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Quadplex with Private Yard
For Sale
Under Contract
$800,000

45 Parsonage Lane, Waitsfield, VT 05673

Multi-Family, Waitsfield, VT

Property Size4,774 SF
Lot Size0.46 Acres
Price / SF$167.57
Days on Market50

Property Features for 45 Parsonage Lane

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Village Residential
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 3, Bathroom 4, Bedroom 6, Bathroom 7, Bedroom 3, Bedroom 8, Bathroom 1, Bathroom 2, Bedroom 5, Bathroom 8, Bedroom 2, Bedroom 1, Bedroom 4, Basement, Bathroom 6, Bathroom 5, Bedroom 7
Lot features Landscaped, Level, Neighbor Business, Street Lights
Directions Off Route 100 behind and across from Village Grocery.
Standard status Active Under Contract
Size 4,774 SF
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 10070

Utilities

Utilities Cable Available
Heating system Electric (Heating), Natural Gas, Propane (Heating), Ceiling
Water source Well

Amenities

sundecks
private yard

Building Details

Year built 1968
Floors in Building 4
Number of units 4
Flooring type Hardwood, Carpet, Tile
Building materials Wood Frame, Brick Exterior, Wood Siding
Architectural style Other
Listing Agency: Mad River Valley Real Estate
Listed By: David Dion
Added: Aug 4 Changed: Sep 12 Last Checked: Sep 22 at 5:06PM
MLS# 5103355

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 1968, this wood-frame quadplex contains 4 townhouse-style apartments, each with 2 bedrooms, 1.5 baths, two sundecks, and a full unfinished basement. The 4,774-square-foot property sits on 0.46 acres and includes a private yard. Interior finishes include hardwood, carpet, and tile flooring, with wood siding and brick exterior elements. The property is served by a well, and cable is available.

Located in Waitsfield Village, the property is within walking distance of groceries, restaurants, a covered bridge, and the Mad River. Village Residential zoning applies. Documentation is in process for a potential condominium conversion.

Key Highlights

  • 4 townhouse‑style apartments, each with 2 bedrooms and 1.5 baths
  • Full unfinished basement included with each unit
  • Two sundecks per residence overlook a private yard

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Auto Parts Store Furniture & Home Goods Garden 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

251
Businesses Nearby

Demographics for 05673, VT

2,680
Population
1,872
Households
1.4
Avg Household Size
48
Median Age
64%
College-Educated
98%
High-School Grad
53.0 sq mi
ZIP Area
51
Density / Sq Mi
$94,837
Median Household Income
$50,676
Median Earnings
$1,341
Median Rent
$434,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Four townhouse-style units include unfinished basements and two sundecks per residence.
Where is this quadplex located?
The property is located at 45 Parsonage Lane Waitsfield, VT.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 4 townhouse‑style apartments, each with 2 bedrooms and 1.5 baths; Full unfinished basement included with each unit; Two sundecks per residence overlook a private yard
More about this property
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