INNOVATE Real Estate
Stick/Site Built at 505 N Ransom Street, Gastonia NC 28052, Gastonia
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$149,000

505 N Ransom Street, Gastonia NC 28052
Gastonia, NC 28052
Listed by Phillip Davis
Bedrooms
3
Bathrooms
1
Living area
1,170 sqft
Year built
1951

About this home

Located in the heart of Gastonia, this home offers the perfect blend of convenience, value, and income potential. Its central location puts you minutes from shopping, dining, schools, and major employers - ideal for both daily living and long-term investment. With an excellent rental history, this property is a smart option for investors seeking reliable cash flow. First-time homebuyers will also appreciate the strong equity position from day one, thanks to pricing well below tax value. Whether you’re looking to owner-occupy or add a proven rental to your portfolio, this centrally located Gastonia home delivers location, performance, and exceptional value.

Property details

MLS #
1237422
Property type
Stick/Site Built
Subdivision
None
Status
Active
Days on market
4
On market date
October 1, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.21 acres

Location

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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Bessemer City Central Elem
4.85 mi away · Grades 3-5
Zoned school (attendance boundary, 2015-16 data)
1.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
391
Student:teacher ratio
16.3:1
District
Gaston County Schools
Middle
W P Grier Middle School
2.7 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
636
Student:teacher ratio
15.9:1
District
Gaston County Schools
High
Ashbrook High
4.41 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
2.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
1,269
Student:teacher ratio
18.7:1
District
Gaston County Schools

Walkability

Blended score for Gastonia'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).

50
Somewhat walkable
out of 100
EPA National Walkability Index
5.7 / 20 -- Least walkable
Google Places amenity density
83 / 100
Restaurants & cafes20
Grocery stores3
Parks5
Schools2
Transit stops1
Pharmacies8

Market position

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

On the market 4 days -- 77 fewer days than Gastonia's current average of 81 days.
For reference, the median list price across 493 active listings in Gastonia right now is $320,000.

Mortgage calculator

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

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$1,047/mo
$29,800 down
$119,200 loan
Principal & interest$773
Property tax (est.)$124
Home insurance (est.)$150

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Data source: Listing information provided by Triad MLS via Trestle/CoreLogic. Last updated 8 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.