51 S Main St

Rutland, VT 05701

$299,000
Price
6
Beds
2,598 Sq. Ft.
$115 / Sq. Ft.
2,598
Sq. Ft.
$115
per Sq. Ft.
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Description

Great income-producing opportunity right in the heart of downtown Rutland City. This nicely maintained two-unit, two-story property offers comfort, flexibility, and strong rental appeal. Each unit is equipped with its own laundry hookup, adding everyday convenience for tenants or owner-occupants alike. Enjoy outdoor living with a windowed porch for the lower unit and a private back terrace for the upper unit. The property also features a two-car garage, ample driveway parking, and two separate fenced...Great income-producing opportunity right in the heart of downtown Rutland City. This nicely maintained two-unit, two-story property offers comfort, flexibility, and strong rental appeal. Each unit is equipped with its own laundry hookup, adding everyday convenience for tenants or owner-occupants alike. Enjoy outdoor living with a windowed porch for the lower unit and a private back terrace for the upper unit. The property also features a two-car garage, ample driveway parking, and two separate fenced yard/garden spaces—perfect for pets, gardening, entertaining, BBQs, or simply relaxing outdoors. Ideally situated directly across from the Green between Route 4/7 and Main Street, this location offers easy walkability to shopping, restaurants, parks, and everything downtown Rutland has to offer. The first-floor unit is owner-occupied full-time, while the upstairs unit offers 3 bedrooms and 1 bathroom with interior stairwell access. A lease is currently in place with long-term tenants paying $2,000 per month, providing immediate income potential. A versatile investment property in a prime downtown location with excellent owner-occupant or income-producing possibilities.
  1. Listed by Tucker Adirondack Lange • Lange & Lange
  2. Listed by Rachael Lange • Lange & Lange

Property Details for 51 South Main Street

Zoning
MSP Main Street Park
LISTING UPDATED: 05/25/2026 01:54 PM

Property Details for 51 South Main Street

StatusActive
MLS #5090743
Days on Market8
Taxes$5,509 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1870
Lot Size0.15 AC / 6,534 SF
CountyRutland County
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Location

Listing Courtesy of Lange & Lange
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Building Information for 51 South Main Street

Stories3Residences2Year Built1870Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

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$1,949 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,490

Property Taxes

$459

HOA Dues

$0

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Property Information for 51 South Main Street

Summary
Location and General Information
  • City: Rutland City
  • County: VT-Rutland
  • Directions: Right off VT Route 4 and 7 on the west side of the street. Barrier in between the main rd and S Main St, small park and additional side streets/ parking.
  • Latitude: 43.604823000001005
  • Longitude: -72.972245999999998
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05701-5041
Taxes and HOA Information
  • SPAN Number: 540-170-14638
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 2.00
  • Driveway: Paved
Property
Lot Information
  • Lot Features: City Lot, Curbing, Landscaped, Major Road Frontage, Sidewalks
  • Lot Size Acres: 0.15
  • Road Frontage Length: 49.0
  • Total Finished Area: 2598.0
  • Above Grade Finished Area: 2598.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area: 1299.0
  • AboveGradeUnfinishedAreaSource: Other
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Public Records
  • Below Grade Unfinished Area: 1299.0
  • BelowGradeUnfinishedAreaSource: Public Records
  • Lot Size Square Feet: 6534.0
  • Total Area: 5196.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Easements: Unknown
  • Flood Zone: Land Only
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1870
  • School District: Rutland City School District
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public Water On-Site
  • Utilities: Cable Available, Multi Phone Lines, T1 Available
  • Total Gas Meters: 2
  • Total Electric Meters: 2
  • Separate Utilities: Yes
  • Internet: High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Color: Gray
  • Construction Materials: Wood Frame, Vinyl Exterior
  • Roof: Shingle, Slate
  • Total Ranges: 2
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor
  • Total Full Baths: 2
  • Flooring: Carpet, Laminate, Tile, Wood
  • Heating: Oil
  • Cooling: None
  • Total Refrigerators: 2
  • Total Rooms Above Ground: 12
  • Total Stories: 3
  • Total Water Heaters: 1
Multi Family
Multi-Family Information
  • Total Units: 2
  • Total 1 BR Units: 0
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 2
  • Total Heat Units: 2
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Lease Term: Owner Occupied
  • Unit 1 Status: Owner Occupied
  • Unit 1 Rooms: 6
  • Unit 1 Info: Appliances Included, Dryer, Heat, Oil Heat, Hot Water, Electric Range, Refrigerator, Storage, Washer
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 6
  • Unit 2 Status: Leased
  • Unit 2 Level Number: 2
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 3
  • Unit 2 Rental Amount: $2,000.00
  • Unit 2 Info: Appliances Included, Den, Dryer, Heat, Oil Heat, Hot Water, Porch, Electric Range, Refrigerator, Smoke Detector, Washer
  • Unit 2 Tenant Pays: All Utilities
Rental
Rent Information
  • Total Leases: 1

Property History for 51 South Main Street

DateEvent & SourcePriceAppreciation
May 25, 2026

Listed (Active)

New England Real Estate Network #5090743

$299,000—
Jul 21, 2023

Sold (Public Record)

Public Record #1515889868

$190,000

+34.8% / yr

Jul 21, 2023

Sold

New England Real Estate Network #4962320

$190,000—
DateEvent & SourcePrice
05/25/2026

Listed (Active)

New England Real Estate Network #5090743

$299,000
07/21/2023

Sold (Public Record)

Public Record #1515889868

$190,000

+34.8% / yr

07/21/2023

Sold

New England Real Estate Network #4962320

$190,000

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

Public Records for 51 South Main Street

Taxable ValueLand$28,400Additions$113,800Total$142,200
Home Facts
Beds0Lot Size6,534 SqFtStyleSingle Family ResidenceCountyRUTLANDAPN(170) 14638

Schools near 51 South Main 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 Northeast Primary 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 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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More information about 51 South Main Street, Rutland, VT 05701

51 South Main Street is a multi-family home for sale in Rutland, VT 05701. This property was listed for sale on May 25, 2026 by Lange & Lange, it's currently listed at $299,000. It has been on the market for a total of 8 days and was last sold on July 21, 2023. This listing's school district is Rutland City School District. Nearby schools include Rutland Intermediate School, Rutland Middle School and Rutland Senior High School. 51 South Main Street is a 6-bed, 2-bath, 2,598 sqft multi-family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lange & Lange

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 06/02/2026 07:46 PM