Sold
Last Sold Price
3,136 sqft$96/sqft
23 Mansfield Pl, Rutland, VT 05701
Multi FamilyProperty Type
10,454 sq ftLot Size
1988Year Built
$96/sq ftPrice per sq ft

Description

Great opportunity to purchase 6-unit multi-family apartment building in Rutland City at over a 10% Cap Rate! Five 2 Bedroom units and one 1 Bedroom unit. Shares a parking lot with another 2-unit multi-family property with same owner at 24 Terrill Street. Buy all 8 units for $460,000!Great opportunity to purchase 6-unit multi-family apartment building in Rutland City at over a 10% Cap Rate! Five 2 Bedroom units and one 1 Bedroom unit. Shares a parking lot with another 2-unit multi-family property with same owner at 24 Terrill Street. Buy all 8 units for $460,000!

    Sold By TPW Real Estate

    • Listed by: Andy Paluch • TPW Real Estate
    Listing closed: 12/30/2021 12:00 AM • Source: New England Real Estate Network, MLS#: 4847348

    Recent comparable sales

    Median sold price

    $274,000

    Avg days on market

    12

    Sale-to-list ratio

    95.7%

    Rutland, VT

    9 comparable properties found

    $330,000 | 116 North Main Street, Rutland, VT 05701
    1/24
    1

    $330,000

    Sold 01/22/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    3,243
    Square Feet
    0.25
    Acres
    $350,000 | 12 Geno Avenue, Rutland, VT 05701
    1/3
    2

    $350,000

    Sold 07/18/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    3,176
    Square Feet
    0.38
    Acres
    $204,000 | 13 Hopkins Street, Rutland, VT 05701
    1/2
    3

    $204,000

    Sold 06/13/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    2,750
    Square Feet
    0.21
    Acres
    $184,000 | 12 Meadow Street, Rutland, VT 05701
    1/2
    4

    $184,000

    Sold 07/18/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    3,206
    Square Feet
    0.12
    Acres
    $175,000 | 2 Nickwackett Street, Rutland, VT 05701
    1/2
    5

    $175,000

    Sold 01/14/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    2,934
    Square Feet
    0.18
    Acres
    $330,000 | 29 Grant Avenue, Rutland, VT 05701
    1/2
    6

    $330,000

    Sold 05/19/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    4,000
    Square Feet
    0.24
    Acres
    $274,000 | 9 Hopkins Street, Rutland, VT 05701
    1/2
    7

    $274,000

    Sold 06/13/25

    Unavailable
    Bedrooms
    4,000
    Square Feet
    0.12
    Acres
    $125,000 | 54 Church Street, Rutland, VT 05701
    1/9
    8

    $125,000

    Sold 10/03/25

    Unavailable
    Bedrooms
    3,108
    Square Feet
    0.13
    Acres
    $630,000 | 85 North Main Street, Rutland, VT 05701
    1/2
    9

    $630,000

    Sold 11/05/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    3,584
    Square Feet
    0.41
    Acres

    Location

    Add your commute

    Payment Calculator

    $2,141 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $1,550

    Property Taxes

    $591

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

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    Property Information for 23 Mansfield Place

    Property Details
    • Taxes: $7,086 / year
    • MLS Type: Multi Family
    • Zoning: MSP
    Building Information
    • Stories: 2
    • Residences: 6
    • Year Built: 1988
    • Lot Size: 0.24 AC / 10,454 SF
    Summary
    Location and General Information
    • City: Rutland City
    • County: VT-Rutland
    • Directions: Turn onto Mansfield Place from Main Street/ Route 7. Property is at the end of dead end street on the left.
    • Latitude: 43.608759926448471
    • Longitude: -72.969861999999992
    • Road Frontage: TBD
    • Seasonal: No
    • State: VT
    • Street Designation: Place
    • Zip: 05701
    Taxes and HOA Information
    • SPAN Number: 54017014227
    • Tax - Gross Amount: $7,086.00
    • Tax Year: 2021
    • Tax Year Notes: 20-21
    • Taxes TBD: No
    Parking
    • Garage: No
    • Driveway: Paved
    Property
    Lot Information
    • Lot - Sqft: 10454.0
    • Lot Size Acres: 0.24
    • Square Feet Apx Finished Above Grade: 3136.0
    • Square Feet Apx Finished AG Source: Public Records
    • Square Feet Apx Finished Below Grade: 0.0
    • Square Feet Apx Finished BG Source: Public Records
    • Square Feet Apx Total: 4704.0
    • Square Feet Apx Total Finished: 3136.0
    • Square Feet Apx Unfinished Above Grade: 0.0
    • Square Feet Apx Unfinished AG Source: Public Records
    • Square Feet Apx Unfinished Below Grade: 1568.0
    • Square Feet Apx Unfinished BG Source: Public Records
    Property and Assessments
    • Property Class: Multi-Family
    • Flood Zone: No
    • Foundation: Concrete
    • PreConstruction: No
    • Surveyed: Unknown
    • Year Built: 1988
    Utilities
    • Electric: Circuit Breaker(s)
    • Sewer: Public
    • Utilities: Cable
    Interior and Exterior Features
    Exterior Features
    • Roads: Paved, Public
    • Roof: Shingle - Asphalt
    Interior Features
    • Basement: Yes
    • Basement Access Type: Interior
    • Basement Description: Concrete
    • Heat Fuel: Oil
    • Heating: Baseboard
    • Cooling: None
    • Total Stories: 2
    Multi Family
    Income & Expenses Information
    • Gross Income: $58,800.00
    • Net Income: $38,453.00
    Multi-Family Information
    • Total Units: 6
    • Total 1 BR Units: 1
    • Total 2 BR Units: 5
    • Total 3+ BR Units: 0

    Property History for 23 Mansfield Place

    DateEvent & SourcePriceAppreciation
    Dec 30, 2021

    Sold

    New England Real Estate Network #4847348

    $300,000
    Dec 30, 2021

    Pending

    New England Real Estate Network #4847348

    Oct 30, 2021

    Active Under Contract

    New England Real Estate Network #4847348

    DateEvent & SourcePrice
    12/30/2021

    Sold

    New England Real Estate Network #4847348

    $300,000
    12/30/2021

    Pending

    New England Real Estate Network #4847348

    10/30/2021

    Active Under Contract

    New England Real Estate Network #4847348

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

    Public Records for 23 Mansfield Place

    Taxable ValueLand$61,400Additions$143,100Total$204,500
    Tax Record2025$3,941 ($328 / month)
    Home Facts
    Lot Size10,454 SqFtStyleMulti-Family Res (5+ Units)CountyRUTLANDAPN(170) 14227

    Schools near 23 Mansfield Place

    This home is within Rutland City School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - 3 to 6
    Public - 7 to 8
    Public - 9 to 12
    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 Northeast Primary 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.

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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 23 Mansfield Place, Rutland, VT 05701
    $300,000
    3,136
    10,454
    $265,900
    4
    3,004
    7,840
    $270,000
    3
    2,564
    10,890
    7,405
    7,405
    $82,500
    3
    2
    1,998
    5,662

    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 TPW Real Estate

    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 09/10/2026 11:53 AM