Henderson NC Rental
646 Marshall Street, Henderson, NC 27536
MULTI_FAMILY - Henderson, NC
Type:Single Family Residence
Property size:
484 SFLot size:
0.08 AcresPrice / SF:
$991/SF- Added:
- Feb 7, 2026
- Days on Market:
- 101
- Last Refresh:
- May 19 at 2:06 pm
Property Features for 646 Marshall Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 1
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 1
- Standard status
- Active
- APN
- 0091 06054
- Size
- 484 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 646 Marshall St
- Tax Annual Amount
- 721
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Wood, Tile
- Building materials
- Vinyl Siding
- Roof type
- Shingle
Listing agent Charlese Johnson (410) 241-8788
Listing office Choice Residential Real Estate 256 W Millbrook Road, Raleigh, NC (919) 720-4991
Listing date Feb 7, 2026
MLS# 10145322
Listing URL
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HighLights
- High Gross Cap Rate: Approximately 11.3% offers a strong return on investment.
- Existing Rental Portfolio: Includes 7 single‑family homes and 1 vacant lot.
- Stable Cash Flow: Current gross rental income of $4,515/month with long‑term tenants.
- Potential for Increased Rents: Opportunity to increase income through light updates.
- Low‑Maintenance Floor Plans: Each home features a 1 bed / 1 bath layout.
- Package Can Be Divided: Offers flexibility for different investment strategies.
Overview
This portfolio in Henderson, NC, presents an investor opportunity with seven single-family rental homes and one vacant lot located on Marshall Street. The properties include 621, 623 (lot), 631, 646, 647, 648, 650, and 651 Marshall Street. The full portfolio is priced at $480,000. The current gross rental income is $4,515 per month, resulting in a gross cap rate of approximately 11.3%. Each home features a one-bedroom, one-bath layout with low-maintenance floor plans. The property at 646 Marshall Street has a size of 484 square feet and a lot size of 0.08 acres. Most tenants are long-term and willing to stay, providing immediate, stable cash flow. There is an opportunity to increase rents through light updates over time. This is ideal for investors seeking consistent income and portfolio growth in an established rental market. The package can be divided.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Henderson
- County
- Vance
- State
- North Carolina
- Longitude
- -78.3991978
- Latitude
- 36.3186438
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Seven single-family rentals plus vacant lot in Henderson, NC.
Where is this single family property located?
The property is located at 646 Marshall Street Henderson, NC.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: High Gross Cap Rate: Approximately 11.3% offers a strong return on investment.; Existing Rental Portfolio: Includes 7 single‑family homes and 1 vacant lot.; Stable Cash Flow: Current gross rental income of $4,515/month with long‑term tenants.
