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.
Pending
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
- 237 days |
- 63 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Joshua Lemieux,
RE/MAX Summit Off:802-772-0670
Source: PrimeMLS,MLS#: 5072868
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
- Body of water: Castleton 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
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,921/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Pending sale | $265,000$82/sqft |
Source: | ||
| 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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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