43 E State Street, Montpelier, VT 05602
Property image
Property image
SOLD
JAN 5, 2026
Listed by Jeanne Felmly, Dome Real Estate Group LLC, (802) 793-8370 . Bought with Ridgeline Real Estate

$676,300

Trulia Estimate
  • 5 Beds
  • 4 Baths
  • 2,793 sqft

43 E State Street, Montpelier, VT 05602

Refinance Your Home
Currently Off Market - Sold Jan 5, 2026 for $649,000

Home Value

Trulia Estimate
$676K
Since last month
Decreased$2K (-0.3%)
Since last year
Increased$161K (+31.3%)
Since last sale
Increased$26K (+3.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +179% in the last 10 years
MonthEstimated value
2026
September 2026$675K
August 2026$677K
July 2026$669K
June 2026$668K
May 2026$663K
April 2026$658K
March 2026$655K
February 2026$654K
January 2026$651K
2025
2024
2023
2022
2021
2020
2019
2017

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
53 North Street, Montpelier, VT
0.38
Multi-Family Home
$386,000
08/13/26
3
3
15,116
7 Charles Street, Montpelier, VT
0.34
Multi-Family Home
$412,500
08/20/26
2
2,342
93 Berlin Street, Montpelier, VT
0.37
Multi-Family Home
$305,000
08/25/26
2
1,968
17 Sibley Avenue, Montpelier, VT
0.51
Multi-Family Home
$368,875
12/05/25
-
3,194
56 Northfield Street, Montpelier, VT
0.43
Multi-Family Home
$70,000
03/13/26
2
3,378
2 Moonlight Terrace, Montpelier, VT
1.73
Multi-Family Home
$449,000
12/08/25
4
3
2,130
52 Northfield Street, Montpelier, VT
0.41
Multi-Family Home
$70,000
01/09/26
4
2,878
2892 US Route 2, East Montpelier, VT
4.34
Multi-Family Home
$349,000
08/11/26
5
3
3,035
2 Long Street, Barre, VT
5.14
Multi-Family Home
$295,000
11/06/25
5
4
2,304

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
46 East State Street, Montpelier, VT 05602
0.02
$469,000
3
1.5
1,824
For Sale
5 Wilder Street, Montpelier, VT 05602
0.07
$348,700
3
1
1,326
Off Market
2 First Avenue, Montpelier, VT 05602
0.13
$621,600
4
2
1,768
Off Market
1 Ridge Street, Montpelier, VT 05602
0.14
$515,000
3
2
2,157
Recently Sold
4 Downing Street, Montpelier, VT 05602
0.12
$624,700
3
2.5
2,048
Off Market
82 Barre Street, Montpelier, VT 05602
0.17
$374,700
3
2
1,872
Off Market
9 Guernsey Avenue, Montpelier, VT 05602
0.18
$381,800
3
2
1,523
Off Market
25 Saint Paul Street, Montpelier, VT 05602
0.18
$397,000
3
1.5
1,586
Recently Sold
143 Main Street, Montpelier, VT 05602
0.19
$760,000
3
3
3,227
For Sale
24 Saint Paul Street, Montpelier, VT 05602
0.20
$436,500
2
1
1,526
Off Market
14 Liberty Street, Montpelier, VT 05602
0.23
$699,000
6
2.5
2,656
Recently Sold

Local Information

  • Map ViewExplore the area around 43 E State Street.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1877
2,793 sqft
$232/sqft
Garage

About this House

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.
43 E State Street, Montpelier, VT 05602 is a 5 bedroom, 4 bathroom, 2,793 sqft multi-family built in 1877. It last sold for the $649,000 asking price on Jan 5, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $676,300, with a rent estimate of $1,773/month.

Home Details for 43 E State Street

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Interior Stairs,Unfinished,Interior Access,Interior Entry
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 2793 Square Feet
Appliances & Utilities
Utilities: PropaneAppliances: Electric Water Heater
Heating & Cooling
Heating: Propane,Gas HeaterNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Propane
Gas & Electric
Electric: 100 Amp Service
Windows, Doors, Floors & Walls
Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
Levels, Entrance, & Accessibility
Number of Stories: 2Levels: TwoFloors: Carpet, Ceramic Tile, Hardwood, Vinyl
View
No View

Exterior Features

Exterior Home Features
Roof: MembranePatio / Porch: Covered PorchFoundation: Concrete
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: Paved,Assigned,Off Street
Frontage
Road Frontage: PublicRoad Surface Type: Paved
Water & Sewer
Sewer: Public Sewer
Farm & Range
Frontage Length: Road frontage: 85
Finished Area
Finished Area (above surface): 2793 Square Feet

Property Information

Year Built
Year Built: 1877
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Apartment BuildingArchitecture: Apartment Building
Building
Construction Materials: Clapboard ExteriorNot a New Construction

Price & Status

Price
List Price: $649,000Price Per Sqft: $232/sqft

Location

Direction & Address
City: Montpelier
School Information
Elementary School: Union Elementary SchoolElementary School District: Montpelier School DistrictJr High / Middle School: Main Street Middle SchoolJr High / Middle School District: Montpelier School DistrictHigh School: Montpelier High SchoolHigh School District: Montpelier School District

Building

Building Area
Building Area: 3482 Square Feet

Lot Information

Lot Area: 10454.4 sqft

Miscellaneous

BasementMls Number: 5017370Above Grade Unfinished Area: 2793Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area: 689Below Grade Unfinished Area Source: Public RecordsBelow Grade Unfinished Area Units: Square Feet

Price and Tax history

DateEventPrice
Jan 5, 2026
Source: PrimeMLS #5017370
Sold
$649,000
Jan 2, 2026
Source: PrimeMLS #5017370
Contingent
$649,000
Oct 14, 2025
Source: PrimeMLS #5017370
Listed For Sale
$649,000
Oct 15, 2024
Source: PrimeMLS #5017370
ListingRemoved
$649,000
Oct 4, 2024
Source: PrimeMLS #5017370
Listed For Sale
$649,000

Market trends in Montpelier

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
32
1MoM

Around this home

What Locals Say about Montpelier

At least 25 Trulia users voted on each feature.

  • 97 % Say it's dog friendly

  • 88 % Say parking is easy

  • 85 % Say there's wildlife

  • 81 % Say yards are well-kept

  • 80 % Say it's walkable to grocery stores

  • 76 % Say it's walkable to restaurants

  • 75 % Say kids play outside

  • 75 % Say people would walk alone at night

  • 72 % Say car is needed

  • 69 % Say there's holiday spirit

  • 64 % Say neighbors are friendly

  • 63 % Say there are sidewalks

  • 58 % Say it's quiet

  • 52 % Say they plan to stay for at least 5 years

  • 50 % Say streets are well-lit

  • 46 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Usarmywife1
    "Open space and one thing if back wood walking trails. It has country roads and large wooded areas. There are plenty of dogs and it’s a great dog friendly community/town."
    5
    Flag
  • StephanIe Berard
    "The Friendly Community Members That Feel Like Family. The Friendliness Of The Neighborhood Stores And Churches and Another Way, The Restaurants That Are Affordable But Delicious. The Inspirational Artist Vibe."
    1
    Flag
  • Maureen
    "Montpelier is the smallest state Capital in the country. It is a small town and after living here for more than 30 years, it is a great place to live. The winters are long but if you like being outdoors are manageable. "
    2
    Flag
  • Steven
    "Great town with a strong community. Have raised 5 children here from kindergarten through high school. No regrets."
    0
    Flag
  • Usarmywife1
    "To my work and home is two minutes. Downtown is two minutes. To the highway is 4 minutes! Life is good in Montpelier, now who wants to buy our house?"
    0
    Flag
  • Usarmywife1
    "There are young families, older families and it’s a beautiful neighborhood with plenty of nature. Beautiful neighborhood to walk through."
    1
    Flag

LGBTQ Local Legal Protections

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 2026-09-19 01:03:30 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.

Frequently asked questions about 43 E State Street

  • What is 43 E State Street estimated to be worth?
    Trulia's estimated value for 43 E State Street in Montpelier, VT is $676,300.
  • What is the price history for 43 E State Street?
    43 E State Street in Montpelier, VT last sold for $649,000 in January 2026.
  • Is Montpelier a buyer's or seller's market?
    Montpelier is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Montpelier?
    Residents describe Montpelier, VT as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Montpelier, VT.

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7 rentals with air conditioning in Montpelier, VT

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