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  • Listed by: 

    Evan Russell,

    Real Broker LLC 855-450-0442

    Bought with: Vermont Real Estate Company
    $482,000

    18 Madison Street, Rutland City, VT 05702-0968

    --beds
    --baths
    2,544sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $491,100 Zestimate®
    $189/sqft
    $1,989 Estimated rent

    Home value

    $491,100

    $304,000 - $800,000

    $1,989/mo

    Zestimate® history
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    $3,321/mo

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    What's special

    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

    Zillow last checked: 8 hours ago

    Listing updated: July 22, 2025 at 04:48pm

    Listed by:

    Evan Russell,

    Real Broker LLC 855-450-0442

    Bought with:

    Tucker Adirondack Lange

    Vermont Real Estate Company

    Source: PrimeMLS,MLS#: 5044012MLS Logo

    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

    Price history

    DateEventPrice
    7/22/2025Sold$482,000-2.6%$189/sqft
    Source: PrimeMLS #5044012
    6/1/2025Listed for sale$495,000+518.8%$195/sqft
    Source: PrimeMLS #5044012
    6/21/2023Sold$80,000-21.6%$31/sqft
    Source: PrimeMLS #4945437
    6/14/2023Contingent$102,000$40/sqft
    Source: PrimeMLS #4945437
    3/13/2023Listed for sale$102,000+81.8%$40/sqft
    Source: PrimeMLS #4945437

    Public tax history

    YearProperty taxesTax assessment
    2024-- $141,500
    2023-- $141,500
    2022-- $141,500

    Find assessor info on the county website

    Neighborhood: Rutland City

    Nearby schools

    GreatSchools rating
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