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Duplex Residential Income Property
For Sale
$250,000

56 Maple Street, Morristown, VT 05656

Two distinct living spaces with a main house and separate apartment unit for flexible owner-occupant or rental use.

Property Size1,922 SF
Price / SF$111.91
Days on Market74

Property Features for 56 Maple Street

General Information

Standard status Active
Size 1,922 SF
Property subtype Multi Family Home
Zoning RR

Taxes and HOA fees

Annual Taxes $3,641

Building Details

Building Size 1,922 SF
Year Built 1860
Stories 2
Units 2
Listing Agency: Bhhs Vermont Realty Group/Morrisville-Stowe
Listed By: Trombley & Day Group
Source: Threehillsres
Added: Jun 12 Changed: Aug 23 Last Checked: Aug 3 at 12:31PM

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 Bhhs Vermont Realty Group/Morrisville-Stowe

Investment Insights

Based on property information with market context.

This duplex-style residential income property includes a main house and a separate apartment unit. The main house offers a living room/kitchen/dining area along with a first-floor 3/4 bath. Upstairs, it provides four bedrooms and a full bath. A screened-in porch adds an outdoor, seasonal relaxation space. The apartment unit consists of one bedroom and includes a deck located over the garage, creating a distinct, self-contained living area.

The property is located in the village of Morrisville at 56 Maple St, with nearby access to shopping, dining, and schools. It is also described as a quick drive to recreational opportunities such as skiing, snowmobile trails, lakes, and hiking trails.

The layout supports a practical owner-occupant scenario: occupy the main house and rent the apartment unit for additional income. Because the property is being sold as-is, prospective buyers should plan to evaluate the condition accordingly and confirm details during due diligence.

Key Highlights

  • Year built 1860 main house with separate apartment unit for flexible owner‑occupant or rental use
  • Main house layout: living room, kitchen, dining, and a first‑floor 3/4 bath
  • Main house second level includes 4 bedrooms and a full bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Catering Service Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

561
Businesses Nearby

Demographics for 05656, VT

3,566
Population
1,447
Households
2.5
Avg Household Size
34
Median Age
36%
College-Educated
96%
High-School Grad
47.4 sq mi
ZIP Area
75
Density / Sq Mi
$53,828
Median Household Income
$33,583
Median Earnings
$964
Median Rent
$189,100
Median Home Value

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?
Duplex - Two distinct living spaces with a main house and separate apartment unit for flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 56 Maple Street Morristown, VT.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Year built 1860 main house with separate apartment unit for flexible owner‑occupant or rental use; Main house layout: living room, kitchen, dining, and a first‑floor 3/4 bath; Main house second level includes 4 bedrooms and a full bath
More about this property
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