469 Main Street

Closed 2/9/26
Closed 2/9/26
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Sold
Last Sold Price
$500,000
12 beds5,653 sqft$88/sqft
469 Main St,Ā West Rutland, VTĀ 05777
Multi FamilyProperty Type
10,018 sq ftLot Size
1915Year Built
$88/sq ftPrice per sq ft

Description

Spacious units. nice location minutes to shopping and Rutland city , this property has been renovated and updated, including vinyl siding, windows and much more , pretty much no deferred maintains, the best part about this property is the income, Cap Rate at asking price is more than 15.7%, Rents include: Heat, Water & Sewer ,Rubbish, Lawn/plowing, property taxes ,insurance, although each unit has it own electric meter the current owner has included electric in the rent and maintenance , Steady income,...Spacious units. nice location minutes to shopping and Rutland city , this property has been renovated and updated, including vinyl siding, windows and much more , pretty much no deferred maintains, the best part about this property is the income, Cap Rate at asking price is more than 15.7%, Rents include: Heat, Water & Sewer ,Rubbish, Lawn/plowing, property taxes ,insurance, although each unit has it own electric meter the current owner has included electric in the rent and maintenance , Steady income, gross yearly income is $122,400 with expenses at $33,789 , NOI is $78,508

    Sold By Watson Realty & Associates

    • Listed by: Mike Kalil ā€¢ Watson Realty & Associates
    Listing closed: 02/09/2026 12:00 AM ā€¢ Source: New England Real Estate Network, MLS#: 5070530

    Recent comparable sales

    Median sold price

    $135,000

    Avg days on market

    57

    Sale-to-list ratio

    84.0%

    West Rutland, VT

    9 comparable properties found

    $135,000 | 508 Main Street, West Rutland, VT 05777
    1/39
    1

    $135,000

    Sold 12/02/25

    Unavailable
    Bedrooms
    2,322
    Square Feet
    0.31
    Acres

    508 Main Street, West Rutland, VT 05777

    $41,000 | None South Lane, West Rutland, VT 05777
    1/2
    2

    $41,000

    Sold 07/17/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.51
    Acres

    None South Lane, West Rutland, VT 05777

    $120,000 | 5 Ira Birdseye Road, West Rutland, VT 05777
    1/25
    3

    $120,000

    Sold 11/14/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    10.02
    Acres

    5 Ira Birdseye Road, West Rutland, VT 05777

    $80,500 | 167 Marble Street, West Rutland, VT 05777
    1/33
    4

    $80,500

    Sold 12/30/24

    1
    Bedrooms
    1,448
    Square Feet
    0.07
    Acres

    167 Marble Street, West Rutland, VT 05777

    $207,600 | 230 Marble Street, West Rutland, VT 05777
    1/20
    5

    $207,600

    Sold 02/12/26

    8
    Bedrooms
    3,535
    Square Feet
    0.25
    Acres

    230 Marble Street, West Rutland, VT 05777

    6

    $170,000

    Sold 07/16/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    1.05
    Acres

    111 Thrall Avenue, West Rutland, VT 05777

    7

    $235,471

    Sold 12/03/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.22
    Acres

    101 Fairview Avenue, West Rutland, VT 05777

    $450,000 | 216 Maplewood Drive, West Rutland, VT 05777
    1/54
    8

    $450,000

    Sold 08/28/25

    4
    Bedrooms
    2,760
    Square Feet
    2.3
    Acres

    216 Maplewood Drive, West Rutland, VT 05777

    9

    $50,000

    Sold 12/20/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    56.6
    Acres

    1500 Clarendon Avenue, West Rutland, VT 05777

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    $3,142 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $2,541

    Property Taxes

    $601

    HOA Dues

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    Property Information for 469 Main Street

    Property Details
    • Taxes: $7,210 / year
    • MLS Type: Multi Family
    • County: Rutland County
    • Zoning: Residential
    Building Information
    • Stories: 2
    • Residences: 7
    • Year Built: 1915
    • Lot Size: 0.23 AC / 10,018 SF
    Summary
    Location and General Information
    • City: West Rutland
    • County: VT-Rutland
    • Latitude: 43.593730540663486
    • Longitude: -73.047033457672114
    • Road Frontage: Yes
    • Seasonal: No
    • State: VT
    • Street Designation: Street
    • Zip Code: 05777
    Taxes and HOA Information
    • SPAN Number: 735-234-10885
    • Tax Year: 2026
    • Taxes TBD: No
    Parking
    • Garage: No
    • Driveway: Crushed Stone
    Property
    Lot Information
    • Lot Features: City Lot
    • Lot Size Acres: 0.23
    • Road Frontage Length: 68.0
    • Total Finished Area: 5653.0
    • Above Grade Finished Area: 5653.0
    • Above Grade Finished Area Source: Public Records
    • Above Grade Unfinished Area: 0.0
    • Below Grade Finished Area: 0.0
    • Below Grade Unfinished Area: 1248.0
    • BelowGradeUnfinishedAreaSource: Public Records
    • Lot Size Square Feet: 10019.0
    • Total Area: 6901.0
    Property and Assessments
    • Property Class: Multi-Family
    • Flood Zone: No
    • PreConstruction: No
    • Surveyed: Unknown
    • Year Built: 1915
    • School District: West Rutland School District
    • High School: Choice
    • Middle/Jr School: West Rutland School
    • Elementary School: West Rutland School
    Utilities
    • Electric Company: green mountain power
    • Cable Company: comcast
    • Electric: Circuit Breaker(s)
    • Sewer: Public
    • Water Source: Public
    • Utilities: Cable, Telephone Available
    • Internet: High Speed Intrnt Avail
    Interior and Exterior Features
    Exterior Features
    • Construction Materials: Wood Frame
    • Roof: Metal, Slate
    Interior Features
    • Basement: Yes
    • Basement Access Type: Walk-up
    • Basement Description: Full, Unfinished
    • Total Full Baths: 7
    • Heating: Oil, Baseboard
    • Cooling: None
    • Total Stories: 2
    Multi Family
    Income & Expenses Information
    • Gross Income: $122,400.00
    • Net Income: $78,508.00
    • Operating Expense Incl: Heat, Insurance, Maintenance, Other, Snow Removal, Trash, Utilities, Water/Sewer
    • Operating Expense: $33,789
    Multi-Family Information
    • Total Units: 7
    • Total 1 BR Units: 3
    • Total 2 BR Units: 3
    • Total 3+ BR Units: 1
    Unit Information
    Unit 1
    • Unit 1 Bedrooms: 1
    • Unit 1 Lease Term: Month to Month
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 1 Status: Leased
    • Unit 1 Rental Amount: $1,500.00
    Unit 2
    • Unit 2 Lease Term: Month to Month
    • Unit 2 Status: Leased
    • Unit 2 Rental Amt Freq: Monthly
    • Unit 2 Bedrooms: 2
    • Unit 2 Rental Amount: $1,500.00
    Unit 3
    • Unit 3 Lease Term: Month to Month
    • Unit 3 Rental Amt Freq: Monthly
    • Unit 3 Status: Leased
    • Unit 3 Bedrooms: 1
    • Unit 3 Rental Amount: $1,500.00
    Unit 4
    • Unit 4 Lease Term: Month to Month
    • Unit 4 Rental Amt Freq: Monthly
    • Unit 4 Bedrooms: 1
    • Unit 4 Status: Leased
    • Unit 4 Rental Amount: $1,500.00
    Unit 5
    • Unit 5 Rental Amt Freq: Monthly
    • Unit 5 Status: Leased
    • Unit 5 Bedrooms: 2
    • Unit 5 Lease Term: Month to Month
    • Unit 5 Rental Amount: $1,250.00
    Unit 6
    • Unit 6 Lease Term: Month to Month
    • Unit 6 Bedrooms: 3
    • Unit 6 Rental Amt Freq: Monthly
    • Unit 6 Status: Leased
    • Unit 6 Rental Amount: $1,750.00
    Unit 7
    • Unit 7 Bedrooms: 2
    • Unit 7 Lease Term: Month to Month
    • Unit 7 Rental Amt Freq: Monthly
    • Unit 7 Status: Leased
    • Unit 7 Rental Amount: $1,200.00

    Property History for 469 Main Street

    DateEvent & SourcePriceAppreciation
    Feb 9, 2026

    Sold

    New England Real Estate Network #5070530

    		$500,000ā€”
    Feb 6, 2026

    Sold (Public Record)

    Public Record #1930408615

    		$500,000

    +5.0% / yr

    Dec 8, 2025

    Pending

    New England Real Estate Network #5070530

    		ā€”
    DateEvent & SourcePrice
    02/09/2026

    Sold

    New England Real Estate Network #5070530

    $500,000
    02/06/2026

    Sold (Public Record)

    Public Record #1930408615

    $500,000

    +5.0% / yr

    12/08/2025

    Pending

    New England Real Estate Network #5070530

    ā€”

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

    Public Records for 469 Main Street

    Taxable ValueLand$41,300Additions$224,800Total$266,100
    Tax Record2025$4,612 ($384 / month)
    Home Facts
    Baths7Total Finished SqFt5,653 SqFtAbove Grade Finished SqFt5,653 SqFtUnfinished Basement SqFt1,248 SqFtStories2Lot Size10,019 SqFtStyleMiscellaneous CommercialYear Built1900Year Renovated1900ZoningVC1CountyRUTLANDAPN(234) 260010469

    Schools near 469 Main Street

    This home is within Quarry Hill Unified Union School District.
    Rating
    School
    Type
    Grades
    Distance
    West Rutland School
    		Public - PK to 12
    Rating
    School
    Distance
    West Rutland School
    PublicPK to 12

    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: 469 Main Street, West Rutland, VT 05777
    $500,000
    12
    5,653
    10,018
    473 Main Street, West Rutland, VT 05777
    $50,000
    3
    1
    832
    2,178
    453 Main Street, West Rutland, VT 05777
    $40,000
    3
    1.5
    1,786
    8,712
    70 Ross Street, West Rutland, VT 05777
    $118,100
    4
    1,800
    9,147
    495 Main Street, West Rutland, VT 05777
    $19,500
    4
    1,450
    15,246
    458 Main Street, West Rutland, VT 05777
    ā€“
    ā€“
    2
    2,647
    9,583

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    Listing Courtesy of Watson Realty & Associates

    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 consumersā€™ 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 09/09/2026 05:22 AM