46 Court Street, Morrisville, VT, 05661
About This Home
Fantastic investment opportunity in an accessible Morrisville neighborhood! This well-maintained 3-unit apartment building offers steady income potential. The 3-story building offers a 1-BR unit on the 3rd floor and two 2-BR units on the 1st & 2nd floors. Each apartment has a blend of pine floors and carpeting. Some newer windows can be found throughout, as well as foam insulation and newer boiler. The laundry room is an added bonus for tenants, as well as the convenient location, which is ideally situated in a highly walkable area, close to schools, dining, shopping, and so much more. This property has been in the current owner's family for years and has a strong, proven rental history. In a central village neighborhood and with established tenancy, this property is a solid addition to anyone's portfolio.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1890
Materials
- Foundation: Stone
- Roof: 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: 1
- Bathrooms: 1
- Full bathrooms: 3
Features
- Finished area below ground: 0
- Finished area above ground: 3,117
Heating & Cooling
- Heating features: Oil,Baseboard
- Cooling features: None
Interior Area
- Total structure area: 3,881
- Total interior livable area: 3,117 sqft
Property
Details
- Parcel number: 41412910437
- Zoning description: Residential
Features
- Levels: 3
Lot
- Lot size: 4,356 sqft
- Features: In Town,Near Golf Course,Near Shopping,Neighborhood,Near Hospital,Near School(s)
Parking
- Total spaces: 2
- Parking features: Paved
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Lightning
- Cold Wave
- Inland Flooding
- Ice Storm
- Strong Wind
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 | $2,017 | $24,204 |
| Home Insurance | $116 | $1,392 |
| Property Taxes | $462 | $5,544 |
| Electricity | $396 | $4,758 |
| Total | $2,991 | $35,892 |
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 |
|---|---|---|
| 2026-07-24 | Listed for sale | $399,000 |
For Sale by Agent
View on Zillow