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Newer Multifamily Property in Morrisville
For Sale
$1,999,000

661 Laporte Rd, Morristown, VT 05661

Well-maintained 9-unit multifamily property built in 2022 in Vermont.

Property SizeContact for details
Lot Size0.59 Acres
Days on Market268

Property Features for 661 Laporte Rd

General Information

Standard status Active
Lot size 0.59 Acres
Property subtype Investment

Building Details

Year Built 2022
Units 9
Listing Agency:
Listed By: Graham Mink
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 11 Last Checked: Aug 21 at 9:48AM

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 Graham Mink

Investment Insights

Based on property information with market context.

This well-maintained 9-unit multifamily property, constructed in 2022, is located in Morrisville, Vermont. It presents an opportunity for investors or owner-occupiers. The property features a mix of one and two-bedroom units, specifically four 1-bedroom units and five 2-bedroom units. Each unit is equipped with its own washer and dryer, and a secure, dedicated storage unit is located in the basement. The property is fully occupied with tenants. Its location offers convenient access to public transportation, schools, parks, shopping, and dining. The property offers low maintenance and modern energy efficiency.

Key Highlights

  • Built in 2022, offering low maintenance and modern energy efficiency.
  • Fully occupied with quality tenants, ensuring immediate income.
  • Mix of one and two‑bedroom units providing diverse rental options.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Storage Facility Garden Center Grocery & Convenience Store

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

230
Businesses Nearby

Demographics for 05661, VT

5,881
Population
3,276
Households
1.8
Avg Household Size
45
Median Age
40%
College-Educated
94%
High-School Grad
65.3 sq mi
ZIP Area
90
Density / Sq Mi
$65,057
Median Household Income
$40,781
Median Earnings
$1,176
Median Rent
$268,400
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?
Apartment building - Well-maintained 9-unit multifamily property built in 2022 in Vermont.
Where is this apartment building located?
The property is located at 661 Laporte Rd Morristown, VT.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Built in 2022, offering low maintenance and modern energy efficiency.; Fully occupied with quality tenants, ensuring immediate income.; Mix of one and two‑bedroom units providing diverse rental options.
More about this property
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