Excellent Investment Opportunity – 5-Unit Multifamily in the Heart of Plainfield, VT If you're looking for a promising investment property in Central Vermont, this five-unit multifamily in downtown Plainfield is a standout opportunity; currently four out of five units are rented with a 15% CAP rate based on a five unit pro-forma and expenses as reported by the Seller.. With a strong unit mix—two 1-bedroom, two 2-bedroom, and one 4-bedroom apartments—this property offers broad rental appeal and strong income potential. Perfectly positioned just a stone's throw from local restaurants and the popular Rail Trail, tenants will enjoy the convenience of in-town living in a charming village setting. And with Montpelier just a 15-minute drive away, this location is ideal for commuters seeking a peaceful home base with quick access to the capital city. Whether you're expanding your portfolio or getting started in multifamily ownership, this well-located property offers space, versatility, and long-term upside. Don’t miss out—schedule your private showing today!
Active
Listed by:
Steven Foster,
KW Vermont-Stowe Cell:646-841-4747,
Michael Brancoforte,
KW Vermont-Stowe
Price cut: $15K (8/13)
$305,000
39 Main Street, Plainfield, VT 05667
10beds
2,888sqft
Est.:
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$106/sqft
$-- HOA
What's special
- 86 days
- on Zillow |
- 298 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: August 13, 2025 at 10:36am
Listed by:
Steven Foster,
KW Vermont-Stowe Cell:646-841-4747,
Michael Brancoforte,
KW Vermont-Stowe
Source: PrimeMLS,MLS#: 5042421

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Propane, Direct Vent
Cooling
- None
Features
- Basement: Finished,Full,Walkout,Walk-Out Access
Interior area
- Total structure area: 2,992
- Total interior livable area: 2,888 sqft
- Finished area above ground: 1,900
- Finished area below ground: 988
Property
Parking
- Parking features: None
Features
- Levels: 2.5
- Waterfront features: River Front
- Frontage length: Road frontage: 49
Lot
- Size: 3,485 Square Feet
- Features: City Lot, Sidewalks
Details
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding, Wood Siding
- Foundation: Stone
- Roof: Metal,Slate
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Propane, Phone Available
Community & HOA
Location
- Region: Plainfield
Financial & listing details
- Price per square foot: $106/sqft
- Annual tax amount: $5,054
- Date on market: 5/22/2025
- Road surface type: Paved
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