2 months on rocket

184 Elm St, Montpelier, VT, 05602


0.28 Acres
Schools Nearby


Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingDriveway, Reserved
Year Built1850
HeatingHeat Pump, Steam, Zoned
CoolingNone, Zoned
MLS #4991351
Lot Size0.28 Acres

About 184 Elm St

Turn key, stabilized, fully leased, renovated and well-maintained six unit apartment building for sale in downtown Montpelier. Three 2-bedroom units, and three 1-bedroom units, all with laundry and hardwood floors. Units have been renovated with granite countertops, stainless appliances, renovated bathrooms, floors, paint, and much more. Units 1 and 2 share the front porch, and have a shared laundry. Units 3 and 4 enter from the side, and units 5 and 6 are newly built in a converted carriage barn. Strong rental history. Tenants pay their own utilities. Units 1-4 heat with an oil furnace and Units 5-6 have heat pumps and mini-splits. NOI $87,000 makes this a solid 6% cap rate for a high quality building. Assigned off street parking for each unit. Nice backyard as well, for tenants to enjoy. Barn is part of this property as well, and has areas clearly marked off for tenants to use as storage. **Please note that the structure did NOT flood in July 2023. Land is in the 1% flood hazard zone, but LOMA is in place attesting that the building is outside of the flood zone.** Incredibly convenient to downtown Montpelier’s restaurants and shopping. 48 hours notice for showings please, no exceptions.

Property Details

Property Features

Property Information:

  • Year Built: 1850
  • Stories: 2
  • Living Area: 5,084 SqFt

Listing Office:

  • Office Name: Green Light Real Estate
  • Office Phone: (802) 225-6425
  • Listing Agent: Ray Mikus

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Driveway, Reserved

Virtual/3D Tour

  • 3D Tour: 184 Elm St

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres


Utilities Information:

  • Heating: Heat Pump, Steam, Zoned
  • Cooling: None, Zoned

School Info

Assigned Schools Information:

  • Main Street School, Public District Grades 6-8
  • Union Elementary School, Public District Grades PK-5


Directions Information:

  • Directions: Very easy to find, downtown Montpelier. GPS is all you need, not to be glib.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
  • Price Per SqFt: $285/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Montpelier, VT.

Med. List Price


Med. Price/SqFt


Avg. Days On Market


# of Sold Homes


184 Elm St vs Montpelier


-7 Days


+$1.0M More


+$56 More


This property is $1.0M more than the Median List Price and $56/SqFt more than other homes in Montpelier, VT.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4991351

Listing Office:

  • Office Name: Green Light Real Estate
  • Office Phone: (802) 225-6425
  • Listing Agent: Ray Mikus

IDX© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/13/2024, 2:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 10, 2014Home Sold

History based on county public records data.

Payment Calculator


Per Month

Recommended Financing

30-Year Fixed


7.5% / 6.68%

Total Monthly Payment


Powered By

Rocket Mortgage




Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

  • Union Elementary School

  • 1 Park Ave

  • 0.32 miles

  • Public District Grades PK-5

Middle School

  • Main Street School

  • 170 Main St

  • 0.15 miles

  • Public District Grades 6-8


What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,032. The most common annual income of people living in Montpelier, VT is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 184 Elm St

What is the listing price of this property?

The listing price of 184 Elm St property is $1,450,000.

What type of property is this?

The property 184 Elm St is land located in Montpelier, Vermont, 05602.

Is this property for sale now?

Active Listing: 184 Elm St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 184 Elm St are:
Union Elementary School: GreatSchools Rating 6/10
Main Street School: GreatSchools Rating 8/10

When was this property sold last time and for how much?

The last sale was on July 10, 2014 for $380,000. (source: MLS/tax record).

How much acreage is this property?

The property 184 Elm St is 0.28 acres.
Rocket Homes logo

Interested in 184 Elm St? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.

Rocket HomesVermontWashington CountyMontpelier05602184 Elm St

This home is located at 184 Elm St in Montpelier, VT and zip code 05602. This 5,084 square foot home, which was built in 1850, sits on a 0.28 acre lot. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $1,450,000.

The number of homes for sale in Montpelier, VT increased by 33.3% between May 2024 and June 2024. While the average time on the market in June 2024 was 96 days, the median list price was $445,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources