74 Traverse Pl

$200,000
Price
31,798 / 0.73
Lot Size / Acres

Description

Unlock the potential of this prime 0.73-acre parcel in the heart of Rutland City—a ready-to-go investment project ideal for developers or portfolio builders. Current engineering plans support either of the following configurations: Two 2-story buildings with a total of 9 spacious residential units, OR Up to 20 efficiency apartments—perfect for maximizing rental income and meeting local housing demand. Ample on-site parking included, and the lot is well-positioned with easy access and infrastructure...Unlock the potential of this prime 0.73-acre parcel in the heart of Rutland City—a ready-to-go investment project ideal for developers or portfolio builders. Current engineering plans support either of the following configurations: Two 2-story buildings with a total of 9 spacious residential units, OR Up to 20 efficiency apartments—perfect for maximizing rental income and meeting local housing demand. Ample on-site parking included, and the lot is well-positioned with easy access and infrastructure planning underway. Located just minutes from shopping, restaurants, and public transit, this property offers a highly desirable location for tenants and investors alike. Whether you're looking to develop workforce housing, student rentals, or a small apartment complex, this flexible project allows you to take the reins and bring your vision to life.
  1. Listed by Mark Noble • Welcome Home Real Estate

Property Details for 74 Traverse Place

Zoning
mixed residential
LISTING UPDATED: 09/05/2025 12:02 PM

Property Details for 74 Traverse Place

StatusActive
MLS #5059844
Days on Market99
Taxes$1,039 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.73 AC
CountyRutland County

Location

Listing Courtesy of Welcome Home Real Estate
Add your commute

Building Information for 74 Traverse Place

Lot Size0.73 AC

Payment Calculator

$1,075 per month

30 year fixed, 6.28% Interest

Principal and Interest

$988

Property Taxes

$87

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 74 Traverse Place

Summary
Location and General Information
  • City: Rutland City
  • County: VT-Rutland
  • Latitude: 43.605839000000998
  • Longitude: -72.985687999999996
  • Road Frontage: Yes
  • State: VT
  • Street Designation: Place
  • Zip Code: 05701
Taxes and HOA Information
  • SPAN Number: 540-170-14098
  • Tax Year: 2023
  • Taxes TBD: No
Property
Lot Information
  • Lot Features: Near Golf Course, Neighborhood, City Lot, Condo Development, Level, Rental Complex
  • Lot Size Acres: 0.73
  • Road Frontage Length: 99.0
Property and Assessments
  • Current Use: No
  • Property Class: Land
  • Flood Zone: Yes
  • Resort: No
  • Surveyed: Unknown
Utilities
  • Electric: At Street
  • Sewer: Public Sewer at Street
  • Water Source: Public Water at Street
  • Utilities: Cable Available, Telephone Available
  • Internet: High Speed Intrnt Avail

Property History for 74 Traverse Place

DateEvent & SourcePriceAppreciation
Sep 5, 2025

Listed (Active)

New England Real Estate Network #5059844

$200,000
Dec 14, 2020

Sold

New England Real Estate Network #4810925

$45,000
Dec 12, 2020

Pending

New England Real Estate Network #4810925

Nov 25, 2020

Sold (Public Record)

Public Record #684144229

$45,000
Jun 13, 2020

Listed (Active)

New England Real Estate Network #4810925

$59,000
Jul 25, 2017

Expired

New England Real Estate Network #4507758

Aug 1, 2016

Listed (Active)

New England Real Estate Network #4507758

$59,000
Feb 7, 2015

Expired

New England Real Estate Network #4340515

Mar 7, 2014

Listed (Active)

New England Real Estate Network #4340515

$59,000
DateEvent & SourcePrice
09/05/2025

Listed (Active)

New England Real Estate Network #5059844

$200,000
12/14/2020

Sold

New England Real Estate Network #4810925

$45,000
12/12/2020

Pending

New England Real Estate Network #4810925

11/25/2020

Sold (Public Record)

Public Record #684144229

$45,000
06/13/2020

Listed (Active)

New England Real Estate Network #4810925

$59,000
07/25/2017

Expired

New England Real Estate Network #4507758

08/01/2016

Listed (Active)

New England Real Estate Network #4507758

$59,000
02/07/2015

Expired

New England Real Estate Network #4340515

03/07/2014

Listed (Active)

New England Real Estate Network #4340515

$59,000

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

Public Records for 74 Traverse Place

Taxable ValueLand$30,100Additions-Total$30,100
Home Facts
Lot Size31,799 SqFtStyleMiscellaneousCountyRUTLANDAPN(170) 14098

Schools near 74 Traverse Place

This home is within Rutland City School District.
Rating
School
Type
Grades
Distance
Public - 3 to 6
Public - 7 to 8
Public - 9 to 12
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 Northwest 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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74 Traverse Place is a 0.73 ac of land for sale in Rutland, VT 05701. This property was listed for sale on September 5, 2025 by Welcome Home Real Estate, it's currently listed at $200,000. It has been on the market for a total of 99 days and was last sold on December 14, 2020. This listing's school district is Rutland City School District. Nearby schools include Rutland Intermediate School, Rutland Middle School and Rutland Senior High School. 74 Traverse Place is a 0-bed, 0-bath, 0.73 ac of land on a 31,798 sq. ft. / 0.73 acres lot.

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 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 Welcome Home Real Estate

Copyright 2025 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 12/13/2025 02:26 PM