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118 W Murphy Street

Madison, NC 27025
  • $750,000
  • STATUS: Active
  • ON SITE: 291 Days
  • MLS #: 1182348
UPDATED: 119 min ago
$750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Investment opportunity in downtown Madison. Renovation of (4) apartments is complete and all are rented. This opportunity provides income from (2) one bedroom and (2) studio apartments. Each unit has new electrical, plumbing, flooring, kitchens and HVAC systems. This building has value added potential to add up to 4 additional apartments for a total of eight units. In addition, there is retail space, with a separate entrance that has outstanding visibility from the street and excellent rental possibilities. Great opportunity for the owner to receive income from both the residential and retail sides.

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Copyright 2026 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database. Data last updated 2026-03-13T23:30:46.317.
www.houseforsalenc.com/homes/164228416
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118 W Murphy Street Madison, NC 27025

  • Price: $750,000
  • Status: Active
  • On Site: 291 Days
  • Updated: 119 min ago
  • MLS #: 1182348
0
Beds
0
Baths
0
½ Baths
N/A
Acres
County:
Rockingham
Area:
Rockingham
Property Description
Investment opportunity in downtown Madison. Renovation of (4) apartments is complete and all are rented. This opportunity provides income from (2) one bedroom and (2) studio apartments. Each unit has new electrical, plumbing, flooring, kitchens and HVAC systems. This building has value added potential to add up to 4 additional apartments for a total of eight units. In addition, there is retail space, with a separate entrance that has outstanding visibility from the street and excellent rental possibilities. Great opportunity for the owner to receive income from both the residential and retail sides.
Interior Features

Basement YN No

Property Features

Association YN No City Limits YN Yes Listing Terms CashConventionalUSDA LoanVA Loan Lot Features City Lot Property Sub Type Investment Sewer Public Sewer Special Listing Conditions Owner Sale

Listing information © 2026 Triad MLS, Inc. All rights reserved. Listing provided courtesy of Realty One Group Results Reidsville: . Information deemed reliable but not guaranteed.


Copyright 2026 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database. Data last updated 2026-03-13T23:30:46.317.
 
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