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Renovated Duplex With Rental Income
For Sale
$279,900

18 Eastern Avenue, Barre, VT 05641

Updated two-unit property with leased apartments and driveway parking.

Property Size1,782 SF
Lot Size0.25 Acres
Price / SF$157.07
Days on Market20

Property Features for 18 Eastern Avenue

General Information

Standard status Active
Size 1,782 SF
Lot size 0.25 Acres
Property subtype Multi-family

Additional Details

Cap Rate 8.44%
Multifamily Units 2

Building Details

Year Built 1930
Buildings 1
Tenancy Multi
Listing Agency: RE/MAX North Professionals
Listed By: Mikail Stein
Source: Vthomesonline
Added: Aug 11 Changed: Aug 28 Last Checked: Aug 29 at 10:49AM

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 RE/MAX North Professionals

Investment Insights

Based on property information with market context.

Located at 18 Eastern Avenue in Barre City, this duplex contains two apartments with a combined four bedrooms and two bathrooms. The property was built in 1930 and occupies 1/4 acre with driveway parking. Both units have been repainted, while flooring and several appliances have been updated. A recently installed oil tank and completed exterior work further document the property’s recent improvements.

The apartments are leased to two tenants, and the property reports an 8.44% cap rate. Its configuration also supports owner occupancy in one unit while the other remains leased. Local amenities, shopping, and commuter routes are identified nearby, adding practical convenience for residents.

Key Highlights

  • Duplex with 4 total bedrooms and 2 baths
  • 1/4‑acre property with driveway parking
  • Leased to two tenants

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Pharmacy (Bike/Boat/Book/etc) Store Butcher Tech Support Center

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

772
Businesses Nearby

Demographics for 05641, VT

16,709
Population
8,053
Households
2.1
Avg Household Size
44
Median Age
34%
College-Educated
93%
High-School Grad
67.1 sq mi
ZIP Area
249
Density / Sq Mi
$70,019
Median Household Income
$46,726
Median Earnings
$1,024
Median Rent
$241,700
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 two-unit property with leased apartments and driveway parking.
Where is this duplex located?
The property is located at 18 Eastern Avenue Barre, VT.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Duplex with 4 total bedrooms and 2 baths; 1/4‑acre property with driveway parking; Leased to two tenants
More about this property
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