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    Murphy, NC
    Residential Income

    Murphy, NC Residential Income Properties for Sale

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    Marble, NC Cherokee, NC Brasstown, NC Hayesville, NC Blairsville, GA Warne, NC Young Harris, GA Mineral Bluff, GA
    Mixed-Use Restaurant and Loft
    Updated: Mar 24, 2025
    Mixed-Use Restaurant and Loft

    89 Tennessee Street, Murphy, NC 28906

    $709,000
    3,600 sqft 0.04 AC lot
    Mixed‑use building with restaurant and upstairs loft apartment
    3,600 square feet on a 0.04‑acre site
    Two‑bedroom, two‑bathroom loft with office or bonus space
    10‑foot ceilings, oversized windows, hardwood floors, granite counters, and custom cabinetry
    Private entrance for the loft apartment
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    Renovated Duplex with Central Heat & Air
    Updated: Jul 17
    Renovated Duplex with Central Heat & Air

    83 Boulevard St, Murphy, NC 28906

    $249,999
    0.33 AC lot
    Two identical 2BR/1BA units, with one unit currently vacant
    Renovated interiors with updated flooring, kitchens, and insulated windows
    Central heat and air with electric heating
    0.33‑acre lot with public water and public sewer
    Vinyl siding exterior and shingle roof, built in 1954
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    Downtown Restaurant and Apartment
    Downtown Restaurant and Apartment

    87 Tennessee St, Murphy, NC 28906

    Contact for pricing
    3,600 sqft

    Restaurant space on the ground floor with a fully renovated executive-style two-bedroom apartment above.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 3 Active listings in Murphy, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads, plus 4 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.

    Mixed-Use Warehouse and Apartment
    Mixed-Use Warehouse and Apartment

    6 Sanderson Street, Hayesville, NC 28904

    $499,900
    4,080 sqft 0.23 AC lot

    Two interconnected commercial buildings with a rear parking lot and 3-phase power, plus an upstairs 3-bedroom apartment.

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    Mixed-Use Warehouse and Apartment
    Mixed-Use Warehouse and Apartment

    6 Sanderson Street, Hayesville, NC 28904

    $499,900
    0.23 AC lot

    Two interconnected warehouse buildings with roll-up doors, offices, an upstairs 3-bed apartment, and rear parking.

    View details
    Multifamily Property With RV Lot
    Multifamily Property With RV Lot

    6990 Clarence Nichols Road, Young Harris, GA 30582

    $250,000

    Three rental units, an RV hookup, individual tenant meters, and mountain views are included on the property.

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    Triplex with RV Hookups
    Triplex with RV Hookups

    Young Harris, GA 30582

    $250,000
    1.09 AC lot

    Triplex on a level 1.09-acre lot with RV hookups, public water, shared septic, and individual tenant electric meters.

    View details

    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.

    Wooded Homesite Next to Stocked Ponds
    Wooded Homesite Next to Stocked Ponds

    Timber Ridge lot: 127, Murphy, NC 28906

    $52,500
    1.54 AC lot

    Wooded, private homesite in a gated community, perked and ready to build, directly adjacent to stocked ponds.

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    Creek Frontage Vacant Lot
    Creek Frontage Vacant Lot

    Kaitlan Lane lot: 12, Murphy, NC 28906

    Contact for pricing
    0.87 AC lot

    Vacant lot with creek frontage in gated community.

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    Mountain View Lot in Murphy
    Mountain View Lot in Murphy

    L46 Warbler Road, Murphy, NC 28906

    Contact for pricing

    Unobstructed panoramic views, minimal restrictions, ideal for various uses.

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    Wooded Lot in Mountain Community
    Wooded Lot in Mountain Community

    59 Rainy Farm Road lot: 59, Murphy, NC 28906

    $54,000
    2.07 AC lot

    2.07 acre wooded lot with community river access.

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    Off-Market Properties in Murphy, NC

    Consider similar Off-Market properties in Murphy, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    220 Cherry St
    GARDEN APT, COURT APT (5+ UNITS)

    220 Cherry St, Murphy, NC 28906-3001

    $180,000
    Estimated value
    4,510 sqft 0.46 AC lot
    View details
    641 Andrews Rd
    GARDEN APT, COURT APT (5+ UNITS)

    641 Andrews Rd, Murphy, NC 28906-3506

    $270,000
    Estimated value
    1,900 sqft 0.32 AC lot
    View details
    85 Wls St
    GARDEN APT, COURT APT (5+ UNITS)

    85 Wls St, Murphy, NC 28906-8102

    $490,000
    Estimated value
    4,688 sqft 0.17 AC lot
    View details
    38 Willow St
    GARDEN APT, COURT APT (5+ UNITS)

    38 Willow St, Murphy, NC 28906-2741

    $280,000
    Estimated value
    7,768 sqft 0.09 AC lot
    View details
    5718 Us Hwy 64
    GARDEN APT, COURT APT (5+ UNITS)

    5718 Us Hwy 64, Murphy, NC 28906-8173

    Value Estimation by Request
    12,040 sqft 1.05 AC lot
    View details
    Deer Way
    MOBILE HOME PARK, TRAILER PARK

    Deer Way, Murphy, NC 28906

    $160,000
    Estimated value
    528 sqft 40.37 AC lot
    View details
    50 Hickory St
    GARDEN APT, COURT APT (5+ UNITS)

    50 Hickory St, Murphy, NC 28906-2702

    Value Estimation by Request
    3,230 sqft 0.30 AC lot
    View details
    1070 Nc Hwy 141
    GARDEN APT, COURT APT (5+ UNITS)

    1070 Nc Hwy 141, Murphy, NC 28906-8853

    Value Estimation by Request
    6,816 sqft 1.92 AC lot
    View details
    1371 Andrews Rd
    Land

    1371 Andrews Rd, Murphy, NC 28906

    Value Estimation by Request
    27.67 AC lot
    View details
    2153 Martins Creek Rd
    Multifamily properties

    2153 Martins Creek Rd, Murphy, NC 28906

    Value Estimation by Request
    6.75 AC lot
    View details
    47 Springdale St
    GARDEN APT, COURT APT (5+ UNITS)

    47 Springdale St, Murphy, NC 28906-2956

    Value Estimation by Request
    5,626 sqft 0.42 AC lot
    View details
    193 Peachtree St
    GARDEN APT, COURT APT (5+ UNITS)

    193 Peachtree St, Murphy, NC 28906-3515

    Value Estimation by Request
    8,960 sqft 0.14 AC lot
    View details
    236 Gwenmont Cir
    GARDEN APT, COURT APT (5+ UNITS)

    236 Gwenmont Cir, Murphy, NC 28906-2700

    Value Estimation by Request
    2,664 sqft 4.00 AC lot
    View details

    Murphy, NC Residential Income Properties Market Trends and Statistics

    Explore 16 residential income properties for sale in Murphy, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,200 square feet of properties for sale, with an estimated market value of $958,999.

    Sale prices for residential income properties in Murphy, NC start at $249,999, averaging $479,499, and reaching up to $709,000 — 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

    Multifamily properties 2
    Duplexes 1
    Short term rental properties 1
    Single family properties 1

    Demographics Overview

    Population 20K
    Population Growth (5Y) +1.6%
    Median Household Income $52,669
    College Educated 32.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    28906 $323K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cherokee County

    New Delisted

    Total CRE Inventory on Market (SF)

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