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106 E Murphy Street Madison, NC $ 599,900
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106 E Murphy Street
$ 599,900
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106 E Murphy Street

Madison, NC, 27025
$ 599,900
Baths0.0 Sq 5,100

Monthly Estimate*

$ 3,694

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Studio

Single Family Home for sale in Madison, NC

for $599,900. This 5,100 square foot home was built in 1935.

Updated multi-use investment property offering a reliable income stream and a strong rental history. This is a rare opportunity to own and shape the future of a historic property in the heart of Madison’s growing downtown area. Located within Madison’s Social/Entertainment District, local ordinances permit outdoor dining and drinking, creating excellent potential for a vibrant and inviting atmosphere. Zoned Madison Town Center, the property allows for a wide range of permitted uses. The building currently features an occupied commercial space on the main level along with three additional occupied residential apartments, providing immediate rental income.

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Single Family Active

Price

$ 599,900

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 0

Style

Remarks

Year Built

1935

Town/City

Madison

County/Region

Rockingham

MLS | Web ID

1212245
Features
General
Sewer Public Sewer
Zoning TCDMD
Year Built 1935
Stories Count 3
Property Subtype Remarks
Business Type Remarks
County Rockingham
Property Type Commercial Sale
HOA No
Status Active
Directions From Hwy 220 Take ramp onto Wesley D Webster Hwy (US-311) toward NC-704 W Turn right onto S Market St (US-220-BR). Turn right onto E Murphy St
City Madison
Listing Terms Cash Conventional
Standard Status Active
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Exterior
Water Source Public
Building Area Total 5100
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Internal Only
Street Number 1 106
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* Excluded Features
List By
Kris Cayton

Listing Agent

A New Dawn Realty, Inc

Broker

kcaytonrealtor@msn.com

Email

Affordability Calculator

$3,694
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Monthly Principal & Interest
$3,694
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
584379 Elementary School
584626 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/13/2026$599,900 Listed Price

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106 E Murphy Street, Madison, NC, 27025 is a Single Family Home for sale at $599,900 with 5,100 sqft. 106 E Murphy Street is a studio with 0.0 baths and was built in 1935. The property's zip code is 27025 which is in Madison, NC

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