Search
Riverside Residential Income Duplex
For Lease
$679,000

464 E Main St, Middlebury, VT 05753

Updated vintage home on the Middlebury River with a screened porch, barn, and an additional one-bedroom apartment.

Space SizeContact for details
Days on Market53

Property Features for 464 E Main St

General Information

Standard status Active
Property subtype Commercial
Zoning R2

Taxes and HOA fees

Annual Taxes $6,308

Building Details

Year Built 1840
Listing Agency: IPJ Real Estate
Listed By: Beth Stanway
Source: Thepaulmartinteam
Added: Jun 21 Changed: Aug 8 Last Checked: Aug 11 at 8:41AM

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 IPJ Real Estate

Investment Insights

Based on property information with market context.

This updated vintage property offers versatile living with a main residence featuring three bedrooms and a dedicated office. An upstairs claw foot tub adds a distinctive touch, and the home’s screened porch looks out over established gardens and the surrounding natural setting. A spacious barn provides substantial extra space for storage and workshop or hobby uses.

Set along the scenic banks of the Middlebury River, the property includes a separate one-bedroom apartment, supporting flexible occupancy for renters, multigenerational arrangements, or private guest space. The grounds include lush gardens, and the property owns the land across the street, which helps maintain a permanent buffer.

From a leasing and tenant-fit perspective, the layout supports a range of needs—from live/work use in the office and main home to privacy for an additional household in the separate apartment. The combination of indoor comfort, outdoor relaxation by the river, and on-site outbuilding storage can appeal to groups seeking more space than a standard apartment configuration. The property’s character-forward updates are designed to support day-to-day convenience while preserving the home’s vintage feel.

Key Highlights

  • Year built 1840 historic home updated with modern comfort, offering main residence plus separate living space
  • 3‑bedroom main home includes a dedicated office for remote work, guests, or hobbies
  • Screened porch overlooks lush gardens and the Middlebury River

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Bakery Home Appliance Store Building Supply Auto Repair Shop Daycare 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 05753, VT

11,113
Population
4,266
Households
2.6
Avg Household Size
36
Median Age
56%
College-Educated
96%
High-School Grad
83.8 sq mi
ZIP Area
133
Density / Sq Mi
$87,340
Median Household Income
$20,087
Median Earnings
$1,199
Median Rent
$383,100
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Updated vintage home on the Middlebury River with a screened porch, barn, and an additional one-bedroom apartment.
Where is this duplex located?
The property is located at 464 E Main St Middlebury, VT.
What is the lease rate?
The lease rate is $679,000.
What are key features of this property?
This property features: Year built 1840 historic home updated with modern comfort, offering main residence plus separate living space; 3‑bedroom main home includes a dedicated office for remote work, guests, or hobbies; Screened porch overlooks lush gardens and the Middlebury River
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message