43 E State Street, Montpelier, VT 05602

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
43 E State Street,Montpelier, VT 05602
$649,000
  • 5 Beds
  • 4 Baths
  • 2,793 sq. ft.
  • Multi-family
  • Active
Listed by: jeanne felmly
Office: dome real estate group llc.
MLS#:5017370
Source:PrimeMLS

Price summary

  • Price:$649,000
  • Price per sq. ft.:$186.39

About this home

Exceptional Investment Opportunity in the Heart of Downtown Montpelier!This four-unit multifamily property offers a rare chance to own a well-maintained income producer in Vermont’s vibrant capital city. Completely renovated in 1984—with a poured concrete foundation, new electrical, and modern plumbing—this property has been carefully maintained for over 40 years by the same owner. Three of the four spacious units feature beautiful hardwood flooring and each has its own designated off-street parking space. Tenants enjoy unbeatable convenience with public transportation, shopping, dining, bars, the hospital, and the I-89 corridor all just minutes away.Whether you’re seeking a solid addition to your portfolio or a seamless 1031 exchange opportunity, this property is a standout. Thoughtfully cared for and ideally located, it’s a perfect fit for the discerning investor.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1877
  • Listing ID #:5017370
  • Added:440 day(s) ago
  • Updated:December 17, 2025 at 01:34 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,793 sq. ft.

Heating and cooling

  • Heating:Gas Heater

Structure and exterior

  • Roof:Membrane
  • Year built:1877
  • Building area:2,793 sq. ft.
  • Lot area:0.24 Acres

Schools

  • High school:Montpelier High School
  • Middle school:Main Street Middle School
  • Elementary school:Union Elementary School

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$649,000
  • Price per sq. ft.:$186.39
  • Tax amount:$10,540 (2024)
MLS LogoCopyright 2025 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 18, 2025

New listings near 43 E State Street