18 Madison St

Rutland, VT 05701

$482,000
Last Sold Price
—
Beds
—
Baths
2,544 Sq. Ft.
$189 / Sq. Ft.
2,544
Sq. Ft.
$189
per Sq. Ft.
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Closed 7/22/25
Closed 7/22/25

Description

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...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
  1. Listed by Evan Russell • Real Broker LLC

Sold By Vermont Real Estate Company

Property Details for 18 Madison Street

Zoning
Residential
LISTING CLOSED: 07/22/2025 12:00 AM

Property Details for 18 Madison Street

StatusClosed
MLS #5044012
Days on Market9
Taxes$5,482 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1890
Lot Size0.19 AC / 8,276 SF
CountyRutland County
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Location

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Building Information for 18 Madison Street

Stories3Residences2Year Built1890Building Size-Lot Size0.19 AC / 8,276 SF

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$2,907 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,450

Property Taxes

$457

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 18 Madison Street

Summary
Location and General Information
  • City: Rutland City
  • County: VT-Rutland
  • Latitude: 43.603381499070473
  • Longitude: -72.973248233135223
  • Road Frontage: No
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05702-0968
Taxes and HOA Information
  • SPAN Number: 540-170-14609
  • Tax Year: 2024
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 1.00
  • Driveway: Crushed Stone
Property
Lot Information
  • Lot Features: Interior Lot, Level, In Town, Near Paths, Near Shopping, Near Skiing
  • Lot Size Acres: 0.19
  • Total Finished Area: 2544.0
  • Above Grade Finished Area: 2544.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area: 0.0
  • Below Grade Finished Area: 0.0
  • Below Grade Unfinished Area: 1272.0
  • BelowGradeUnfinishedAreaSource: Public Records
  • Lot Size Square Feet: 8276.0
  • Total Area: 3816.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Easements: No
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: No
  • Year Built: 1890
Utilities
  • Electric: 200+ Amp Service
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable
  • Internet: High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Color: Yellow
  • Construction Materials: Aluminum Siding
  • Roof: Asphalt Shingle
Interior Features
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Other, Unfinished
  • Heating: Propane, Baseboard, Hot Water, Multi Zone
  • Cooling: None
  • Total Stories: 3
Multi Family
Multi-Family Information
  • Total Units: 2
  • Total 1 BR Units: 1
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 1

Property History for 18 Madison Street

DateEvent & SourcePriceAppreciation
Jul 22, 2025

Sold (Public Record)

Public Record #1905920804

$482,000

+136.5% / yr

Jul 22, 2025

Sold

New England Real Estate Network #5044012

$482,000—
Jul 22, 2025

Pending

New England Real Estate Network #5044012

—
DateEvent & SourcePrice
07/22/2025

Sold (Public Record)

Public Record #1905920804

$482,000

+136.5% / yr

07/22/2025

Sold

New England Real Estate Network #5044012

$482,000
07/22/2025

Pending

New England Real Estate Network #5044012

—

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

Public Records for 18 Madison Street

Taxable ValueLand$35,700Additions$105,800Total$141,500
Home Facts
Beds0Lot Size8,276 SqFtStyleSingle Family ResidenceCountyRUTLANDAPN(170) 14609

Schools near 18 Madison Street

This home is within Rutland City School District.
Rating
School
Type
Grades
Distance
Rutland Intermediate School
Public - 3 to 6
Rutland Middle School
Public - 7 to 8
Rutland Senior High School
Public - 9 to 12
Rutland Northwest School
Public - PK to 2
Rating
School
Distance
Rutland Intermediate School
Public3 to 6

Rutland Middle School
Public7 to 8

Rutland Senior High School
Public9 to 12

Rutland Northwest School
PublicPK to 2

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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
16 Madison Street, Rutland, VT 05701
–
–
–
–
8,276
20 Madison Street, Rutland, VT 05701
$169,000
5
3,188
10,018
14 Madison Street, Rutland, VT 05701
$285,000
3
1,774
7,840
22 Madison Street, Rutland, VT 05701
–
–
–
–
9,583
17 Madison Street, Rutland, VT 05701
$340,000
6
4,496
10,018

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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 07/31/2026 05:54 PM