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161 Forest Street, Rutland, VT, 05701

--beds
--baths
2,785sqft
$175,000
$63price/sqft
$1,564/moest. monthly cost
$62,560/yrincome needed

About This Home

Great location and great opportunity for income. Some work needs to be done to get the property into tip top shape. Current owner is living in one unit and the other is rented. The garage needs major rehab or demo.

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

4/10
3/10
Rutland Middle SchoolGrades 7-81.2 mi
8/10

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Block,Concrete,Poured Concrete
  • Roof: Asphalt Shingle
  • Construction materials: Wood Frame,Vinyl Exterior,Wood Exterior

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Concrete,Concrete Floor,Dirt Floor,Interior Stairs,Sump Pump,Unfinished,Interior Access,Basement Stairs,Interior Entry

Bedrooms & Bathrooms

  • Full bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,785

Heating & Cooling

  • Heating features: Oil,Baseboard
  • Cooling features: None

Interior Area

  • Total structure area: 3,785
  • Total interior livable area: 2,785 sqft

Property

Details

  • Parcel number: 54017017719
  • Zoning description: residential

Features

  • Levels: Two
  • Frontage length: Road frontage: 45

Lot

  • Lot size: 8,276 sqft
  • Features: City Lot,Sidewalks,Street Lights,Neighborhood

Parking

  • Total spaces: 1
  • Parking features: Dirt
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Winter Weather
Cold Wave
Heat Wave
Ice Storm

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 $884$10,608
Home Insurance $86$1,032
Property Taxes $240$2,880
Electricity $354$4,251
Total$1,564$18,768

Income You'd Need if You Spent...

35% on housing$53,622/yr
40% on housing$46,920/yr
45% on housing$41,706/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

$63This listing

vs Other Active Listings

Avg $/sqft

ZIP 05701$148
Rutland County$224

vs Homes Sold Last Month

Median $/sqft

ZIP 05701$157
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)

No zestimate history available

Price History

DateEventPrice
2026-05-12Price change$185,000
2026-01-03Listed for sale$200,000
2025-12-31Listing removed$200,000
2025-10-20Listed for sale$200,000
2002-06-25Sold$79,900

For Sale by Agent

AgentEd Savage
BrokerageGreen Mountain Premiere Properties

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