Kayla Brown
REALTOR®
BEDS9
BATHS7 full
SQUARE FEET5,180
MLS#5107021
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMontpelier
Listing Courtesy of:
KW Vermont-Stowe
Agency Contact: Phone: 802-922-6146
Associate Name: Kelly Realty Group
Property Description
Prime Montpelier Multifamily Investment Opportunity | 6 Units | 100% Occupied | Turnkey Condition. An exceptional opportunity to acquire a fully occupied six unit multifamily property on Elm Street in the heart of Montpelier, Vermont. This turnkey, income producing asset features renovated units, modern kitchens and bathrooms, strong rental demand, and immediate income from established tenancy. The property's outstanding location is within easy walking distance of downtown restaurants, shops, cafes, entertainment, employment centers, and everyday amenities. As Vermont's capital city, Montpelier benefits from a diverse and established tenant base supported by State Government, Central Vermont Medical Center, National Life Group, Cabot Creamery, educational institutions, professional services, and local businesses. Well maintained and fully occupied, the property offers investors a stabilized income producing asset with the scale and operational efficiency of six units, along with potential for continued rent growth and long term appreciation. An elevation certificate is available and does not require flood insurance, providing an additional advantage for ownership and financing. A rare opportunity to acquire a turnkey, higher end six unit investment in one of Vermont's most desirable rental markets.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Bulkhead, Crawl Space, Partial, Unfinished
Cooling: Individual, Mini Split
Heating: Oil, Mini Split
Home Style: Multi-Family
Lot Size: 0.28 Acres
Roof Type: Other, Rolled, Shingle, Standing Seam
Stories: 2.0
Taxes: $17,411
Year Built: 1850
Units
Unit 1:
Bathroom(s): 2
Bedrooms: 2
Rent: $2200.00
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $1750.00
Unit 3:
Bathroom(s): 1
Bedrooms: 2
Rent: $2000.00
Unit 4:
Bathroom(s): 1
Bedrooms: 1
Rent: $1750.00
Unit 5:
Bathroom(s): 1
Bedrooms: 1
Rent: $1800.00
Unit 6:
Bathroom(s): 1
Bedrooms: 1
Rent: $1850.00
Feature Descriptions
Construction: Wood Frame, Clapboard Exterior
Days on Site: 17
Driveway: Gravel
Driveway: Gravel
Electric: Circuit Breaker(s)
Exterior: Wood Frame, Clapboard Exterior
Flood Zone: No
Foundation: Stone
Foundation: Stone
Lot: Landscaped, Sidewalks, In Town, Near Shopping, Neighborhood, Near Hospital, Near School(s)
Roads: Public Maintained Road
Sewer: Public
Sq. Ft. Total Finished: 5180
Total Stories: 2
Units: 6
Water: Public
Zoning: Mixed Use Residential
Local Schools
High School: Montpelier High School
Middle School: Main Street Middle School
Elementary School: Union Elementary School
School District: Montpelier
Listed By / Shown By
Listed By
Agency Name: KW Vermont-Stowe
Agency Contact: Phone: 802-922-6146
Agent Name: Kelly Realty Group
Shown By
Agent Name: Kayla Brown
Agent Phone: (207) 692-6175
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 4,219.87 per month $2,448.12 Principal & Interest $1,450.92 Property Tax $320.83 Homeowner's Insurance
Listing data compilation and photo(s) copyright © 2026 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 2026-09-12 23:33:34 
184 Elm Street | MLS# 5107021
This multi-family property located at 184 Elm Street, Montpelier, VT 05602 is currently listed for sale with an asking price of $1,100,000. Elm Street is located within the Montpelier school district. Search Montpelier real estate on kaylabrown.masiellogrouprealestate.com today.