15 Kingsley Ct
Rutland, VT 05701

$599,000

Price

Beds

Baths

5,015 Sq. Ft.

$119 / Sq. Ft.

5,015

Sq. Ft.

$119

per Sq. Ft.

New

15 Kingsley Court Rutland, VT 05701 - Photo 1 of 10

Description

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...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.

Listed by Betsy Adamovich • Real Broker LLC

Property Details for 15 Kingsley Court

Zoning

Residential

LISTING UPDATED: 02/03/2026 06:44 PM

Property Details for 15 Kingsley Court

Status	Active
MLS #	5075583
Days on Market	Listed Today
Taxes	$6,978 / year
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Multi Family
MLS Type	Multi Family
Year Built	1968
Lot Size	0.17 AC / 7,405 SF
County	Rutland County

Location

Listing Courtesy of Real Broker LLC

Add your commute

Building Information for 15 Kingsley Court

Stories3Residences6Year Built1968Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$3,501 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,919

Property Taxes

$582

HOA Dues

The Payment Calculator is for illustrative purposes only.

Property Information for 15 Kingsley Court

Summary

Location and General Information

City: Rutland City
County: VT-Rutland

Latitude: 43.612961767847665
Longitude: -72.984577000000016
Road Frontage: TBD
Seasonal: No
State: VT
Street Designation: Court
Zip Code: 05701

Taxes and HOA Information

SPAN Number: 540-170-12974
Tax Year: 2025

Taxes TBD: No

Parking

Garage: No
Driveway: Paved

Property

Lot Information

Lot Features: City Lot
Lot Size Acres: 0.17

Property and Assessments

Property Class: Multi-Family
Construction Status: Existing

Flood Zone: No
PreConstruction: No
Surveyed: Unknown
Year Built: 1968

Utilities

Electric: Circuit Breaker(s)
Sewer: Public

Water Source: Public
Utilities: Telephone Available
Internet: High Speed Intrnt Avail

Interior and Exterior Features

Exterior Features

Construction Materials: Wood Frame, Brick Exterior, Vinyl Siding
Roof: Asphalt Shingle

Total Ranges: 6

Interior Features

Appliances: Electric Water Heater
Basement: No

Basement Description: None
Flooring: Vinyl
Heating: Kerosene, Forced Air
Cooling: None
Total Refrigerators: 6
Total Stories: 3
Total Water Heaters: 6

Multi Family

Income & Expenses Information

Gross Income: $92,100.00
Net Income: $74,896.00

Operating Expense Incl: Heat, Insurance, Utilities, Water/Sewer
Operating Expense: $17,204

Multi-Family Information

Total Units: 6
Total 1 BR Units: 0

Total 2 BR Units: 6
Total 3+ BR Units: 0
Total Heat Units: 6

Unit Information

Unit 1

Unit 1 Baths: 1
Unit 1 Bedrooms: 2

Unit 1 Lease Term: Annual
Unit 1 Rental Amt Freq: Monthly
Unit 1 Status: Leased
Unit 1 Rooms: 4
Unit 1 Rental Amount: $1,250.00

Unit 2

Unit 2 Lease Term: Annual
Unit 2 Baths: 1

Unit 2 Rooms: 4
Unit 2 Status: Leased
Unit 2 Rental Amt Freq: Monthly
Unit 2 Bedrooms: 2
Unit 2 Rental Amount: $1,250.00

Unit 3

Unit 3 Lease Term: Annual
Unit 3 Baths: 1

Unit 3 Rooms: 4
Unit 3 Rental Amt Freq: Monthly
Unit 3 Status: Leased
Unit 3 Bedrooms: 2
Unit 3 Rental Amount: $1,500.00

Unit 4

Unit 4 Lease Term: Annual
Unit 4 Rental Amt Freq: Monthly

Unit 4 Rooms: 4
Unit 4 Baths: 1
Unit 4 Bedrooms: 2
Unit 4 Status: Leased
Unit 4 Rental Amount: $1,250.00

Unit 5

Unit 5 Rental Agreement: Yes
Unit 5 Rental Amt Freq: Monthly

Unit 5 Status: Leased
Unit 5 Baths: 1
Unit 5 Bedrooms: 2
Unit 5 Rooms: 4
Unit 5 Lease Term: Annual
Unit 5 Rental Amount: $1,200.00

Unit 6

Unit 6 Rental Agreement: Yes
Unit 6 Lease Term: Annual

Unit 6 Baths: 1
Unit 6 Bedrooms: 2
Unit 6 Rooms: 4
Unit 6 Rental Amt Freq: Monthly
Unit 6 Status: Leased
Unit 6 Rental Amount: $1,225.00

Property History for 15 Kingsley Court

Date	Event & Source	Price	Appreciation
Feb 3, 2026	Listed (Active) New England Real Estate Network #5075583	$599,000	—
May 6, 2024	Expired New England Real Estate Network #4987682		—
Mar 12, 2024	Listed (Active) New England Real Estate Network #4987682	$560,000	—
Dec 30, 2023	Expired New England Real Estate Network #4971734		—
Sep 26, 2023	Listed (Active) New England Real Estate Network #4971734	$560,000	—

Date	Event & Source	Price
02/03/2026	Listed (Active) New England Real Estate Network #5075583	$599,000
05/06/2024	Expired New England Real Estate Network #4987682	—
03/12/2024	Listed (Active) New England Real Estate Network #4987682	$560,000
12/30/2023	Expired New England Real Estate Network #4971734	—
09/26/2023	Listed (Active) New England Real Estate Network #4971734	$560,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15 Kingsley Court

Taxable ValueLand$61,000Additions$110,000Total$171,000

Home Facts

Lot Size7,405 SqFtStyleMulti-Family Res (5+ Units)CountyRUTLANDAPN(170) 12974

Schools near 15 Kingsley Court

This home is within Rutland City School District.


Rating	School	Type	Grades	Distance
4/10	Rutland Intermediate School	Public - Serves this home	3 to 6	0.2 mi
3/10	Rutland Middle School	Public - Serves this home	7 to 8	0.2 mi
8/10	Rutland Senior High School	Public - Serves this home	9 to 12	1.5 mi
NR	Rutland Northwest School	Public - Choice school	PK to 2	0.3 mi
NR	Rutland Northeast Primary School	Public - Choice school	PK to 2	1.2 mi
NR	Stafford Technical Center	Public - Choice school	9 to 12	1.5 mi
NR	Rutland Area Christian School	Private - Nearby school	PK to 11	0.5 mi
NR	Easter Seals Of Vermont	Private - Nearby school	10 to 11	0.5 mi
NR	Mount St Joseph Academy	Private - Nearby school	9 to 12	0.7 mi


Rating	School	Distance
4/10	Rutland Intermediate School Public3 to 6 Serves this home	0.2 mi
3/10	Rutland Middle School Public7 to 8 Serves this home	0.2 mi
8/10	Rutland Senior High School Public9 to 12 Serves this home	1.5 mi
NR	Rutland Northwest School PublicPK to 2 Choice school	0.3 mi
NR	Rutland Northeast Primary School PublicPK to 2 Choice school	1.2 mi
NR	Stafford Technical Center Public9 to 12 Choice school	1.5 mi
NR	Rutland Area Christian School PrivatePK to 11 Nearby school	0.5 mi
NR	Easter Seals Of Vermont Private10 to 11 Nearby school	0.5 mi
NR	Mount St Joseph Academy Private9 to 12 Nearby school	0.7 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 15 Kingsley Court, Rutland, VT 05701

15 Kingsley Court is a multi-family home for sale in Rutland, VT 05701. This listing's school district is Rutland City School District. Nearby schools include Rutland Intermediate School, Rutland Middle School and Rutland Senior High School. 15 Kingsley Court is a 12-bed, 6-bath, 5,015 sqft multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker LLC

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 02/03/2026 07:06 PM

15 Kingsley CtRutland, VT 05701

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More information about 15 Kingsley Court, Rutland, VT 05701

15 Kingsley Ct
Rutland, VT 05701