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37 Drew Street, Burlington, VT, 05401

4beds
2baths
1,497sqft
$480,000
$321price/sqft
$3,344/moest. monthly cost
$133,760/yrincome needed

About This Home

This low-maintenance duplex is ideally situated in Burlington, just minutes from downtown shops, restaurants, parks, and the Lake Champlain waterfront - offering easy access to the best of city living. Thoughtfully maintained and updated over the years, the property features a newer shingle roof, vinyl siding, and windows, along with updated plumbing and electrical, providing peace of mind for the next owner. Located directly on the bus line, it offers added convenience for commuters and tenants alike. Each unit includes separate utilities, laundry hookups, and off-street parking. Whether you’re expanding an investment portfolio or looking for a flexible owner-occupied opportunity, this duplex delivers both location and long-term value.

Getting Around

73
WalkingVery Walkable
45
TransitSome Transit
97
BikeBiker's Paradise

Schools

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Brick,Stone
  • Roof: Asphalt Shingle
  • Construction materials: Wood Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Laminate,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,497

Heating & Cooling

  • Heating features: Hot Air
  • Cooling features: None

Interior Area

  • Total structure area: 2,285
  • Total interior livable area: 1,497 sqft

Property

Details

  • Parcel number: 11403514335
  • Zoning description: RM

Features

  • Levels: Two
  • Patio & porch: Porch
  • Exterior features: Garden

Lot

  • Lot size: 1,742 sqft
  • Features: City Lot

Parking

  • Parking features: Paved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Heat Wave
Strong Wind

FEMA Declared Disasters Across Vermont Counties

Flood
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,427$29,124
Home Insurance $87$1,044
Property Taxes $576$6,912
Electricity $254$3,053
Total$3,344$40,128

Income You'd Need if You Spent...

35% on housing$114,651/yr
40% on housing$100,320/yr
45% on housing$89,173/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.7%
5.7%
0%30.0%
Electricity Growth Rate10-year average: 7.6%
7.6%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$321This listing

vs Other Active Listings

Avg $/sqft

ZIP 05401$287
Chittenden County$264

vs Homes Sold Last Month

Median $/sqft

ZIP 05401$396
Chittenden County$270

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-01Price change$480,000
2026-01-06Listed for sale$499,000
2025-12-06Listing removed$499,000
2025-10-22Price change$499,000
2025-10-09Price change$525,000
2025-08-11Price change$570,000
2025-07-01Listed for sale$600,000
2022-05-20Sold$430,000
2021-12-07Price change$429,900
2021-10-26Price change$439,900
2021-09-24Listed for sale$450,000
2002-01-14Sold$155,000
1988-02-17Sold$74,000

For Sale by Agent

AgentLipkin Audette Team
BrokerageColdwell Banker Hickok and Boardman

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