Listed by Jeanne Felmly, Dome Real Estate Group LLC, (802) 793-8370 . Bought with Ridgeline Real Estate
43 E State Street
Montpelier, VT 05602
- 5 Beds
- 4 Baths
- 2,793 sqft
$649,000
Last Sold: Jan 5, 2026
$232/sqft
$649,000
Last Sold: Jan 5, 2026
$232/sqft
5 Beds
4 Baths
2,793 sqft
Local Information
-- mins to
Last check for updates: about 11 hours ago
Listed by Jeanne Felmly
Dome Real Estate Group LLC, (802) 793-8370
Bought with: Andrea Hossley, Ridgeline Real Estate, (802) 540-1366
Source: PrimeMLS, MLS#5017370

Description
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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from January 05, 2026
Home Highlights
Parking
Garage
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
$232/sqft
Listed
180+ days ago
Home Details for 43 E State Street
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MLS Status: Closed |
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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 |
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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 |
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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 |
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Price List Price: $649,000Price Per Sqft: $232/sqft |
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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 |
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Building Area Building Area: 3482 Square Feet |
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Lot Area: 10454.4 sqft |
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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 History for 43 E State Street
| Date | Price | Event | Source |
|---|---|---|---|
| 01/05/2026 | $649,000 | Sold | PrimeMLS #5017370 |
| 01/02/2026 | $649,000 | Contingent | PrimeMLS #5017370 |
| 10/14/2025 | $649,000 | Listed For Sale | PrimeMLS #5017370 |
| 10/15/2024 | $649,000 | ListingRemoved | PrimeMLS #5017370 |
| 10/04/2024 | $649,000 | Listed For Sale | PrimeMLS #5017370 |
Market trends in Montpelier
Last updated May 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
31
5MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | |
| Assessment | $438,800 |
Home facts updated by county records
Comparable Sales for 43 E State Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.46 | Multi-Family Home | $499,000 | 08/07/25 | 4 | 3 | 2,580 | |
0.27 | Multi-Family Home | $400,000 | 08/29/25 | 3 | 4 | 4,645 | |
0.51 | Multi-Family Home | $368,875 | 12/05/25 | - | 3,194 | ||
0.43 | Multi-Family Home | $70,000 | 03/13/26 | 2 | 3,378 | ||
1.73 | Multi-Family Home | $449,000 | 12/08/25 | 4 | 3 | 2,130 | |
0.41 | Multi-Family Home | $70,000 | 01/09/26 | 4 | 2,878 | ||
5.14 | Multi-Family Home | $295,000 | 11/06/25 | 5 | 4 | 2,304 | |
5.06 | Multi-Family Home | $270,000 | 11/25/25 | 5 | 4 | 2,700 | |
4.99 | Multi-Family Home | $207,500 | 09/16/25 | 6 | 3 | 1,956 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 43 E State Street.
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.
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Homes for sale near 43 E State Street
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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 2026-06-22 12:40:57 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.
43 E State Street, Montpelier, VT 05602 is a 5 bedroom, 4 bathroom, 2,793 sqft multi-family built in 1877. This property is not currently available for sale. 43 E State Street was last sold on Jan 5, 2026 for $649,000 (0% higher than the asking price of $649,000). The current Trulia Estimate for 43 E State Street is $662,700.

