Listed by Hughes Group Team, Casella Real Estate, (802) 772-7487 . Bought with Watson Realty & Associates
40 East Center Street
Rutland, VT 05701
Rutland City- 3 Beds
- 2 Baths
- 1,848 sqft
3 Beds
2 Baths
1,848 sqft
Local Information
-- mins to
Last check for updates: about 1 hour ago
Listed by Hughes Group Team
Casella Real Estate, (802) 772-7487
Bought with: Mike Kalil, Watson Realty & Associates, (802) 773-3500
Source: PrimeMLS, MLS#4954280

Description
This well maintained 2-unit property offers many possibilities. Purchase it as an investment property or to owner occupy one of the units so you can supplement your mortgage with the rental income from the 2nd unit. The first floor is a 1 bedroom with a full bath, living room, and spacious kitchen. The second-floor unit is a 2 bedroom, with a full bath, living room, kitchen, and even has a bonus room on the 3rd floor. A previous seller had plans to turn the 3rd level into an efficiency unit, but never finished the project, this could be a future possibility. The first-floor tenant will be moving out at the end of June offering the ability to move right in or increase the rent to market price.
40 East Center Street, Rutland, VT 05701 is a 3 bedroom, 2 bathroom, 1,848 sqft multi-family in Rutland City, built in 1920. It last sold for $192,000 on Aug 31, 2023 (8% below the $209,000 asking price). It is currently off market. The Trulia Estimate is $250,700, with a rent estimate of $1,879/month.
Home Highlights
Parking
No Info
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 40 East Center Street
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MLS Status: Closed |
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Interior Details Basement: Concrete Floor,Exterior Stairs,Sump Pump,Unfinished,Walk-Up Access |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1848 Square Feet |
Appliances & Utilities Utilities: Phone AvailableAppliances: Electric Water Heater |
Heating & Cooling Heating: Oil,Hot WaterNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Oil |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Flooring: Carpet, Laminate, Wood |
Levels, Entrance, & Accessibility Number of Stories: 2Levels: Two, Multi-LevelFloors: Carpet, Laminate, Wood |
View No View |
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Exterior Home Features Roof: Asphalt ShinglePatio / Porch: PorchFoundation: Brick, Stone |
Parking & Garage No GarageParking: Paved |
Frontage Road Frontage: TBD, PublicRoad Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1848 Square Feet |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Four Square |
Building Construction Materials: Wood Frame, Vinyl ExteriorNot a New Construction |
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Price List Price: $209,000 |
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Direction & Address City: Rutland City |
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Building Area Building Area: 2772 Square Feet |
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Lot Area: 4792 sqft |
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BasementMls Number: 4954280Above Grade Unfinished Area: 1848Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area: 924Below Grade Unfinished Area Source: Public RecordsBelow Grade Unfinished Area Units: Square Feet |
Price History for 40 East Center Street
| Date | Price | Event | Source |
|---|---|---|---|
| 08/31/2023 | $192,000 | Sold | PrimeMLS #4954280 |
| 06/21/2023 | $209,000 | Contingent | PrimeMLS #4954280 |
| 05/25/2023 | $209,000 | Listed For Sale | PrimeMLS #4954280 |
| 06/17/2021 | $137,500 | Sold | PrimeMLS #4852068 |
| 04/15/2019 | $125,000 | ListingRemoved | Agent Provided |
| 11/20/2018 | $125,000 | PriceChange | Agent Provided |
| 11/01/2018 | $129,000 | PriceChange | Agent Provided |
| 10/15/2018 | $136,000 | Listed For Sale | Agent Provided |
Market trends in Rutland
Last updated May 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
51
1MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | |
| Assessment | $143,400 |
Home facts updated by county records
Comparable Sales for 40 East Center Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Multi-Family Home | $190,000 | 06/08/26 | 3 | 2 | 1,519 | |
0.22 | Multi-Family Home | $245,000 | 04/15/26 | 4 | 2 | 1,784 | |
0.14 | Multi-Family Home | $220,000 | 04/10/26 | 3 | 3 | 2,062 | |
0.40 | Multi-Family Home | $285,000 | 09/19/25 | 3 | 2 | 1,774 | |
0.40 | Multi-Family Home | $230,000 | 12/22/25 | 4 | 2 | 2,574 | |
0.59 | Multi-Family Home | $255,000 | 01/12/26 | 5 | 2 | 1,936 | |
0.11 | Multi-Family Home | $315,000 | 07/31/25 | 5 | 4 | 2,499 | |
0.52 | Multi-Family Home | $120,000 | 03/06/26 | 6 | 2 | 2,556 | |
0.19 | Multi-Family Home | $340,000 | 02/09/26 | 4 | 3 | 2,813 | |
0.69 | Multi-Family Home | $235,000 | 04/16/26 | 4 | 2 | 2,308 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 40 East Center Street.
What Locals Say about Rutland City
At least 70 Trulia users voted on each feature.
90 % Say parking is easy
87 % Say it's dog friendly
84 % Say yards are well-kept
82 % Say car is needed
75 % Say there's holiday spirit
73 % Say there are sidewalks
66 % Say kids play outside
66 % Say it's walkable to grocery stores
62 % Say it's walkable to restaurants
57 % Say there's wildlife
57 % Say neighbors are friendly
53 % Say they plan to stay for at least 5 years
48 % Say people would walk alone at night
45 % Say it's quiet
34 % Say streets are well-lit
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 40 East Center Street
Off Market Homes Near 40 East Center Street

Copyright 2026 PrimeMLS, Inc. All rights reserved.
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 2026-07-06 01:48:21 PDT.
This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.
This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.

