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  • Listed by: Real Broker LLC
    $599,000

    15 Kingsley Court, Rutland City, VT 05701

    12beds
    6baths
    5,015sqft
    : 
    Multi Family
    Built in 1968
    -- sqft lot
    $-- Zestimate®
    $119/sqft
    $-- HOA

    What's special

    Open-concept layouts
    Incredible 12.5% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity is here! This well-performing 6-unit multifamily property features six (6) 2-bedroom, 1-bath units, each offering open-concept layouts that appeal to today’s renters. With tenants paying their own electric, operating expenses are kept in check, supporting strong and efficient cash flow. The property generates $92,100 in gross annual income and is ideally situated within walking distance to downtown Rutland, with convenient access to public transportation, restaurants, retail, and essential services, fueling consistent rental demand in this desirable location. Adding to the upside, the adjacent property at 17 Kingsley Court, with the same footprint, is also available, presenting a rare opportunity to acquire side-by-side assets for portfolio expansion and operational efficiency. Whether you’re an experienced investor or looking to scale your holdings, this multifamily offering delivers income stability, flexibility, and long-term growth potential in a strong Vermont rental market.
    43 days
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    224
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    11
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    Zillow last checked: 7 hours ago

    Listing updated: February 03, 2026 at 10:44am

    Listed by:

    Betsy Adamovich,

    Real Broker LLC 855-450-0442

    Source: PrimeMLS,MLS#: 5075583MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 6
      Heating
      • Kerosene, Forced Air
      Cooling
      • None
      Appliances
      • Included: Electric Water Heater
      Features
      • Flooring: Vinyl
      • Basement: None
      Interior area
      • Total structure area: 5,015
      • Total interior livable area: 5,015 sqft
      • Finished area above ground: 5,015
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Paved, Off Street
      Features
      • Levels: 3
      Lot
      • Size: 7,405.2 Square Feet
      • Features: City Lot
      Details
      • Parcel number: 54017012974
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Brick Exterior, Vinyl Siding
      • Foundation: Concrete Slab
      • Roof: Asphalt Shingle
      Condition
      • New construction: No
      • Year built: 1968

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Phone Available

      Community & HOA

      Location
      • Region: Rutland

      Financial & listing details

      • Price per square foot: $119/sqft
      • Tax assessed value: $171,000
      • Annual tax amount: $6,978
      • Date on market: 2/3/2026
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        2/3/2026Listed for sale$599,000+7%$119/sqft
        Source: PrimeMLS #5075583 Report a problem
        5/6/2024Listing removed--
        Source: PrimeMLS #4987682 Report a problem
        3/12/2024Listed for sale$560,000$112/sqft
        Source: PrimeMLS #4987682 Report a problem
        12/30/2023Listing removed--
        Source: PrimeMLS #4971734 Report a problem
        9/27/2023Listing removed$560,000$112/sqft
        Source: PrimeMLS #4971734 Report a problem
        9/27/2023Listed for sale$560,000+133.3%$112/sqft
        Source: PrimeMLS #4971734 Report a problem
        3/31/2022Sold$240,000+23.1%$48/sqft
        Source: Public Record Report a problem
        4/7/2021Listing removed--
        Source: PrimeMLS #4838661 Report a problem
        3/1/2021Listing removed--
        Source: Owner Report a problem
        6/3/2019Listing removed$844
        Source: Owner Report a problem
        5/4/2019Price change$844+0.4%
        Source: Owner Report a problem
        2/16/2019Listed for rent$841
        Source: Owner Report a problem
        9/6/2017Sold$195,000$39/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024-- $171,000
        2023-- $171,000
        2022-- $171,000
        2021-- $171,000
        2020-- $171,000
        2019-- $171,000
        2018-- $171,000
        2017-- $171,000
        2016-- $171,000 +9900%
        2015-- $1,710
        2014-- $1,710
        2013-- $1,710
        2012-- $1,710
        2011-- $1,710
        2010-- $1,710
        2009-- $1,710
        2008-- $1,710
        2007-- $1,710

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $4,017/mo
        Principal & interest
        $3089
        Property taxes
        $928
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          Climate risks

          Neighborhood: Rutland City

          Getting around

          79 / 100
          Very Walkable
          52 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Rutland Town School
          • Middle: Rutland Middle School
          • High: Rutland Senior High School
          • District: Rutland City 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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