Apartment at 80 Lindsey Lane, Burnsville
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28 photos

$1,450,000

80 Lindsey Lane
Burnsville, NC 28714
Listed by Zach Britt · Britt Commercial Real Estate, LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
8,631 sqft
Year built
1987

About this home

Lindsey Lane Apartments is a 10-unit multifamily property consisting of four buildings on ±1.98 acres with a mix of one-, two-, and three bedroom units. 9 of the 10 units have been renovated. Numerous mini-split HVAC installed. This limits any near-term capital needs. Four month-to-month leases provide immediate opportunity to increase rents to market; continuing to implement water reimbursements and garage rentals are additional opportunities to increase NOI. With multiple paths to increase income, Lindsey Lane offers investors an attractive combination of current cash flow and value-add upside.

Property details

MLS
Canopy MLS
MLS #
CAR4425383
Property type
Apartment
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
September 16, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
6
Parking spaces
N/A
Lot size
N/A
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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
Burnsville Elementary
0.61 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
253
Student:teacher ratio
13.3:1
District
Yancey County Schools
Middle
East Yancey Middle
0.52 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
259
Student:teacher ratio
13.6:1
District
Yancey County Schools
High
Mountain Heritage High
4.73 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
635
Student:teacher ratio
13.2:1
District
Yancey County Schools

Walkability

Blended score for Burnsville'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).

20
Very car-dependent
out of 100
EPA National Walkability Index
6.5 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

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

On the market 0 days -- 136 fewer days than Burnsville's current average of 136 days.
For reference, the median list price across 310 active listings in Burnsville right now is $382,250.

Mortgage calculator

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

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Est. monthly payment
$8,882/mo
$290,000 down
$1,160,000 loan
Principal & interest$7,524
Property tax (est.)$1,208
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated September 16, 2026.

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.