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Active
$189,700 Est. $1,307/mo — Get pre-qualified
3beds 1.5baths 1,514sq ft 0.32acres

992 Valley River Avenue · Murphy, NC 28906

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992 Valley River Avenue - A Piece of Murphy, NC History with Endless Potential

Originally built in 1912, this Character filled fixer upper home is ready for its next chapter. Offering 3 bedrooms, 1.5 bathrooms, and a fully renovated kitchen with new appliances, this property provides the perfect foundation for your vision while still leaving plenty of opportunity to add your own finishing touches.

Whether you're looking for your next fix-and-flip project, a long-term rental investment, or a unique primary or vacation home, the possibilities here are endless. With its layout and ample space, the home may even lend itself to conversion into a duplex, creating additional income potential.

Situated on a flat corner lot within the city limits, this property enjoys a prime location in the heart of Murphy while maintaining a sense of privacy away from the main thoroughfare. You'll be just minutes from downtown Murphy, local parks, shopping, dining, pickleball courts, and Harrah's Cherokee Valley River Casino & Hotel.

Rich with character and packed with potential, this is the perfect opportunity for buyers with creativity and vision. If you've been searching for a property where you can build equity and create something special, this is the one. Bring your ideas, make it shine, and schedule your showing today!

Features & Amenities

Living Area1,514 Sq.Ft.
Bedrooms3
Baths1.5
HeatingPropane, Wall Furnace, Fireplace Insert
CoolingWall/Window Unit(s)
FlooringWood
Fireplace2
AppliancesBuilt-In Microwave, Refrigerator, Range, Dishwasher
Interior FeaturesCeiling Fan(s)
LaundryDryer Hookup, Washer Hookup
StyleSingle Family Residence
Year Built1912
ConstructionWood Siding
RoofShingle
FoundationCrawl Space
ParkingGravel, No Garage
StatusActive
Lot Size0.32 Acres
Lot FeaturesLevel, Corner Lot
SubdivisionNot In Subdivision
CountyCHEROKEE
Last UpdatedOct 7, 2026
UtilitiesCable Available
Water SourcePublic
HOANo
ElementaryMurphy Elementary School
MiddleMurphy Middle
HighMurphy High School
Presented By: REMAX Town & Country - Murphy; chrissy@homesmurphync.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 7, 2026 Price Reduced $199,700 → $189,700 ▾ $10,000 (5.0%)

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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Last Updated: Oct 7, 2026