Six-Unit Renovated Apartment
For Sale
Under Contract
$1,100,000
184 Elm Street, Montpelier, VT 05602
Commercial Sale, Montpelier, VT
Property SizeContact for details
Lot Size0.28 Acres
Days on Market72
Property Features for 184 Elm Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Mixed Use Residential
Rooms
Basement
Parking features
Driveway, Assigned
Directions
Take exit 8 off I-89 onto US-2/VT-12 for .5 miles. Continue onto Memorial Dr for 1.2 miles. Turn left onto Main St for .5 miles. At Keck Cir, take the 2nd exit onto Spring St. for .1 Mile. Turn right onto Elm St. Property will be on your left in 236 feet. Please park on Road.
Standard status
Active Under Contract
Lot size
0.28 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
17411
Utilities
Water source
Public
Building Details
Year built
1850
Listing Agency:
KW Vermont-Stowe · Keller Williams Realty
(802) 760-3100
Listed By:
Kelly Realty Group
(802) 654-8500
Added: Aug 27
Changed: Nov 5
Last Checked: Nov 6 at 1:06PM
MLS# 5107094
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.
This six-unit apartment property at 184 Elm Street includes renovated units with updated kitchens and bathrooms. The building dates to 1850 and sits on 0.28 acres, with assigned parking and driveway access, a basement, and public water service. All units are occupied, providing established tenancy at the time of listing.
The property is within walking distance of downtown Montpelier, including restaurants, shops, cafes, entertainment, employment centers, and everyday amenities. Montpelier’s tenant base is supported by state government, Central Vermont Medical Center, National Life Group, Cabot Creamery, educational institutions, professional services, and local businesses. Zoning is Mixed Use Residential. An elevation certificate is available, and the property does not require flood insurance.
The property is within walking distance of downtown Montpelier, including restaurants, shops, cafes, entertainment, employment centers, and everyday amenities. Montpelier’s tenant base is supported by state government, Central Vermont Medical Center, National Life Group, Cabot Creamery, educational institutions, professional services, and local businesses. Zoning is Mixed Use Residential. An elevation certificate is available, and the property does not require flood insurance.
Key Highlights
- Six‑unit multifamily property with 100% occupancy
- Renovated units with modern kitchens and bathrooms
- 0.28‑acre property at 184 Elm Street, Montpelier, VT 05602
Property Analytics
Who owns this building?
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Lease Details
6
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,344
Businesses Nearby
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Business Placement
Demographics for 05602, VT
12,235
Population
5,961
Households
2.1
Avg Household Size
46
Median Age
61%
College-Educated
97%
High-School Grad
87.8 sq mi
ZIP Area
139
Density / Sq Mi
$81,552
Median Household Income
$51,127
Median Earnings
$1,184
Median Rent
$341,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied property with updated kitchens, bathrooms, assigned parking, and public water service.
Where is this apartment building located?
The property is located at 184 Elm Street Montpelier, VT.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Six‑unit multifamily property with 100% occupancy; Renovated units with modern kitchens and bathrooms; 0.28‑acre property at 184 Elm Street, Montpelier, VT 05602
