Unlock the potential of this prime 0.73-acre parcel in the heart of Rutland City—a ready-to-go investment project ideal for developers or portfolio builders. Current engineering plans support either of the following configurations: Two 2-story buildings with a total of 9 spacious residential units, OR Up to 20 efficiency apartments—perfect for maximizing rental income and meeting local housing demand. Ample on-site parking included, and the lot is well-positioned with easy access and infrastructure planning underway. Located just minutes from shopping, restaurants, and public transit, this property offers a highly desirable location for tenants and investors alike. Whether you're looking to develop workforce housing, student rentals, or a small apartment complex, this flexible project allows you to take the reins and bring your vision to life.
Active
Listed by: Welcome Home Real Estate
$200,000
74 Traverse Place, Rutland City, VT 05701
--beds
--baths
0.73Acres
Unimproved Land
Built in ----
0.73 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Easy access
- 214 days |
- 32 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: September 05, 2025 at 05:02am
Listed by:
Mark Noble,
Welcome Home Real Estate 802-446-4616
Source: PrimeMLS,MLS#: 5059844
Facts & features
Property
Features
- Frontage length: Road frontage: 99
Lot
- Size: 0.73 Acres
- Features: Near Golf Course, Neighborhood, City Lot, Condo Development, Level, Rental Complex
Details
- Parcel number: 54017014098
- Zoning description: mixed residential
Utilities & green energy
- Electric: At Street
- Sewer: Public Sewer at Street
- Utilities for property: Cable Available, Phone Available
Community & HOA
Location
- Region: Rutland
Financial & listing details
- Tax assessed value: $30,100
- Annual tax amount: $1,039
- Date on market: 9/5/2025
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,300/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2025 | Listed for sale | $200,000+344.4% |
Source:  PrimeMLS #5059844 Report a problem | ||
| 12/14/2020 | Sold | $45,000 |
Source: PrimeMLS #4810925 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $30,100 |
| 2023 | -- | $30,100 |
| 2022 | -- | $30,100 |
| 2021 | -- | $30,100 |
| 2020 | -- | $30,100 |
| 2019 | -- | $30,100 |
| 2018 | -- | $30,100 |
| 2017 | -- | $30,100 |
| 2016 | -- | $30,100 +9900% |
| 2015 | -- | $301 |
| 2014 | -- | $301 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Rutland City
Nearby schools
GreatSchools rating
- NARutland Northwest SchoolGrades: PK-2Distance: 0.5 mi
- 3/10Rutland Middle SchoolGrades: 7-8Distance: 0.6 mi
- 8/10Rutland Senior High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Rutland Northeast Primary Sch
- 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.
Local experts in 05701
- Vermont
- Rutland County
- Rutland
- 05701
- Rutland City
- 74 Traverse Place
Nearby cities
Nearby neighborhoods
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