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33 River Street, Fair Haven, VT, 05743

4beds
2baths
1,544sqft
$235,000
$152price/sqft
$1,840/moest. monthly cost
$73,600/yrincome needed

About This Home

Great opportunity for an owner-occupant looking to offset their mortgage! Live in one unit and rent the other, or add a solid multi-family property to your portfolio. This well-maintained 2-unit property in Fair Haven features two 2-bedroom, 1-bath units that have both seen thoughtful renovations. Each unit offers comfortable living space and strong rental income, with tenants currently paying ALL utilities. The property provides dependable income while giving an owner-occupant the chance to significantly reduce their monthly housing costs. The exterior features low-maintenance vinyl siding and vinyl windows, making upkeep simple while providing durability through Vermont’s many seasons. The home is connected to town water and sewer, eliminating the need to maintain a private well and septic system. Many improvements have already been completed, allowing the next owner to step in and start benefiting from the property right away. Whether you're looking for a smart way to reduce your housing costs or a dependable investment property, this duplex offers flexibility, steady income potential, and a convenient Fair Haven location. Schedule your showing today.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

5/10
Fair Haven Grade SchoolGrades PK-60.3 mi
3/10
Fair Haven Uhsd #16Grades 7-121.0 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Stone
  • Roof: Slate
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Flooring: Carpet,Laminate
  • Finished area below ground: 0
  • Finished area above ground: 1,544

Heating & Cooling

  • Heating features: Propane,Oil,Baseboard,Forced Air,Hot Air
  • Cooling features: None

Interior Area

  • Total structure area: 2,140
  • Total interior livable area: 1,544 sqft

Property

Details

  • Parcel number: 21607010788
  • Zoning description: res

Features

  • Levels: Two
  • Frontage length: Road frontage: 56

Lot

  • Lot size: 5,227 sqft
  • Features: Open Lot,In Town,Near Shopping,Near Public Transit,Near Railroad,Near School(s)

Parking

  • Parking features: Gravel

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

  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Vermont Counties

Flood
Severe Storm
Tropical Depression
Tropical 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 $1,188$14,256
Home Insurance $75$900
Property Taxes $323$3,876
Electricity $254$3,053
Total$1,840$22,080

Income You'd Need if You Spent...

35% on housing$63,085/yr
40% on housing$55,200/yr
45% on housing$49,066/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: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 7.6%
7.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$152This listing

vs Other Active Listings

Avg $/sqft

ZIP 05743$228
Rutland County$223

vs Homes Sold Last Month

Median $/sqft

ZIP 05743$150
Rutland County$180

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
2026-04-28Price change$245,000
2026-03-21Listed for sale$254,000
2026-02-24Listing removed$255,000
2026-01-02Price change$255,000
2025-11-25Price change$258,900
2025-10-01Price change$259,900
2025-07-16Price change$264,900
2025-05-02Price change$269,900
2025-03-27Price change$275,000
2025-02-25Listed for sale$280,000
2021-07-27Sold$152,000
2021-05-03Contingent$149,900
2021-04-28Listed for sale$149,900
1989-04-28Sold$34,800

For Sale by Agent

AgentBetsy Adamovich
BrokerageReal Broker LLC

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