647 Marshall Street, Henderson, NC 27536
Local realty services provided by:ERA Strother Real Estate
647 Marshall Street,Henderson, NC 27536
$480,000
- 1 Beds
- 1 Baths
- 480 sq. ft.
- Multi-family
- Active
Listed by: charlese johnson
Office: choice residential real estate
MLS#:10145323
Source:RD
Price summary
- Price:$480,000
- Price per sq. ft.:$1,000
About this home
Investor Opportunity - Rental Portfolio in Henderson, NC
7 single-family rental homes + 1 vacant lot located on Marshall Street:
621, 623 (lot), 631, 646, 647, 648, 650, 651
Full portfolio price: $480,000
Current gross rental income: $4,515/month
Gross Cap Rate: ~11.3%
Each home features a 1 bed / 1 bath layout with low-maintenance floor plans. Most tenants are long-term and willing to stay, providing immediate, stable cash flow.
Opportunity to increase rents through light updates over time. Ideal for investors seeking consistent income and portfolio growth in an established rental market.
Contact an agent
Home facts
- Year built:1950
- Listing ID #:10145323
- Added:42 day(s) ago
- Updated:March 20, 2026 at 03:03 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Tile, Wood
- Living area:480 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
Structure and exterior
- Roof:Shingle
- Year built:1950
- Building area:480 sq. ft.
- Lot area:0.09 Acres
- Construction Materials:Vinyl Siding
- Levels:One
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$480,000
- Price per sq. ft.:$1,000
- Tax amount:$709
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