Listed by Flex Realty Group • Flex Realty. Bought with Pursuit Real Estate.

Off Market Sep 2024 for $350K

$412,333

Est. refi paymentEst. refi $2,204/mo

•

3 ba

•

1,970

sq ft

12 Parsonage Rd, Starksboro, VT 05487

About this home

Discover an exceptional investment opportunity with this well-maintained 3 unit building. This property offers three 1 bedroom/1 bathroom units, making it an ideal choice for savvy investors seeking consistent rental income and impressive returns. With its strategic location halfway between Burlington and Middlebury, excellent tenant history, and eco-friendly features, this apartment building presents an enticing prospect for both seasoned investors and home buyers struggling with low inventory trends. Another standout feature of this apartment building is its large landscaped yard, providing tenants with a beautiful outdoor space to relax and enjoy. In addition to its excellent location and tenant demand, this property boasts solar panels, which provide economical electricity to tenants, reduce their utility costs, and generate a revenue stream for the owner, enhancing the property's overall profitability and appeal to environmentally-conscious renters. Speaking of revenue streams, there is also a couple coin op washer/dryers in the basement common area for tenants to use. This apartment building is not just a property; it's a gateway to a lucrative investment opportunity. The combination of its prime location, strong tenant demand, and additional revenue streams makes it a compelling choice for investors looking to diversify their portfolio. The generous 11% cap rate further underscores its investment potential, making it a standout option in today's real estate market.

Multi-familyProperty Type

1850Year Built

1 acresLot Size

$209Est. Price/Sq.Ft.

6 spacesParking

Listed by Flex Realty Group • Flex Realty

Bought with Leah Eide • Pursuit Real Estate

Redfin checked: a few seconds ago

•Source:PrimeMLS #5009063

Redfin Estimate

$412,333

$62K since sold in September 2024$5,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 28.2% lower than the average sale price ($574K) of 6 comparable homes.

SOLD JUL 14, 2026
$585,000
A
3 beds3 baths2,136 sq ft
4296 Center Fayston Rd, Moretown, VT 05660
SOLD JUL 2, 2026
$570,000
B
3 beds2.5 baths2,752 sq ft
548 Monkton Rd, Monkton, VT 05469
SOLD JUN 30, 2026
$484,000
C
3 beds2.5 baths2,016 sq ft
265 Stonewall Dr, Bristol, VT 05443
SOLD JUL 15, 2026
$925,000
D
4 beds2.5 baths1,984 sq ft
2878 German Flts, Warren, VT 05674
SOLD JUN 26, 2026
$420,000
E
3 beds2 baths1,832 sq ft
2454 VT Rte 116, Starksboro, VT 05487
SOLD MAR 26, 2026
$460,000
F
3 beds2.5 baths1,772 sq ft
182 Rotax Rd, North Ferrisburgh, VT 05469

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Earn from this home

Refinance

Est. cash available

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Market trends in 05487, VT

Last updated July 2026

Sale-to-List Price

100.3%

4.0% MoM

Median sale price

$599K

$135 MoM

Avg. days on market

17d

10 days MoM

Recently sold homes

0 MoM

New listings for sale

NEW 18 HRS AGO
$359,900
1 bed1.5 baths1,344 sq ft
1417 Mason Hl N, Starksboro, VT 05487
$370,000
3 beds1 bath1,866 sq ft
3032 Route 116, Starksboro, VT 05487
$415,000
2 beds1 bath1,014 sq ft
1229 Mason Hl N, Starksboro, VT 05487
See all

Provided by Redfin

Sale history for 12 Parsonage Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,181 (+2.9%)

$76,500 + $301,300

$377,800

2024

$4,065 (+25.3%)

$76,500 + $301,300

$377,800

2023

$3,244 (−24.2%)

$45,000 + $134,600

$179,600

2022

$4,279 (+2.2%)

$45,000 + $134,600

$179,600

2021

$4,188 (−0.4%)

$45,000 + $134,600

$179,600

2020

$4,203 (+5.0%)

$45,000 + $134,600

$179,600

2019

$4,004 (+1.3%)

$45,000 + $134,600

$179,600

2018

$3,951 (+2.6%)

$45,000 + $134,600

$179,600

2016

$3,851 (+3.0%)

$45,000 + $134,600

$179,600

2015

$3,737 (+0.9%)

$48,000 + $131,300

$179,300

2014

$3,702

$48,000 + $130,100

$178,100

2013

$48,000 + $130,100

$178,100

Tax history for 12 Parsonage Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,181 (+2.9%)

$76,500 + $301,300

$377,800

2024

$4,065 (+25.3%)

$76,500 + $301,300

$377,800

2023

$3,244 (−24.2%)

$45,000 + $134,600

$179,600

2022

$4,279 (+2.2%)

$45,000 + $134,600

$179,600

2021

$4,188 (−0.4%)

$45,000 + $134,600

$179,600

2020

$4,203 (+5.0%)

$45,000 + $134,600

$179,600

2019

$4,004 (+1.3%)

$45,000 + $134,600

$179,600

2018

$3,951 (+2.6%)

$45,000 + $134,600

$179,600

2016

$3,851 (+3.0%)

$45,000 + $134,600

$179,600

2015

$3,737 (+0.9%)

$48,000 + $131,300

$179,300

2014

$3,702

$48,000 + $130,100

$178,100

2013

$48,000 + $130,100

$178,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1 Acre

Year renovated

—

Sq. Ft.

1,970

Year built

1850

Style

Other

County

Addison County

APN

61519310072

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 16, 2026.

Property details

Interior

Basement Information
Basement: Yes
Basement Access: Walkout

Exterior

Building Information
Architectural Style: Multi-Family
Construction Status: Existing
Construction Materials: Wood Frame, Wood Siding
Approximate Sq. Ft. Total Finished: 1970
Approximate Sq. Ft. Total: 2738

Lot, Zoning, & Easement Information
Lot Features: Corner, Landscaped, Level

Income Information
Net Income: $28,798

Survey Information
Surveyed: Unknown

Other Property & Lot Information
Year Built: 1850

Financial

Tax Information
Tax Year: 2023
Gross Amount Tax: 4416.18
SPAN Number: 615-193-10072

Other Tax Information
Page Deed: 117

Utilities

Electric Information
Electric Company: GMP

Water Information
Water Source: Public

Other Utilities Information
Internet: Internet - Cable
Cable Company: Xfinity
Fuel Company: Jackman's of Bristol
Cable - Available
Yes

Location

Multi-Unit Information
Unit Lease Term: Annual
Total Units: 3
# of 1 Bedroom Units: 3
Parking: Parking Spaces 6+
Exterior Features: Deck, Porch - Covered
Sewer: Private, Septic
Electric: 100 Amp, Circuit Breaker(s), Pre-Wired for Renewables
Foundation: Concrete, Stone
Roof: Metal, Shingle - Asphalt
Driveway: Crushed Stone
Heating: Propane, Direct Vent
Cooling: None
Flooring: Carpet, Laminate, Vinyl
Basement Description: Full, Unfinished, Exterior Access

Unit 1 Information
Unit 1 Baths: 1
Unit 1 Bedrooms: 1
Ceiling Fan, Carbon Monoxide Detector, Deck, Heat - Gas, Hot Water, Range - Electric, Refrigerator, Smoke Detector
Unit 1 Lease Term: Annual
Unit 1 Rooms: 4

Unit 2 Information
Unit 2 Baths: 1
Unit 2 Bedrooms: 1
Carbon Monoxide Detector, Heat - Gas, Hot Water, Porch, Range - Gas, Smoke Detector
Unit 2 Rooms: 4

Unit 3 Information
Unit 3 Baths: 1
Unit 3 Bedrooms: 1
Porch, Range - Electric, Refrigerator, Smoke Detector
Unit 3 Lease Term: Annual
Unit 3 Rooms: 4

Road Information
Road Frontage Type: Paved
Road Frontage: TBD

Public facts

Beds: 4
Baths: 3.0
Sq. Ft.: 1,970
Stories: 2.0
Lot Size: 1 acres
Style: Other
Year Built: 1850
Year Renovated: —
County: Addison County
APN: 61519310072

Home facts updated by county records on Jun 16, 2026

Other

Expense Information
Net Income: 28798
Operating Expenses Include: Insurance, Maintenance, Other, Snow, Trash, Utility, Water

Around this home

Schools
Places
Transit

Some nearby schools may not be within this home's attendance zone. Please check the Mt. Abraham Unified School District website to verify.

Robinson School

Public PreK-6 • 0.1mi

7/10

Monkton Central School

Public PreK-6 • 4.3mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 87° expected this year, 15 days in 30 years

2/10 Wind Factor

3% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Starksboro, VT • 05487

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$392,000 – $475,000

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

Nearby similar homes

$1,365,000

Studio3.5 baths18,780 sq ft

14 School St, Bristol, VT 05443

$409,000

3 beds2 baths1,456 sq ft

1916 W River Rd, Lincoln, VT 05443

$144,900

2 beds1 bath784 sq ft

17 Robinson Rd, Lincoln, VT 05443

$269,000

2 beds1 bath864 sq ft

178 Pond Brook Rd, Hinesburg, VT 05461

$185,000

2 beds1 bath876 sq ft

4711 Main Rd, Huntington, VT 05462

OPEN SUN, 11AM TO 1PM

$1,120,000

4 beds3.5 baths3,987 sq ft

149 Elcy Ln, Charlotte, VT 05445

New listings for sale in 05487

NEW 18 HRS AGO

$359,900

1 bed1.5 baths1,344 sq ft

1417 Mason Hl N, Starksboro, VT 05487

$370,000

3 beds1 bath1,866 sq ft

3032 Route 116, Starksboro, VT 05487

$415,000

2 beds1 bath1,014 sq ft

1229 Mason Hl N, Starksboro, VT 05487

Home values near 12 Parsonage Rd

Data from public records.

Address	Redfin Estimate
11 Parsonage Rd, Starksboro, VT 3 Beds \| 2 Baths \| 1630 Sq. Ft.	$371,352
2948 Vt Route 116, Starksboro, VT 4 Beds \| 1.5 Baths \| 1728 Sq. Ft.	$259,466

Address	Redfin Estimate
2658 Vt Route 116, Starksboro, VT 5 Beds \| 2 Baths \| 1915 Sq. Ft.	$416,770
2993 Vt Route 116, Starksboro, VT 6 Beds \| 1 Baths \| 2619 Sq. Ft.	$418,897

Address	Redfin Estimate
2647 Vt Route 116, Starksboro, VT 2 Beds \| 1 Baths \| 1152 Sq. Ft.	$388,820
2912 Vt Route 116, Starksboro, VT 3 Beds \| 2 Baths \| 2096 Sq. Ft.	$440,228

Property information provided by PrimeMLS when last listed in 2024. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 05487, VT

Sale history for 12 Parsonage Rd

Tax history for 12 Parsonage Rd

Public record

Property details

Around this home

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 05487

Home values near 12 Parsonage Rd

More real estate resources