Colonial Duplex with
1186 Route 133, Ira, VT 05777
For Sale
$440,000
Multi-Family, Ira, VT
Property Size3,808 SF
Lot Size7.10 Acres
Price / SF$115.55
Days on Market460
Property Features for 1186 Route 133
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Exterior features
Appliances
Lot features
Directions
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Water source
Amenities
greenhouse
barn
fireplace
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Additional Structures
Listing Agency:
Westside Real Estate
Listed By:
Melissa Loughan
(802) 438-5341
Added: Aug 12, 2025
Changed: Nov 11
Last Checked: Nov 14 at 12:06AM
MLS# 5056159
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1807, this 3,808-square-foot Colonial includes five bedrooms, with a separate one-bedroom in-law suite served by its own propane furnace. The residence features an eat-in kitchen with tile counters, formal dining and living rooms, first-floor laundry, three bathrooms, hardwood, softwood, vinyl, and carpet flooring, plus attic rooms and a skylit sewing room. An attached heated three-car garage has an 11-foot ceiling and 10-foot doors.
Set on 7.1 acres in Ira, the property includes a barn with four stalls and storage, a 12-foot by 25-foot greenhouse, shed, deck, patio, mudroom, and utility room. Water service includes a drilled well and shallow spring well, while the slate roof and vinyl siding provide established exterior materials. The property is near West Rutland, Rutland, skiing, shopping, and the lakes region.
Set on 7.1 acres in Ira, the property includes a barn with four stalls and storage, a 12-foot by 25-foot greenhouse, shed, deck, patio, mudroom, and utility room. Water service includes a drilled well and shallow spring well, while the slate roof and vinyl siding provide established exterior materials. The property is near West Rutland, Rutland, skiing, shopping, and the lakes region.
Key Highlights
- 3,808‑square‑foot Colonial built in 1807
- Five bedrooms, including a separate 1‑bedroom in‑law suite with its own propane furnace
- Attached heated 3‑car garage with 11' ceiling and 10' doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,086
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,720
$721.7K
Cap Rate 7%
$515,514
$515.5K
Cap Rate 9%
$400,956
$401.0K
Market Conditions
NOI Build-Up for 3,808 SF
Gross rent
$52.6K $13.80/SF
− Vacancy
−$998 −$0.26/SF
EGI
$51.6K $13.54/SF
− OpEx
−$15.5K −$4.06/SF
NOI
$36.1K $9.48/SF
Area
Rutland County, VT
Vacancy
1.90%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,720
Cap Rate 7%
$515,514
Cap Rate 9%
$400,956
Alternative Uses
Best Use
Multifamily LT 5
$515.5K
$451.1K – $601.4K
NOI $36,086 @ 7.0% cap · market cap 8.20%
Second Best
Apartment 5plus
$475.0K
$415.6K – $554.2K
NOI $33,251 @ 7.0% cap · market cap 7.56%
Theoretical Best
Healthcare Medical
$663.0K
$580.1K – $773.5K
NOI $46,411 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
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Business Placement
Demographics for 05777, VT
3,100
Population
1,530
Households
2
Avg Household Size
46
Median Age
37%
College-Educated
94%
High-School Grad
44.5 sq mi
ZIP Area
70
Density / Sq Mi
$60,821
Median Household Income
$44,474
Median Earnings
$1,085
Median Rent
$193,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Rutland County, VT
Properties on Market for Duplexes in Rutland County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Colonial property with a one-bedroom in-law suite, attached heated garage, barn, greenhouse, and additional outbuildings.
Where is this duplex located?
The property is located at 1186 Route 133 Ira, VT.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 3,808‑square‑foot Colonial built in 1807; Five bedrooms, including a separate 1‑bedroom in‑law suite with its own propane furnace; Attached heated 3‑car garage with 11' ceiling and 10' doors
