Browse All Montpelier City VT Between $600K - $700K Properties for Sale

Stop and take a second look, you may think you’ve seen it all before, but 11 Cherry Avenue in Montpelier is a true vintage gem. Built in 1905, this classic 3-bedroom, 1.5-bath home beautifully marries turn-of-the-century character, charm, and quality craftsmanship with modern comfort. Set on a rare, generous 0.52-acre level lot, it offers the ultimate luxury: exceptional privacy, space for gardening and outdoor fun, and freedom from flood zone worries—all just a stone's throw from vibrant downtown Montpelier. Step inside to a bright, well-designed mudroom with an impressive wall of custom built-in cabinetry—perfect for organizing coats, boots, and gear. The thoughtfully planned kitchen features gleaming butcher block countertops, high-end appliances, and an intuitive layout designed for effortless cooking and entertaining. Just off the kitchen, you’ll find a convenient half bath with laundry. The separate formal dining room serves as a peaceful gathering spot, featuring a grand window framing views of lush greenery. Unwind in two distinct living spaces, complete with a stylish pellet stove to keep nights cozy, while numerous windows flood the main floor with natural light. A versatile bonus room on the first level offers flexible space for a home office, playroom, or craft studio. Upstairs, you’ll discover three spacious bedrooms, including one with an adjacent bonus space—ideal for a walk-in closet, home office, or nursery. An updated full bathroom with a timeless clawfoot tub completes the second floor. Beyond the main living areas, the current owner transformed the third floor into an incredible finished attic space, perfect for a dedicated work studio or lounge area. Outside, enjoy your own private oasis on over half an acre of flat, usable yard space surrounded by a welcoming, tight-knit neighborhood close to nearby trail systems. Offering space, privacy, historic charm, and unbeatable proximity to downtown, this unique home has so much to offer.

11 Cherry Ave, Montpelier

$650,000

6 Beds ⋅ 3 Baths ⋅ 5105455 MLS

A rare opportunity in Montpelier, this spacious 6-bedroom, 3-full-bath home offers an abundance of space in a welcoming neighborhood setting just minutes from all that downtown has to offer. Six-bedroom homes are hard to come by, making this property an especially unique find for those seeking flexibility, room to spread out, or space for guests, home offices, hobbies, and more. Inside, beautiful hardwood floors run throughout much of the home, adding warmth and character. The inviting living room features a pellet stove, perfect for cozy Vermont days. Two separate staircases lead upstairs, creating two distinct two-bedroom areas with a versatile layout with plenty of possibilities. While the home is ready for its next chapter and would benefit from some cosmetic updating, that's part of the opportunity! Bring your own style and vision to make the space truly your own while building on the home's existing character and generous footprint. An oversized two-car garage provides excellent space for vehicles, storage, or a workshop. An additional .25+/- acre lot next door is also available for purchase, offering even more possibilities. Enjoy the feel of an established neighborhood while being conveniently close to Montpelier's restaurants, shops, schools, parks, and vibrant downtown. With six bedrooms, three full baths, hardwood floors, abundant space, and so much potential, this is a property that's difficult to replicate.

33 Colonial Dr, Montpelier

$695,275

5096015 MLS

Not located in an active FEMA-designated flood zone and not impacted by flooding events, this exceptional 7-unit investment opportunity at 254 Elm Street in Montpelier, presents investors with a rare chance to acquire a well-positioned asset offering immediate income and future growth potential. Located in Vermont’s capital city, the property benefits from a strong and diverse tenant base supported by state government offices, healthcare providers, educational institutions, and local businesses. The building currently consists of seven residential units, providing stable cash flow and minimizing vacancy risk through multiple income streams. Investors will appreciate the opportunity to further increase value through thoughtful renovations, improved management strategies, and rental adjustments over time. In addition to the potential for an eighth unit (buyer to verify permitting and zoning), there may be opportunities to create additional units, offering further upside and long-term value enhancement. Opportunities of this size are increasingly difficult to find in the Montpelier market, where inventory remains limited and demand for quality rental housing continues to be strong. With the potential to achieve a 10%+ capitalization rate based on current or optimized operations, the property stands out as an attractive option for investors seeking both yield and long-term appreciation. Situated on Elm Street, residents enjoy easy access to downtown Montpelier’s restaurants, shops, recreation, and community amenities, while Interstate 89 provides convenient regional access throughout Central Vermont. Combining strong income characteristics, expansion possibilities, and a highly desirable location, 254 Elm Street offers a compelling opportunity for investors seeking a scalable asset in one of Vermont’s most established and resilient rental markets. Please note that property taxes have been accounted for in the operating expenses used in the financial information.

254 Elm St, Montpelier

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Between $600K - $700K Montpelier City Real Estate

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