You are viewing all listings Multi Family Homes between $250000 and $500000 dollars.
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$364,900 $158 per sq.ft. Rutland City VT Multi Family »
Number of Units 3 Total Sq. Ft. 2312 | Acres: 0.14Listed on Friday Jul 24, 2026
Description: Investment Opportunity in the Heart of Rutland City! Discover the perfect blend of classic charm and income producing potential with this beautiful three unit Gambrel style multifamily home on Church Street in Rutland City. Featuring gorgeous hardwood floors, thoughtful updates, and timeless character throughout, this well-maintained property is ready to welcome its next owner. Whether you're looking to owner occupy and let rental income help offset your mortgage and living expenses or add a solid investment property to your portfolio, this versatile property offers endless possibilities. It's convenient location places you close to shopping, restaurants, schools, parks, and many of Rutland City's everyday amenities. If you've been searching for a multifamily property that combines charm, convenience, and excellent income potential, this is the opportunity you've been waiting for. Schedule your showing today and see all that this exceptional Church Street property has to offer! See Listing Details & 42 images.
$450,000 $125 per sq.ft. Rutland City VT Multi Family »
Price Change! Reduced by $25,000 down 6% on July 10th 2026
Number of Units 5 Total Sq. Ft. 3600 | Acres: 0.22
Listed on Tuesday Sep 23, 2025
Description: Discover a true unicorn investment property in the heart of Rutland! 120 Maple Street has been completely re-imagined and rebuilt from the studs up, delivering a turn-key, worry-free opportunity for investors and owner-occupants alike. This fully renovated five-unit property features four spacious 2-bedroom apartments and one 1-bedroom apartment, each designed with modern finishes, abundant natural light, and thoughtfully upgraded layouts. Every aspect of the building is brand new, including all mechanicals, electrical, plumbing, heating systems, and interiors, ensuring long-term durability and low operating costs for years to come. Three of the five units have rent restrictions tied to HUD Fair Market Rent Rates for 5 years, due to grant funds received to renovate the property. Located in a strong rental market with high demand for quality housing, this property offers a rare blend of stability and upside. See Listing Details & 38 images.
$469,000 $145 per sq.ft. Rutland City VT Multi Family »
Price Change! Reduced by $10,000 down 2% on July 7th 2026
Number of Units 2 Total Sq. Ft. 3234 | Acres: 0.15
Listed on Wednesday Jun 3, 2026
Description: Assumable loan of 4.625% for qualified buyer! Turnkey, upscale duplex located in the heart of Rutland City and minutes from Killington, shopping, events and more! Recently renovated and ready to generate income or support owner-occupancy. This property includes a current occupancy permit so you can Airbnb or the like from day one! This duplex was previously an Airbnb and ski rental. Over 3,200 sq ft of living space with true utility separation including water meters, electric, oil, and heating systems for each unit. Features include updated plumbing and electrical, new appliances (under 2 yrs), freshly painted interior/exterior, original wood floors and wrap around porch. First floor offers a new master bath/shower, upgraded kitchen, and integrated smart locks. Second floor includes a sunroom with a view of the mountains, new kitchen and bath flooring. Enjoy peace of mind with a 10-camera Wi-Fi security system, monitored smoke/CO detectors, and motion/window sensors. Dry, insulated basement with vapor barrier and serviced sump pump. Attic includes 16" blown-in insulation. Additional perks: slate roof maintenance performed in 6/25, two newer furnaces, EV/RV 30-amp plugs, water filtration system, 3 new Trex staircases with and ample parking area. Owner has maintained the original charm while integrating modern amenities. There is a completed condo conversion so the units can be sold separately. See Listing Details & 60 images.
$495,000 $161 per sq.ft. Rutland City VT Multi Family »
Price Change! Reduced by $55,000 down 11% on June 30th 2026
Number of Units 2 Total Sq. Ft. 3084 | Acres: 0.32
Listed on Tuesday May 12, 2026
Description: Investment opportunity with outstanding Route 7 North visibility and commercial zoning that opens the door to a wide variety of uses. This turnkey, income-producing property offers over 3,000 square feet of beautifully renovated space and includes a one-bedroom apartment that is currently leased to a long-term tenant for $1,060 per month, providing reliable year-round income. The spacious main residence features four bedrooms and four and a half baths and has operated as a highly successful Airbnb for the owners over the past several years. The property is also currently booked with seasonal renters from December 1 through March 31, offering immediate income to the next owner. Renovated from top to bottom in 2006, this impressive building was updated with quality furnishings, modern utilities, plumbing, insulation, wiring, oil furnace, central air, appliances, and an attractive interior highlighted by a cozy fireplace. Formerly a successful salon, the property offers exceptional flexibility for continued short-term rental use, an owner-occupied business, or a variety of commercial ventures. A large rear storage shed, abundant paved parking, and the fact that the property is being offered fully furnished make this a truly turnkey investment. Fantastic location just minutes to Killington Resort, pristine lakes, and an active downtown featuring Paramount Theatre, outstanding restaurants, farmers markets, and year-round events. Experience the very best of Vermont and Live Vermont! See Listing Details & 36 images.
$499,000 $126 per sq.ft. Rutland City VT Multi Family »
Number of Units 4 Total Sq. Ft. 3951 | Acres: 0.37Listed on Saturday Jun 27, 2026
Description: Solid 1900 multi-family boasting nearly 4,000 sq. feet of living space. Currently set up as a 4-unit, may be a possibility to convert an office space into a fifth apartment. Clean updated Three 2-bedrooms and an efficiency adding 4 much needed apartments in Rutland City's repertoire. The house features spacious bedrooms with large closets, impressive living areas and tall ceilings. A large attached 2-car garage would be appealing to many future tenants. New sewer line and heat pumps, four 200 amp separate electric boxes and many upgrades including newer floors and metal roof areas. Great rental history! See Listing Details & 12 images.
$499,000 $131 per sq.ft. Rutland City VT Multi Family »
Number of Units 4 Total Sq. Ft. 3800 | Acres: 0.19Listed on Sunday Jun 28, 2026
Description: Investors, take note: here's a four unit multi-family property that pairs steady rental income with a prime uptown Rutland location--a combination savvy buyers rarely stumble upon. Built for performance, this well-maintained solid building features separate utilities across its units, meaning tenants cover their own usage and you sidestep the headache of dividing bills every month. The first floor spacious apartment also has use of the two car attached garage, three bedrooms and one level living. The second floor consist of (2) one bedroom units and a studio apartment with a private balcony. The fourth unit offers an abundance of natural light with built-in bookcases, a skylight and it's own access to a private garden at the back of the building. This layout accommodates multiple households comfortably, keeping occupancy strong and vacancies short. Whether you're an experienced landlord expanding your portfolio or a first-time investor dipping a toe into rental ownership, this property checks the practical boxes. The care that previous owners and the current owner has poured into upkeep shows, sparing you the surprise expenses that often plague older buildings. Simply put, it's ready to generate returns from the moment you collect the keys with a great rental history. Some newer heat pumps have been added for energy efficient heating. Location only sweetens the proposition. Tenants enjoy close proximity to Main Street Park, a pleasant green pocket perfect for lunch breaks and weekend lounging. Daily errands stay effortless with Shopping Plaza Road just minutes away, while Marble Valley Regional Transit puts car-free commuting within easy reach--a genuine selling point that keeps renters interested and leases signed. The bus also transports to Killington Ski area! See Listing Details & 35 images.
Under Contract
$299,000 $93 per sq.ft. Rutland Town VT Multi Family »
Number of Units 3 Total Sq. Ft. 3212 | Acres: 2.24Listed on Friday May 22, 2026
Description: Very unique opportunity to purchase a 3-unit multi-family property in Rutland Town! The property has just been subdivided from the larger, former Thomas Dairy property with a brand new well and septic system in place. Sited on 2.24 beautiful acres with a large two story barn on the property, this could be a wonderful property for an owner-occupant to live in one unit and generate income from the other two units. One 2-BR unit is currently vacant and has just been fully renovated. The other two units are occupied with stable, long-term tenants. A must-see multi-family opportunity in Rutland County! See Listing Details & 14 images.
$269,900 $123 per sq.ft. Shaftsbury VT Multi Family »
Price Change! Reduced by $50,100 down 19% on July 23rd 2026
Number of Units 2 Total Sq. Ft. 2190 | Acres: 2
Listed on Monday Dec 1, 2025
Description: Currently being used as a primary home a vacant 2nd home, this property could be either a single family residence with/without an in-law house or as a 2 unit multifamily with 2 separate houses with your tenants paying all utilities responsible for their own plowing and yard upkeep. This quiet country location has 2 homes located on its 2 acres. The main home is a 3 bedroom ranch featuring a large eat-in kitchen opening into a large living room. 3 bedrooms, including an addition with a large primary with 2 closets inlcuding one whick is a large walk-in closet. A large full bath with washer/dryer hookups completes the living area. The house has a partial concrete basement under the older portion, with a crawlspace under the addition. This main house needs some TLC including interior paint and could use new carpet and vinyl flooring. The smaller second house is located a few hundred feet from the main house and has its own separate driveway and a separate septic system (the 2 houses do share a common drilled well) This house features a 2 room design with the kitchen / living room space, large bedroom, full bath, and a utility/laundry room. At 798 sqft, there is plenty of room. There is some unresolved freeze damage to the plumbing in the 2nd house. All income figures are based on estimated rents for both houses. The property will be sold with units vacated so you can place your own tenants under your own terms. Stand-alone house rentals are hard to find and having 2 such houses on the same lot makes it twice as appealing. See Listing Details & 27 images.
$457,000 $125 per sq.ft. Shaftsbury VT Multi Family »
Price Change! Reduced by $42,000 down 9% on July 22nd 2026
Number of Units 4 Total Sq. Ft. 3648 | Acres: 0.27
Listed on Tuesday Jun 30, 2026
Description: Strong income potential and a versatile unit mix make this 4-unit property an outstanding investment opportunity. Offered at an attractive 10% cap rate, the building features two 2-bedroom, 1-bath units, a spacious 3-bedroom, 1-bath unit, and a 1-bedroom, 1-bath apartment, appealing to a wide range of tenants. This well-positioned property offers dependable rental income and the flexibility that investors seek. Whether you're adding to an established portfolio or purchasing your first multifamily asset, this property provides an excellent opportunity to capitalize on strong returns and long-term rental demand. A great addition for investors looking for solid cash flow and lasting value. 3D Virtual Tours Available Upon Request. See Listing Details & 22 images.
Under Contract
$295,000 $262 per sq.ft. Sharon VT Multi Family »
Number of Units 2 Total Sq. Ft. 1992 | Acres: 10.5Listed on Wednesday Apr 1, 2026
Description: Looking to start your investment portfolio? This property is a great place to start. In a quiet Sharon cul-de-sac, this property has two 2-bedroom units, one on each floor. Newer roof, newer shared septic, poured concrete foundation. The lot includes 10.5 acres of land, majority of which abuts land owned by the Vermont Department of Fish & Wildlife, which connects to the White River. Usability/buildability of the land to be confirmed by purchaser. PRE-INSPECTION AVAILABLE UPON REQUEST - Owner corrected a lot of the issues that were discovered at the inspection, leaving mostly cosmetic fixes for the new owners. One unit is rented month-to-month, and one has a 12-month lease. Purchaser could potentially buy out the lease, or request the building vacant at closing. Owner would consider granting a right of first refusal on the neighboring doublewide (two unit), which shares the septic system. This does not transfer with the property but could give a future owner the opportunity to acquire the adjacent units if they ever become available, and potentially control the entire septic system. So much potential for an investor to build sweat equity in this property. Video tours of each unit available upon request. 48-hour notice required for showings as both units are occupied. See Listing Details & 24 images. Includes a Virtual Tour
$319,000 $180 per sq.ft. Springfield VT Multi Family »
Number of Units 2 Total Sq. Ft. 1774 | Acres: 0.25Listed on Wednesday Jun 17, 2026
Description: Open House July 31 from 3-5 PM. Also see the single-family listing! This is a beautifully renovated duplex with incredible income potential! This property features a fully updated, separate entrance 1-bedroom, 1-bathroom unit with its own electrical meter (shared baseboard heat between both sides). Market data suggests similar units in the area can command around $750/month in rent. For an owner-occupant, leveraging this 1-bed unit could significantly lower your net monthly housing costs, allowing you to spread out in the freshly renovated 3-bedroom, 2-bathroom main unit on a spacious corner lot. Enjoy the convenience of main-level laundry hookups and beautifully refreshed wood floors finished with commercial-grade, high-durability paint. The property also features a fantastic bonus space: a former 2-car garage that has been thoughtfully converted into a dedicated workshop featuring a raised floor perfect for hobbies, trades, or extra storage. Speak with your lender about how utilizing potential rental income could expand your home-buying budget beyond standard single-family limits! Note: Rental amounts, financing options, and purchasing power vary by lender and market conditions. Furnished photos have been virtually staged. See Listing Details & 40 images.
Under Contract
$299,900 $256 per sq.ft. St. Johnsbury VT Multi Family »
Number of Units 2 Total Sq. Ft. 1171 | Acres: 0.2Listed on Friday Mar 20, 2026
Description: Renovated and highly versatile property within the village of St. Johnsbury with strong income potential and future upside. Major improvements have already been completed, including a new basement, updated electrical, plumbing, blown-in insulation, all new Energy Star windows throughout the home, a new roof, and 4 electric meters for expanded flexibility. The finished first floor offers 3 bedrooms and 1 full bath with shared access to the kitchen, bathroom, dining room, and living room. This layout has previously supported both long-term rentals and short-term furnished housing for traveling professionals, with bedrooms rented individually for $1,200 per month. The property offers excellent flexibility with interior access to the second and third floors, a private entrance to the second floor, and both interior and walk-out access to the basement. Once completed, the current 2-unit configuration offers the potential for approximately 2,272 finished square feet. Additional attic and basement areas bring the gross building area to over 4,600 square feet, providing substantial space for storage, utility, workshop use, or possible future expansion, subject to permitting and approvals. Conveniently located near downtown amenities, shopping, schools, major routes, and regional employers including nearby hospitals, this property is well suited for furnished rentals, long-term housing, or owner-occupancy. St. Johnsbury is a high school choice community, including access to the prestigious St. Johnsbury Academy. See Listing Details & 36 images.
$310,000 $110 per sq.ft. St. Johnsbury VT Multi Family »
Price Change! Reduced by $15,000 down 5% on July 19th 2026
Number of Units 2 Total Sq. Ft. 2807 | Acres: 0.19
Listed on Wednesday Jun 10, 2026
Description: Located on a large corner lot "on the hill" in St. Johnsbury, this spacious two-family property offers a rare combination of size, flexibility, and in-town convenience. Whether you're looking for an owner-occupied investment, multi-generational living arrangement, or additional rental income, this property provides plenty of options. The main residence features 4 bedrooms, 3 bathrooms, and generous living space spread across two levels. The main floor includes a kitchen with walk-in pantry, dining room, living room, laundry area, bedroom space, and full bath, while the upper level offers additional bedrooms and bathrooms to accommodate a variety of household needs. A separate second-floor apartment includes 2 bedrooms, 1 bathroom, its own kitchen, living space, and private entrance, creating a comfortable and independent living area for tenants, guests, or extended family. Beyond the property itself, you'll enjoy all the benefits of living in one of the Northeast Kingdom's most vibrant communities. From local restaurants, shops, and schools to community events, cultural attractions, and everyday conveniences, St. Johnsbury offers a lifestyle rich in both character and connection. With 6 bedrooms, 4 bathrooms, a flexible layout, and a sought-after location close to downtown amenities, this property presents an excellent opportunity for homeowners and investors alike. See Listing Details & 57 images.
$399,999 $139 per sq.ft. St. Johnsbury VT Multi Family »
Number of Units 5 Total Sq. Ft. 2876 | Acres: 0.25Listed on Thursday Dec 11, 2025
Description: Investment Opportunity! Rentals are in high demand, and this property offers 5 units! This building offers a blend of stability and income with room for future optimization. There are two 2 Bedroom units and 3 one-bedroom units with unit two currently being renovated with new paint and carpet. There is off street dedicated parking for the tenants, and the building is in a location that is convenient to downtown and shopping. Now is the best time to invest in a building like this that will provide not only profit but help those in need of housing. See Listing Details & 22 images.
$495,000 $126 per sq.ft. St. Johnsbury VT Multi Family »
Number of Units 5 Total Sq. Ft. 3934 | Acres: 0.25Listed on Saturday May 16, 2026
Description: Here is a well maintained 5 unit apartment house "on the hill" in St. Johnsbury - walking distance from grammar and high school and all the amenities of Main Street. Use this property completely as an investment or live in one unit and let the income from the other 4 make the payments plus some. There are three units in the main house and two in the ell at the back of the house. Each apartment has its own heat source and electric meter. There is vinyl siding and most of the windows have been replaced. There is ample parking for the tenants. Don't hesitate on this good investment. See Listing Details & 16 images.
