Multi-Family for Sale: 589 South Street, Castleton, VT 05735

2,000 sqft
$275,000
$275,000
589 South Street, Castleton, VT 05735
2,000 sqft
$275,000
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Price:
$275,000
$20,000 - 08/18/2026

Type Multi-Family
Style Colonial
Square Feet 2,000 sqft
Lot Size 0.90 acres
Year Built 1880
Taxes Paid $3,302

City Castleton
County Rutland
School District Slate Valley Unified School District

MLS 5092323
Status Active
DOM 111 days
Investment Opportunity!! Just outside the campus of Vermont State University this 2-unit multi-family property brings multiple options to consider. Situated on almost a one acre level lot with fencing on three sides this property offers privacy along with convenience. Each unit features 3 bedrooms and 1 bathroom. Current leases in place through May 2027. Easy proximity to everything Rutland County has to offer for all four seasons - Lake Bomoseen, Killington and Pico. Walking distance to downtown Castleton for restaurants and amenities. Detailed financials available.

Lot & Building Features

Utilities Cable
Construction Wood Frame
Cooling None
Heating Multi Zone, Hot Water, Baseboard, Propane
Sewer Public
Tax Year 2026
Taxes Paid $3,302
Water Public
Basement Description Interior Stairs
Foundation Concrete
Lot Description Level
Roof Slate
Garage No

Community and Schools

Elementary School Castleton Elementary School
Junior High School Fair Haven Grade School
Senior High School Fair Haven UHSD #16

Price History of 589 South Street

Date Name Price Difference
08/18/2026 Price Adjustment $275,000 6.78%
07/23/2026 Price Adjustment $295,000 7.78%
06/02/2026 Listing Price $319,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 589 South Street, Castleton, VT

Location Map Street View
Listed by Lakes & Homes Real Estate, Nancy Liberatore 802-671-8042
Photo of Paula Munch
Direct: 603-548-0913
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
$
20%
1.2008872727273%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

589 South Street (MLS #5092323) is a colonial multi-family listing located in Castleton, VT. This multi-family listing is 2,000 sqft and on a lot of 39,204 sqft (or 0.90 acres) and is 146 years old. This property was listed on 06/02/2026 and has been priced for sale at $275,000.

Nearby zip codes are 05732, 05739, 05743, 05764 and 06764. This property neighbors other cities such as Fair Haven, Hubbardton, Ira, Poultney and West Rutland.

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: Lakes & Homes 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 10/09/2026