Take a look at this versatile two-unit property ideally situated close to local shopping, restaurants, and just a short distance from popular ski areas. Whether you’re seeking an investment opportunity, a place to call home, or a combination of both--this property offers endless potential! The three-bedroom apartment features a spacious living area with a traditional floor plan, natural light, and a generous amount of living space—perfect for comfortable everyday living or hosting guests. The main level studio apartment has a cozy and efficient layout, ideal for long-term rental income or short-term stays. Currently operating as a successful Airbnb, this property provides immediate income potential. With flexible use options, it could serve as a primary residence with a rental unit, a dual long-term rental, or continue as a profitable short-term rental. Lastly: a large parking lot, fenced in yard, and two story garage accompanied by many recent upgrades -- you will not want to miss out on this one!
Active under contract
Listed by:
Max S Walker,
Watson Realty & Associates 802-773-3500
$225,000
10 Sheldon Place, Rutland City, VT 05701
3beds
1,198sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$188/sqft
$-- HOA
What's special
Two story garageLarge parking lotCozy and efficient layoutTraditional floor planFenced in yardNatural light
- 28 days |
- 1,281 |
- 99 |
Zillow last checked: 8 hours ago
Listing updated: November 20, 2025 at 11:52am
Listed by:
Max S Walker,
Watson Realty & Associates 802-773-3500
Source: PrimeMLS,MLS#: 5069358
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Water Heater
Features
- Flooring: Wood
- Basement: Full,Interior Stairs,Unfinished,Interior Entry
Interior area
- Total structure area: 2,636
- Total interior livable area: 1,198 sqft
- Finished area above ground: 1,198
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Crushed Stone, Driveway, Garage, Off Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Patio & porch: Covered Porch
- Exterior features: Garden
- Frontage length: Road frontage: 46
Lot
- Size: 6,098.4 Square Feet
- Features: City Lot, Landscaped, Level, Near Shopping, Near School(s)
Details
- Additional structures: Barn(s)
- Parcel number: 54017013307
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Brick, Stone
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable at Site
Community & HOA
Location
- Region: Rutland
Financial & listing details
- Price per square foot: $188/sqft
- Tax assessed value: $121,700
- Annual tax amount: $4,966
- Date on market: 11/12/2025
Estimated market value
Not available
Estimated sales range
Not available
$2,459/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2025 | Listed for sale | $225,000-13.1%$188/sqft |
Source:  PrimeMLS #5069358 Report a problem | ||
| 10/1/2025 | Listing removed | $259,000$216/sqft |
Source: PrimeMLS #5046595 Report a problem | ||
| 7/3/2025 | Price change | $259,000-11.6%$216/sqft |
Source: PrimeMLS #5046595 Report a problem | ||
| 6/15/2025 | Listed for sale | $293,000+409.6%$245/sqft |
Source: PrimeMLS #5046595 Report a problem | ||
| 10/7/2021 | Sold | $57,500+24.4%$48/sqft |
Source: PrimeMLS #4874091 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $121,700 |
| 2023 | -- | $121,700 |
| 2022 | -- | $121,700 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,300/mo
Principal & interest
$872
Property taxes
$349
Home insurance
$79
Climate risks
Neighborhood: Rutland City
Nearby schools
GreatSchools rating
- 4/10Rutland Intermediate SchoolGrades: 3-6Distance: 0.5 mi
- 3/10Rutland Middle SchoolGrades: 7-8Distance: 0.6 mi
- 8/10Rutland Senior High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: Rutland City School District
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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