate® history
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Private living spaceValuable outdoor spaceFully fenced private backyard
Zillow last checked:
Listing updated:
Listed by:
idENTITY real estate group,
KW Vermont Phone:802-999-8410,
Isaiah Donaldson,
KW Vermont
Bought with:
Kimberly Hart
Real Broker LLC
Source: PrimeMLS,MLS#: 5047515
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Vented Gas Heater, Space Heater, Wall Units
Cooling
- Whole House Fan
Appliances
- Included: Owned Water Heater, Separate Water Heater
Features
- Flooring: Combination, Concrete, Hardwood, Tile, Vinyl, Wood
- Windows: Screens, Double Pane Windows, ENERGY STAR Qualified Windows
- Basement: Concrete,Full,Interior Stairs,Unfinished,Interior Entry
Interior area
- Total structure area: 5,462
- Total interior livable area: 3,887 sqft
- Finished area above ground: 3,887
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Paved, Driveway, Off Street, On Site, Parking Spaces 6+
- Has uncovered spaces: Yes
Features
- Levels: Two
- Patio & porch: Porch
- Exterior features: Balcony, Deck, Garden, Natural Shade, Other, Storage
- Fencing: Full
- Frontage length: Road frontage: 58
Lot
- Size: 9,583 sqft
- Features: City Lot, Curbing, Interior Lot, Landscaped, Level, Other, Sidewalks, Street Lights, Trail/Near Trail, Walking Trails, Near Paths, Near Shopping, Neighborhood, Near Hospital, Near School(s)
Details
- Parcel number: 11403513902
- Zoning description: R4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cellulose Insulation, Wood Frame, Clapboard Exterior, Vinyl Exterior, Vinyl Siding
- Foundation: Brick, Poured Concrete, Stone
- Roof: Asphalt Shingle,Slate
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers, On-Site
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable at Site, Gas On-Site, Telephone at Site, Other
Community & neighborhood
Location
- Region: Burlington
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Sold | $725,000-6.3%$187/sqft |
Source:  PrimeMLS #5047515 Report a problem | ||
| 1/14/2026 | Contingent | $774,000$199/sqft |
Source: PrimeMLS #5047515 Report a problem | ||
| 6/19/2025 | Listed for sale | $774,000+867.5%$199/sqft |
Source: PrimeMLS #5047515 Report a problem | ||
| 12/7/2001 | Sold | $80,000$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $727,600 |
| 2023 | -- | $727,600 |
| 2022 | -- | $727,600 |
| 2021 | -- | $727,600 +48.9% |
| 2020 | -- | $488,500 |
| 2019 | -- | $488,500 |
| 2018 | -- | $488,500 |
| 2017 | $13,014 | $488,500 |
| 2016 | -- | $488,500 +9695.5% |
| 2015 | -- | $4,987 |
| 2014 | -- | $4,987 |
| 2013 | -- | $4,987 |
| 2012 | -- | $4,987 |
| 2011 | -- | $4,987 |
| 2010 | -- | $4,987 |
| 2009 | -- | $4,987 +176.6% |
| 2008 | -- | $1,803 |
| 2007 | -- | $1,803 |
| 2006 | -- | $1,803 |
Find assessor info on the county website
Neighborhood: 05401
Nearby schools
GreatSchools rating
- 5/10Integrated Arts Academy At H. O. WheelerGrades: PK-5Distance: 0.1 mi
- 7/10Edmunds Middle SchoolGrades: 6-8Distance: 1 mi
- 7/10Burlington Senior High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Integrated Arts Academy
- 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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$735,600
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$750,312
- Vermont
- Chittenden County
- Burlington
- 05401
- 53-55 Walnut Street
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