Date
Details
Price
Change
Source
3/13/2026
Listed
$599,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/25
$599,900 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 106 E Murphy St
General
- Price: $599,900
- Status: Active
- Type: Commercial
- Source: Triad_MLS
- MLS ID: 1212245
- Updated: 3/13/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Remarks
Location
- County: Rockingham
- Driving 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
Utilities
- Gas: Available: On-Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Year Built: 1935
Financial Considerations
- Terms: Cash, Conventional
- Pays ReTax: Owner
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by A New Dawn Realty, Inc
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Listing agent
— 106 E Murphy St —
A New Dawn Realty, Inc
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Schools
Schools serving 106 E Murphy St
School District:Rockingham County Schools
| Name | Grades | Distance |
|---|---|---|
Western Rockingham Middle 915 Northwest Ayersville Road, Madison, NC 27025 | 6-8 | 1.7 mi |
Stoneville Elementary 203 Stone Street, Stoneville, NC 27048 | PK-5 | 6 mi |
Dalton Mcmichael High 6845 North Carolina 135, Mayodan, NC 27027 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 106 E Murphy St
Estimate the Cost
Estimate the Cost for 106 E Murphy St
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106 E Murphy Street, Madison, NC 27025 (MLS# 1212245) is a Commercial property with 0 bedrooms and 0 full bathrooms. 106 E Murphy Street is currently listed for $599,900 and was received on March 13, 2026. Want to learn more about 106 E Murphy Street? Do you have questions about finding other Commercial real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.