Investment Opportunity!! Just outside the campus of Vermont State University this 2-unit multi-family property brings multiple options to consider. Situated on almost a one acre level lot with fencing on three sides this property offers privacy along with convenience. Each unit features 3 bedrooms and 1 bathroom. Current leases in place through May 2027. Easy proximity to everything Rutland County has to offer for all four seasons - Lake Bomoseen, Killington and Pico. Walking distance to downtown Castleton for restaurants and amenities. Detailed financials available.
Active
Listed by: Lakes & Homes Real Estate
$319,900
589 South Street, Castleton, VT 05735
--beds
--baths
2,000sqft
Multi Family
Built in 1880
-- sqft lot
$-- Zestimate®
$160/sqft
$-- HOA
What's special
Fencing on three sides
- 10 days |
- 215 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Nancy Liberatore,
Lakes & Homes Real Estate 802-671-8042
Source: PrimeMLS,MLS#: 5092323
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Facts & features
Interior
Heating
- Propane, Baseboard, Hot Water, Zoned
Cooling
- None
Features
- Basement: Interior Stairs,Walk-Up Access
Interior area
- Total structure area: 3,800
- Total interior livable area: 2,000 sqft
- Finished area above ground: 2,000
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Features
- Levels: Two
- Frontage length: Road frontage: 151
Lot
- Size: 0.9 Acres
- Features: Level
Details
- Parcel number: 12904012079
- Zoning description: R2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Concrete
- Roof: Slate
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: 150 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable
Community & HOA
Location
- Region: Castleton
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $108,100
- Annual tax amount: $3,266
- Date on market: 6/2/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Listed for sale | $319,900+45.4%$160/sqft |
Source: | ||
| 11/8/2024 | Sold | $220,000-11.6%$110/sqft |
Source: | ||
| 7/12/2024 | Listed for sale | $249,000-5.7%$125/sqft |
Source: | ||
| 12/15/2023 | Listing removed | -- |
Source: | ||
| 9/11/2023 | Listing removed | $264,000-1.9%$132/sqft |
Source: | ||
| 4/17/2023 | Listed for sale | $269,000+398.1%$135/sqft |
Source: | ||
| 12/13/1994 | Sold | $54,000$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $108,100 |
| 2023 | -- | $108,100 |
| 2022 | -- | $108,100 |
| 2021 | -- | $108,100 |
| 2020 | -- | $108,100 |
| 2019 | -- | $108,100 |
| 2018 | -- | $108,100 |
| 2017 | $2,207 | $108,100 |
| 2016 | -- | $108,100 +9900% |
| 2015 | -- | $1,081 +0.7% |
| 2014 | -- | $1,074 |
| 2013 | -- | $1,074 |
| 2012 | -- | $1,074 |
| 2011 | -- | $1,074 |
| 2010 | -- | $1,074 |
| 2009 | -- | $1,074 |
| 2008 | -- | $1,074 |
| 2007 | -- | $1,074 +57.9% |
| 2006 | -- | $680 +4.8% |
| 2003 | $1,664 | $649 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: 05735
Nearby schools
GreatSchools rating
- 7/10Castleton Elementary SchoolGrades: PK-6Distance: 2 mi
- NACastleton Village SchoolGrades: 6-8Distance: 0.7 mi
- 2/10Fair Haven Uhsd #16Grades: 7-12Distance: 4.6 mi
Schools provided by the listing agent
- Elementary: Castleton Elementary School
- Middle: Fair Haven Grade School
- High: Fair Haven UHSD #16
- District: Slate Valley Unified School District
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Vermont
- Rutland County
- Castleton
- 05735
- 589 South Street




