47 Cleveland Avenue

Closed 1/19/22

Sold

Last Sold Price

$187,500

5 beds3 baths3,978 sqft$47/sqft

47 Cleveland Ave, Rutland, VT 05701

Multi FamilyProperty Type

0.31 acresLot Size

1884Year Built

$47/sq ftPrice per sq ft

Description

Location, Location, Location! This well maintained multi family home is a great opportunity to live comfortably on the 1st floor and produce income from the 2nd and 3rd floor rentals. Two units are currently occupied and the third has been redone and is ready for the next tenant. This building does have a great and long lasting occupancy history. This home is conveniently located within walking distance to Pine Hill recreation park, convenience stores, schools, playgrounds, churches, public transportation,...Location, Location, Location! This well maintained multi family home is a great opportunity to live comfortably on the 1st floor and produce income from the 2nd and 3rd floor rentals. Two units are currently occupied and the third has been redone and is ready for the next tenant. This building does have a great and long lasting occupancy history. This home is conveniently located within walking distance to Pine Hill recreation park, convenience stores, schools, playgrounds, churches, public transportation, etc. Both the first and second floor units have 5 rooms with 2 bedrooms and 1 bath each. The third floor unit, which has been recently completely renovated, has 3 rooms with 1 bedrooms and 1 bath each The opportunity is definitely worth a look.

Sold By White Cap Realty

Listed by: Joshua Lemieux • Remax Summit

Listing closed: 01/19/2022 12:00 AM • Source: New England Real Estate Network, MLS#: 4888154

Recent comparable sales

Median sold price

$255,000

Avg days on market

110

Sale-to-list ratio

90.1%

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Bathrooms: 3,456
Square Feet: 2.51
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Property Information for 47 Cleveland Avenue

Property Details

Taxes: $4,685 / year
MLS Type: Multi Family
County: Rutland County
Zoning: Res1

Building Information

Stories: 2
Residences: 3
Year Built: 1884
Lot Size: 0.31 AC / 13,503 SF

Summary

Location and General Information

City: Rutland City
County: VT-Rutland

Directions: From State Street turn onto Cleveland Avenue. House is on left. See sign.
Latitude: 43.610149768210889
Longitude: -72.988459000000006
Road Frontage: TBD
Seasonal: No
State: VT
Street Designation: Avenue
Zip: 05701

Taxes and HOA Information

SPAN Number: 540-170-11303
Tax - Gross Amount: $4,685.00

Tax Year: 2021
Taxes TBD: No

School Information

School - High: Rutland Senior High School
School - District: Rutland City School District

School - Elementary: Rutland Northeast Primary Sch
School - Middle/Jr: Rutland Intermediate School

Parking

Garage: No
Driveway: Gravel

Property

Lot Information

Lot - Sqft: 13504.0
Lot Size Acres: 0.31

Square Feet Apx Finished Above Grade: 3978.0
Square Feet Apx Finished AG Source: Public Records
Square Feet Apx Finished Below Grade: 0.0
Square Feet Apx Finished BG Source: Other
Square Feet Apx Total: 5278.0
Square Feet Apx Total Finished: 3978.0
Square Feet Apx Unfinished Above Grade: 0.0
Square Feet Apx Unfinished AG Source: Other
Square Feet Apx Unfinished Below Grade: 1300.0
Square Feet Apx Unfinished BG Source: Public Records

Property and Assessments

Property Class: Multi-Family
Flood Zone: No

Foundation: Stone
PreConstruction: No
Surveyed: Unknown
Year Built: 1884

Utilities

Electric Company: Green Mountain Power
Cable Company: Comcast

Electric: 100 Amp, Circuit Breaker(s)
Sewer: Public
Utilities: Cable - At Site, High Speed Intrnt -AtSite, Telephone Available
Total Electric Meters: 3

Interior and Exterior Features

Exterior Features

Roads: Paved, Public
Roof: Shingle - Architectural

Total Ranges: 3

Interior Features

Basement: Yes
Basement Access Type: Walk-up

Basement Description: Concrete, Concrete Floor, Full, Storage Space, Unfinished, Exterior Access
Total Full Baths: 3
Flooring: Carpet, Combination, Laminate, Tile
Heat Fuel: Gas - LP/Bottle, Oil
Heating: Baseboard, Forced Air, Hot Water
Cooling: None
Total Refrigerators: 3
Total Rooms Above Ground: 12
Total Stories: 2.5
Total Water Heaters: 3

Multi Family

Multi-Family Information

Total Units: 3
Total 1 BR Units: 1

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

Unit Information

Unit 1

Unit 1 Baths: 1
Unit 1 Bedrooms: 2

Unit 1 Rental Agremnt: No
Unit 1 Lease Term: Month to Month
Unit 1 Level Number: 1
Unit 1 Rental Amt Freq: Monthly
Unit 1 Status: Month to Month
Unit 1 Apx Sqft: 1300.0
Unit 1 Rooms: 5
Unit 1 Rental Amount: $725.00
Unit 1 Tenant Pays: Electric, Heat, Hot Water
Unit 1 Info: Appliances Included, Dryer, Laundry Hookup, Porch, Washer

Unit 2

Unit 2 Baths: 1
Unit 2 Rooms: 5

Unit 2 Rental Agremnt: No
Unit 2 Status: Vacant
Unit 2 Level Number: 2
Unit 2 Rental Amt Freq: Monthly
Unit 2 Apx Sqft: 1300.0
Unit 2 Bedrooms: 2
Unit 2 Rental Amount: $800.00
Unit 2 Info: Appliances Included, Dryer, Laundry Hookup, Washer
Unit 2 Tenant Pays: Electric, Heat, Hot Water

Unit 3

Unit 3 Lease Term: Owner Occupied
Unit 3 Baths: 1

Unit 3 Rooms: 3
Unit 3 Rental Agremnt: No
Unit 3 Status: Owner Occupied
Unit 3 Apx Sqft: 780.0
Unit 3 Bedrooms: 1
Unit 3 Info: Appliances Included

Rental

Rent Information

Total Leases: 1

Property History for 47 Cleveland Avenue

Date	Event & Source	Price	Appreciation
Jan 19, 2022	Sold (Public Record) Public Record #1482150332	$187,500	—
Jan 19, 2022	Sold New England Real Estate Network #4888154	$187,500	—
Jan 19, 2022	Pending New England Real Estate Network #4888154		—
Nov 8, 2021	Temporarily Off Market New England Real Estate Network #4888154		—
Nov 8, 2021	Active Under Contract New England Real Estate Network #4888154		—
Oct 22, 2021	Listed (Active) New England Real Estate Network #4888154	$209,000	—

Date	Event & Source	Price
01/19/2022	Sold (Public Record) Public Record #1482150332	$187,500
01/19/2022	Sold New England Real Estate Network #4888154	$187,500
01/19/2022	Pending New England Real Estate Network #4888154	—
11/08/2021	Temporarily Off Market New England Real Estate Network #4888154	—
11/08/2021	Active Under Contract New England Real Estate Network #4888154	—
10/22/2021	Listed (Active) New England Real Estate Network #4888154	$209,000

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

Public Records for 47 Cleveland Avenue

Taxable ValueLand$41,200Additions$92,800Total$134,000

Tax Record2025$2,583 ($215 / month)

Home Facts

Beds0Lot Size13,504 SqFtStyleSingle Family ResidenceCountyRUTLANDAPN(170) 11303

Schools near 47 Cleveland Avenue

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	0.5 mi
3/10	Rutland Middle School	Public - Serves this home	7 to 8	0.4 mi
8/10	Rutland Senior High School	Public - Serves this home	9 to 12	1.8 mi
NR	Stafford Technical Center	Public - Choice school	9 to 12	1.8 mi
NR	Rutland Northeast Primary School	Public - Choice school	PK to 2	1.4 mi
NR	Rutland Northwest School	Public - Choice school	PK to 2	0.2 mi
NR	Sheldon Academy Of Vermont Achievement Center	Private - Nearby school	3 to 12	1.2 mi
NR	Christ The King School	Private - Nearby school	PK to 8	0.9 mi
NR	Rutland Area Christian School	Private - Nearby school	PK to 12	0.8 mi


Rating	School	Distance
4/10	Rutland Intermediate School Public3 to 6 Serves this home	0.5 mi
3/10	Rutland Middle School Public7 to 8 Serves this home	0.4 mi
8/10	Rutland Senior High School Public9 to 12 Serves this home	1.8 mi
NR	Stafford Technical Center Public9 to 12 Choice school	1.8 mi
NR	Rutland Northeast Primary School PublicPK to 2 Choice school	1.4 mi
NR	Rutland Northwest School PublicPK to 2 Choice school	0.2 mi
NR	Sheldon Academy Of Vermont Achievement Center Private3 to 12 Nearby school	1.2 mi
NR	Christ The King School PrivatePK to 8 Nearby school	0.9 mi
NR	Rutland Area Christian School PrivatePK to 12 Nearby school	0.8 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: 47 Cleveland Avenue, Rutland, VT 05701	$187,500	5	3	3,978	13,503
49 Cleveland Avenue, Rutland, VT 05701	–	–	–	–	12,632
41 Cleveland Avenue, Rutland, VT 05701	$156,000	–	3	3,094	6,098
48 Water Street, Rutland, VT 05701	$40,000	2	1	924	4,791
46 Cleveland Avenue, Rutland, VT 05701	$52,500	3	2	1,729	6,969
42 Cleveland Avenue, Rutland, VT 05701	$13,225	–	–	–	6,970
44 Water Street, Rutland, VT 05701	$75,000	2	1	1,288	14,810
50 Cleveland Avenue, Rutland, VT 05701	$99,000	6	3	3,166	13,939
39 Cleveland Avenue, Rutland, VT 05701	–	–	–	–	6,098
52 Water Street, Rutland, VT 05701	$15,000	4	4	2,682	6,098
55 Cleveland Avenue, Rutland, VT 05701	–	–	–	–	6,098
54 Water Street, Rutland, VT 05701	$15,900	–	–	–	6,098
40 Cleveland Avenue, Rutland, VT 05701	$13,000	11	8	2,850	13,939
32-34 Water Street, Rutland, VT 05701	$72,000	3	2	1,252	7,405
56 Water Street, Rutland, VT 05701	$27,400	–	–	–	18,295
37 Cleveland Avenue, Rutland, VT 05701	$139,000	2	1	893	4,356

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Listing Courtesy of Remax Summit

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 09:31 PM

Rutland, VT

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