Three-Unit Residential
For Sale
$339,000
6098 Route 140, Wallingford, VT 05742
Multi-Family, Wallingford, VT
Property Size2,400 SF
Lot Size0.85 Acres
Price / SF$141.25
Days on Market57
Property Features for 6098 Route 140
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multiple Residential
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Basement, Bedroom 4, Bedroom 5, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
Parking features
Off Street, Garage
Appliances
Domestic Water Heater, Heat Pump Water Heater, Propane Water Heater
Lot features
Country Setting, Landscaped, Level, Near Skiing, Near Railroad
Elementary school
Wallingford Elementary
Middle school
Mill River Union High School
High school
Mill River Union High School
Elementary school district
Mill RIver USD 40
Middle school district
Mill RIver USD 40
High school district
Mill RIver USD 40
Directions
From Route 103 turn onto Route 140. Property will be on your left within 0.4 miles. See sign.
Standard status
Active
Size
2,400 SF
Lot size
0.85 Acres
Additional Details
Individually Metered Utilities
electricity
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3075
Utilities
Utilities
Cable Available
Heating system
Baseboard, Propane (Heating)
Water source
Well
Amenities
detached garage
Building Details
Year built
1900
Floors in Building
2
Number of units
3
Building materials
Wood Frame, Vinyl Siding
Architectural style
Other
Listing Agency:
Engel & Volkers Okemo · Engel & Völkers
Listed By:
Gail Beardmore
(802) 975-0338
Added: Sep 11
Changed: Nov 5
Last Checked: Nov 6 at 12:06PM
MLS# 5109480
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.
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Investment Insights
Based on property information with market context.
This 2,400-square-foot triplex on 0.85 acres contains three residential units under one roof. The upper apartment includes three bedrooms, a living room, and a full bathroom, while the lower level provides two separate one-bedroom, one-bath apartments. The property was built in 1900 and features wood-frame construction with vinyl siding, baseboard and propane heating, and multiple mechanical improvements. Each unit has its own electric meter, and the property is served by a private well.
A detached garage adds functional space with electricity and a poured concrete floor. The property includes off-street parking and cable availability, and is located at 6098 Route 140 in Wallingford, Vermont. Zoning is Multiple Residential.
A detached garage adds functional space with electricity and a poured concrete floor. The property includes off-street parking and cable availability, and is located at 6098 Route 140 in Wallingford, Vermont. Zoning is Multiple Residential.
Key Highlights
- Three‑unit configuration with one three‑bedroom apartment and two one‑bedroom apartments
- 2,400 square feet on 0.85 acres
- Separate electric meter for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,744
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,880
$454.9K
Cap Rate 7%
$324,914
$324.9K
Cap Rate 9%
$252,711
$252.7K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$33.1K $13.80/SF
− Vacancy
−$629 −$0.26/SF
EGI
$32.5K $13.54/SF
− OpEx
−$9.7K −$4.06/SF
NOI
$22.7K $9.48/SF
Area
Rutland County, VT
Vacancy
1.90%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,880
Cap Rate 7%
$324,914
Cap Rate 9%
$252,711
Alternative Uses
Best Use
Multifamily LT 5
$324.9K
$284.3K – $379.1K
NOI $22,744 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$299.4K
$262.0K – $349.3K
NOI $20,956 @ 7.0% cap · market cap 6.18%
Theoretical Best
Healthcare Medical
$417.9K
$365.6K – $487.5K
NOI $29,251 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
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Business Placement
Demographics for 05742, VT
641
Population
374
Households
1.7
Avg Household Size
47
Median Age
34%
College-Educated
87%
High-School Grad
24.5 sq mi
ZIP Area
26
Density / Sq Mi
$76,250
Median Household Income
$31,607
Median Earnings
$276,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Separate electric meters serve three distinct residential units, with a detached garage offering additional utility.
Where is this triplex located?
The property is located at 6098 Route 140 Wallingford, VT.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Three‑unit configuration with one three‑bedroom apartment and two one‑bedroom apartments; 2,400 square feet on 0.85 acres; Separate electric meter for each unit
