Murphy, NC Multifamily Homes & Duplexes for Sale

/23
$219,800
- 2 Beds
- 2 Baths
- 1,745 Sq Ft
805 Hiwassee St, Murphy, NC 28906

Nestled within the city limits of Murphy, NC, this charming 1924 home offers a spacious array of versatile living space. Currently configured as a duplex, the property features two separate kitchens, making it ideal for rental income, multigenerational living, or conversion back to a spacious single-family residence. The home is connected to public water and sewer. While the original

Derrick Palmer ReMax Mountain Properties

805 Hiwassee St, Murphy, NC 28906
Explore Murphy
/5
$300,000
58 Warren Dr, Murphy, NC 28906

Investment Opportunity – Duplex in Murphy, NC - Explore the potential of this income-generating duplex located in scenic Murphy, NC! Built in 2006 and situated on a 0.55-acre lot, this property offers two side-by-side units—each featuring 2 bedrooms, 1 bathroom, and efficient layouts ideal for tenants or personal use. Constructed with classic wood siding and easy-to-maintain vinyl flooring, both

Jerry Whitehead Blue Ridge Realty, Inc.

58 Warren Dr, Murphy, NC 28906
/3
$400,000
621 Talc Mine Rd, Murphy, NC 28906

Charming Income-Generating Duplex in Murphy, NC - Don't miss this exceptional investment opportunity in the heart of the beautiful Appalachian Mountains! This well-maintained duplex, built in 2007, sits on a spacious 0.49-acre lot and features two fully occupied rental units—each offering 2 bedrooms and 2 bathrooms. Constructed with durable wood siding and low-maintenance vinyl flooring

Jerry Whitehead Blue Ridge Realty, Inc.

621 Talc Mine Rd, Murphy, NC 28906
/43
$515,000
- 2 Beds
- 1,919 Sq Ft
134 Fish Pond Ln, Murphy, NC 28906

Welcome to Fish Pond Cabins! Four Appalachian rentals with expansion potential! Historically used as short term rentals, the property features two A-frame style units and two traditional efficiency units. Each cabin stands alone with a common area pavilion in the middle. Individual guests will feel like they have their space and privacy, while a party of multiple families could enjoy vacation

Ross Pritchard Keller Williams Professionals

134 Fish Pond Ln, Murphy, NC 28906
/77
$434,000
- 4 Beds
- 3 Baths
- 3,800 Sq Ft
2163 Dickey Rd, Murphy, NC 28906

Welcome to your ideal mountain homestead just minutes from Murphy! This spacious and versatile property has been recently remodeled and offers the perfect combination of comfort, flexibility, and income-generating potential—all nestled on 2.77 acres of usable land. The main residence boasts a thoughtfully designed first floor featuring a bright and inviting living room, a modern kitchen, a

Tara Noland Great Mountain Properties, Inc

2163 Dickey Rd, Murphy, NC 28906
/26
$219,900
- 2 Beds
- 2 Baths
210 Doston Rd, Murphy, NC 28906

Check out this great price improvement! Priced to sell. This adorable property features 2 CUTE CABINS, and a 30 AMP RV hookup!! Both homes offer 1 bed/bath, offering kitchens equipped with all of the necessities, and living rooms- selling partially furnished, making this a great choice for your next investment/Short term rental (potentially), or your own personal vacation spot. The first cabin

Taylor Gremli Allen Tate - Murphy

210 Doston Rd, Murphy, NC 28906
/81
$599,950
- 6 Beds
- 6 Baths
2153 Martins Creek Rd, Murphy, NC 28906

Calling all nature lovers and savvy investors! Welcome to your own private oasis nestled in the heart of tranquility. This one-of-a-kind extraordinary property sits 6.75 acres and offers not only a family homestead but also endless investment possibilities with two charming cabins and two spacious homes fully furnished. Prepare to be captivated by the serene sounds of a babbling creek that

Bonnie DuPree REMAX Town & Country - Murphy

2153 Martins Creek Rd, Murphy, NC 28906

North Carolina Cherokee County Murphy

Why Live in Murphy

Murphy, North Carolina, is a small community nestled in the Blue Ridge Mountains, situated between Knoxville and Atlanta. With a population of approximately 1,600, Murphy offers a small-town vibe with a thriving downtown area featuring local brewpubs, festivals, and scenic hiking trails along the Hiwassee River. The town is known for its friendly atmosphere and lack of traffic, providing residents with lakes, rivers, mountain views, and hiking opportunities. Housing options include 1970s colonial homes, Craftsman, midcentury, and cabin-style homes, many of which are located on shady, wooded lots and gravel roads. Downtown Murphy boasts 20th-century architecture and locally owned storefronts along the Unicoi Turnpike, with breweries, restaurants, and boutiques. Shopping centers with box store retail are about 3 miles north on U.S. Highway 19. Outdoor activities are abundant, with fishing and rafting on the Hiwassee River, tennis courts at Konehete Park, and mountain biking at Piney Knob Trails. Cultural attractions include the Valley River Arts Guild, Cherokee Historical Museum, and local festivals such as the Murphy Spring Festival. The Cherokee County Schools in Murphy emphasize technology and STEM education, with Murphy Elementary, Middle, and High Schools receiving high ratings. For transportation, Cherokee County Transit provides daily door-to-door service, and the Chattanooga Metropolitan Airport is about 85 miles west. However, residents near Harshaw Road may experience noise from crypto-mining facilities, and properties along the Hiwassee and Valley Rivers may be at risk of flooding.

Learn more about living in Murphy

Home Trends in Murphy, NC

On average, homes in Murphy, NC sell after 101 days on the market compared to the national average of 70 days. The median sale price for homes in Murphy, NC over the last 12 months is $341,835, up 14% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$341,835

Median Single Family Sale Price

$350,000

Average Price Per Sq Ft

$290

Number of Homes for Sale

Last 12 months Home Sales

810

Months of Supply

1.50

Median List Price

$364,900

Median Change From 1st List Price

Median Home Sale Price YoY Change

14%

How to Buy a Home How to Finance a Home How to Sell a Home

In Murphy, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $219,800 to $599,950, there's a range to accomodate every budget. As of August, 2025 the median home price in Murphy is $364,900, while the average sale price is $350,546, offering insights into the local housing market. On average, multi-family homes spend 101 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Murphy, NC.

Murphy Types of Homes for Sale

Murphy Real Estate Listings

Murphy New Construction Homes

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