Date
Details
Price
Change
Source
5/27/2025
Listed
$750,000
—
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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$750,000
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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.
Full Property Details
Full Property Details for 118 W Murphy St
General
- Price: $750,000
- Status: Active
- Type: Commercial
- Source: Triad_MLS
- MLS ID: 1182348
- Updated: 12/4/2025
- Added to Site: 270 day(s) ago
Location
- County: Rockingham
- Driving Directions: From S. Market St. turn right onto W. Murphy St., Property is the sixth building on the right.
- City Limits: Yes
Utilities
- Sewer: Public Sewer
Lot Features
- Lot Features: City Lot
Financial Considerations
- Terms: Cash, Conventional, USDA Loan, VA Loan
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Realty One Group Results Reidsville
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Listing agent
— 118 W Murphy St —
Realty One Group Results Reidsville
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Schools
Schools serving 118 W 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 |
Dalton Mcmichael High 6845 North Carolina 135, Mayodan, NC 27027 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 W Murphy St
Estimate the Cost
Estimate the Cost for 118 W Murphy St
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118 W Murphy Street, Madison, NC 27025 (MLS# 1182348) is a Commercial property with 0 bedrooms and 0 full bathrooms. 118 W Murphy Street is currently listed for $750,000 and was received on May 27, 2025. Want to learn more about 118 W 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.