OFF MARKET

Listed by Hughes Group Team • Casella Real Estate. Bought with Watson Realty & Associates.

Off market oct 2021 for $190K

$267,506

•

2 ba

•

2,986

sq ft

87 State St, Rutland, VT 05701

About this home

Here is very well maintained multi purpose residential/commercial property. Upstairs there are two updated apartments. Both units have an open concept layout. The front unit has 1 bedroom and the back unit has 1 bedroom with a large walk in closet and a second room that is used as an office. The entire first floor was previously a small restaurant consisting of 50 seats, but is a great location for a business of any kind. The building offers many opportunities, you could purchase it and live above your business or you could easily change the use of the first floor to an apartment, all that it should need is a shower. There is even enough space to renovate the first floor into 2 apartments if desired.

Multi-familyProperty Type

1910Year Built

9,147 sq ftLot Size

$90Est. Price/Sq.Ft.

6 spacesParking

Listed by Hughes Group Team • Casella Real Estate

Bought with Nancy Greenwood • Watson Realty & Associates

Redfin checked: a minute ago

•Source:PrimeMLS #4878441

Redfin Estimate

$267,506

$78K since sold in October 2021$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.7% higher than the average sale price ($231K) of 6 comparable homes.

SOLD JUN 30, 2026
$245,000
A
3 beds1 bath1,512 sq ft
213 Columbian Ave, Rutland, VT 05701
SOLD JUL 28, 2026
$135,000
B
3 beds2 baths3,314 sq ft
133 Grove St, Rutland, VT 05701
SOLD OCT 30, 2026
$260,000
C
3 beds2 baths1,719 sq ft
64 East St, Rutland, VT 05701
SOLD SEP 9, 2026
$302,000
D
4 beds2 baths2,366 sq ft
129 Lincoln Ave, Rutland, VT 05701
SOLD OCT 14, 2026
$210,000
E
5 beds2 baths1,864 sq ft
138 Maple St, Rutland, VT 05701
SOLD APR 16, 2026
$235,000
F
4 beds2 baths2,308 sq ft
21 Crescent St, Rutland, VT 05701

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 05701, VT

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.5%

0.3% MoM

Median sale price

$301K

$9K MoM

Avg. days on market

58d

7 days MoM

Recently sold homes

7 MoM

New listings for sale

NEW 35 HRS AGO
$65,000
2 beds1.5 baths924 sq ft
9 Billings Mobile Mnr, Rutland, VT 05701
VIDEO TOUR
$659,000
4 beds3.5 baths3,632 sq ft
53 Ruth Ave, Rutland, VT 05701
3D WALKTHROUGH
$395,000
5 beds2 baths3,136 sq ft
70 Elm St, Rutland, VT 05701
OPEN SAT, 9:30AM TO 11AM
$335,000
2 beds2 baths2,061 sq ft
43 Jefferson St, Rutland, VT 05701-2514
3D WALKTHROUGH
$249,000
2 beds2 baths2,202 sq ft
10 Evergreen Ave, Rutland, VT 05701
$299,000
4 beds2 baths2,020 sq ft
61 Pierpoint Ave, Rutland, VT 05701
$495,000
3 beds2 baths1,796 sq ft
324 Gloria Ave, Rutland, VT 05701
$259,000
3 beds1 bath1,610 sq ft
209 State St Unit 2, South Woodstock, VT 05071
$417,500
3 beds2.5 baths1,730 sq ft
574 Hitzel Ter, Rutland, VT 05701
$199,000
3 beds1.5 baths1,832 sq ft
2 Lafayette St, Rutland, VT 05701
See all

Provided by Redfin

Sale history for 87 State St

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Rutland County

APN

540-170-11672

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 8, 2021.

Property details

Interior

Virtual Tour

Basement Information
Basement: Yes
Basement Access: Interior

Multi-Unit Information
Total Units: 3
# of 1 Bedroom Units: 2
Parking: Off Street, On-Site, Parking Spaces 6+
Water: Public
Sewer: Public
Electric: 100 Amp, Circuit Breaker(s)
Construction: Wood Frame
Foundation: Brick, Stone
Exterior: Vinyl Siding
Roof: Shingle - Asphalt
Driveway: Gravel
Heating: Baseboard, Hot Water
Heat Fuel: Oil
Cooling: Mini Split
Water Heater: Electric
Basement Description: Concrete Floor, Unfinished

Unit 1 Information
Unit 1 Level Number: 1
Unit 1 Style: Business

Unit 2 Information
Unit 2 Baths: 1
Unit 2 Bedrooms: 1
Unit 2 Level Number: 2
Unit 2 Style: Residential

Unit 3 Information
Unit 3 Baths: 1
Unit 3 Bedrooms: 1
Unit 3 Level Number: 2
Unit 3 Style: Residential

Exterior

Building Information
Construction Status: Existing
Approximate Sq. Ft. Total Finished: 2986
Approximate Sq. Ft. Total: 4186

Lot, Zoning, & Easement Information
City Lot

Survey Information
Surveyed: Unknown

Other Property & Lot Information
Year Built: 1910

Financial

Tax Information
Tax Year: 2021
Gross Amount Tax: 8430.12
SPAN Number: 540-170-11672

Other Tax Information
Page Deed: 594

Utilities

Other Utilities Information
Telephone Available

Location

Road Information
Road Frontage: TBD
Paved, Public

Other Location Information
Directions: North side of State Street west of Grove Street. Next to Ted's Pizza and across from Rutland District Courthouse

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Rutland County
APN: 540-170-11672

Home facts updated by county records on Apr 8, 2021

Around this home

Schools

K - 12
Preschool & daycare

Rutland Intermediate School

Public 3-6 • Assigned • 0.3mi

4/10

Rutland Middle School

Public 7-8 • Assigned • 0.3mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

Flood Factor

We're working on getting current and accurate flood risk information for this home.

Fire Factor

We're working on getting current and accurate fire risk information for this home.

3/10 Heat Factor

8 hot days expected this year, 18 days in 30 years

Wind Factor

We're working on getting current and accurate wind risk information for this home.

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Rutland, VT • 05701

Average low and high temperatures (°F)

26°

13°

30°

10°

46°

25°

57°

36°

63°

46°

76°

56°

80°

60°

78°

54°

73°

48°

59°

38°

45°

30°

31°

17°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.5 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

8.5 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$255,000 – $308,000

Sell confidently with a local market expert in Rutland. 3 minutes to get started.

Nearby similar homes

$299,000

5 beds2 baths2,080 sq ft

41 Furnace St, Poultney, VT 05764

Renovated duplex • New roof • New windows

$165,000

4 beds2 baths1,704 sq ft

137 Maple St, Rutland, VT 05701

Upside potential • Multifamily property • Value-add potential

$225,000

4 beds2 baths2,474 sq ft

31 Baxter St, Rutland, VT 05701

Two unit multifamily • Convenient location • Generous footprint

$365,000

6 beds3 baths3,443 sq ft

1963 Forest Dale Rd, Brandon, VT 05733

Turnkey triplex • Updated triplex • Washer dryer

$475,000

5 beds2 baths3,500 sq ft

235 Main St, Poultney, VT 05764

Recently renovated • Circular driveway • Ample parking

$335,000

4 beds2 baths1,998 sq ft

48-50 Taylor Hill Rd, Proctor, VT 05765

Renovated duplex • Dead-end corner lot • Walk-up attic access

New listings for sale in 05701

NEW 35 HRS AGO

$65,000

2 beds1.5 baths924 sq ft

9 Billings Mobile Mnr, Rutland, VT 05701

Single-level living • First-floor laundry • Accessibility ramp

VIDEO TOUR

$659,000

4 beds3.5 baths3,632 sq ft

53 Ruth Ave, Rutland, VT 05701

Screened porch • Above-ground pool • Fully fenced yard

3D WALKTHROUGH

$395,000

5 beds2 baths3,136 sq ft

70 Elm St, Rutland, VT 05701

Updated kitchens • Updated bathrooms • New windows

OPEN SAT, 9:30AM TO 11AM

$335,000

2 beds2 baths2,061 sq ft

43 Jefferson St, Rutland, VT 05701-2514

One level living • Hardwood floors • Natural light

3D WALKTHROUGH

$249,000

2 beds2 baths2,202 sq ft

10 Evergreen Ave, Rutland, VT 05701

Stained glass window • Tall trim • Wood doors

$299,000

4 beds2 baths2,020 sq ft

61 Pierpoint Ave, Rutland, VT 05701

Renovated property • Rutland country club • 0.47 acre lot

$495,000

3 beds2 baths1,796 sq ft

324 Gloria Ave, Rutland, VT 05701

Updated kitchen • Private bath • First floor laundry

$259,000

3 beds1 bath1,610 sq ft

209 State St Unit 2, South Woodstock, VT 05071

Original period trim • Separate utilities • $280 HOA

$417,500

3 beds2.5 baths1,730 sq ft

574 Hitzel Ter, Rutland, VT 05701

Full basement • Open deck • 1.96 acre lot

Home values near 87 State St

Data from public records.

Address	Redfin Estimate
60 Grove Street, Rutland, VT 4 Beds \| 4 Baths \| 2553 Sq. Ft.	$224,088
36 Summer Street, Rutland, VT 4 Beds \| 2 Baths \| 1974 Sq. Ft.	—
34 Summer Street, Rutland, VT 3 Beds \| 2 Baths \| 1584 Sq. Ft.	$97,601
33 Summer Street, Rutland, VT 5 Beds \| 4 Baths \| 3558 Sq. Ft.	—
35 Summer Street, Rutland, VT - Beds \| 4 Baths \| 2752 Sq. Ft.	$258,145
17 Cottage Street Unit R, Rutland, VT - Beds \| - Baths \| 9450 Sq. Ft.	—
7 Grove Street Unit 7, Rutland, VT 2 Beds \| 2.5 Baths \| 1524 Sq. Ft.	$280,563

Address	Redfin Estimate
38 Summer Street, Rutland, VT 4 Beds \| 2.5 Baths \| 3078 Sq. Ft.	$319,637
40 Summer Street, Rutland, VT 4 Beds \| 4 Baths \| 2886 Sq. Ft.	$295,801
65 Grove Street, Rutland, VT 7 Beds \| 2.5 Baths \| 4411 Sq. Ft.	$364,190
25 Cottage Street, Rutland, VT - Beds \| 6 Baths \| 6292 Sq. Ft.	$414,836
67 Grove Street, Rutland, VT 5 Beds \| 4 Baths \| 3412 Sq. Ft.	$310,519
23 Cottage Street, Rutland, VT 6 Beds \| 6 Baths \| 3605 Sq. Ft.	$576,782
59 Grove Street, Rutland, VT - Beds \| 4 Baths \| 3066 Sq. Ft.	$347,138

Address	Redfin Estimate
37 Summer Street, Rutland, VT 4 Beds \| 4 Baths \| 3261 Sq. Ft.	$306,708
68 Grove Street, Rutland, VT 3 Beds \| 3 Baths \| 3255 Sq. Ft.	$324,548
41 Summer Street, Rutland, VT 6 Beds \| 4 Baths \| 3202 Sq. Ft.	$343,965
64 Grove Street, Rutland, VT - Beds \| - Baths \| 3674 Sq. Ft.	$238,304
32 Merchants Row, Rutland, VT 8 Beds \| 4 Baths \| 3348 Sq. Ft.	$409,384
30 Pine Street, Rutland, VT 26 Beds \| 13 Baths \| 11722 Sq. Ft.	$726,265
71 Grove Street, Rutland, VT 5 Beds \| 2 Baths \| 3306 Sq. Ft.	$327,925

Property information provided by PrimeMLS when last listed in 2021. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

Redfin Brokerage Licenses

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

05701 homes for sale
05765 homes for sale
05702 homes for sale
05777 homes for sale

Peru homes for sale
Killington homes for sale
Londonderry homes for sale
Barnard homes for sale
Plymouth homes for sale

Houses for rent in Rutland	Agents near me	South Burlington, VT homes for sale	Rutland Housing Market
Houses for sale near me	Burlington, VT homes for sale	Brattleboro, VT homes for sale
Land for sale near me	Stowe, VT homes for sale	Waterbury, VT homes for sale
Open Houses near me	Woodstock, VT homes for sale	Rutland Property Records
Condos for sale near me	Montpelier, VT homes for sale	VT New Listings

Castleton homes for sale
Ludlow homes for sale
Brandon homes for sale