Versatile and well-maintained property offering the rare opportunity to enjoy homeownership with built-in income. The main residence features a comfortable 2-bedroom, 1.5-bath layout, while two additional units—a 1-bedroom apartment and an efficiency studio—provide immediate rental income. Currently, the owner occupies the main unit, with the other two units leased, creating an ideal setup for a buyer looking to offset their mortgage from day one. Whether you continue this arrangement, adjust rents over time, or eventually transition the property to suit your needs, the flexibility here is a major advantage. The property has been well cared for and is already functioning smoothly as a multi-unit, making for an easy transition. Located in a residential neighborhood with convenient access to local amenities, schools, and outdoor recreation, this is a unique chance to own a home that works for you financially while still providing the comfort of a primary residence.
Active
Listed by: Wohler Realty Group
$350,000
118 Barnes Street, West Rutland, VT 05701
4beds
2,497sqft
Est.:
Multi Family
Built in 1986
-- sqft lot
$330,500 Zestimate®
$140/sqft
$-- HOA
What's special
Efficiency studio
- 24 days |
- 1,265 |
- 54 |
Zillow last checked:
Listing updated:
Listed by:
Trent K Stephens,
Wohler Realty Group 802-297-3333
Source: PrimeMLS,MLS#: 5083118
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Oil, Baseboard
Cooling
- None
Features
- Basement: Concrete Floor,Walk-Out Access
Interior area
- Total structure area: 3,481
- Total interior livable area: 2,497 sqft
- Finished area above ground: 2,497
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Features
- Levels: 1.75
- Stories: 1.75
Lot
- Size: 0.46 Acres
- Features: Sidewalks, Neighborhood, Near School(s)
Details
- Parcel number: 73523410735
- Zoning description: Village
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Concrete
- Roof: Shingle
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Utilities for property: Cable Available, Phone, Phone Available
Community & HOA
Location
- Region: West Rutland
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $177,500
- Date on market: 4/10/2026
Estimated market value
$330,500
$314,000 - $347,000
$1,441/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Listed for sale | $350,000+112.1%$140/sqft |
Source: | ||
| 12/27/2005 | Sold | $165,000$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $177,500 |
| 2023 | -- | $177,500 |
| 2022 | -- | $177,500 |
| 2021 | -- | $177,500 |
| 2020 | -- | $177,500 |
| 2019 | -- | $177,500 +11.4% |
| 2018 | -- | $159,300 +0.5% |
| 2017 | -- | $158,500 |
| 2016 | -- | $158,500 +9906.3% |
| 2015 | -- | $1,584 |
| 2014 | -- | $1,584 |
| 2013 | -- | $1,584 +0.3% |
| 2012 | -- | $1,580 |
| 2011 | -- | $1,580 +0.1% |
| 2010 | -- | $1,579 |
| 2009 | -- | $1,579 |
| 2008 | -- | $1,579 +81.9% |
| 2007 | -- | $868 -0.1% |
| 2006 | -- | $869 |
| 2003 | $2,376 | $869 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,348/mo
Principal & interest
$1805
Property taxes
$543
More affordability tools
Climate risks
Neighborhood: 05777
Nearby schools
GreatSchools rating
- 4/10West Rutland SchoolGrades: PK-12Distance: 0.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Vermont
- Rutland County
- West Rutland
- 05777
- 118 Barnes Street





