photo 2
 photo 3
 photo 4
 photo 5
Backyard to Cabin
 photo 7
 photo 8
 photo 9
 photo 10
 photo 11
 photo 12
 photo 13
Apartment Complex
 photo 15
Apartment Complex
 photo 17
 photo 18
 photo 19
Cabin
 photo 21
 photo 22
 photo 23
 photo 24
 photo 25
 photo 26
 photo 27
 photo 28
 photo 29
 photo 30
 photo 31
 photo 32
 photo 33
 photo 34
 photo 35
 photo 36
 photo 37
 photo 38
 photo 39
 photo 40
 photo 41
 photo 42
 photo 43
 photo 44
 photo 45
 photo 46
 photo 47
 photo 48
 photo 49
 photo 50
 photo 51
 photo 52
 photo 53
 photo 54
 photo 55
 photo 56
 photo 57
 photo 58
 photo 59
 photo 60
 photo 61
 photo 62
 photo 63
 photo 64
64 photos

$925,000

Burnsville, NC 28714
Listed by Alli Buchanan · Dream Mountain Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1937

About this home

Investment Opportunity in the Heart of Burnsville! Welcome to 505 E Main Street, Burnsville, NC—a rare chance to own a high-visibility income-producing property right on Burnsville’s thriving Main Street. This versatile property features 7 individual rental units, already generating consistent rental income, making it the perfect turnkey investment. The property consists of: 4 apartments, 1 retail storefront with prime Main Street frontage, 1 studio apartment, 1 main cabin residence With city water and sewer in place, this property is fully connected and ready for continued growth. The location truly says it all—walkable to shops, restaurants, and Burnsville’s historic town square, with excellent exposure for both residential and commercial tenants. Whether you’re looking to expand your portfolio, operate a business while collecting rental income, or reimagine the property for future development, the opportunities here are endless.

Property details

MLS #
CAR4305597
Property type
Retail
Subdivision
N/A
Status
Active
Days on market
264
On market date
N/A
Stories
1
Garage spaces
N/A
Lot size
N/A
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Burnsville Elementary
1.56 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
1.71 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
2.64 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

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
$5,720/mo
$185,000 down
$740,000 loan
Principal & interest$4,800
Property tax (est.)$771
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 22, 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.