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    Property profile & analytics

    1505 Nn Ave Burlington, VT 05408-2567

    • Residential income homes
    • 2,940 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US89-0149028
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 1505 Nn Ave

    Year built
    1899
    Construction
    FRAME
    Lot size
    0.45 lot acres
    Property size
    2,940 SF
    Zone code
    RL
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    (035) 024-2-158-000
    APU
    350242158000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $360,000
      6.5%
      $345,000
      7%
      $390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $450,000
      Retail
      $415,000
      Mixed-Use
      $430,000
      Hospitality
      $455,000
      Educational
      $370,000
      Residential Income
      $375,000
      Energy
      $405,000
      Income-Based Land
      $455,000
      Food Service
      $440,000

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.2554
    Latitude
    44.5144
    CBSA code
    15540
    CBSA name
    BURLINGTON-SOUTH BURLINGTON, VT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $10,514
    $295,000
    $202,600
    $497,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $340,000
      4,428 SF

      934 Nn Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,428 SF
      934 Nn Ave, Burlington, VT 05408-2701
      View Details
    • Value Estimation
      $360,000
      2,048 SF

      12 Loaldo Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,048 SF
      12 Loaldo Dr, Burlington, VT 05408-2573
      View Details
    • Value Estimation by Request
      1,346 SF

      4 Ave A A

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,346 SF
      4 Ave A A, Burlington, VT 05408-2502
      View Details
    • Value Estimation
      $440,000
      2,420 SF

      1083-1085 Nn Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,420 SF
      1083-1085 Nn Ave, Burlington, VT 05408
      View Details
    • Value Estimation
      $370,000
      3,712 SF

      32 Gosse Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,712 SF
      32 Gosse Ct, Burlington, VT 05408-2576
      View Details
    • Value Estimation
      $860,000
      0.60 Acres

      1489 Nn Ave

      APARTMENT HOUSE (5+ UNITS) • 0.60 Acres
      1489 Nn Ave, Burlington, VT 05408-2457
      View Details

    Similar Nearby for Sale

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      Burlington Duplex with Large Backyard

      Well-maintained duplex in prime Burlington location with many recent updates.
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      View Details
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      Commercial land for sale.
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    Similar Nearby for Lease

    • Contact for pricing
      4,000 SF

      Retail Space in Burlington Center

      Mixed-use shopping center with build-to-suit PAD site.
      50 Leonard St, Burlington, VT 05408
      View Details
    • $15 SF/Yr
      2,600 SF

      Burlington Retail Space For Rent

      Retail space available in Ethan Allen Shopping Center.
      1125 North Ave, Burlington, VT 05408
      View Details
    • $15 SF/Yr
      2,600 SF

      Retail Space Available For Rent

      Retail space with great exposure available for Summer 2025.
      1127 North Ave, Burlington, VT 05408
      View Details
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    Burlington, VT 05408-2567
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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