647 Marshall Street, Henderson, NC 27536

Henderson
Local realty services provided by:ERA Parrish Realty Legacy Group
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. Package can be divided.

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Home facts

  • Year built:1950
  • Listing ID #:10145323
  • Added:110 day(s) ago
  • Updated:May 29, 2026 at 03:13 PM

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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