86-88 Central Avenue, Burlington, VT 05401
VT-Chittenden County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Duplex
Year Built
1899
Stories
2
Living Area
4,256 sq ft
Lot Size
0.38 acres
Garage Spaces
2
Parking Spaces
2
Zoning
residential
MLS® Listing#
5087958
Property Features
Cooling
Heating
Flooring
Basement
Parking
Patio
Construction
Roof
Utilities
Sewer
Water Source
Schools
- Elementary:
- Assigned
- Middle:
- Edmunds Middle School
- High:
- Burlington High School
- District:
- Burlington School District
Financial Details
Annual Taxes
$13,337
Tax year 2026
Affordability Calculator
$179,800
Estimated monthly payment
$4,785/mo
Principal $719,200 · Est. interest $1,003,348 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Burlington, VT
- $622,619
- Median Listing Price
- 83
- Median Days on Market
- 1,766
- Median Sq Ft
- $333
- Median Price / Sq Ft
- 335
- Active Listings
- This home’s price is 44% above the area median.
- Its price per sq ft is 37% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Burlington, VT.
Location
Points of Interest in Burlington, VT
Showing the Burlington area map.
Nearby Schools
Champlain Elementary School
Elementary · 0.4 mi away
Christ the King School
School · 0.7 mi away
The Baird School
Elementary · 0.8 mi away
Kids & Fitness
School · 1.0 mi away
Rice Memorial High School
Secondary · 1.1 mi away
Edmunds Elementary School
Elementary · 1.3 mi away
Orchard Elementary School
Elementary · 1.4 mi away
Burlington High School
Secondary · 1.4 mi away
Uvm Career Center
School · 1.7 mi away
Aiken Center, University of Vermont
School · 1.7 mi away
St Joseph School
School · 1.8 mi away
Sustainability Academy
School · 1.8 mi away
Mater Christi School
Elementary · 2.0 mi away
Vermont Commons School
School · 2.0 mi away
South Burlington School District
School · 2.1 mi away
Edmunds Middle School
Secondary · 2.1 mi away
Burlington School District
School · 2.1 mi away
South Burlington High School
Secondary · 2.1 mi away
Frederick H. Tuttle Middle School
Secondary · 2.1 mi away
Rick Marcotte Central School
Elementary · 2.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1480 North Avenue, Burlington, VT | $629,900 | 4 | 3 | 1,724 |
| 295 O'Brien Farm Road, South Burlington, VT | $635,000 | 3 | 3 | 1,900 |
| 210-212 North Willard Street, Burlington, VT | $635,000 | 7 | 2 | 1,849 |
| 214-216 Pine Street, Burlington, VT | $639,000 | 6 | 3 | 1,772 |
| 19 Spruce Street, Burlington, VT | $639,000 | 3 | 2 | 1,198 |
| 579 South Willard Street, Burlington, VT | $639,900 | 4 | 2 | 1,928 |
