Buying In Montpelier, VT
Sell Your Commercial Property In Montpelier, VT
Own a commercial apartment building of five or more units in Montpelier? We purchase multifamily properties around Barre, Berlin, and the rest of Washington County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: Barre · Berlin · Northfield · Waterbury — Washington County, VT
Why Montpelier
Why We Buy Multifamily In Montpelier
Montpelier is a city of 8,014 people in Washington County, Vermont, per the Census ACS 2020-2024. Renters occupy 46.9% of its homes, far above Vermont's 26.8%. Montpelier holds 25.6% of Washington County's 6,808 renter households, per the same survey. Median gross rent is $1,302 a month, and 22.8% of housing units sit in buildings of five or more units.
State government drives demand here. Vermont's fiscal year 2025 Workforce Report places 4,875 Executive Branch employees in Washington County. Central Vermont Medical Center in Berlin reports 1,665 employees. New supply is thin: only 2.3% of Montpelier's housing units were built in 2010 or later.
This profile gives owners who want to sell commercial property in Montpelier, VT the rent, stock, tax and tenancy figures buyers check first. Each number links to its Census, HUD, Vermont statute or City of Montpelier source. Figures cover Montpelier city alone; Barre, Berlin, Northfield and Waterbury are separate towns.
State government employment
Vermont's fiscal year 2025 Workforce Report counts 4,875 Executive Branch employees working in Washington County, 58.3% of the state total, with an average base salary of $83,038.Central Vermont Medical Center
The Vermont Department of Health 2024 hospital report lists Central Vermont Medical Center, 130 Fisher Lane in Berlin, at 122 beds and 1,665 employees, a general hospital with 24-hour emergency care.Very little new housing
Only 90 of Montpelier's 3,921 housing units, or 2.3%, were built in 2010 or later, per ACS 2020-2024, and 76.0% predate 1980.Our Buy Box
What We Buy In Montpelier
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Montpelier Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Montpelier
Renters occupy 46.9% of occupied homes in Montpelier, per the Census ACS 2020-2024 tenure table. That is 1,745 renter households out of 3,721. Washington County's renter share is 26.3%, and Vermont's is 26.8%.
Montpelier's 1,745 renter households make up 25.6% of the 6,808 in Washington County (ACS 2020-2024, Washington County). Median household income in Montpelier was $81,030 in ACS 2020-2024 (table B19013). Vermont's statewide median was $81,203.
State government anchors that demand. The State of Vermont Workforce Report for fiscal year 2025 counts 4,875 Executive Branch employees working in Washington County. That is 58.3% of the 8,368 employees in its county table.
Rents and affordability in Montpelier
Median gross rent in Montpelier was $1,302 a month in ACS 2020-2024 (table B25064). Washington County's median was $1,163, and Vermont's was $1,234. HUD's FY2027 two-bedroom fair market rent for the Washington County, VT area is $1,783 (HUD Fair Market Rents).
| Unit size | HUD FY2027 FMR, Washington County, VT |
|---|---|
| Efficiency | $1,242 |
| One-bedroom | $1,363 |
| Two-bedroom | $1,783 |
| Three-bedroom | $2,230 |
| Four-bedroom | $2,343 |
These FY2027 rents took effect October 1, 2026, and cover Barre, Berlin, Northfield and Waterbury as well. The two-bedroom figure sits $481 above Montpelier's ACS median gross rent.
In ACS 2020-2024, 41.3% of Montpelier renter households paid 30% or more of income on rent (table B25070). A smaller group, 14.9%, paid 50% or more.
Rental vacancy in Montpelier was 1.2% in the ACS 2020-2024 housing profile (table DP04). Its margin of error is plus or minus 1.9 points, so read it as a tight market, not a precise rate.
Montpelier's apartment stock
Buildings with five or more units hold 22.8% of Montpelier's 3,921 housing units, per ACS 2020-2024 (units in structure, B25024). That equals 894 units, and 202 of them sit in buildings of 50 or more. Washington County's five-plus share is 10.7%.
Two-to-four-unit buildings add 911 units, or 23.2% of Montpelier's housing. Single-unit homes account for 53.1%.
Montpelier's stock is old and barely growing. In ACS 2020-2024, 76.0% of units were built before 1980 (year built, B25034). Another 37.9% date to 1939 or earlier. Only 90 units, or 2.3%, were built in 2010 or later.
Buyers of pre-war buildings ask for heating, roof, wiring and lead-paint records early. Anyone selling commercial property in Montpelier saves weeks by assembling those records before the first tour.
Property taxes in Washington County: Montpelier city rates
Montpelier's FY2027 non-homestead tax rate is $2.486 per $100 of assessed value, per the city's FY27 tax rate comparison. It combines a $1.0522 municipal, county and veterans rate with the state's $1.3437 non-homestead education rate. Water, sewer and CSO benefit charges add $0.09.
Parcels in the Downtown Improvement District pay $2.5374 in FY2027. Under 32 V.S.A. § 5401, non-homestead property means all property except declared homesteads and a few other listed classes.
Vermont's Department of Taxes lists Montpelier's FY2027 common level of appraisal at 85.99% (FY2027 education tax rates). The Joint Fiscal Office calls the CLA the ratio of assessed value to fair market value. Montpelier's Assessor page describes the city-wide 2023 Montpelier Reappraisal.
- An apartment building listed at $2,000,000 owes $49,720 a year at the FY2027 non-homestead rate.
- The education portion of that bill is $26,874, and the municipal portion is $21,044.
- Inside the Downtown Improvement District, the same listing owes $50,748.
- If the listed value equals 85.99% of a $2,000,000 price, or $1,719,800, the bill is $42,754.
Montpelier bills quarterly, with installments due August 15, November 15, February 15 and May 15 (property tax information). Before you sell commercial property in Montpelier, VT, pull the parcel's current listed value and payment history.
Vermont's property transfer tax is 1.25% of value for property that is not the buyer's principal residence, under 32 V.S.A. § 9602. On a $2,000,000 sale that is $25,000. The tax also reaches transfers of a controlling interest in an entity holding Vermont property.
Owners must grieve to the listers first. An appeal to the board of civil authority is due within 14 days of the grievance result, per Montpelier's appraisal appeals page and 32 V.S.A. § 4404.
Landlord rules in Montpelier
A Vermont landlord has 14 days from move-out to return a security deposit with an itemized statement, under 9 V.S.A. § 4461. A missed deadline forfeits any withholding, and willful failure costs double. At a sale, deposits transfer to the new landlord.
A nonpayment termination notice must give at least 14 days, under 9 V.S.A. § 4467. Breach of a material lease term requires 30 days. Without a written lease, a monthly no-cause notice is 60 days, rising to 90 after two years.
Rent increases need at least 60 days' actual notice under 9 V.S.A. § 4455. Montpelier's Building Inspector and Health Officer page points owners to Vermont's Rental Housing Health Code and the state's lead rules.
Owners preparing to sell commercial real estate in Montpelier, VT should line up deposit ledgers and notice records for every unit. Buyers take over those deposits at closing, so the ledger must match the rent roll.
What it means for a Montpelier apartment owner
Montpelier pairs a 46.9% renter share and a $1,302 median rent with very little new supply. Buyers will weigh that demand against buildings from 1939 or earlier and a $2.486 non-homestead rate.
Test your pricing with our cap rate calculator using actual rents and the FY2027 bill. If you want to sell your apartment building in Montpelier without a public listing, Skyline Capital Investments buys 5+ unit apartment buildings directly. Read how our direct purchase process works.
To sell commercial property in Montpelier, VT on a set timeline, start with the rent roll, the deposit ledger and the parcel's listed value. Those three documents answer most early buyer questions.
Good To Know
Montpelier Seller Checklist
More about selling in Vermont →Investing in Montpelier? See apartment syndications in Montpelier →
- Montpelier city, East Montpelier, Berlin and Barre appear as separate towns in HUD's Washington County list, so the Montpelier rates here apply only to Montpelier city parcels.
- Downtown Improvement District parcels pay $2.5374 per $100 in FY2027, because the $0.0515 district rate sits on top of Montpelier's $2.486 non-homestead rate.
- Owners who plan to sell commercial real estate in Montpelier, VT should reconcile security deposit ledgers with the rent roll, since Vermont law transfers deposits to the buyer.
- Census figures here cover Montpelier city only; Washington County and Vermont figures are labeled separately wherever they appear.
Seller Guides
Selling In Montpelier? Common Situations We Handle
Learn More
Taxes & Rules For Montpelier Property
The Vermont rules that shape any deal in Montpelier: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Montpelier Seller FAQ
What should I know before I sell commercial property in Montpelier, VT?
Start with three numbers. Montpelier's FY2027 non-homestead tax rate is $2.486 per $100 of assessed value, or $2.5374 inside the Downtown Improvement District. Vermont's property transfer tax is 1.25% of value for property that is not the buyer's principal residence. Rental vacancy in Montpelier was 1.2% in ACS 2020-2024, though its margin of error is wide. Pull your listed value, rent roll and deposit ledger before pricing.
What transfer tax applies when I sell commercial real estate in Montpelier, VT?
Vermont's property transfer tax under 32 V.S.A. 9602 is 1.25% of the value transferred for property that is not the buyer's principal residence. An apartment building selling for $2,000,000 would owe $25,000. The statute also taxes the transfer or acquisition of a controlling interest in an entity that holds Vermont property, so selling LLC interests does not avoid it.
How much property tax does a Montpelier apartment building pay?
For fiscal year 2027, Montpelier's non-homestead rate is $2.486 per $100 of assessed value. That includes the $1.0522 municipal, county and veterans rate, the state's $1.3437 non-homestead education rate and $0.09 in benefit charges. A building listed at $2,000,000 owes $49,720. Vermont set Montpelier's FY2027 common level of appraisal at 85.99%.
Can I end a month-to-month tenancy because I am selling my Montpelier building?
Under 9 V.S.A. 4467, a landlord without a written rental agreement who has contracted to sell the building may end a tenancy with at least 30 days' actual notice. Written leases follow their own terms and the statute's other notice rules. If you plan to sell multifamily property in Montpelier with tenants in place, a current rent roll and lease file will speed the buyer's review.
How quickly must a Vermont landlord return a security deposit?
Vermont law, 9 V.S.A. 4461, gives a landlord 14 days from move-out to return the deposit with a written, itemized statement of deductions. Missing the deadline forfeits the right to withhold any of it. Willful failure brings liability for double the amount wrongfully withheld plus attorney's fees. When a building sells, the statute requires deposits to transfer to the new landlord.
Do Montpelier rents support a strong sale price?
Montpelier's median gross rent was $1,302 in ACS 2020-2024, above Washington County's $1,163 and Vermont's $1,234. HUD's FY2027 two-bedroom fair market rent for Washington County is $1,783. With 46.9% of homes renter-occupied and only 2.3% of units built since 2010, buyers will compare in-place rents with those benchmarks before you sell your apartment building in Montpelier.
Do I need to fix up my Montpelier building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
Can I sell my Montpelier apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Is it possible to sell rental property in Montpelier without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
Do I need a broker to sell my apartment building in Montpelier?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
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