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Townhouse-Style Quadplex
For Sale
$800,000

45 Parsonage Ln, Waitsfield, VT 05673

Multi-unit property with basement storage, private outdoor space, and village access to daily conveniences and recreation.

Property Size4,774 SF
Price / SF$167.57
Days on Market37

Property Features for 45 Parsonage Ln

General Information

Standard status Active
Size 4,774 SF
Property subtype Residential Income

Units

Unit Mix 4 x 2BR/1.5BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $10,070

Amenities

sundecks
private yard
full unfinished basements

Building Details

Buildings 1
Listing Agency: Mad River Valley Real Estate
Listed By: David M Dion
Source: Exprealty
Added: Aug 5 Changed: Sep 9 Last Checked: Sep 9 at 10:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mad River Valley Real Estate

Investment Insights

Based on property information with market context.

Built in 1968, this well-maintained quadplex contains 4 two-bedroom, 1.5-bath townhouse-style apartments. Each residence includes a full unfinished basement and 2 sundecks oriented toward a private yard, creating practical storage and outdoor space within the individual layouts.

The property is in Waitsfield Village, with groceries, restaurants, a covered bridge, and the Mad River accessible on foot. Paperwork is in process to convert the apartments to condominiums. The property records a bikeScore of 24, rated Somewhat Bikeable, and a walkScore of 36, rated Car-Dependent.

Key Highlights

  • 4 two‑bedroom, 1.5‑bath townhouse‑style apartments
  • Full unfinished basement included with each unit
  • Each apartment has 2 sundecks overlooking 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 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

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
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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 - Multi-unit property with basement storage, private outdoor space, and village access to daily conveniences and recreation.
Where is this quadplex located?
The property is located at 45 Parsonage Ln 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 two‑bedroom, 1.5‑bath townhouse‑style apartments; Full unfinished basement included with each unit; Each apartment has 2 sundecks overlooking a private yard
More about this property
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