Multi-Family for Sale: 246 East Avenue, Burlington, VT 05401

1 full baths
1,944 sqft
$695,000
$695,000
246 East Avenue, Burlington, VT 05401
1 full baths
1,944 sqft
$695,000
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Price:
$695,000

Type Multi-Family
Style Tri-Level
Baths 1 full baths
Square Feet 1,944 sqft
Lot Size 0.26 acres
Year Built 1957
Taxes Paid $9,093

City Burlington
County Chittenden

MLS 5065964
Status Active
DOM 119 days
Development Potential! Walking Distance to the University of Vermont Medical Center and The University of Vermont College. Currently rented through May 31st 2026 with an annual gross income of $48,000. A new lease has been signed for June 1st 2026 through May 31st 2027 for an annual gross income of $54,000. Inspected and registered with the city for rental use. The Comprehensive Development Ordinance that was enacted by the City in 2025 would allow more units as this property is now Zoned Residential Lower Intensity. (Zoning Map and Zoning Explanation in Documents) Plans would need to be submitted and approved by the City of Burlington. Showings are by appointment.

Lot & Building Features

Utilities Underground Gas, Cable
Construction Wood Frame
Cooling None
Heating Natural Gas, Hot Air
Sewer Public
Tax Year 2026
Taxes Paid $9,093
Water None
Basement Description Concrete, Concrete Floor
Foundation Block
Lot Description Level
Roof Shingle
Garage Yes

Price History of 246 East Avenue

Date Name Price Difference
10/16/2025 Listing Price $695,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$490,000
$238 / sqft
Average
$616,810
$310 / sqft
High
$792,000
$375 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Burlington 05401 0 1.0 $695,000 1,944 $358 N/A
103-105 Hayward Street Burlington 05401 4 2.0 $792,000 2,112 $375 07/02/2025
148-150 Park Street Burlington 05401 6 2.0 $505,000 1,844 $274 10/14/2025
454 North Avenue Burlington 05401 5 2.0 $550,000 1,889 $291 04/30/2025
50 Bright Street Burlington 05401 6 2.0 $701,097 2,105 $333 06/12/2025
89 Pitkin Street Burlington 05401 5 2.0 $695,000 2,100 $331 05/15/2025
11 Grant Street Burlington 05401 5 2.0 $610,000 1,980 $308 05/29/2025
174-176 Intervale Avenue Burlington 05401 5 2.0 $520,000 1,904 $273 07/10/2025
244 North Street Burlington 05401 4 1.0 $490,000 2,060 $238 06/25/2025
65-67 North Willard Street Burlington 05401 5 2.0 $730,000 1,964 $372 08/01/2025
316 Patchen Road South Burlington 05403 3 2.0 $575,000 1,932 $298 11/10/2025

Map of 246 East Avenue, Burlington, VT

Location Map Street View
Listed by Champagne Real Estate, Andrea Champagne
Photo of Maureen Carey
Direct: 603-944-7834
Office
560 High Street
Hampton, NH 03842
603-929-1100
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1.3084834532374%
6.75%
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246 East Avenue (MLS #5065964) is a tri-level multi-family listing located in Burlington, VT. This multi-family listing is 1,944 sqft and on a lot of 11,326 sqft (or 0.26 acres) and is 69 years old. This property was listed on 10/16/2025 and has been priced for sale at $695,000.

The 5 bedroom multi-family listing at 65-67 North Willard Street in Burlington is nearby and sold for $730,000 on 08/01/2025. Another nearby 3 bedroom multi-family listing, 316 Patchen Road in South Burlington sold for $575,000 on 11/10/2025.

Nearby zip codes are 05401 1480, 05401 5219, 05403, 05404 and 05446. This property neighbors other cities such as Colchester, Essex Junction, Shelburne, South Burlington and Winooski.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Champagne Real Estate

Copyright 2026 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. Data last updated 02/12/2026