Investors and multi-generational buyers take notice: This fully renovated, income-producing duplex in a desirable Rutland neighborhood offers the perfect blend of comfort, versatility, and strong financial returns. Just a short distance from top ski resorts and year-round outdoor attractions. The home is configured as two separate units: Main Unit: 4 Bed | 2.5 Bath – Currently a high-performing Airbnb with consistent 5-star reviews and a solid booking history throughout the recent peak season. Ideal for continued short-term rental income. Secondary Unit: 1 Bed | 1 Bath – Formerly owner-occupied, this self-contained space offers strong rental potential or serves perfectly as a guest suite or in-law apartment.The entire property was taken down to the studs and rebuilt with all-new electrical, plumbing, and HVAC systems, along with modern finishes for long-term durability and ease of maintenance. Don’t miss this rare investment opportunity in Rutland, Vermont. Open House June 7th 10-12 June 8th 10-12
Closed
Listed by:
Evan Russell,
Real Broker LLC 802-613-0729
$482,000
18 Madison Street, Rutland City, VT 05702-0968
--beds
--baths
2,544sqft
Multi Family
Built in 1890
-- sqft lot
$482,300 Zestimate®
$189/sqft
$2,554 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 04:48pm
Listed by:
Evan Russell,
Real Broker LLC 802-613-0729
Bought with:
Tucker Adirondack Lange
Vermont Real Estate Company
Source: PrimeMLS,MLS#: 5044012

Facts & features
Interior
Heating
- Propane, Baseboard, Hot Water, Zoned
Cooling
- None
Features
- Basement: Concrete Floor,Other,Unfinished,Walk-Out Access
Interior area
- Total structure area: 3,816
- Total interior livable area: 2,544 sqft
- Finished area above ground: 2,544
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Crushed Stone
- Garage spaces: 1
Features
- Levels: 3
Lot
- Size: 8,276 sqft
- Features: Interior Lot, Level, In Town, Near Paths, Near Shopping, Near Skiing
Details
- Parcel number: 54017014609
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Fieldstone, Stone w/ Skim Coating
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable
Community & neighborhood
Location
- Region: Rutland
Services availability

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