2337 VT Route 7, Middlebury, VT, 05753
About This Home
Here is a delightful opportunity to own a simply versatile property that has been carefully updated over the years. What started as a single family home has been beautifully transformed to this multi-use property. The larger section of the property includes 5 private office spaces that share a conference room and a reception area as well as a full bath and small kitchenette. The total rent for three of these office spaces currently brings in $1200 and could be even more if rents were adjusted for market rates and the two, currently empty, other offices were rented. There are two furnished studio apartments, one on each level. The 1st floor apartment is currently rented for $1150/month and is heated with both a Rinnai heater and a heated and cooled with a heat pump. It includes a dishwasher, electric stove, stacked laundry and a 3/4 bath. This unit shares a door with one of the aforementioned office spaces so it's possible you could "capture" that room for this apartment space. The second floor unit is a true studio space with a Rinnai heater, heat pump, electric stove, fridge and 3/4 bath and rents for $1400/month. There is additional income potential - rent the 2 bay garage or add that space to one of the apartment rentals and increase the rent. The property is landscaped and has an existing sign for business name display. The parking surface is paved and this property is very tidy!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Poured Concrete,Stone
- Roof: Corrugated,Other,Asphalt Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Natural Gas Water Heater,Owned Water Heater
Basement
- Has basement: Yes
- Basement: Bulkhead,Concrete Floor,Crawl Space,Dirt Floor,Full,Interior Stairs,Sump Pump,Exterior Entry,Interior Entry
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
Features
- Flooring: Carpet,Hardwood,Softwood,Vinyl
- Finished area below ground: 0
- Finished area above ground: 1,960
Heating & Cooling
- Heating features: Natural Gas,Electric,Forced Air,Heat Pump,Hot Air,Wall Furnace
- Cooling features: Mini Split
Interior Area
- Total structure area: 3,168
- Total interior livable area: 1,960 sqft
Property
Details
- Zoning description: Agricultural Rural (AR)
- Exclusions: Please refer to "EXCLUDED Furnishings" and "INCLUDED Furnishings" PDFs in attachments.
Features
- Levels: One and One Half
- Patio & porch: Porch,Covered Porch
- Exterior features: Garden,Natural Shade,Shed,Storage
- Fencing: Partial
- Frontage length: Road frontage: 180
Lot
- Lot size: 0.48 Acres
- Features: Landscaped,Level,Neighbor Business
Parking
- Total spaces: 2
- Parking features: Paved,Detached,Driveway,Garage,Off Street,On Site,Unassigned,Visitor
- 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
- Lightning
- Cold Wave
- Inland Flooding
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Vermont Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,674 | $32,088 |
| Home Insurance | $158 | $1,896 |
| Property Taxes | $648 | $7,776 |
| Electricity | $254 | $3,053 |
| Total | $3,734 | $44,808 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-23 | Price change | $529,000 |
| 2026-05-20 | Listed for sale | $549,000 |
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