Listed by Flex Realty Group • Flex Realty. Bought with RE/MAX North Professionals.
Off market nov 2023 for $235K
—
Est. refi paymentEst. refi$1,549/mo
5
bd
•
3 ba
•
3,172
sq ft
5281 Main St, Franklin, VT 05457
About this home
Introducing 5281 Main Street, Franklin, VT 05457 – an exceptional opportunity. This 3-unit multi-family presents a smart investment or owner-occupy option. Two cozy 1-bed, 1-bath units grace the first floor, offering ideal living spaces. Ascend to the second floor, where a spacious 3-bed, 1-bath unit awaits, boasting an expansive open floor plan, updated kitchen, hardwood floors, and captivating exposed beams. Beyond the walls, the property unveils a generously sized backyard. Commuters to St. Albans, VT will relish the mere 25-minute drive. Positioned as an affordable gateway to real estate investment, this property assures cash flow and potential portfolio growth. Utility dynamics blend – some paid by tenants, others by the owner, reflecting balance and sustainability. The owner maintains an assumable mortgage (buyer must qualify), at a very low interest rate - rare find! Seize this chance to invest, reside, and prosper. Act quickly and schedule your showing today. This property won't last! Delayed showings start 08/14.
Multi-familyProperty Type
1900Year Built
0.5 acresLot Size
$74Price/Sq.Ft.
1 garage spacesParking
Listed by Flex Realty Group• Flex Realty
Bought with Katie Brassil• RE/MAX North Professionals
Unfortunately, we don't have enough data to generate an accurate Estimate at this time.
Market trends in 05457, VT
Last updated September 2026
Sale-to-list price
99.2%
+0.8% MoM
Median sale price
$454K
$21K MoM
Avg. days on market
106d
36 days MoM
Recently sold homes
4
1 MoM
Provided by Redfin
Sale history for 5281 Main St
Date
Event
Price
PrimeMLS #4964766
Nov 14, 2023
Sold
$235,000
$74/sq ft
Sep 1, 2023
Contingent
—
Aug 9, 2023
Listed
$250,000
$79/sq ft
PrimeMLS #4843179
Aug 30, 2021
Sold
$195,000
$61/sq ft
May 11, 2021
Pending
—
Jan 5, 2021
Listed
$198,000
$62/sq ft
+19
With multi-unit prices skyrocketing in Chittenden County it’s time to look north for your next, or first, income generating, profitable real estate investment. Now here’s a little revenue gem to help you expand/flesh out your profitable portfolio or start one as you live in one unit while the others pay your mortgage! 2 spacious 1-bedroom units on the first floor and a very large, 3-bedroom unit on the 2nd floor. Excellent rental history with a large and comfortable backyard. Located right in the center of bucolic Franklin close to everything, the first floor units were completely renovated in 2011.
Year
Property tax
Land + Additions
Assessment*
2025
$4,209 (−1.1%)
$27,500 + $195,300
$222,800
2024
$4,254 (+15.0%)
$27,500 + $195,300
$222,800
2023
$3,700 (−16.3%)
$27,500 + $195,300
$222,800
2022
$4,420 (−2.3%)
$27,500 + $195,300
$222,800
2021
$4,523 (−1.9%)
$27,500 + $195,300
$222,800
2020
$4,610 (+5.1%)
$27,500 + $195,300
$222,800
2019
$4,385 (+1.8%)
$27,500 + $195,300
$222,800
2018
$4,308 (+1.7%)
$27,500 + $195,300
$222,800
2017
$4,236 (+6.5%)
$27,500 + $195,300
$222,800
2016
$3,978 (+1.9%)
$27,500 + $195,300
$222,800
2015
$3,904
$27,500 + $195,300
$222,800
2013
$27,500 + $195,300
$222,800
Tax history for 5281 Main St
Year
Property tax
Land + Additions
Assessment*
2025
$4,209 (−1.1%)
$27,500 + $195,300
$222,800
2024
$4,254 (+15.0%)
$27,500 + $195,300
$222,800
2023
$3,700 (−16.3%)
$27,500 + $195,300
$222,800
2022
$4,420 (−2.3%)
$27,500 + $195,300
$222,800
2021
$4,523 (−1.9%)
$27,500 + $195,300
$222,800
2020
$4,610 (+5.1%)
$27,500 + $195,300
$222,800
2019
$4,385 (+1.8%)
$27,500 + $195,300
$222,800
2018
$4,308 (+1.7%)
$27,500 + $195,300
$222,800
2017
$4,236 (+6.5%)
$27,500 + $195,300
$222,800
2016
$3,978 (+1.9%)
$27,500 + $195,300
$222,800
2015
$3,904
$27,500 + $195,300
$222,800
2013
$27,500 + $195,300
$222,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Appliances Included, Cooktop - Electric, Dishwasher, Heat - Oil, Heat Included, Hot Water, Refrigerator, Water Heater
Unit 1 Level Number: 1
Unit 1 Rooms: 3
Unit 1 Style: Flat
Unit 2 Information
Unit 2 Baths: 1
Unit 2 Bedrooms: 1
Appliances Included, Cooktop - Electric, Electric, Heat Included, Hot Water, Range - Electric, Refrigerator
Unit 2 Level Number: 1
Unit 2 Rooms: 3
Unit 2 Style: Flat
Unit 3 Information
Unit 3 Baths: 1
Unit 3 Bedrooms: 3
Appliances Included, Cooktop - Electric, Dishwasher, Disposal, Heat Included, Hot Water, Kitchen Island, Refrigerator, Washer, Dryer – Gas
Unit 3 Lease Term: Month to Month
Unit 3 Level Number: 2
Unit 3 Rooms: 5
Unit 3 Style: Flat
Road Information
Road Frontage: TBD
Road Frontage Length: 75
Paved, Public
Other Location Information
Directions: Route 105 East to Route 120, take left and go to the center of Franklin Village. Property is awhite building on the left, just down from the General Store.
Public facts
Beds: 5
Baths: 3.5
Sq. Ft.: 3,172
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1900
Year Renovated: —
County: Franklin County
APN: 23407510316
Home facts updated by county records on Oct 22, 2026