List Price: $399,000 | $213 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 1 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Listed Monday Apr 27, 2026 | MLS# 5085628
54 Court Street Middlebury VT
Listed by k. Cory Foote BHHS Vermont Realty Group/Vergennes
Centrally located two-unit residential property within walking distance of downtown Middlebury, local shops, restaurants, and both the elementary and high schools. This property offers flexibility for a variety of uses, with one unit currently vacant--providing an opportunity for owner-occupancy while generating rental income from the second unit to help offset expenses. It presents a practical option for a first-time buyer looking to build equity while reducing monthly carrying costs. Many recent improvements make this a comfortable, move-in ready option without the need for immediate work. Mini-splits in each unit provide cooling during the summer months, along with an efficient supplemental heat source for the changing seasons. Set on a manageable village lot with a detached two-car garage, the property is well-suited for those looking to enjoy in-town living with convenient access to daily amenities, or for investors seeking a steady, well-located asset. Operating Expenses : Heat,Insurance,Maintenance,Sewer,Snow Removal,Trash,Utilities,Water/Sewer
Annual Expenses

Taxes: $6,317
Income
Gross Income | $36,000
NetIncome | $20,388
Appliances : Natural Gas Water Heater

UNIT 1

Beds: 1
Baths: 1
Rooms: 4
Sq.Ft.: 936
Level: 1
Info : Appliances Included,Dishwasher,Natural Gas Heat,Heat Included,Laundry Hookup,Porch,Electric Range,Refrigerator,Smoke Detector
Tenant Pays : Internet Service,TV Service
Rent : 1500.00 Monthly
Status : Vacant

UNIT 2

Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 936
Level: 2
Info : Appliances Included,Dishwasher,Dryer,Natural Gas Heat,Heat Included,Electric Range,Refrigerator,Smoke Detector,Washer
Tenant Pays : Internet Service,TV Service
Rent : 1500.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Construction: Wood Frame | Vinyl Siding
Year Built: 1900
Style: Cape | Farmhouse | New Englander
Floors | Stories: 1.75
No. Elevators:
Total Sq.Ft. Finished: 2808
Above Grade Sq.Ft.: 1872
Basement: Concrete | Concrete Floor | Full | Sump Pump | Unfinished | Interior Access
Exterior Color: Cream
Roof: Metal
Seasonal: No
Heating: Baseboard | Mini Split
Cooling: Mini Split
Electric: 200+ Amp Service
Trash: Cans | Curbside | Owner |
Utilities: Cable at Site | Gas On-Site | Telephone at Site | Underground Utilities | Phone
Electric Meters: 1
Gas_Meters: 1
Water: Public
Sewer: Public
Land Information
Neighbor Business | Sidewalks | In Town | Near Shopping | Near School(s)
Lot size: 0.28 acres
Zoned: Bus Dist/Village/Mixed)
Surveyed: Unk
Flood Zone: No
Road Frontage: 72
Driveway: Gravel


Taxes $6,317
Assesed Value Not Reported
Schools
School District: Addison Central
Elementary School: Mary Hogan School
Middle School: Middlebury Union Middle #3
High School: Middlebury Senior UHSD #3

© 2000-2026 Clerkin Agency Real Estate
NEREN Logo
565 Maple Street, White River Junction, Vermont. 05001 802-295-1355
Copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 1st, 2026

PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed here:
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM