Montpelier VT Multi-Family Homes

Buying a multi family home in Montpelier is a great way for the owner to build equity while collecting a monthly stream of income. Sizes range from 2-3 family to small apartment buildings and you’ll also find some development sites. Explore currently listed multi family properties in Montpelier VT below. You may also like to view all available multi family homes in Central Vermont.

Multi Family Homes for Sale Montpelier VT

Call Heney Realtors at 800-696-1456 or contact us online with questions or to see any of these properties in person.

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131-133 Elm Street Montpelier VT 05602

Montpelier, VT131-133 Elm Street

Price$450,000

Est. Mortgage: $/month

MLS Number 5021802

  • Multifamily
  • Address 131-133 Elm Street
  • Units 6
  • Bathroom 4
  • Acreage 0.12

Attention investors! Classic historic building, with mixed commercial/office and residential use, in a convenient downtown Montpelier location. The unit mix includes three 1-bedroom apartments, and an assortment of small private offices and suites. Potential to expand the residential use. Some units are leased and some vacant, offering flexible opportunity for the future owner. Charming historic wood details, nice natural light, small shared backyard, and river views. Flood protection measures in place, including raised boiler and electric panel. New boiler and mansard roof within the last year. Agent is related to the seller.

Listed by Jessica Laffal of Element Real Estate (802-497-2575)

$
$
%
$/month over payments
Federal 30-year interest rate: 6.65% last updated on Mar 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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27 Court Street Montpelier VT 05602

Montpelier, VT27 Court Street

Price$455,000

Est. Mortgage: $/month

MLS Number 5021048

  • Multifamily
  • Address 27 Court Street
  • Units 3
  • Bathroom 3
  • Acreage 0.1

Dive into an extraordinary opportunity with this beautifully transformed triplex! Meticulously renovated down to the studs, every element has been upgraded, featuring brand-new mechanical systems, top-notch insulation, complete basement waterproofing, and modern drywall. With the addition of a fabulous skylight and other fine details, these units are primed to be irresistibly charming! Here's the icing on the cake: perched high on the desirable east side of State Street, this property has remained unfazed by the flooding that has affected much of Montpelier over the past two years. There is a significant shortage of livable rental properties in the vibrant downtown area. Seize this unique chance to tap into that high demand! Currently, the renovation is about 85% complete, leaving some work needed to bring this unique building to its final form. Sold "as is, where is" it is an exciting canvas ready for your vision! Seller financing available.

Listed by Leonard Gulino of Coldwell Banker Hickok and Boardman (802-863-1500)

$
$
%
$/month over payments
Federal 30-year interest rate: 6.65% last updated on Mar 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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254 Elm Street Montpelier VT 05602

Montpelier, VT254 Elm Street

Price$749,000

Est. Mortgage: $/month

Pending

MLS Number 5019974

  • Multifamily
  • Address 254 Elm Street
  • Units 7
  • Acreage 0.24
  • Square Feet 8,165

Discover this exceptional 7-unit apartment building, ideally situated just moments from downtown Montpelier. This property features newer windows and offers ample parking, making it an attractive choice for tenants. With its prime location, you'll benefit from easy access to local amenities, shops, and restaurants, enhancing its appeal for renters. Whether you're a seasoned investor or looking to expand your portfolio, this building presents a fantastic opportunity to capitalize on Montpelier's thriving rental market. Don't miss your chance to own a piece of this vibrant community! Contact us today for more details and to schedule a viewing.

Listed by Heney Realtors - Element Real Estate (Barre)

$
$
%
$/month over payments
Federal 30-year interest rate: 6.65% last updated on Mar 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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29 College Street Montpelier VT 05602

Montpelier, VT29 College Street

Price$649,000

Est. Mortgage: $/month

MLS Number 5011944

  • Multifamily
  • Address 29 College Street
  • Units 2
  • Bathroom 1
  • Acreage 0.14

Discover the charm of this beautiful historic home, currently utilized as a duplex but easily convertible back to a single-family residence. This property features a wrap around porch, convenient carport, beautiful hardwood floors, updated kitchens and baths, and a sunroom upstairs that invites natural light and warmth. The dry walk-out basement, unaffected by recent flooding, houses a high-efficiency Buderus boiler and a classic soapstone laundry sink. Situated directly across from the Vermont College Green and just a block from Sabin's Pasture with its scenic walking trails, this property offers both comfort and convenience in the heart of Montpelier, whether you're seeking an investment opportunity or a place to call home.

Listed by Ruby Klarich and Soren Pfeffer of Central Vermont Real Estate (802-225-1310)

$
$
%
$/month over payments
Federal 30-year interest rate: 6.65% last updated on Mar 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

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Copyright 2025 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 March 15, 2025 12:37 AM EDT