This well-maintained five-unit multifamily asset offers a strong investment profile, anchored by a solid 10% cap rate and consistent rental performance. The property features a diversified unit mix consisting of three two-bedroom apartments, one one-bedroom unit, and one efficiency, supporting broad tenant appeal and reliable occupancy. Operating efficiency is enhanced by landlord-provided heat, trash removal, snow removal, and lawn care, while tenants are responsible for electric utilities in all units except Apartment C. A large off-street parking area adds further value by providing ample, convenient parking for residents. Strategically located within walking distance to local shops, restaurants, a laundromat, and everyday services, the property benefits from sustained rental demand and a history of consistent occupancy. With strong cash flow, practical management features, and an attractive return profile, this asset is well-suited for investors seeking dependable income whether expanding an existing portfolio or entering the multifamily market with confidence.
Active
Listed by: RE/MAX Summit • Joshua Lemieux
$265,000
9 River Street, Fair Haven, VT 05743
8beds
3,220sqft
Multi Family
Built in 1885
-- sqft lot
$-- Zestimate®
$82/sqft
$-- HOA
What's special
- 189 days |
- 127 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Joshua Lemieux,
RE/MAX Summit Off:802-772-0670
Source: PrimeMLS,MLS#: 5072868
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Oil, Baseboard
Cooling
- None
Features
- Flooring: Combination, Vinyl
- Basement: Full,Assigned Storage,Unfinished,Walkout,Walk-Out Access
Interior area
- Total structure area: 4,830
- Total interior livable area: 3,220 sqft
- Finished area above ground: 3,220
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, Parking Spaces 5 - 10, Unpaved
Features
- Levels: Two,Multi-Level
- Patio & porch: Porch, Covered Porch
- Waterfront features: River
Lot
- Size: 0.37 Acres
- Features: Open Lot, In Town
Details
- Parcel number: 21607010122
- Zoning description: Mixed River
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Stone
- Roof: Membrane
Condition
- New construction: No
- Year built: 1885
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Phone Available
Community & HOA
Location
- Region: Fair Haven
Financial & listing details
- Price per square foot: $82/sqft
- Tax assessed value: $162,800
- Annual tax amount: $4,771
- Date on market: 1/1/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,350/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/1/2026 | Listed for sale | $265,000-7%$82/sqft |
Source: | ||
| 12/13/2025 | Listing removed | $285,000$89/sqft |
Source: | ||
| 6/17/2025 | Listed for sale | $285,000$89/sqft |
Source: | ||
| 5/14/2025 | Listing removed | $285,000$89/sqft |
Source: | ||
| 2/24/2025 | Price change | $285,000-1.7%$89/sqft |
Source: | ||
| 2/10/2025 | Price change | $289,900-3%$90/sqft |
Source: | ||
| 1/6/2025 | Price change | $299,000-6.5%$93/sqft |
Source: | ||
| 11/14/2024 | Listed for sale | $319,900+236.7%$99/sqft |
Source: | ||
| 11/19/2020 | Sold | $95,000$30/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $162,800 |
| 2023 | -- | $162,800 |
| 2022 | -- | $162,800 |
| 2021 | -- | $162,800 |
| 2020 | -- | $162,800 |
| 2019 | -- | $162,800 |
| 2018 | -- | $162,800 |
| 2017 | -- | $162,800 |
| 2016 | -- | $162,800 +9900% |
| 2015 | -- | $1,628 |
| 2014 | -- | $1,628 |
| 2013 | -- | $1,628 |
| 2010 | -- | $1,628 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 05743
Nearby schools
GreatSchools rating
- 5/10Fair Haven Grade SchoolGrades: PK-6Distance: 0.2 mi
- 2/10Fair Haven Uhsd #16Grades: 7-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Fair Haven Grade School
- Middle: Fair Haven Grade School
- High: Fair Haven UHSD #16
- District: Fair Haven 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
- Fair Haven
- 05743
- 9 River Street




