43 E State Street Montpelier, VT $ 649,000
43 E State Street
$ 649,000
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43 E State Street

Montpelier, VT, 05602
$ 649,000
Bedrooms5 Baths4.0 Sq 2,793

Monthly Estimate*

$ 4,049

Listed by Jeanne Felmly, Dome Real Estate Group LLC, 802-793-8370, jeanne@domerealestategroup.com
43 E State Street, Montpelier, VT 05602 - Image 1
43 E State Street, Montpelier, VT 05602 - Image 2
43 E State Street, Montpelier, VT 05602 - Image 3
43 E State Street, Montpelier, VT 05602 - Image 4
43 E State Street, Montpelier, VT 05602 - Image 5
43 E State Street, Montpelier, VT 05602 - Image 6
43 E State Street, Montpelier, VT 05602 - Image 7
43 E State Street, Montpelier, VT 05602 - Image 8

Multi-Family Home for sale in Montpelier, VT

for $649,000 with 5 bedrooms and 4 full baths. This 2,793 square foot home was built in 1877 on a lot size of 0.24.

Exceptional Investment Opportunity in the Heart of Downtown Montpelier!This four-unit multifamily property offers a rare chance to own a well-maintained income producer in Vermont’s vibrant capital city. Completely renovated in 1984—with a poured concrete foundation, new electrical, and modern plumbing—this property has been carefully maintained for over 40 years by the same owner. Three of the four spacious units feature beautiful hardwood flooring and each has its own designated off-street parking space. Tenants enjoy unbeatable convenience with public transportation, shopping, dining, bars, the hospital, and the I-89 corridor all just minutes away.Whether you’re seeking a solid addition to your portfolio or a seamless 1031 exchange opportunity, this property is a standout. Thoughtfully cared for and ideally located, it’s a perfect fit for the discerning investor.

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Multi-Family Contingent

Price

$ 649,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment Building

Lot Size

0.24

Year Built

1877

Town/City

Montpelier

County/Region

Washington

MLS | Web ID

5017370

Features
Interior
Basement Description Interior Stairs Unfinished Interior Access
Basement Yes
Flooring Carpet Ceramic Tile Hardwood Vinyl
Total Number of Units 4
Unit 4 Bedrooms 1
Total Full Baths 4
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General
Road Frontage Yes
Sewer Public
Heating Propane Gas Heater
Cooling None
Utilities Propane
Roof Membrane
Appliances Electric Water Heater
Garage Yes
Flood Zone No
Zoning RESD 1
Year Built 1877
Electric 100 Amp Service
Style Apartment Building
Stories Count 2
Construction Status Existing
Net Income 39285.16
Assessment Amount 438800
Tax Year 2024
Gross Income 57000
Status Detail 1
Covenants Unknown
Construction Materials Clapboard Exterior
Directions From Main Street in downtown turn onto East State Street. Go 0.1 mile property on right.
High School Montpelier High School
City Montpelier
School District Montpelier School District
Seasonal No
Elementary School Union Elementary School
Middle School Main Street Middle School
DOM 103
Price Per Sq Ft Total AG 232.37
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Exterior
Lot Features City Lot Sidewalks In Town Near Shopping Neighborhood Near Public Transportatn Near Hospital
Exterior Amenities Covered Porch
Driveway Paved
Lot Size Area 0.24
Water Source Public
Parking Features Assigned Off Street
Garage Capacity 2
Foundation Concrete
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* Excluded Features
List By
Jeanne Felmly

Listing Agent

Dome Real Estate Group Llc

Broker

(802) 793-8370

Phone

jeanne@domerealestategroup.com

Email

Affordability Calculator

$4,049
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,049
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1784383 Elementary School
624910 Middle School
Montpelier High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2025$649,000 Listed Price

Map


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43 E State Street, Montpelier, VT, 05602 is a Multi-Family Home for sale at $649,000 with 2,793 sqft and a lot size of 0.24. 43 E State Street has 5 bedrooms, 4.0 baths, and was built in 1877. The property's zip code is 05602 which is in Montpelier, VT