106 E Murphy Street, Madison, NC 27025 | MLS #1212245 | Tyler Redhead & McAlister
Tyler Redhead & McAlister

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Listing provided courtesy of A New Dawn Realty, IncMLS# 1212245MLS Provider
  • 108 days on site
  • 0 views

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.

Source: Triad MLS, MLS#: 1212245

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  • Property Type
    Commercial Sale

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Tyler Redhead & McAlister

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  • Median Age
    46
  • Population Density
    115
  • College Educated
    21%
  • Estimated Median Income
    $45,686
  • Estimated Total Home Owners
    3,607
  • Estimated Total Renters
    994
  • Owner / Renter Divide
    78% / 22%
  • Estimated Average Household Size
    2
  • Total Population
    11,346
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
3/13/2026Source: Triad MLS Added to Database
March 13, 2026