7-Unit Apartment
For Sale
Under Contract
$695,275
254 Elm Street, Montpelier, VT 05602
Multi-Family, Montpelier, VT
Property Size8,165 SF
Lot Size0.24 Acres
Price / SF$85.15
Days on Market94
Property Features for 254 Elm Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Mixed Use Residential
Bedrooms
13
Bathrooms
8
Full bathrooms
8
Rooms
Bathroom 5, Bedroom 12, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 8, Bedroom 7, Bedroom 10, Bedroom 4, Bathroom 7, Bathroom 6, Bedroom 2, Bathroom 3, Bedroom 8, Bedroom 5, Bedroom 6, Bedroom 9, Bathroom 2, Bedroom 11, Bathroom 4, Bedroom 13, Basement
Lot features
City Lot, Corner
Directions
From downtown Montpelier, head north on Main Street and continue onto Elm Street. Property is located on the left at 254 Elm Street, approximately 0.7 miles from the State House.
Standard status
Active Under Contract
Size
8,165 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
13190
Utilities
Utilities
Cable Available
Heating system
Oil, Baseboard
Water source
Public
Building Details
Year built
1890
Floors in Building
3
Number of units
7
Building materials
Wood Frame
Roof type
Shingle, Membrane
Architectural style
Other
Listing Agency:
RE/MAX North Professionals · RE/MAX International
Listed By:
Gurjot Singh
(802) 655-3333
Added: Jun 21
Changed: Sep 15
Last Checked: Sep 22 at 6:06PM
MLS# 5096015
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 7-unit apartment property at 254 Elm Street contains 8,165 square feet on a 0.24-acre parcel. Built in 1890 with wood-frame construction, the building includes multiple bedrooms and bathrooms, along with a basement. Heating is provided by oil-fired baseboard systems, and the property has public water service and cable availability. The roof incorporates both shingle and membrane materials.
The property is in Montpelier, Vermont, near downtown restaurants, shops, recreation, and community amenities. Interstate 89 offers regional access through Central Vermont. The property is not located in an active FEMA-designated flood zone and was not impacted by flooding events. Zoning is Mixed Use Residential.
The property is in Montpelier, Vermont, near downtown restaurants, shops, recreation, and community amenities. Interstate 89 offers regional access through Central Vermont. The property is not located in an active FEMA-designated flood zone and was not impacted by flooding events. Zoning is Mixed Use Residential.
Key Highlights
- 7 residential units
- 8,165 square feet on a 0.24‑acre parcel
- Built in 1890 with wood‑frame construction
Property Analytics
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Current Use
Lease Details
7
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,136
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Residential income property with Mixed Use Residential zoning and public water service.
Where is this apartment building located?
The property is located at 254 Elm Street Montpelier, VT.
What is the asking price?
The asking price for this property is $695,275.
What are key features of this property?
This property features: 7 residential units; 8,165 square feet on a 0.24‑acre parcel; Built in 1890 with wood‑frame construction
