51 South Main Street

Closed 8/31/26

Sold

Last Sold Price

$299,000

6 beds2 baths2,598 sqft$115/sqft

51 S Main St, Rutland, VT 05701

Multi FamilyProperty Type

6,534 sq ftLot Size

1870Year Built

$115/sq ftPrice per sq ft

2 carsParking Spaces

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. Last day of showings friday june 5 offers due saturday june 6

Sold By Four Corner Properties LLC

Listed by: Tucker Adirondack Lange • Lange & Lange

Listing closed: 08/31/2026 12:00 AM • Source: New England Real Estate Network, MLS#: 5090743

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$1,979 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,520

Property Taxes

$459

HOA Dues

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Property Information for 51 South Main Street

Property Details

Taxes: $5,509 / year
MLS Type: Multi Family
County: Rutland County
Zoning: MSP Main Street Park

Building Information

Stories: 3
Residences: 2
Year Built: 1870
Lot Size: 0.15 AC / 6,534 SF

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
Property Condition: 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

Date	Event & Source	Price	Appreciation
Aug 31, 2026	Sold New England Real Estate Network #5090743	$299,000	—
Aug 31, 2026	Pending New England Real Estate Network #5090743		—
Jun 7, 2026	Active Under Contract New England Real Estate Network #5090743		—
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	—
Jul 21, 2023	Pending New England Real Estate Network #4962320		—
Jul 21, 2023	Listed (Active) New England Real Estate Network #4962320	$190,000	—
Aug 28, 2020	Sold (Public Record) Public Record #676301120	$80,000	—

Date	Event & Source	Price
08/31/2026	Sold New England Real Estate Network #5090743	$299,000
08/31/2026	Pending New England Real Estate Network #5090743	—
06/07/2026	Active Under Contract New England Real Estate Network #5090743	—
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
07/21/2023	Pending New England Real Estate Network #4962320	—
07/21/2023	Listed (Active) New England Real Estate Network #4962320	$190,000
08/28/2020	Sold (Public Record) Public Record #676301120	$80,000

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

Tax Record2025$2,741 ($228 / month)

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
4/10	Rutland Intermediate School	Public - Serves this home	3 to 6	0.7 mi
3/10	Rutland Middle School	Public - Serves this home	7 to 8	0.7 mi
8/10	Rutland Senior High School	Public - Serves this home	9 to 12	1.3 mi
NR	Rutland Northeast Primary School	Public - Choice school	PK to 2	1.0 mi
NR	Rutland Northwest School	Public - Choice school	PK to 2	1.1 mi
NR	Stafford Technical Center	Public - Choice school	9 to 12	1.3 mi
NR	Christ The King School	Private - Nearby school	PK to 8	0.1 mi
NR	Rutland Academy	Private - Nearby school	8 to 12	0.5 mi
NR	Easter Seals Of Vermont	Private - Nearby school	10 to 11	0.6 mi


Rating	School	Distance
4/10	Rutland Intermediate School Public3 to 6 Serves this home	0.7 mi
3/10	Rutland Middle School Public7 to 8 Serves this home	0.7 mi
8/10	Rutland Senior High School Public9 to 12 Serves this home	1.3 mi
NR	Rutland Northeast Primary School PublicPK to 2 Choice school	1.0 mi
NR	Rutland Northwest School PublicPK to 2 Choice school	1.1 mi
NR	Stafford Technical Center Public9 to 12 Choice school	1.3 mi
NR	Christ The King School PrivatePK to 8 Nearby school	0.1 mi
NR	Rutland Academy Private8 to 12 Nearby school	0.5 mi
NR	Easter Seals Of Vermont Private10 to 11 Nearby school	0.6 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: 51 South Main Street, Rutland, VT 05701	$299,000	6	2	2,598	6,534
49 South Main Street, Rutland, VT 05701	$249,000	7	5	3,908	6,534
53 South Main Street, Rutland, VT 05701	$119,950	–	2	2,640	–
45 South Main Street, Rutland, VT 05701	$120,000	3	2	2,016	8,276
50 Morse Place, Rutland, VT 05701	$262,400	4	2	2,256	5,662
48 Morse Place, Rutland, VT 05701	–	–	–	–	3,049
52 Morse Place, Rutland, VT 05701	$229,000	5	2	2,724	5,662
43 South Main Street, Rutland, VT 05701	–	–	–	–	5,663
44 Morse Place, Rutland, VT 05701	$295,000	–	–	–	7,405
54 Morse Place, Rutland, VT 05701	$102,000	4	3	2,000	–
41 South Main Street, Rutland, VT 05701	$38,000	–	–	–	5,663
42 Morse Place, Rutland, VT 05701	$73,000	–	2	2,406	5,227
49 Morse Place, Rutland, VT 05701	$235,000	3	1	2,220	4,356
47 Morse Place, Rutland, VT 05701	$249,000	3	2	1,709	4,356
39 South Main Street, Rutland, VT 05701	–	–	–	–	4,356
50 South Main Street, Rutland, VT 05701	$109,000	–	2	2,300	3,484

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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 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 09/03/2026 09:54 PM

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