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Chittenden County Multi-Family Homes

Browse multi family homes for sale in Chittenden County below. You’ll find a variety of multi family investment properties in Burlington and surrounding areas of Vermont. These properties provide owners with the opportunity to build equity while collecting a steady stream of monthly income.

Multi Family Homes for Sale in Vermont

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262 North Street Winooski VT 05404

Winooski, VT262 North Street

Price$749,000

Est. Mortgage: $/month

MLS Number 4946075

  • Multifamily
  • Units 5
  • Acreage 0.97
  • Square Feet 3,640

Wonderful Investment opportunity with this 5-unit multi-family property AND .42 approved building lot in a desirable Winooski neighborhood. This building is fully rented with potential to increase current rental income. Property has been well maintained with numerous updates over the years. Included in the sale is very rare opportunity to purchase an open lot in Winooski. This property sits next to Landry Park and very close to the Myers Memorial Pool providing ample of options for outdoor enjoyment close to home. Conveniently located just minutes from Downtown Winooski offering shopping, retail and plentiful restaurants.

Listed by Erin Dupuis of Vermont Real Estate Company

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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2-4 Decatur Street Burlington VT 05401

Burlington, VT2-4 Decatur Street

Price$450,000

Est. Mortgage: $/month

Open House

MLS Number 4946084

  • Multifamily
  • Next Open House: Sun 03/26 11:00 am. to 2:00 pm.
  • Units 3
  • Bathroom 3
  • Acreage 0.06

This beautiful brick triplex is located in the Old North End of Burlington, VT. It currently has excellent long-term tenants that have always taken care of the property, making this a perfect investment opportunity. The property offers 3 units, all 1 bedroom, and 1 bathroom, with available off-street and on-street parking. It is located only minutes from many restaurants, a yoga studio, a grocery store, and much more. It also has close access to Church Street Marketplace, Lake Champlain waterfront, dog parks, A-Dog Skatepark, bike path, colleges, and UVM Medical Center. This is one to see! Showings begin Friday, March 24, 2023. Open House Sunday March 26, 2023 - 11am-2pm

Listed by The Conroy Group and Isaiah Donaldson of KW Vermont

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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65-67 Park Street Burlington VT 05401-0000

Burlington, VT65-67 Park Street

Price$499,000

Est. Mortgage: $/month

Pending

MLS Number 4945444

  • Multifamily
  • Bathroom 2
  • Units 2
  • Square Feet 1,742
  • Acreage 0.06

Invest in Burlington! This 5-bedroom duplex is perfect for an owner-occupier or investor. Less than a block to Battery Park and easy access to the bike path, Lake Champlain waterfront, and Church Street. The first-floor apartment, currently vacant, offers 3 bedrooms, hardwood floors, an enclosed porch, and has been freshly painted. The kitchen and bathroom are awaiting your renovations. The upstairs unit has been updated and offers a spacious 2-bedroom unit with an enclosed porch. Tenants pay their own heat, hot water, and electric. Storage in basement and laundry hook-ups for both units. Some off-street parking plus a cozy, easy to maintain yard. Situated on a one-way street with plenty of street parking.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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409-411 North Street Burlington VT 05401

Burlington, VT409-411 North Street

Price$760,000

Est. Mortgage: $/month

MLS Number 4944745

  • Multifamily
  • Units 2
  • Bathroom 2
  • Acreage 0.11
  • Square Feet 2,352

Built as a two family home, this well-maintained duplex is situated in a wonderful, convenient location. There are two separate entrances for the units as well as a separate staircase to the basement, where new washers and dryers are stationed. Each unit is a 2 bedroom 1 bathroom, with a dedicated dining room and living room space, along with hardwood floors throughout and updated bathrooms. The property still boasts charm from the 1920's, with built-ins, original trim and doors, beautiful wood details and double-hung windows. The full, walk-up attic is easily accessed from the second floor unit and is unfinished but could be remodeled to include an office, guest suite or bonus room. Both units have expansive front porches and smaller back porches. The garage is a two car garage and there is plenty of off-street parking. This could be a great property to be owner occupied while listing the other unit as short term rental.

Listed by Derek Eisenberg of Continental Real Estate Group,Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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10 Russell Street Burlington VT 05401

Burlington, VT10 Russell Street

Price$550,000

Est. Mortgage: $/month

Pending

MLS Number 4944232

  • Multifamily
  • Units 2
  • Bathroom 2
  • Acreage 0.05
  • Square Feet 2,275

Rare opportunity to own one of only a handful of properties on this one-way street just moments from Pomeroy Park and Momo's Market. This large duplex offers a 2-bedroom apartment on the first floor with access to the basement, plus a bright and sunny 3-bedroom unit upstairs with attic storage. Both offer hardwood floors, ample kitchens, private laundry, plus tenants pay their own utilities. Potential for owner-occupier and great upside on rents. Some off-street parking. Tenants enjoy easy access to colleges, UVM Medical Center, downtown, and Winooski.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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205-207 North Winooski Avenue Burlington VT 05401

MLS Number 4944178

  • Multifamily
  • Bathroom 2
  • Units 2
  • Acreage 0.04
  • Square Feet 1,791

Old North End duplex offering a 3-bedroom, 1.5-bath apartment downstairs plus 1-bedroom, 1-bath upstairs. The downstairs unit had numerous renovations in 2019 and offers laundry in the basement. Separate utilities. Some off street parking. Located directly next door to Barrio Bakery to grab your morning coffee, baked goodie, or quick lunch! Great neighborhood just minutes to other restaurants, a yoga studio, local market, and more! Plus easy access to Church Street Marketplace, the Lake Champlain waterfront, colleges, and UVM Medical Center.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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65 Caroline Street Burlington VT 05401

Burlington, VT65 Caroline Street

Price$595,000

Est. Mortgage: $/month

Pending

MLS Number 4943328

  • Multifamily
  • Bathroom 2
  • Units 2
  • Square Feet 1,920
  • Acreage 0.13

This charming multi-family home in the highly sought after 5 Sisters Neighborhood could be ideal for an owner occupier or an investor. The proximity to the South End, Downtown, and even the lake ensure this has remained a highly coveted location. The home, consisting of 2 units, has been well-maintained over the years. The second floor has 2 bedrooms, 1 bath, and a really nice enclosed porch with seasonal views of the Adirondacks through the trees. On the main floor is the one bedroom, one bath unit with a cozy breakfast nook and tons of natural light. The ground floor has a full, unfinished walkout basement with tons of storage. This space includes the shared washer/dryer. The deep backyard is partially paved for plenty of off-street parking as well as yard space with a unique stone cooking spot. Enjoy the benefits of living in this convenient well-maintained neighborhood while tenants assist with your costs, or lease the 2-bedroom at current market rates. Open house Sunday 2/19 2-5pm.

Listed by Kevin Boehmcke of Coldwell Banker Hickok and Boardman

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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7 Leclair Avenue Winooski VT 05404

Winooski, VT7 Leclair Avenue

Price$525,000

Est. Mortgage: $/month

MLS Number 4942821

  • Multifamily
  • Bathroom 3
  • Units 3
  • Square Feet 2,511
  • Acreage 0.06

Listed by Anna Charlebois-Ouellett of BHHS Vermont Realty Group/S Burlington

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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20-22 Ward Street Burlington VT 05401

Burlington, VT20-22 Ward Street

Price$1,350,000

Est. Mortgage: $/month

MLS Number 4942613

  • Multifamily
  • Bathroom 4
  • Units 3
  • Square Feet 2,816
  • Acreage 0.15

Wonderful Burlington, VT North End investment opportunity! With both a duplex-style and a single-family style building located on the same .15 /- acre lot, the property consists of 3 living units that share a huge driveway and parking area. All units are currently leased. The current gross income is $105,600 per year with total tax and operating expenses of $19,053 per year. By June 1, 2023, the seller anticipates income of $111,000 with a net of $91,947 for a cap rate at list price of almost 7%. The duplex features two 3-bedroom apartments with a basement storage area. The single-family style building is located at the back of the lot and offers 4 bedrooms, 2 bathrooms, a nice living area, a big kitchen, and a lovely front deck. Both buildings share a small yard with picnic benches for the tenants' shared enjoyment. Off-street parking is never an issue with the large driveway. Seller has historically repainted and made repairs to the units at each tenant changeout, and the units are in good condition. Seller is in the process of requesting an updated rental compliance inspection. Rental registry is due April 1. A new roof was installed on the duplex in 2021. Seller had 50% of the duplex exterior and 75% of the single-family exterior painted in 2020. The property is just before the intersection of Ward Street and North Ave. Easy access to the bus service, UVM, Champlain College, and hospital.

Listed by Curtis Trousdale and Michael Wrobel of Preferred Properties

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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505 Riverside Avenue Burlington VT 05401

Burlington, VT505 Riverside Avenue

Price$285,000

Est. Mortgage: $/month

Pending

MLS Number 4942503

  • Multifamily
  • Bathroom 1
  • Units 1
  • Acreage 2.63
  • Square Feet 1,127

This high visibility commercial investment property is situated on the edge of the Old North End, on one of Burlington's highest traffic count arteries, reporting 17,281 vehicles per 2022 VTrans report. It offers 248 feet of road frontage on Riverside, with exceptional parking and exposure. This prime location takes advantage of a generous diverse drive-by clientele serving Winooski, UVM College and Medical Center campuses, Burlington's Old North End, and New North End. Formerly owner occupied as the Little Red Kitchen, it now serves a successful restaurant tenant, approaching their 4 year anniversary operating from this location. Renovations in 2014 include floors, cabinets, baseboard, paint, renovated prep kitchen with 3 bay stainless sink, upgraded refrigeration system, new Ansel system, emergency lighting, new bathroom with self-close door and handicap roll-in access, etc. Some fixtures and equipment are the property of the tenant. Ideal investment for a landlord seeking a good CAP rate, or for an owner/occupant wishing to expand their own enterprise. Building and land ONLY for sale, not business. Please be respectful of the current tenant and clientele, as showings are by appointment only.

Listed by Matt Hurlburt of RE/MAX North Professionals - Burlington

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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39-41 North Willard Street Burlington VT 05401

MLS Number 4942342

  • Multifamily
  • Units 3
  • Bathroom 3
  • Acreage 0.15
  • Square Feet 3,067

Excellent location near downtown and UVM. Solid building with great cash flow. Coin op laundry, porch, deck and good parking are a few of the special features. Rents have room to grow.

Listed by Charles C. Burns and Cynthia Burns of BHHS Vermont Realty Group/Burlington

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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68-70 Morse Place Burlington VT 05405

Burlington, VT68-70 Morse Place

Price$555,000

Est. Mortgage: $/month

Pending

MLS Number 4939238

  • Multifamily
  • Units 2
  • Bathroom 2
  • Square Feet 2,172
  • Acreage 0.28

Located on a quiet street in the South End of Burlington, this duplex is in a prime location! With newer windows, roof, furnaces, bathrooms, all that's left is to put some finishing touches on to make it your own. Capitalize on the strong rental market to help cut down on your housing expense or rent both sides out and add this to your portfolio. Each unit features two bedrooms and hardwood floors. An oversized screened in porch overlooks the large back yard with a plethora of medicinal plus edible plants, herbs, berries and chicken coop. (Please see attached document for complete list). Both on-site parking and street parking are available. With its close proximity to breweries, downtown, shopping, the waterfront, this would make an excellent long or short-term rental. Don't miss out, take a look today!

Listed by Matt Brouillard of Signature Properties of Vermont

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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60 Hickok Street Winooski VT 05404

Winooski, VT60 Hickok Street

Price$719,900

Est. Mortgage: $/month

MLS Number 4938757

  • Multifamily
  • Units 3
  • Bathroom 3
  • Acreage 0.08
  • Square Feet 3,638

More than a neighborhood market, this property is a piece of Winooski history. Started in the 1940's, Chick's Market has been a community hub in Winooski for many people. Own your slice of Winooski with this market and two 2 bedroom rental units. The first floor market is equipped with a full kitchen perfect for a deli or takeout. Built in coolers line the walls as well as a large storage area for goods. Bathroom located towards the back of the store. The possibilities are endless for this space in a prime Winooski location! Basement floor has a full bath and kitchen with laminate floors. Second floor houses the first of two 2 bedroom apartments. Light filled with many windows, this apartment has laminate floors and an open living and kitchen area. Full bathroom and laundry hook up are also within the unit. Second 2 bedroom full bathroom apartment has a unique wood paneled ceiling with skylights. Open floor plan with large eat in kitchen and laminate floors. Full bathroom, laundry hook ups available as well as a separate entrance into the apartment. Attached driveway located next to the building for parking. Building is positioned in the heart of Winooski, central to restaurants, shopping and the Winooski River. Minutes to Burlington, colleges and I89, super walkable and convenient location. Great investment opportunity and chance to own a piece of history!

Listed by The Gardner Group and Jason Lefebvre of RE/MAX North Professionals

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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186 Pine Street Burlington VT 05401

Burlington, VT186 Pine Street

Price$695,000

Est. Mortgage: $/month

Pending

MLS Number 4937389

  • Multifamily
  • Units 3
  • Acreage 0.13
  • Square Feet 2,560

Well-located downtown Burlington 3-unit apartment building with off street parking. Offering one 4-bedroom unit and two 1-bedroom units. Many recent updates, separate utilities, and laundry on site. Investors will appreciate the strong cap rate, fully occupied. Tenants love living three blocks to Church Street Marketplace and the Lake Champlain Waterfront, plus easy access to colleges, hospital, and the South End Arts District, businesses, and restaurants. Invest in Burlington!

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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186-190 Colchester Road Essex VT 05452

Essex, VT186-190 Colchester Road

Price$1,100,000

Est. Mortgage: $/month

MLS Number 4933091

  • Multifamily
  • Units 3
  • Bathroom 4
  • Acreage 4.1
  • Square Feet 3,602

Attention investors & developers! Two buildings on 4.1 acres with potential to double the number of units! Currently a single-family colonial and raised ranch-style duplex - both with 2-car garages and plenty of flat yard surrounded by mature trees. Long-term tenants with rent increases starting January 2023. Public water, separate septic, & recently serviced heating systems. Great short term enhanced development and revenue, and potential long-term enhanced development and revenue. Roof on 186 Colchester Rd is newer. Good location on the corner of Susie Wilson Road and Route 2 just minutes to all Essex amenities and just 15 minutes to Burlington.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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12 River Street Milton VT 05468

Milton, VT12 River Street

Price$880,000

Est. Mortgage: $/month

Pending

MLS Number 4923114

  • Multifamily
  • Units 3
  • Bathroom 3
  • Square Feet 6,426
  • Acreage 0.3

Investors, landlords & entrepreneurs this is your opportunity to own an impeccably maintained & updated mixed-use treasure in Chittenden County. Central to Milton's business district & only minutes to I-89, this unique 2.5 story property contains 3 residential apartments in the upper level, with 5 business units beneath. All units are currently leased to reliable tenants - with five flourishing businesses operating on the lower level. In addition to ample parking & handicap accessibility, this property is convenient & functional - the owner has done endless updating to ensure ultimate efficiency & extend the longevity of the building. With over 6,000 sq. feet of finished, usable space the opportunities are endless. Every aspect of exterior upkeep has been covered - fresh pavement throughout the parking lots & driveway, retention areas to deter excess water, new shingles on the residential portion of the building & a white rubber membrane roof. A fully functioning drilled well exists on the property, should the new owner choose to switch from municipal water. With a new stainless steel liner installed in the chimney just last year - the dedication to this property is evident. Vast interior updating was complete in 2019, including new polished concrete in the commercial section, suspended ceilings, new wiring & LED lighting. An ADA bathroom was also installed, as well as a leisure room & a break-room for employees. If you are seeking a business opportunity, this is it!

Listed by Theresa Ferrara Team of Coldwell Banker Hickok and Boardman

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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7 Southerberry Drive Milton VT 05468

Milton, VT7 Southerberry Drive

Price$449,900

Est. Mortgage: $/month

MLS Number 4915486

  • Multifamily
  • Bathroom 2
  • Units 4
  • Square Feet 5,000
  • Utilities Internet - Cable

This Turn Key Mixed Use Investment Building Is Perfect For Your Portfolio! Two larger commercial units below totaling almost 3,600 sqft of open and creative space currently leased together as a dance studio but can be separated for greater flexibility very easily when current tenants lease expires. Upstairs you will find two nicely sized and attractive 1BR apartments that are also currently rented and tenant occupied. Both units have their own private storage area for additional storage needs on ground level. Plenty of on site parking and common area parking for many different business opportunities you could explore with a property like this! Solid building and PUD amenities make this investment easy to manage with great numbers even though they are currently under the going market rate. Commercial space in this area goes for around $1.00 per sqft. This zoning district offers a lot of great opportunities for your business while bringing in additional residential rental income! What a great ROI this could be for you! You don't find opportunities like this one very often for this price so take advantage while you can!

Listed by Blake Gintof of Signature Properties of Vermont

$
$
%
$/month over payments
Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Broker Reciprocity 

Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated March 24, 2023 2:23 AM EDT