50 Cleveland Avenue

Closed 1/8/21
Closed 1/8/21
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Last Sold Price
$99,000
6 beds3,166 sqft$31/sqft
50 Cleveland Ave, Rutland, VT 05701

Description

3 Unit MultiFamily, fully rented with good gross on an oversized city lot with 100’ of frontage. Each unit is 2 Bedrooms. This owner pays heat as a convenience to the tenants but a new owner might have the tenants pay their own. There are 3 heating units, 3 electric meters and 3 hot water tanks.3 Unit MultiFamily, fully rented with good gross on an oversized city lot with 100’ of frontage. Each unit is 2 Bedrooms. This owner pays heat as a convenience to the tenants but a new owner might have the tenants pay their own. There are 3 heating units, 3 electric meters and 3 hot water tanks.
LISTING CLOSED: 01/08/2021 12:00 AM

  1. Listed by Rebecca Woodard • Blue Ridge Real Estate

Sold By Watson Realty & Associates

Property Details for 50 Cleveland Avenue

Status
Closed
MLS #
4835850
Days on Market
8
Taxes
$5,450 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi Family
Year Built
1920
Lot Size
0.32 AC / 13,939 SF
County
Rutland County
Zoning
MR-1

Recent comparable sales

Median sold price

$330,000

Avg days on market

22

Sale-to-list ratio

93.0%

Rutland, VT

9 comparable properties found

$182,500 | 75 Harrison Avenue, Rutland, VT 05701
1/28
1

$182,500

Sold 03/13/26

6
Bedrooms
2,860
Square Feet
0.26
Acres

75 Harrison Avenue, Rutland, VT 05701

$270,000 | 41 North Street, Rutland, VT 05701
1/28
2

$270,000

Sold 06/30/25

5
Bedrooms
2,926
Square Feet
0.16
Acres

41 North Street, Rutland, VT 05701

$330,000 | 139 Lincoln Avenue, Rutland, VT 05701
1/32
3

$330,000

Sold 04/11/25

6
Bedrooms
3,192
Square Feet
0.17
Acres

139 Lincoln Avenue, Rutland, VT 05701

$180,900 | 8 Washington Street, Rutland, VT 05701
1/22
4

$180,900

Sold 03/14/25

6
Bedrooms
3,141
Square Feet
0.11
Acres

8 Washington Street, Rutland, VT 05701

$415,000 | 72 Plain Street, Rutland, VT 05701
1/43
5

$415,000

Sold 03/26/26

6
Bedrooms
2,504
Square Feet
0.34
Acres

72 Plain Street, Rutland, VT 05701

$291,000 | 77 River Street, Rutland, VT 05701
1/17
6

$291,000

Sold 11/04/24

6
Bedrooms
4
Bathrooms
2,332
Square Feet
0.16
Acres

77 River Street, Rutland, VT 05701

$350,000 | 162 State Street, Rutland, VT 05701
1/24
7

$350,000

Sold 09/30/25

7
Bedrooms
4
Bathrooms
3,139
Square Feet
0.17
Acres

162 State Street, Rutland, VT 05701

$455,000 | 121 Park Avenue, Rutland, VT 05701
1/17
8

$455,000

Sold 04/14/25

6
Bedrooms
6
Bathrooms
2,834
Square Feet
0.25
Acres

121 Park Avenue, Rutland, VT 05701

$330,000 | 60 Elm Street, Rutland, VT 05701
1/23
9

$330,000

Sold 12/05/24

7
Bedrooms
4
Bathrooms
3,220
Square Feet
0.17
Acres

60 Elm Street, Rutland, VT 05701

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Building Information for 50 Cleveland Avenue

Stories2Residences3Year Built1920Building Size-Lot Size0.32 AC / 13,939 SF

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$957 per month

30 year fixed, 6.55% Interest

Principal and Interest

$503

Property Taxes

$454

HOA Dues

$0

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Property Information for 50 Cleveland Avenue

Summary
Location and General Information
  • City: Rutland City
  • County: VT-Rutland
  • Directions: West St or Crescent St to Cleveland Ave to # 50. No sign.
  • Latitude: 43.610380231819903
  • Longitude: -72.987938915344202
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Avenue
  • Zip: 05701
Taxes and HOA Information
  • SPAN Number: 540-170-17827
  • Tax - Gross Amount: $5,450.00
  • Tax Year: 2021
  • Taxes TBD: No
School Information
  • School - High: Rutland Senior High School
  • School - Middle/Jr: Rutland Middle School
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot - Sqft: 13939.0
  • Lot Size Acres: 0.32
  • Road Frontage Length: 100.0
  • Square Feet Apx Finished Above Grade: 3166.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 4749.0
  • Square Feet Apx Total Finished: 3166.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 1583.0
  • Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
  • Assessment Amount: $151,500
  • Property Class: Multi-Family
  • Flood Zone: No
  • Foundation: Brick, Concrete
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1920
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Utilities: Cable - Available, Gas - LP/Bottle, High Speed Intrnt -Avail, Telephone Available
  • Total Electric Meters: 3
  • Separate Utilities: Yes
Interior and Exterior Features
Exterior Features
  • Color: white
  • Features - Exterior: Garden Space, Porch - Covered
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Total Ranges: 3
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Stairs - Interior, Storage Space, Unfinished, Interior Access, Exterior Access
  • Total Full Baths: 3
  • Flooring: Carpet, Hardwood, Vinyl
  • Heat Fuel: Gas - LP/Bottle, Oil
  • Heating: Forced Air, Gas Heater, Individual
  • Cooling: None
  • Total Refrigerators: 3
  • Total Stories: 2
  • Total Water Heaters: 3
Multi Family
Income & Expenses Information
  • Gross Income: $30,000.00
Multi-Family Information
  • Total Units: 3
  • Total 1 BR Units: 0
  • Total 2 BR Units: 3
  • 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: Yes
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Level Number: 1 Frt
  • Unit 1 Status: Month to Month
  • Unit 1 Rooms: 5
  • Unit 1 Info: Heat - Oil, Porch
Unit 2
  • Unit 2 Lease Term: Month to Month
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 5
  • Unit 2 Rental Agremnt: Yes
  • Unit 2 Status: Month to Month
  • Unit 2 Level Number: 2 Frt
  • Unit 2 Bedrooms: 2
  • Unit 2 Info: Heat - Gas, Porch
Unit 3
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 4
  • Unit 3 Rental Agremnt: Yes
  • Unit 3 Level Number: 1&2 Rear
  • Unit 3 Status: Month to Month
  • Unit 3 Bedrooms: 2
  • Unit 3 Info: Heat - Oil
Rental
Rent Information
  • Total Leases: 3

Property History for 50 Cleveland Avenue

DateEvent & SourcePriceAppreciation
Jan 8, 2021

Sold (Public Record)

Public Record #687133298

$99,000

+18.7% / yr

Jan 8, 2021

Sold

New England Real Estate Network #4835850

$99,000—
Nov 1, 2020

Pending

New England Real Estate Network #4835850

—
DateEvent & SourcePrice
01/08/2021

Sold (Public Record)

Public Record #687133298

$99,000

+18.7% / yr

01/08/2021

Sold

New England Real Estate Network #4835850

$99,000
11/01/2020

Pending

New England Real Estate Network #4835850

—

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

Public Records for 50 Cleveland Avenue

Taxable ValueLand$41,300Additions$110,200Total$151,500
Tax Record2025$2,920 ($243 / month)
Home Facts
Beds0Lot Size13,939 SqFtStyleSingle Family ResidenceCountyRUTLANDAPN(170) 17827

Schools near 50 Cleveland Avenue

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
Stafford Technical Center
Public - 9 to 12
Rating
School
Distance
Rutland Intermediate School
Public3 to 6

Rutland Middle School
Public7 to 8

Rutland Senior High School
Public9 to 12

Stafford Technical Center
Public9 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: 50 Cleveland Avenue, Rutland, VT 05701
$99,000
6
3,166
13,939
46 Cleveland Avenue, Rutland, VT 05701
$52,500
3
1,729
6,969
56 Cleveland Avenue, Rutland, VT 05701
$25,395
–
–
–
18,295
49 Cleveland Avenue, Rutland, VT 05701
–
–
–
–
12,632
47 Baxter Street, Rutland, VT 05701
$26,500
5
2,400
6,969
47 Cleveland Avenue, Rutland, VT 05701
$187,500
5
3,978
13,503

Explore Nearby Homes

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 Blue Ridge 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 08/21/2026 01:39 AM