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Four-Unit Residential Income Property
For Sale
$435,000

938 VT Route 7A, South Shaftsbury, VT 05262

Four-unit multifamily with a varied mix of one- to three-bedroom apartments for broad tenant appeal.

Property SizeContact for details
Days on Market57

Property Features for 938 VT Route 7A

General Information

Standard status Active
Property subtype Investment

Additional Details

Cap Rate 10%
Multifamily Units 4

Building Details

Year Built 1900
Units 4
Listing Agency: Nancy Jenkins Real Estate
Listed By: The Nancy Jenkins Team
Source: Elliman
Added: Jul 4 Changed: Aug 27 Last Checked: Aug 29 at 10:05AM

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 Nancy Jenkins Real Estate

Investment Insights

Based on property information with market context.

This four-unit residential income property offers a flexible unit mix, including two 2-bedroom, 1-bath apartments, one 3-bedroom, 1-bath apartment, and one 1-bedroom, 1-bath unit. The building is presented as a versatile quadplex-style rental asset with 3D virtual tours available upon request.

The property is located at 938 VT Route 7A in South Shaftsbury, Vermont. WalkScore is reported at 21 (car-dependent) and BikeScore at 29 (somewhat bikeable), which may be useful context for tenant travel patterns.

For buyers seeking a multifamily opportunity, the combination of unit sizes can support a broader range of household needs while keeping the overall structure simple as a four-unit building. Whether you are adding to an existing portfolio or purchasing your first income property, this layout provides a practical foundation for operating a tenant-occupied residence with multiple unit types under one roof.

Key Highlights

  • 1900‑built 4‑unit multifamily property with a varied unit mix
  • Unit mix includes two 2‑bedroom, 1‑bath units
  • Includes one spacious 3‑bedroom, 1‑bath unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Auto Repair Shop (Bike/Boat/Book/etc) Store Restaurant Building Supply Electrical Service

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

66
Businesses Nearby

Demographics for 05262, VT

2,366
Population
922
Households
2.6
Avg Household Size
50
Median Age
33%
College-Educated
91%
High-School Grad
72.1 sq mi
ZIP Area
33
Density / Sq Mi
$88,417
Median Household Income
$55,949
Median Earnings
$742
Median Rent
$245,700
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?
Quadplex - Four-unit multifamily with a varied mix of one- to three-bedroom apartments for broad tenant appeal.
Where is this quadplex located?
The property is located at 938 VT Route 7A South Shaftsbury, VT.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 1900‑built 4‑unit multifamily property with a varied unit mix; Unit mix includes two 2‑bedroom, 1‑bath units; Includes one spacious 3‑bedroom, 1‑bath unit
More about this property
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