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38 & 48 Third St, Newport, VT 05855
About this home
Great investment property in Newport, VT. Consisting of two separate buildings. One is a 3 story, three unit building with 3 bedrooms in each unit and the other is a 2 story, two unit building with 3 bedrooms in each. These buildings have been in the family for 40+ years and are very convenient to downtown. These apartments have separate electric boxes, nice hardwood floors and porches & are spacious and clean. Priced thousands below assessment, now is the time to invest.
Redfin Estimate
Market trends in 05855, VT
Last updated September 2026
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Seller's Market
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Provided by Redfin
Sale history for 38 & 48 Third St
$19/sq ft
$24/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Parking
- Parking & Garage
- Garage Capacity: 4
- Location: Detached
Interior
- Virtual Tour
- Basement Information
- Basement: Yes
- Basement Access: Interior
- Multi-Unit Information
- Total Units: 5
- # of 3+ Bedroom Units: 5
- # of Baths (full): 5
- Exterior Features: Porch - Enclosed, Porch - Screened, Windows - Storm
- Water: Public
- Sewer: Public
- Electric: 100 Amp, Circuit Breaker(s)
- Construction: Wood Frame
- Foundation: Block, Granite
- Exterior: Vinyl Siding
- Roof: Flat, Rolled
- Driveway: Paved
- Heating: Baseboard, Hot Water, Radiator, Steam
- Heat Fuel: Oil
- Cooling: None
- Flooring: Carpet, Hardwood
- Water Heater: Electric, Off Boiler
- Basement Description: Concrete, Full, Unfinished
- Unit 1 Information
- Unit 1 Baths: 2
- Unit 1 Bedrooms: 3
- Unit 1 Level Number: 1
- Unit 1 Rooms: 6
- Unit 2 Information
- Unit 2 Baths: 2
- Unit 2 Bedrooms: 3
- Unit 2 Level Number: 2
- Unit 2 Rooms: 6
- Unit 3 Information
- Unit 3 Baths: 1
- Unit 3 Bedrooms: 3
- Unit 3 Level Number: 3
- Unit 3 Rooms: 6
- Unit 4 Information
- Unit 4 Baths: 1
- Unit 4 Bedrooms: 3
- Unit 4 Level Number: 1
- Unit 4 Rooms: 6
- Unit 5 Information
- Unit 5 Baths: 1
- Unit 5 Bedrooms: 3
- Unit 5 Level Number: 2
- Unit 5 Rooms: 6
Exterior
- Building Information
- Construction Status: Existing
- Approximate Sq. Ft. Total Finished: 7962
- Approximate Sq. Ft. Total: 10494
- Lot, Zoning, & Easement Information
- City Lot, Major Road Frontage, Sidewalks
- Survey Information
- Surveyed: Unknown
- Other Property & Lot Information
- Year Built: 1900
Financial
- Tax Information
- Tax Year: 2017
- Tax Year Notes: 2016-2017
- Gross Amount Tax: 6676.78
- SPAN Number: 435-136-14894
- Other Tax Information
- Page Deed: 383-385
Utilities
- Other Utilities Information
- Yes
Location
- School Information
- School District: Orleans Essex North
- Elementary School: Newport City Elementary
- Elementary School: Newport City Elementary
- Middle/Jr School: North Country Junior High
- Road Information
- Road Frontage: TBD
- Paved, Public
- Other Location Information
- Directions: Turn onto Third St. off Main St. Go past Radio Shack. See large gray 3 story building on the right with 2 story building in back.
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (5+ Unit)
- Year Built: —
- Year Renovated: —
- County: Orleans County
- APN: 435-136-14894
Other
- Water Body Information
- Flood Zone: Unknown
- Documents & Disclosures
- Documents Available: Deed
Around this home
Schools
Public PreK-6 • Assigned • 1.2mi
Public 9-12 • Assigned • 0.9mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
We're working on getting current and accurate flood risk information for this home.
We're working on getting current and accurate fire risk information for this home.
7 hot days expected this year, 17 days in 30 years
We're working on getting current and accurate wind risk information for this home.
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 7.9 hours in June and 2.1 hours in December, placing it below the U.S. average for solar exposure.
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Home values near 38 & 48 Third St
| Address | Redfin Estimate |
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4 Beds | 3 Baths | 3000 Sq. Ft. | $124,373 |
9 Beds | 4.5 Baths | 4692 Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
5 Beds | 3 Baths | 3576 Sq. Ft. | $216,304 |
- Beds | - Baths | - Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 1987 Sq. Ft. | $183,586 |
14 Beds | 8 Baths | 14521 Sq. Ft. | — |
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