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182 State Street, 
Rutland City, VT 05701

$255,000


Bed


Bath


2,884

Sq Ft


Multi-Family

Active

Listed by

Leo Pond

Karen Heath

Four Seasons Sotheby'S Int'L Realty

1321

802-774-7007

Last updated:

September 28, 2025, 09:45 PM

MLS#

5062824

Source:

PrimeMLS

About This Home

182 State Street

Calling all investors! This versatile three-unit property in Rutland presents a rare opportunity to own an income-generating asset with multiple revenue streams. The main home is a classic two-family residence featuring two spacious apartments—one on the first floor and one on the second. Each unit offers a functional layout. The upstairs apartment has been recently refreshed with brand-new flooring, fresh paint throughout, and the addition of a large closet to enhance the generously sized primary bedroom. A charming sun porch at the rear of the second-floor unit adds to its appeal. Behind the main building sits a detached, stand-alone dwelling —a valuable bonus unit where the tenant pays all their own utilities. This open-concept living space features wood floors, two bedrooms, and a sunny south-facing private deck. Below the living space is a two-bay garage, currently used for storage but offering potential for additional rental income or tenant amenities. A shared driveway leads to an ample off-street parking area, ensuring convenience for all residents. Located adjacent to the paved Rutland Creek Path—a multi-use trail that links Pine Hill Park to downtown. This property offers consistent tenant appeal and excellent proximity to local employers, schools, shopping, and outdoor recreation. With strong rental demand in the area, this is a smart addition to any investment portfolio.

Home Facts

Multi-Family

Built in 1890

Price Summary

255,000

$88 per Sq. Ft.

MLS #:

5062824

Last Updated:

September 28, 2025, 09:45 PM

Added:

4 day(s) ago


Rooms & Interior

Interior

Living Area:

2,884 Sq. Ft.


Structure

Structure

Building Area:

3,958 Sq. Ft.

Year Built:

1890


Lot

Lot Size (Sq. Ft):

22,216


Finances & Disclosures

Finances

Price:

$255,000

Price per Sq. Ft:

$88 per Sq. Ft.

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Copyright 2025 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated September 28, 2025

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