Outstanding opportunity on a 0.21-acre MF1-zoned lot with solid development and holding potential! This level, rectangular lot provides excellent access and design flexibility for a multi-unit project. The existing 3-bed, 1.5-bath home has been consistently tenant occupied and has plenty of life left with some TLC—perfect as a rental hold, or a modest residence while you plan your future build. MF1 zoning supports gentle density, making this property ideal for investors, builders, or those looking to secure land in a growing area. Home is connected to Rutland water, city sewer, and natural gas, with ample fenced yard space and off-street parking. Located close to Hwy 33, schools, shopping, parks, and downtown, this property combines lifestyle convenience with long-term upside. Live in, rent out, or redevelop... opportunities like this are rare in today’s market. A smart buy with tremendous potential and room to grow! (id:2493)
Data was last updated March 6, 2026 at 03:45 AM (UTC)
Area Statistics
Listings on market:
130
Avg list price:
$480,000
Min list price:
$115,000
Max list price:
$3,730,000
Avg days on market:
38
Min days on market:
1
Max days on market:
345
Avg price per sq.ft.:
$285.74
These statistics are generated based on the current listing's property type
and located in
Rutland North. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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