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Murphy, NC Multifamily Home for Sale

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    $255,000

    • 4 Beds
    • 2 Baths

    83 Boulevard St, Murphy, NC 28906

    Downtown Murphy duplex with strong income potential! This renovated multi-family property features two identical 2BR/1BA units with updated flooring, kitchens, insulated windows, and central heat & air. Public water and sewer, low-maintenance vinyl siding, and a convenient in-town location make this an attractive investment opportunity. One unit is currently vacant, creating flexibility for an

    Dan O'Connell Exp Realty, LLC (Mls Only)

    83 Boulevard St, Murphy, NC 28906

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.

Home Price Trends

Median Sale Price
$320,000
Median Single Family Sale Price
$340,000
Median Townhouse Sale Price
$379,850
Median 2 Bedroom Sale Price
$325,000
Median 1 Bedroom Sale Price
$205,000
Average Price Per Sq Ft
$262
Number of Homes for Sale
339
Last 12 months Home Sales
805
Months of Supply
5.10
Median List Price
$349,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
1%
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