Multifamily

Madison, NC Multifamily Properties for Sale

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Mayodan, NC Stoneville, NC Stokesdale, NC Pine Hall, NC Walnut Cove, NC Reidsville, NC Summerfield, NC Eden, NC
Downtown Madison Investment Opportunity
Updated: May 27, 2025
Downtown Madison Investment Opportunity

118 W Murphy Street, Madison, NC 27025

$750,000
Fully renovated apartments (4 units) are already rented and generating income.
Potential to add up to 4 additional apartments, increasing total unit count to eight.
Includes a retail space with high street visibility and separate entrance, offering additional income potential.
Each apartment features new electrical, plumbing, flooring, kitchens, and HVAC systems.
Located in downtown Madison.
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Adjacent Mixed-Use Buildings
Adjacent Mixed-Use Buildings

544 Morgan Road, Eden, NC 27288

Contact for pricing
6,000 sqft

Two-building property combines commercial storefronts with residential apartments and six occupied units.

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Two-Story Apartment Building
Two-Story Apartment Building

200 Moir Street, Eden, NC 27288

Contact for pricing
11,000 sqft

Rezoned for multiple-unit use with authorization for as many as 20 residential units.

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Reidsville Multifamily Investment Opportunity
Reidsville Multifamily Investment Opportunity

1404 & 1406 Front Street, Reidsville, Reidsville, NC 27320

$795,000

Multifamily property with long-term tenants, generating consistent returns.

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RV Park With Permitted Expansion
RV Park With Permitted Expansion

Little Birds Lane, Reidsville, NC 27320

$350,000
10.84 AC lot

RA zoning supports farm activities and a possible single-family dwelling.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Near Retail Anchor
Commercial Land Near Retail Anchor

342 Morehead Avenue, Ridgeway, VA 24148

$188,000
2.68 AC lot

Commercial land along Morehead Avenue with potential for several small-business uses.

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Commercial Land with Small Building
Commercial Land with Small Building

342 Morehead Avenue, Ridgeway, VA 24148

$188,000
252 sqft 2.68 AC lot

Commercial parcel with an existing small building and single bathroom.

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Residential Land Lot
Residential Land Lot

1104 Bruce Street, Winston-salem, NC 27107

Contact for pricing
0.10 AC lot

MH-S zoned residential lot in Forsyth County, sold by online NCDOT auction with buyer-driven due diligence requirements.

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Madison, NC Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Madison, NC on our real estate platform.

Sale prices for multifamily properties in Madison, NC average $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Quadplexes 1

Demographics Overview

Population 12K
Population Growth (5Y) +8.3%
Median Household Income $53,075
College Educated 19.4%

High-Yield Neighborhoods for Investment

Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
27025 $750K

Taxes & Financing

Tax Rate (average for all types) 1.19%
Property Tax per SF $27.98 per SF
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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