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    Burlington, VT
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    Burlington, VT Triplexes for Sale

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    Triplex with Detached Two-Car Garage
    Updated: Jun 3
    Triplex with Detached Two-Car Garage

    1480 North Avenue, Burlington, VT 05408

    $629,900
    2,518 sqft
    Corner‑lot triplex in Burlington’s New North End with a 1930 year built and mature tree‑lined setting
    Unit mix includes 1‑bedroom and 2‑bedroom apartments
    Separate utilities for added convenience and management flexibility
    Ample off‑street parking plus a detached 2‑car garage
    Close to amenities and public transportation, with nearby access to Leddy Park and Lake Champlain recreation
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    This listing looks promising.

    Here's a quick look at some key insights for

    1480 North Avenue, Burlington, VT 05408

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    • Est. Cap Rate

      4.4%
      NOI ÷ price

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $397K
      Suggested

    • Property Type

      Triplex
      Built 1930
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    Updated 3-Unit Multifamily Building
    Updated: Apr 13
    Updated 3-Unit Multifamily Building

    56 Wright Avenue, Burlington, VT 05401

    $1,150,000
    1,066 sqft 0.14 AC lot
    Updated 3‑unit property in Burlington’s South End with lake Champlain views from each apartment
    Recent improvements include new windows, Therma Tru exterior doors, and new flooring throughout
    Bathrooms updated with tiled showers
    New electrical service, upgraded plumbing, and on‑demand hot water system (2026)
    Energy‑efficient ductless, zoned mini‑split heating/cooling plus professional insulation for year‑round comfort
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    Triplex on Corner Lot
    Triplex on Corner Lot

    1480 North Avenue, Burlington, VT 05408

    $629,900
    1,724 sqft 0.18 AC lot

    Well-laid-out triplex with 1- and 2-bedroom units, separate utilities, and off-street parking plus a detached 2-car garage.

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    Residential Income Triplex
    Residential Income Triplex

    61 South Union Street, Burlington, VT 05401

    $749,000
    2,849 sqft 0.16 AC lot

    A sprinklered triplex with off-street parking and a detached single-car garage, suited for steady residential income.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Triplex with Recently Renovated Porch
    Triplex with Recently Renovated Porch

    20 Greene Street, Burlington, VT 05401

    $699,000
    2,188 sqft 0.13 AC lot

    Triplex investment property with substantial off-street parking and a recently renovated front porch.

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    Renovated Burlington Triplex Near UVM
    Renovated Burlington Triplex Near UVM

    6-8 Chase St, Burlington, VT 05401

    $1,125,000

    Renovated triplex with 11 bedrooms near UVM and downtown.

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    Updated Three-Unit Residential Income Property
    Updated Three-Unit Residential Income Property

    56 Wright Avenue, Burlington, VT 05401

    $1,150,000
    1,066 sqft

    Turnkey three one-bedroom units with recent window, door, and system upgrades plus lake-view porches.

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    Downtown Burlington Multi-Unit Property
    Downtown Burlington Multi-Unit Property

    114 S Champlain St, Burlington, VT 05401

    $925,000
    2,412 sqft

    Well-maintained 3-unit multi-family property in a prime urban location.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Burlington, VT, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Triplex Apartment Building
    Triplex Apartment Building

    Saint Albans, VT 05478

    $419,000
    2,880 sqft 0.28 AC lot

    Three identical units with private basement storage and separate utilities support straightforward residential income use.

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    Purpose-Built Triplex With Basements
    Purpose-Built Triplex With Basements

    Saint Albans, VT 05478

    $419,000
    2,880 sqft 0.26 AC lot

    Well-maintained triplex with three identical units, each with a private unfinished basement and separately managed utilities.

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    Student Housing Triplex Building
    Student Housing Triplex Building

    31 William Street, Plattsburgh, NY 12901

    $375,000
    3,140 sqft 0.18 AC lot

    Turnkey three-unit student rental with full rebuild in 2014 and updated hot water tanks in 2024.

    View details
    Plattsburgh Triplex with Rental Income
    Plattsburgh Triplex with Rental Income

    82 Montcalm Avenue, Plattsburgh, NY 12901

    $230,000
    1,313 sqft

    Well-performing triplex in Plattsburgh, NY, generating $2,750 monthly gross income.

    View details

    Burlington, VT Triplexes Market Trends and Statistics

    Explore 8 triplexes for sale in Burlington, VT, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 13,823 square feet of properties for sale, with an estimated market value of $5,932,800.

    Sale prices for three-family homes in Burlington, VT start at $629,900, averaging $847,542, and reaching up to $1,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 15
    Triplexes 12
    Quadplexes 11
    Apartment buildings 5
    Short term rental properties 4

    Demographics Overview

    Population 45K
    Population Growth (5Y) +8.4%
    Median Household Income $69,817
    College Educated 64.5%

    High-Yield Neighborhoods for Investment

    Identify Burlington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    05408 $629.9K
    05401 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.81%
    Property Tax per SF $23.10 per SF
    Tax Rate vs County Average 0.13 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Chittenden County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Burlington fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Burlington, VT

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    • 05408

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