$1,495,000

35 Meadow Ln Castleton, VT 05732

8,280 sqft
1.6 acres
$181 / sqft
Land

Property details

About 35 Meadow Ln

Prime Multi-Family Investment Opportunity in Castleton, Vermont This is a rare opportunity to acquire three solid brick buildings, each containing four units, for a total of twelve rental units in the heart of historic Castleton. Nearly all of the units have been extensively renovated, offering updated interiors and minimal capital improvements needed. The property maintains near 100% occupancy, reflecting strong rental demand and stable income. Located just minutes from Lake Bomoseen and Castleton University, this portfolio benefits from a highly desirable location with consistent tenant interest. Each building offers spacious units, ample parking, and a walkable neighborhood setting. The buildings are centrally located within the charming downtown area, providing easy access restaurants and other community amenities. This is a turnkey investment opportunity that provides reliable cash flow and long-term appreciation potential. It’s ideal for both seasoned investors and those looking to grow their multi-family portfolio.

Highlights

Home typeOther
HeatingOil
StatusActive
Size8,280 sqft
BasementYes
Lot size1.6 Acres
Year built1971
ParkingDriveway, On-Site
MLS #5038163

Summary

  • Basement: Yes
  • Parking: Driveway, On-Site
  • Heating: Oil
  • List Price: $1,495,000
  • Price/SqFt: $180
  • Annual Tax Amount: $18,562
  • Tax Year: 2023
  • Year Built: 1971
  • Stories: 2
  • Living Area: 8,280 SqFt
  • Lot Size: 1.6 Acres
  • MLS Number: 5038163
  • Office Name: KW Vermont-Killington
  • Office Phone: (802) 345-0693
  • Listing Agent: Will Spanos

IDX© Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site 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: 6/27/2025, 3:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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35 Meadow Ln, Castleton, VT 05732

$1,495,000

35 Meadow Ln

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$838,000$18,562
2022$838,000$17,673
2020$838,000$17,112

History based on county public records data.

Nearby schools

3

Castleton Elementary School

Public District PK-5

2.2 mi

263 Elementary School Rd

4

Poultney Elementary School

Public District PK-6

5.9 mi

96 School Cir

2

Rutland Intermediate School

Public District 3-6

10.1 mi

63-65 Library Avenue

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,602. Most Castleton, VT residents have annual incomes less than $<35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

44%
<35k
41%
35k-100k
13%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

46%
Single, No Kids
9%
Single, with Kids
31%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
5%
12-17 yrs old
46%
18-34 yrs old
32%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • HuntingHunting
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Bass Pro ShopsBass Pro Shops
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

Frequently asked questions

About 35 Meadow Ln

The listing price of 35 Meadow Ln property is $1,495,000.

The property 35 Meadow Ln is land located in Castleton, Vermont, 05732.

Active Listing: 35 Meadow Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 35 Meadow Ln are: Castleton Elementary School (GreatSchools Rating 3/10), Poultney Elementary School (GreatSchools Rating 4/10), Rutland Intermediate School (GreatSchools Rating 2/10), Fair Haven Grade School (GreatSchools Rating 3/10), Rutland Middle School (GreatSchools Rating 2/10), Orwell Village School (GreatSchools Rating 7/10), Fair Haven Union High School (GreatSchools Rating 5/10), Poultney High School (GreatSchools Rating 2/10), West Rutland School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $18,562 (source: MLS/based on county public records data).

The property 35 Meadow Ln is 1.6 acres.

The property 35 Meadow Ln is 8,280 SqFt (source: MLS/tax record).

The year of construction for 35 Meadow Ln is 1971.

This home is located at 35 Meadow Ln in Castleton, VT and zip code 05735. This 8,280 square foot home, which was built in 1971, sits on a 1.60 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 28, 2025 and is currently priced at $1,495,000.

In May 2025 in Castleton, VT there were 71.4% more homes for sale than in April. In May 2025 median list price was $412,450 and the average listing age was 42 days.

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

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