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460-462 Colchester Avenue, Burlington, VT, 05401

4beds
2baths
2,136sqft
$600,000
$281price/sqft
$3,413/moest. monthly cost
$136,520/yrincome needed

About This Home

Exceptional turn-key Burlington duplex offering strong investment potential or an ideal owner-occupy opportunity. Perfectly positioned just moments from the vibrant dining, nightlife, and shopping of Winooski, also with quick access to UVM, Champlain College, St. Michael’s College, and UVM Medical Center - an appealing location for consistent rental demand. The first-floor apartment features 2 bedrooms and a full bath, complemented by a bright, open living area that flows seamlessly into a generously sized kitchen with updated stainless-steel appliances and ample storage and counter space, plus access to a full basement with in-unit laundry. The upper unit spans the second and third floors and includes 2 spacious bedrooms along with a versatile third-floor flex space, a sun-filled living room, and a well-appointed kitchen with modern stainless appliances and abundant storage. Outdoor highlights include a covered porch with city views of Winooski, as well as a large backyard complete with a patio and storage shed - perfect for entertaining or relaxing. Each unit offers its own washer and dryer along with two off-street parking spaces, and a bus stop directly in front of the property adds everyday convenience for effortless commuting year-round.

Getting Around

74
WalkingVery Walkable
35
TransitSome Transit
73
BikeVery Bikeable

Schools

7/10
Edmunds Middle SchoolGrades 6-81.3 mi
7/10

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone
  • Roof: Membrane,Slate
  • Construction materials: Wood Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Bulkhead,Concrete,Concrete Floor,Dirt,Dirt Floor,Full,Slab,Interior Stairs,Storage Space,Unfinished,Basement Stairs,Interior Entry

Bedrooms & Bathrooms

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

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,136

Heating & Cooling

  • Heating features: Natural Gas,Hot Air
  • Cooling features: None

Interior Area

  • Total structure area: 2,976
  • Total interior livable area: 2,136 sqft

Property

Details

  • Parcel number: 11403514223
  • Zoning description: RC

Features

  • Levels: Two

Lot

  • Lot size: 6,534 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
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Winter Weather

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 $3,033$36,396
Home Insurance $109$1,308
Property Taxes $0$0
Electricity $271$3,260
Total$3,413$40,956

Income You'd Need if You Spent...

35% on housing$117,017/yr
40% on housing$102,390/yr
45% on housing$91,013/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

$281This listing

vs Other Active Listings

Avg $/sqft

ZIP 05401$286
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
2026-04-09Listed for sale$615,000
2026-01-04Listing removed$680,000
2025-05-27Price change$680,000
2025-04-16Listed for sale$699,000
2024-10-03Listing removed$699,999
2024-09-03Price change$699,999
2024-06-07Listed for sale$730,000
2021-06-01Sold$625,500
2015-06-24Sold$422,500
2014-10-16Sold$175,000
2007-06-04Sold$242,275

For Sale by Agent

AgentLipkin Audette Team
BrokerageColdwell Banker Hickok and Boardman

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