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  • Listed by: Brian French Real Estate • Brian French
    Price cut: $350K (5/26)
    $1,150,000

    56 Wright Avenue, Burlington, VT 05401

    3beds
    1,066sqft
    : 
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    Multi Family
    Built in 1935
    -- sqft lot
    $1,087,200 Zestimate®
    $1,079/sqft
    $-- HOA

    What's special

    Energy-efficient mini-split systemsNew flooring throughoutAll new windowsTherma-tru exterior doors
    Incredible opportunity to own a beautifully updated 3-unit property in Burlington’s highly desirable South End, offering stunning views of Lake Champlain from each apartment. This well-maintained building features three one-bedroom units, each thoughtfully upgraded with quality finishes and modern systems. Recent improvements include all new windows, Therma-Tru exterior doors, and new flooring throughout. The bathrooms have been tastefully updated with tiled showers, and the property benefits from a new electrical service, upgraded plumbing, and an on-demand hot water system (2026). Additional highlights include energy-efficient mini-split systems, professional insulation for year-round comfort, and newly constructed covered porches with durable Trex decking—perfect for taking in the lake views. Ideally located, this property offers easy access to the Burlington Bike Path, University of Vermont Medical Center, and the vibrant Church Street Marketplace. Enjoy close proximity to the Burlington waterfront, along with an array of local shops, restaurants, and all that downtown Burlington has to offer.A rare opportunity to own a turnkey multi-family property in one of Burlington’s most sought-after neighborhoods.
    83 days
    |
    1,320
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian French,

    Brian French Real Estate 802-862-6433

    Source: PrimeMLS,MLS#: 5083392MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Baseboard, Mini Split
      Cooling
      • Mini Split
      Features
      • Flooring: Carpet, Laminate, Vinyl
      • Basement: Concrete,Interior Entry
      Interior area
      • Total structure area: 1,066
      • Total interior livable area: 1,066 sqft
      • Finished area above ground: 1,066
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Paved, Driveway, Off Site
      • Has uncovered spaces: Yes
      Features
      • Levels: 1.75
      • Exterior features: Deck
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Body of water: Lake Champlain
      • Frontage length: Road frontage: 90
      Lot
      • Size: 6,098 Square Feet
      • Features: City Lot, Level, Views
      Details
      • Parcel number: 11403518306
      • Zoning description: Res Med density

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Wood Frame
      • Foundation: Block, Concrete
      • Roof: Asphalt Shingle
      Condition
      • New construction: No
      • Year built: 1935

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Other

      Community & HOA

      Location
      • Region: Burlington

      Financial & listing details

      • Price per square foot: $1,079/sqft
      • Tax assessed value: $468,000
      • Annual tax amount: $11,060
      • Date on market: 4/14/2026

        Estimated market value

        $1,087,200

        $1.03M - $1.14M

        $2,664/mo

        Price history

        DateEventPrice
        5/26/2026Price change$1,150,000-23.3%$1,079/sqft
        Source: PrimeMLS #5083392 Report a problem
        5/19/2026Price change$1,500,000-16.7%$1,407/sqft
        Source: PrimeMLS #5083392 Report a problem
        4/14/2026Listed for sale$1,800,000+800%$1,689/sqft
        Source: PrimeMLS #5083392 Report a problem
        10/20/2014Sold$200,000$188/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $468,000
        2023-- $468,000
        2022-- $468,000
        2021-- $468,000 +54.3%
        2020-- $303,400
        2019-- $303,400
        2018-- $303,400
        2017$8,083 +62.9%$303,400
        2016$4,962 $303,400 +13791.9%
        2015-- $2,184
        2014-- $2,184
        2013-- $2,184
        2012-- $2,184
        2011-- $2,184
        2010-- $2,184
        2009-- $2,184
        2008-- $2,184
        2007-- $2,184
        2006-- $2,184

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 05401

        Getting around

        43 / 100
        Car-Dependent
        29 / 100
        Some Transit
        88 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Champlain Elementary School
        • Middle: Edmunds Middle School
        • High: Burlington High School

        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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