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89 N Prospect St, Burlington, VT 05401
About this home
Excellent investment opportunity in one of Burlington’s most desirable areas for both owning a home and renting an apartment. This historic home has been developed into a 10 unit apartment property featuring bright and clean living spaces, on site parking, and the convenience of being a short walk to University of Vermont, UVM Medical Center, and downtown Burlington. With all 1-2 bedroom units this property is desired by graduate students, undergraduate students, and professionals. The property offers strong tenant history with consistent rental income.
Redfin Estimate
Market trends in 05401, VT
Last updated September 2026
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Seller's Market
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Provided by Redfin
Sale history for 89 N Prospect St
$143/sq ft
$168/sq ft
$92/sq ft
$9/sq ft
Tax history for 89 N Prospect St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Interior
- Basement Information
- Basement: Yes
- Basement Access: Interior
Exterior
- Building Information
- Construction Status: Existing
- Approximate Sq. Ft. Total Finished: 8023
- Approximate Sq. Ft. Total: 8025
- Lot, Zoning, & Easement Information
- Corner
- Income Information
- Net Income: $59,433
- Survey Information
- Surveyed: Unknown
- Other Property & Lot Information
- Year Built: 1900
Financial
- Tax Information
- Taxes Expenses: 24737
- Gross Amount Tax: 24989.2
- SPAN Number: 114-035-16340
- Taxes TBD: Yes
- Other Tax Information
- Page Deed: 428
Utilities
- Trash Information
- Trash Expenses: 1665
- Water Information
- Water Expenses: 3700
- Other Utilities Information
- Utility Expenses: 1200
- Yes
Location
- Multi-Unit Information
- Unit Lease Term: Annual
- Total Units: 10
- # of 1 Bedroom Units: 8
- # of 2 Bedroom Units: 2
- # of Baths (full): 10
- Water: Public
- Sewer: Public
- Electric: On-Site
- Construction: Wood Frame
- Foundation: Stone
- Exterior: Clapboard, Shingle
- Roof: Shingle
- Driveway: Common/Shared, Paved
- Heating: Gas Heater
- Heat Fuel: Gas - Natural
- Cooling: None
- Water Heater: Owned
- Basement Description: Concrete Floor
- Unit 1 Information
- Unit 1 Bedrooms: 1
- Unit 1 Lease Term: Annual
- Unit 2 Information
- Unit 2 Bedrooms: 2
- Unit 3 Information
- Unit 3 Bedrooms: 1
- Unit 3 Lease Term: Annual
- Unit 4 Information
- Unit 4 Bedrooms: 1
- Unit 4 Lease Term: Annual
- Unit 5 Information
- Unit 5 Bedrooms: 1
- Unit 5 Lease Term: Annual
- Unit 6 Information
- Unit 6 Lease Term: Annual
- Unit 6 Style: Studio
- Unit 7 Information
- Unit 7 Bedrooms: 1
- Unit 7 Lease Term: Annual
- Unit 8 Information
- Unit 8 Bedrooms: 1
- Unit 8 Lease Term: Annual
- Road Information
- Road Frontage: TBD
- Public
Public facts
- Beds: 4
- Baths: 10.0
- Sq. Ft.: 5,090
- Stories: 3.0
- Lot Size: —
- Style: Condo/Co-op
- Year Built: 1900
- Year Renovated: 1972
- County: Chittenden County
- APN: 11403516340
Other
- Expense Information
- Net Income: 59433
- Annual Expenses: 55467
- Maintenance Expenses: 6500
- Insurance Expenses: 3182
- Heat Expenses: 6700
- Snow Expenses: 1000
Around this home
Schools
Public PreK-5 • Assigned • 0.7mi
Public 6-8 • Assigned • 0.6mi
Public 9-12 • Assigned • 1.9mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.15% chance of being in a wildfire in next 30 years
7 days above 93° expected this year, 15 days in 30 years
1% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 8.8 hours in June and 2.8 hours in December, placing it below the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 05401
Home values near 89 N Prospect St
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1358 Sq. Ft. | $637,774 |
4 Beds | 2 Baths | 2548 Sq. Ft. | $812,806 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1746 Sq. Ft. | $615,414 |
3 Beds | 3 Baths | 3631 Sq. Ft. | $1,133,072 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 2072 Sq. Ft. | $556,597 |
3 Beds | 2 Baths | 2574 Sq. Ft. | $818,923 |
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