4 Family at 261 Main St, Rutland
4 Family at 261 Main St, Rutland, photo 2 of 4
4 Family at 261 Main St, Rutland, photo 3 of 4
4 Family at 261 Main St, Rutland, photo 4 of 4
4 photos

$587,000

Bedrooms
9
Bathrooms
5.5
Living area
3,445 sqft
Year built
1812
261 Main St
Rutland, MA 01543
Listed by Keller Williams Pinnacle Central

Highlights

Property type
4 Family
Lot size
0.28 acres
On market
2 days

About this home

INVESTORS/CONTRACTORS TAKE NOTICE! Rutland 4-Family Investment Opportunity! Rarely available multifamily property located directly across from Town Hall & Public Library. Features three 2-bedroom units and one 3-bedroom unit with 5 full baths and 1 half bath. Situated on a 12,197SF lot with ample off-street parking. Oil heat; separately metered electric. Value-add opportunity with 2 vacant units and 2 TAW units rented below market, offering significant rental income upside. **Sold AS-IS. Cash buyers preferred.**

Property details

MLS
MLS Property Information Network
MLS #
73600207
Property type
4 Family
Subdivision
N/A
Status
Active
Days on market
2
On market date
November 9, 2026
Stories
5
Total bathrooms
5.5
Garage spaces
N/A
Parking spaces
10
Lot size
0.28 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Naquag Elementary School
0.13 mi away · Grades 0-2
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
344
Student:teacher ratio
16.4:1
District
Wachusett
Middle
Central Tree Middle
0.41 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
365
Student:teacher ratio
14.6:1
District
Wachusett
High
Wachusett Regional High
4.43 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,964
Student:teacher ratio
14.0:1
District
Wachusett

Walkability

Blended score for Rutland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

33
Car-dependent
out of 100
EPA National Walkability Index
6.3 / 20 -- Below average walkable
Google Places amenity density
35 / 100
Restaurants & cafes4
Grocery stores0
Parks2
Schools3
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Rutland, from live MLS data.

On the market 2 days -- 89 fewer days than Rutland's current average of 91 days.
For reference, the median list price across 50 active listings in Rutland right now is $505,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$3,685/mo
$117,400 down
$469,600 loan
Principal & interest$3,046
Property tax (est.)$489
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.