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Four-Unit Townhouse Quadplex
New
For Sale
$800,000

45 Parsonage Lane, Waitsfield, VT 05673

MULTI_FAMILY - Other - Waitsfield, VT

Property Size4,774 SF
Lot Size0.46 Acres
Price / SF$167.57
Days on Market5

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 4, Bedroom 3, Bedroom 1, Bedroom 8, Bathroom 2, Bathroom 6, Bedroom 6, Bathroom 7, Bathroom 8, Basement, Bathroom 1, Bedroom 5, Bathroom 5, Bedroom 2, Bedroom 7, Bedroom 4, Bathroom 3
Lot features Landscaped, Level, Neighbor Business, Street Lights
Directions Off Route 100 behind and across from Village Grocery.
Standard status Active
Size 4,774 SF
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9500

Utilities

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

Amenities

sundecks
private yard

Building Details

Year built 1968
Floors in Building 4
Number of units 4
Flooring type Tile, Carpet, Hardwood
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: Aug 5 Last Checked: Aug 8 at 11:06AM
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.

This 4,774-square-foot multifamily building contains four townhouse-style apartments, each configured with 2 bedrooms and 1.5 baths. Every unit includes two sundecks oriented toward a private yard, along with a full unfinished basement. The 1968 property features wood-frame construction with brick and wood siding, plus hardwood, carpet, and tile flooring. Heating sources include electric, propane, and natural gas systems with ceiling heat noted. The building is served by a well and has cable available.

Set in Waitsfield Village, the property is within walking distance of groceries, restaurants, a covered bridge, and the Mad River. The 0.46-acre site is zoned Village Residential.

Key Highlights

  • 4 apartments, each with 2 bedrooms and 1.5 baths
  • 2 sundecks accompany each unit and overlook a private yard
  • Full unfinished basements in all four townhouse‑style apartments

Property Analytics

Current Use

Quadplexes

Suggested Use

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

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

Multi-tenant
Tenancy

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four townhouse-style apartments share a private yard, individual sundecks, and full unfinished basements.
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 apartments, each with 2 bedrooms and 1.5 baths; 2 sundecks accompany each unit and overlook a private yard; Full unfinished basements in all four townhouse‑style apartments
More about this property
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