$290,000
$10K PRICE DROP

211 W Murphy St Madison, NC 27025

Estimated payment $1,679/month

Total Views 4,833
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Charming quadplex with updated interiors and a solid rental history. All units are rented. As of Q1, new windows, new gutters and masonry work in 2025. Each of the four units offers unique character, including high ceilings, updated kitchens (2021), and vintage details All units are equipped with efficient mini split heating and cooling systems. Located in a historic building within walking distance to shops, a fitness center, and more. A turnkey investment opportunity with consistent appeal.

Listing Agent

Lauren Stanton

EverHome Real Estate License #319731 Listed on: 07/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,216

Year Built

  • Built in 1950

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 181 x 104 x 180 x 104

Home Design

  • Quadruplex

Utilities

  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 118916
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,216

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.413
  • Lot Size: 181 x 104 x 180 x 104
  • Directions: From NC-65 W/NC-87 N continue to follow NC-65 W, Continue straight onto NC-704 W, Continue onto W Academy St, Turn right onto S Franklin St, Turn left onto W Murphy St, property on left
  • Year Built: 1950
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_AdCopy: Charming quadplex with updated interiors and a solid rental history. Unit 2 and 4 are rented, units 1 and 3 vacant as of Q1, new windows, new gutters and masonry work in 2025. Each of the four units offers unique character, including high ceilings, upd
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: See Remarks, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 118916
  • Zoning: R8MD
  • TRIADMLS_PricePerAcre: 702179.1768
  • TRIADMLS_PlatPage: 1707
  • TRIADMLS_DeedPage: 0069
  • TRIADMLS_DeedBook: 1592
  • TRIADMLS_PlatBook: 787

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Units Leased: 2

Tax Info

  • Tax Annual Amount: 1215.98
  • Tax Lot: 10
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 1.28

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Price Changed $290,000 -3.3% --
07/09/2025 07/09/25 For Sale $300,000 0.0% --
11/22/2023 11/22/23 Rented $700 0.0% --
08/17/2023 08/17/23 For Rent $700 +21.3% --
04/16/2021 04/16/21 Rented $577 -- --
Source: Triad MLS

Source: Triad MLS

MLS Number: 1186987

Triad MLS