Active

Listed by: Lakes & Homes Real Estate • Nancy Liberatore

Price cut: $20K (8/18)

$275,000

589 South Street, Castleton, VT 05735

--beds

--baths

2,000sqft

$1,978/mo

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Multi Family

Built in 1880

-- sqft lot

$-- Zestimate^®

$138/sqft

$-- HOA

What's special

Fencing on three sides

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.

103 days
281
21

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: $138/sqft
Tax assessed value: $108,100
Annual tax amount: $3,302
Date on market: 6/2/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/18/2026	Price change	$275,000-6.8%$138/sqft
Source: PrimeMLS #5092323 Report a problem
7/23/2026	Price change	$295,000-7.8%$148/sqft
Source: PrimeMLS #5092323 Report a problem
6/2/2026	Listed for sale	$319,900+45.4%$160/sqft
Source: PrimeMLS #5092323 Report a problem
11/8/2024	Sold	$220,000-11.6%$110/sqft
Source: PrimeMLS #5004855 Report a problem
7/12/2024	Listed for sale	$249,000-5.7%$125/sqft
Source: PrimeMLS #5004855 Report a problem
12/15/2023	Listing removed	--
Source: PrimeMLS #4952835 Report a problem
9/11/2023	Listing removed	$264,000-1.9%$132/sqft
Source: PrimeMLS #4952835 Report a problem
4/17/2023	Listed for sale	$269,000+398.1%$135/sqft
Source: PrimeMLS #4948955 Report a problem
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