Two-Unit Duplex with
For Sale
$929,000
362 N Winooski Avenue, Burlington, VT 05401
Multi-Family, Burlington, VT
Property Size2,390 SF
Lot Size0.07 Acres
Price / SF$388.70
Days on Market50
Property Features for 362 N Winooski Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
8
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 7, Bedroom 8
Parking features
Driveway, Off Street
Appliances
Electric Water Heater, On Demand Water Heater
Lot features
City Lot
High school
Burlington High School
Elementary school district
Burlington School District
Middle school district
Burlington School District
High school district
Burlington School District
Standard status
Active
Size
2,390 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
11465
Utilities
Heating system
Baseboard, Hot Water(Heating), Natural Gas
Water source
Public
Amenities
common laundry
storage
Building Details
Year built
1991
Floors in Building
2
Number of units
2
Flooring type
Laminate, Carpet
Building materials
Wood Frame
Roof type
Shingle
Architectural style
Other
Listing Agency:
Nancy Jenkins Real Estate
(802) 846-4888
Listed By:
The Nancy Jenkins Team
(802) 654-8500
Added: Aug 26
Changed: Oct 8
Last Checked: Oct 14 at 12:06AM
MLS# 5106739
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.
Built in 1991, this 2,390-square-foot duplex contains two nearly identical residences arranged in an up-and-down configuration. Each unit offers 4 bedrooms and 1 full bath. The full poured-concrete basement adds locked storage for each residence, shared laundry, and both interior and exterior access. Wood-frame construction includes laminate and carpet flooring, a shingle roof, public water, and off-street driveway parking.
Recent property improvements include a newer roof and two on-demand boilers. The home is located on the bus line at 362 N Winooski Avenue in Burlington, with access to downtown Burlington, Winooski, the waterfront, UVM Medical Center, BTV Airport, nearby restaurants and shopping, and I-89. The parcel encompasses 0.07 acres and carries Residential zoning.
Recent property improvements include a newer roof and two on-demand boilers. The home is located on the bus line at 362 N Winooski Avenue in Burlington, with access to downtown Burlington, Winooski, the waterfront, UVM Medical Center, BTV Airport, nearby restaurants and shopping, and I-89. The parcel encompasses 0.07 acres and carries Residential zoning.
Key Highlights
- 2,390‑square‑foot duplex on a 0.07‑acre parcel
- Two residences, each with 4 bedrooms and 1 full bath
- Full poured‑concrete basement with locked storage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,397
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,940
$527.9K
Cap Rate 7%
$377,100
$377.1K
Cap Rate 9%
$293,300
$293.3K
Market Conditions
NOI Build-Up for 2,390 SF
Gross rent
$38.1K $15.96/SF
− Vacancy
−$435 −$0.18/SF
EGI
$37.7K $15.78/SF
− OpEx
−$11.3K −$4.73/SF
NOI
$26.4K $11.04/SF
Area
Chittenden County, VT
Vacancy
1.14%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,940
Cap Rate 7%
$377,100
Cap Rate 9%
$293,300
Alternative Uses
Best Use
Multifamily LT 5
$377.1K
$330.0K – $440.0K
NOI $26,397 @ 7.0% cap · market cap 2.84%
Second Best
Apartment 5plus
$334.0K
$292.2K – $389.6K
NOI $23,377 @ 7.0% cap · market cap 2.52%
Theoretical Best
Office A
$655.5K
$573.6K – $764.8K
NOI $45,888 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,154
Businesses Nearby
Explore this area
Business Placement
Demographics for 05401, VT
32,059
Population
13,898
Households
2.3
Avg Household Size
28
Median Age
63%
College-Educated
95%
High-School Grad
6.1 sq mi
ZIP Area
5,256
Density / Sq Mi
$60,532
Median Household Income
$23,422
Median Earnings
$1,614
Median Rent
$463,300
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?
Duplex - Up-and-down configuration with matching four-bedroom residences, shared laundry, and dedicated locked basement storage.
Where is this duplex located?
The property is located at 362 N Winooski Avenue Burlington, VT.
What is the asking price?
The asking price for this property is $929,000.
What are key features of this property?
This property features: 2,390‑square‑foot duplex on a 0.07‑acre parcel; Two residences, each with 4 bedrooms and 1 full bath; Full poured‑concrete basement with locked storage for each unit
