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305 Union Street, Newport, VT, 05855

4beds
2baths
2,758sqft
$295,000
$107price/sqft
$2,304/moest. monthly cost
$92,160/yrincome needed

About This Home

Well maintained DUPLEX for Sale in Newport, VT. Ideal opportunity for an owner/occupant looking to start or build their investment portfolio! 305 Union St has a newer roof and is in a prime location, within walking distance to schools and nearby the hospital, Prouty Beach, and walking trails. Property features large paved driveway with abundant parking, 18'x24' 2-car detached garage (432 SF) with owner's loft above, beautiful landscaping, and fully fenced backyard. The over/under-style duplex has +/-2,758 SF of finished living space, with upper floor Unit 2 being +/-1,326 SF and the main level Unit 1 at 1,432 SF. Unit 1 has a covered/mudroom-type entrance before entering into the large eat-in kitchen w/appliances and in-unit W/D included. Unit 1 has a superb longterm tenant in place & features a formal dining, large living room and den, huge primary bedroom, 2nd bedroom, full bathroom, fully enclosed front porch/sunroom, and a craftsman-style interior with woodworking and built-ins throughout. Unit 2 is the current owner's residence and has a fully enclosed staircase that enters into the updated kitchen w/appliances, dishwasher, and W/D included. The craftsman-style interior boasts a formal dining room, generous living room/den, office/flex room that enters into the primary bedroom, a 2nd bedroom, updated 3/4 bath with walk-in shower, and a fully enclosed porch/sunroom. Unit 1 has access to the +/-810 SF basement. Basement has one water heater and heating system to serve the building. Each unit is separately metered for electric. Boiler is 6-7 yrs old and recently converted to propane. Main building metal roof that is ~3 years old and garage roof is ~15 yrs old (metal, in good shape). Mostly updated windows throughout. 12'x10' storage shed and doghouse included in sale. Most furnishings in Unit 2 are negotiable. On Public water/sewer (City of Newport) with easy access to I-91 and downtown Newport. Unit 2 is vacant and will remain vacant at time of closing.

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

4/10
5/10

Construction

Condition

  • Year built: 1909

Materials

  • Foundation: Concrete
  • Roof: Metal
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Victorian,Craftsman,Four Square
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Propane Water Heater

Basement

  • Has basement: Yes
  • Basement: Concrete,Interior Stairs,Interior Access,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Combination,Laminate,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 2,758

Heating & Cooling

  • Heating features: Propane,Steam
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 4,240
  • Total interior livable area: 2,758 sqft

Property

Details

  • Zoning description: UR (City of Newport, VT)
  • Exclusions: Tenant's Personal Property,Tenant's Microwave,Seller's Personal Property (Seller is open to selling most furnishings at additional expense).

Features

  • Levels: Two
  • Patio & porch: Covered Porch,Enclosed Porch
  • Exterior features: Garden,Shed,Storage
  • Fencing: Dog Fence
  • Frontage length: Road frontage: 60

Lot

  • Lot size: 0.25 Acres
  • Features: City Lot,Curbing,Interior Lot,Landscaped,Sidewalks,Street Lights,In Town,Near Country Club,Near Golf Course,Near Paths,Near Shopping,Near Snowmobile Trails,Near Hospital,Near ATV Trail,Near School(s)

Parking

  • Total spaces: 2
  • Parking features: Paved,Storage Above,Detached,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Lightning

FEMA Declared Disasters Across Vermont Counties

Flood
Mud Landslide
Severe Storm
Tornado
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 $1,491$17,892
Home Insurance $112$1,344
Property Taxes $351$4,212
Electricity $350$4,210
Total$2,304$27,648

Income You'd Need if You Spent...

35% on housing$78,994/yr
40% on housing$69,120/yr
45% on housing$61,440/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: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.6%
7.6%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$107This listing

vs Other Active Listings

Avg $/sqft

ZIP 05855$138
Orleans County$155

vs Homes Sold Last Month

Median $/sqft

ZIP 05855
Orleans County$219

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
2026-06-25Listed for sale$295,000
2017-05-11Listing removed$900
2017-04-15Listed for rent$900
2017-04-14Listing removed$129,500
2016-06-09Listed for sale$129,500
2015-08-28Listing removed$129,500
2015-03-06Listed for sale$129,500
2013-02-27Listing removed$119,900
2013-01-30Listed for sale$119,900
2012-03-07Listing removed$119,900
2011-08-25Price change$119,900
2010-03-06Listed for sale$124,900

For Sale by Agent

AgentDexter Degre
BrokerageJim Campbell Real Estate

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