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  • Listed by: Flat Fee Real Estate
    Bought with: Real Estate Associates
    $879,000

    86-88 Central Avenue, Burlington, VT 05401

    4beds
    2,352sqft
    Multi Family
    Built in 1899
    -- sqft lot
    $879,000 Zestimate®
    $374/sqft
    $3,199 Estimated rent

    Home value

    $879,000

    $835,000 - $923,000

    $3,199/mo

    Zestimate® history
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    What's special

    Exceptional opportunity in Burlington’s sought-after Lakeside neighborhood, this well-maintained duplex offers flexibility, income potential, and an unbeatable location near Lake Champlain. Ideal for investors, owner-occupants, or families, the property features two bright and inviting units with spacious eat-in kitchens, comfortable living areas, sunny upstairs bedrooms, and efficient mini-split heating and cooling systems. Functional layouts and thoughtful updates make the home equally suited for rental income, multi-generational living, or owner occupancy. Set on a generous lot, the property includes a large backyard, detached two-car garage, and ample off-street parking—rare amenities this close to Burlington’s waterfront and downtown. The expansive yard offers space for entertaining, gardening, pets, or enjoying Vermont summers, while the clean basement provides additional storage and shared laundry access. Families will appreciate the neighborhood setting and nearby parks, while investors will recognize the consistent demand for housing in Burlington’s thriving South End and Lakeside communities. Enjoy the very best of Burlington living just minutes from the Burlington Bike Path, Oakledge Park, and the shores of Lake Champlain. Walk or bike to the Burlington Surf Club, local breweries, coffee shops, restaurants, and the vibrant Pine Street arts district. Downtown Burlington, UVM Medical Center, and area employers are all within easy reach, making this a convenient location for commuters, tenants, and remote workers alike. Whether you’re looking to offset your mortgage with rental income, expand your investment portfolio, or create a flexible living arrangement, this Lakeside duplex is a rare opportunity in one of Burlington’s most desirable neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Foley,

    Flat Fee Real Estate 802-318-0833

    Bought with:

    Leah Eide

    Real Estate Associates

    Source: PrimeMLS,MLS#: 5087958MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 4
    Heating
    • Natural Gas, Baseboard, Hot Water, Mini Split
    Cooling
    • Mini Split
    Features
    • Flooring: Carpet, Vinyl
    • Basement: Unfinished,Interior Entry
    Interior area
    • Total structure area: 4,256
    • Total interior livable area: 2,352 sqft
    • Finished area above ground: 2,352
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved
    • Garage spaces: 2
    Features
    • Levels: Two
    • Exterior features: Deck
    • Frontage length: Road frontage: 88
    Lot
    • Size: 0.38 Acres
    • Features: Neighborhood
    Details
    • Parcel number: 11403519541
    • Zoning description: residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame
    • Foundation: Concrete
    • Roof: Slate
    Condition
    • New construction: No
    • Year built: 1899

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable

    Community & neighborhood

    Location
    • Region: Burlington

    Price history

    DateEventPrice
    6/8/2026Sold$879,000-2.2%$374/sqft
    Source: PrimeMLS #5087958 Report a problem
    5/9/2026Listed for sale$899,000$382/sqft
    Source: PrimeMLS #5087958 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $561,900
    2023-- $561,900
    2022-- $561,900
    2021-- $561,900 +77.4%
    2020-- $316,800
    2019-- $316,800
    2018-- $316,800
    2017$8,440 $316,800
    2016-- $316,800 +9900%
    2015-- $3,168
    2014-- $3,168
    2013-- $3,168
    2012-- $3,168
    2011-- $3,168
    2010-- $3,168
    2009-- $3,168
    2008-- $3,168
    2007-- $3,168
    2006-- $3,168

    Find assessor info on the county website

    Neighborhood: 05401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Assigned
    • Middle: Edmunds Middle School
    • High: Burlington High School
    • District: Burlington School District

    Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $879,000
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    +$17,580
    With Zillow Showcase(estimated)
    $896,580