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Historic Two-Family Home
For Sale
$280,000
Pending

129 Lincoln Ave, Rutland, VT 05701

Updated duplex with four bedrooms, preserved early-1900s details, and a two-bedroom first-floor residence.

Property SizeContact for details
Days on Market11

Property Features for 129 Lincoln Ave

General Information

Standard status Pending
Property subtype Investment

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Building Details

Year Built 1910
Buildings 1
Units 2
Listing Agency:
Listed By: Karen Heath
Source: Elliman
Added: Aug 12 Changed: Aug 20 Last Checked: Aug 19 at 12:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Karen Heath

Investment Insights

Based on property information with market context.

Built in 1910, this two-family property combines a practical layout with substantial historic character. The first-floor residence includes two bedrooms, a living room, dining room, kitchen with oak cabinetry, and a generous entry. The second unit adds two more bedrooms, bringing the building total to four. Original details include built-ins, a pocket door, crown molding, detailed woodwork, and solid wood doors.

Recent work includes bathroom vanity upgrades, plaster repair, interior painting, carpet removal, plumbing improvements, new porch supports, and newer mechanical components including the boiler, expansion tank, piping, and hot water heater. With proper City of Rutland approval, the property may also be converted to a single-family residence. Rotary Park is located around the corner and includes a playground, tennis courts, and open fields. The home has a walk score of 75 and a bike score of 51.

Key Highlights

  • Two‑family property with 4 total bedrooms
  • Built in 1910 with early‑1900s architectural details
  • First‑floor unit includes 2 bedrooms, dining room, oak cabinetry, and spacious entry

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Garden Center Plumbing Service Kitchen & Bath Showroom Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby

Demographics for 05701, VT

20,349
Population
10,528
Households
1.9
Avg Household Size
48
Median Age
34%
College-Educated
93%
High-School Grad
67.7 sq mi
ZIP Area
301
Density / Sq Mi
$58,744
Median Household Income
$41,391
Median Earnings
$963
Median Rent
$202,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Updated duplex with four bedrooms, preserved early-1900s details, and a two-bedroom first-floor residence.
Where is this duplex located?
The property is located at 129 Lincoln Ave Rutland, VT.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Two‑family property with 4 total bedrooms; Built in 1910 with early‑1900s architectural details; First‑floor unit includes 2 bedrooms, dining room, oak cabinetry, and spacious entry
More about this property
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