Murphey School

443 N Person St, Raleigh, North Carolina 27601

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Murphey School is managed by Community Management Corporation.

Murphey School is a 52-unit apartment community conveniently located in downtown Raleigh adjacent to the Oakwood Historic District. Formerly Raleigh's historic Murphey School, the apartment community includes a security system, elevator, fireproof design with sprinklers throughout, on-site resident manager, on-site laundry facilities, handicapped accessible units, and ample meeting space for resident activities.

Supportive services through Resources for Seniors of Wake County are available for individuals with special needs, in addition to regularly programmed activities for all residents.

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Call for Price
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price

Eligibility for Murphey School

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Raleigh but actual income limits may differ for units at Murphey School.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $39,700 $45,350 $51,000 $56,650
Low Income (60%) $47,640 $54,420 $61,200 $67,980

Murphey School Details

  • 52 studio, one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Elevator
  • Fitness Center
  • Library
  • On-Site Manager
  • Emergency Pull Cord
  • Landscaping
  • Computer Room
  • Resident Activities

Unit Amenities

  • Cable Ready
  • Refrigerator
  • Bathroom Grab Bars
  • Stove
  • Fully Equipped Kitchen
  • Electric Range
  • Energy Efficient Appliances
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

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