16 Campbell Road

Closed 4/1/19

Last Sold Price

$1,568,650

32 baths34,120 sqft$46/sqft

16 Campbell Rd, Rutland, VT 05701

Description

Highland Meadows residential rental complex comprises two 16 unit buildings set on a hillside meadow overlooking Rutland City and the Green Mountains to the east. Well constructed and maintained with all municipal services. There are 30 two bedroom units and 2 one bedroom units. Permits include: Act 250 Permit #1RO535 dated June 12, 1985; VT Subdivision Permit EC-1-1473 dated May 3, 1994; VT Water/Wastewater Permit #WW-0013 dated June 22 ,1989 as amended; Public Water System Permit to Construct,...Highland Meadows residential rental complex comprises two 16 unit buildings set on a hillside meadow overlooking Rutland City and the Green Mountains to the east. Well constructed and maintained with all municipal services. There are 30 two bedroom units and 2 one bedroom units. Permits include: Act 250 Permit #1RO535 dated June 12, 1985; VT Subdivision Permit EC-1-1473 dated May 3, 1994; VT Water/Wastewater Permit #WW-0013 dated June 22 ,1989 as amended; Public Water System Permit to Construct, Project #E-1266, Pin #RU97-0291, WSID #20824 dated January 9, 2002. The income is Pro Forma as the property is being transitioned from student housing to residential rentals. See also ML#4729290 Commercial Sale.

LISTING CLOSED: 04/01/2019 12:00 AM

Listed by Jim Watson • Coldwell Banker Watson Realty/Rutland

Sold By Coldwell Banker Watson Realty/Rutland

Property Details for 16 Campbell Road

Status

Closed

MLS #

4729292

Days on Market

118

Taxes

$65,950 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi Family

Year Built

1988

Lot Size

2.47 AC / 107,593 SF

County

Rutland County

Parking

On-Site, Parking Spaces 21+, Paved, Unassigned

Zoning

MR-2

Recent comparable sales

Median sold price

$205,000

Avg days on market

Sale-to-list ratio

96.4%

1/2

$1,487,000

Sold 08/01/25

Unavailable
Bedrooms: 23
Bathrooms: 2,000
Square Feet: 0.16
Acres

31 Hazel Street, Rutland, VT 05701

1/2

$1,140,000

Sold 06/17/25

Unavailable
Bedrooms: 20
Bathrooms: 2,000
Square Feet: 0.15
Acres

120 State Street, Rutland, VT 05701

1/2

$205,000

Sold 06/13/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 2,000
Square Feet: 0.22
Acres

148 Granger Street, Rutland, VT 05701

1/2

$184,000

Sold 07/18/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 3,206
Square Feet: 0.12
Acres

12 Meadow Street, Rutland, VT 05701

1/18

$200,000

Sold 10/04/24

Unavailable
Bedrooms: Unavailable
Bathrooms: 1,813
Square Feet: 0.16
Acres

128 Granger Street, Rutland, VT 05701

1/21

$245,000

Sold 10/27/25

Unavailable
Bedrooms: 2
Bathrooms: 1,760
Square Feet: 0.21
Acres

87 Granger Street, Rutland, VT 05701

1/18

$162,000

Sold 04/02/26

Unavailable
Bedrooms: Unavailable
Bathrooms: 2,416
Square Feet: 0.14
Acres

125 Robbins Street, Rutland, VT 05701

1/2

$480,000

Sold 05/19/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 5,000
Square Feet: 0.26
Acres

14 Cottage Street, Rutland, VT 05701

1/8

$65,000

Sold 04/24/25

Unavailable
Bedrooms: 2
Bathrooms: 1,430
Square Feet: 0.18
Acres

9 Clover Street, Rutland, VT 05701

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Location

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Building Information for 16 Campbell Road

Stories2Residences32Year Built1988Building Size-Lot Size2.47 AC / 107,593 SF

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$13,469 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,973

Property Taxes

$5,496

HOA Dues

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Property Information for 16 Campbell Road

Summary

Location and General Information

City: Rutland City
County: VT-Rutland

Directions: River St. west to end then left on Dorr Drive then right on Campbell Road. On the right at the top of the hill.
Latitude: 43.594033202491083
Longitude: -72.998220437820464
Road Frontage: No
Seasonal: No
State: VT
Street Designation: Road
Zip: 05701

Taxes and HOA Information

Tax Expenses: $65,950.00
SPAN Number: 540-170-14087

Tax - Gross Amount: $65,950.00
Tax Year: 2018
Taxes TBD: No

Parking

Garage: No
Driveway: Paved, Right-Of-Way (ROW)

Property

Lot Information

Lot - Sqft: 107593.0
Lot Size Acres: 2.47

Square Feet Apx Finished Above Grade: 34120.0
Square Feet Apx Finished AG Source: Public Records
Square Feet Apx Finished Below Grade: 0.0
Square Feet Apx Total: 34120.0
Square Feet Apx Total Finished: 34120.0
Square Feet Apx Unfinished Above Grade: 0.0
Square Feet Apx Unfinished Below Grade: 0.0

Property and Assessments

Property Class: Multi-Family
Flood Zone: No

Foundation: Poured Concrete
PreConstruction: No
ROW - Length: 300
ROW - Parcel Access: Yes
ROW - Width: 50.04
Surveyed: Yes
Year Built: 1988

Utilities

Electric: Circuit Breaker(s)
Sewer: Public

Total Electric Meters: 32

Interior and Exterior Features

Exterior Features

Roads: Paved, Public
Roof: Shingle - Asphalt

Interior Features

Basement: No
Total Full Baths: 32

Heat Fuel: Oil
Heating: Baseboard, Hot Water
Cooling: None
Total Stories: 2

Multi Family

Income & Expenses Information

Gross Income: $378,000.00
Expenses - Insurance: $8,000.00

Expenses - Heat: $27,000
Expense - Utility: $5,000
Expenses - Maintenance: $20,000
Expenses - Snow: $7,000
Expenses - Trash: $6,000.00
Expenses - Water: $11,250.00
Operating Expense Incl: Heat
Operating Expense: $153,200

Multi-Family Information

Total Units: 32
Total 1 BR Units: 2

Total 2 BR Units: 30
Total 3+ BR Units: 0

Property History for 16 Campbell Road

Date	Event & Source	Price	Appreciation
Apr 1, 2019	Sold (Public Record) Public Record #642040830	$1,568,650	-18.3% / yr
Apr 1, 2019	Sold New England Real Estate Network #4729292	$1,568,650	—
Mar 29, 2019	Pending New England Real Estate Network #4729292		—
Dec 1, 2018	Listed (Active) New England Real Estate Network #4729292	$2,400,000	—
May 11, 2017	Sold (Public Record) Public Record #596238175	$2,300,000	—
Jan 1, 2017	Expired New England Real Estate Network #4500994		—
Jun 29, 2016	Listed (Active) New England Real Estate Network #4500994	$899,000	—
Jun 15, 2013	Listed (Active) New England Real Estate Network #4246877	$1,315,000	—
Oct 1, 2012	Listed (Active) New England Real Estate Network #4189437	$1,795,000	—
Jun 21, 2011	Listed (Active) New England Real Estate Network #4073135	$2,175,000	—
Nov 19, 2008	Listed (Active) New England Real Estate Network #3062383	$2,950,000	—

Date	Event & Source	Price
04/01/2019	Sold (Public Record) Public Record #642040830	$1,568,650 -18.3% / yr
04/01/2019	Sold New England Real Estate Network #4729292	$1,568,650
03/29/2019	Pending New England Real Estate Network #4729292	—
12/01/2018	Listed (Active) New England Real Estate Network #4729292	$2,400,000
05/11/2017	Sold (Public Record) Public Record #596238175	$2,300,000
01/01/2017	Expired New England Real Estate Network #4500994	—
06/29/2016	Listed (Active) New England Real Estate Network #4500994	$899,000
06/15/2013	Listed (Active) New England Real Estate Network #4246877	$1,315,000
10/01/2012	Listed (Active) New England Real Estate Network #4189437	$1,795,000
06/21/2011	Listed (Active) New England Real Estate Network #4073135	$2,175,000
11/19/2008	Listed (Active) New England Real Estate Network #3062383	$2,950,000

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

Public Records for 16 Campbell Road

Taxable ValueLand$80,800Additions$3,059,200Total$3,140,000

Tax Record2025$60,517 ($5,043 / month)

Home Facts

Lot Size107,593 SqFtStyleMulti-Family Res (5+ Units)CountyRUTLANDAPN(170) 14087

Schools near 16 Campbell Road

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	1.6 mi
3/10	Rutland Middle School	Public - Serves this home	7 to 8	1.5 mi
8/10	Rutland Senior High School	Public - Serves this home	9 to 12	2.7 mi
NR	Rutland Northwest School	Public - Choice school	PK to 2	1.3 mi
NR	Rutland Northeast Primary School	Public - Choice school	PK to 2	2.4 mi
NR	Stafford Technical Center	Public - Choice school	9 to 12	2.7 mi
NR	Mount St Joseph Academy	Private - Nearby school	9 to 12	0.8 mi
NR	Sheldon Academy Of Vermont Achievement Center	Private - Nearby school	3 to 12	1.0 mi
NR	Christ The King School	Private - Nearby school	PK to 8	1.5 mi


Rating	School	Distance
4/10	Rutland Intermediate School Public3 to 6 Serves this home	1.6 mi
3/10	Rutland Middle School Public7 to 8 Serves this home	1.5 mi
8/10	Rutland Senior High School Public9 to 12 Serves this home	2.7 mi
NR	Rutland Northwest School PublicPK to 2 Choice school	1.3 mi
NR	Rutland Northeast Primary School PublicPK to 2 Choice school	2.4 mi
NR	Stafford Technical Center Public9 to 12 Choice school	2.7 mi
NR	Mount St Joseph Academy Private9 to 12 Nearby school	0.8 mi
NR	Sheldon Academy Of Vermont Achievement Center Private3 to 12 Nearby school	1.0 mi
NR	Christ The King School PrivatePK to 8 Nearby school	1.5 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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 16 Campbell Road, Rutland, VT 05701	$1,568,650	–	32	34,120	107,593
886 Campbell Road, Rutland Town, VT 05701	$105,000	3	1	1,040	27,442
50 Stoneridge Drive, Rutland, VT 05701	$465,000	4	3	2,170	13,939
46 Stoneridge Drive, Rutland, VT 05701	$318,000	2	2	2,000	14,374
20-20a Campbell Road, Rutland, VT 05736	$89,000	–	3	1,920	–
30 Campbell Road, Rutland, VT 05701	$179,000	4	2	2,500	80,150
956 Campbell Road, Rutland, VT 05701	–	3	2.5	2,874	43,124
798 Campbell Road, Rutland Town, VT 05701	$365,000	3	3	2,039	45,738
51 Stoneridge Drive, Rutland, VT 05701	$285,000	4	2	2,296	25,264
55 Stoneridge Drive, Rutland, VT 05701	$101,000	3	1	1,000	13,068
858 Campbell Road, Rutland, VT 05701	–	3	2	2,579	172,062
205 Dorr Drive, Rutland, VT 05701	$87,000	3	1	1,091	22,651
774 Campbell Road, Rutland, VT 05701	–	–	–	–	51,401
32 Campbell Road, Rutland, VT 05701	$269,000	3	2	1,664	79,279
175 Dorr Drive, Rutland, VT 05701	$35,000	–	–	–	38,333
165 Dorr Drive, Rutland, VT 05701	–	–	–	–	26,136

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Listing Courtesy of Coldwell Banker Watson Realty/Rutland

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 08/24/2026 11:27 AM

Rutland, VT

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