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Recently Renovated Duplex with Separate Utilities

209 State Street Rutland, VT 05701

209 State Street, Rutland, VT, 05701
$469,000
For Sale
$469,000

MULTI_FAMILY - Other - Rutland City, VT

Property Size3,234 SF
Lot Size0.15 Acres
Price / SF$145.02
Days on Market48

Property Features for 209 State Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 5, Bedroom 4, Bedroom 1, Bathroom 3, Basement, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
Patio and Porch features
Porch
Exterior features
Porch, Covered Porch, Enclosed Porch
Standard status
Active
Size
3,234 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
5449

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Baseboard, Radiant
Water source
Public

Building Details

Year built
1905
Floors in Building
2
Number of units
2
Flooring type
Tile, Hardwood, Vinyl
Building materials
Wood Frame
Architectural style
Other
Listing Agency www.HomeZu.com
292 Newbury St. #346, Boston, VT
Listed by Jason Saphire · License #9086666
Added: Jun 3 Checked: Jul 20 at 4:06 am
MLS# 5092664 Listing URL

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.


Investment Insights

Based on property information with market context.

This turnkey, recently renovated duplex offers separate utility setups for each unit, including individual water meters, electric, oil, and heating systems. The property has updated plumbing and electrical, new appliances (installed within about two years), and freshly painted interior and exterior finishes. Original wood floors and a wraparound porch add character while modernization includes smart locks integrated into the entry and updated kitchen and bath features. The first floor includes a new master bath/shower and an upgraded kitchen, while the second floor features a sunroom with mountain views, plus updated kitchen and bath flooring. Additional improvements include a dry, insulated basement with a vapor barrier and a serviced sump pump, attic insulation with 16" blown-in coverage, and a 10-camera Wi-Fi security system with monitored smoke/CO detectors and motion/window sensors.

Located at 209 State Street in Rutland City, the property is described as being in the heart of the city, with minutes to Killington and nearby shopping and events.

With a current occupancy permit noted in the remarks, the duplex is positioned for either traditional rental use or short-term rental operation from day one, and it was previously used as an Airbnb and ski rental. The basement and mechanical upkeep are supported by reported recent work such as slate roof maintenance completed in 6/25, two newer furnaces, an on-site water filtration system, and three new Trex staircases. The property also includes EV/RV 30-amp plugs and ample parking. A completed condo conversion is mentioned, allowing the units to be sold separately.

Key Highlights

  • Assumable loan option at 4.625% for qualified buyers
  • Over 3,200 sq ft duplex with current occupancy permit—previously used as an Airbnb and ski rental
  • True utility separation: water meters plus electric, oil, and heating systems for each unit

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office HVAC Service Real Estate Agency (Bike/Boat/Book/etc) Store Garden Center Grocery & Convenience Store Home Appliance Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Turnkey duplex with true utility separation, updated systems, and a wraparound porch, ready for rental income or owner occupancy.
Where is this duplex located?
The property is located at 209 State Street Rutland, VT.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Assumable loan option at 4.625% for qualified buyers; Over 3,200 sq ft duplex with current occupancy permit—previously used as an Airbnb and ski rental; True utility separation: water meters plus electric, oil, and heating systems for each unit
Contact an agent
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