Henderson NC Rental
648 Marshall Street, Henderson, NC 27536
MULTI_FAMILY - Henderson, NC
Type:Single Family Residence
Property size:
488 SFLot size:
0.07 AcresPrice / SF:
$983/SF- Added:
- Feb 7, 2026
- Days on Market:
- 101
- Last Refresh:
- May 19 at 2:06 pm
Property Features for 648 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 06053
- Size
- 488 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 648 Marshall St
- Tax Annual Amount
- 893
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 2
- 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# 10145325
Listing URL
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HighLights
- High Gross Cap Rate: Approximately 11.3% indicates strong potential return on investment.
- Immediate, Stable Cash Flow: Portfolio provides consistent monthly rental income of $4,515 with long‑term tenants.
- Portfolio of 7 Single‑Family Homes + 1 Vacant Lot: Offers diversification and potential for future development.
- Low‑Maintenance 1 Bed / 1 Bath Layouts: Simplifies property management and reduces upkeep costs.
- Opportunity to Increase Rents: Potential for increased income through minor property updates.
- Established Rental Market: Located in Henderson, NC, suggesting a stable demand for rental properties.
Overview
This investment opportunity features a portfolio of seven single-family rental homes and one vacant lot, situated in Henderson, NC. The properties are located on Marshall Street and include addresses 621, 623 (lot), 631, 646, 647, 648, 650, and 651. Each home offers a one-bedroom, one-bathroom layout with low-maintenance floor plans. The total property size is 488 square feet, and the lot size is 0.07 acres. The current gross rental income is $4,515 per month, resulting in a gross cap rate of approximately 11.3%. The majority of tenants are long-term and interested in remaining, providing immediate and stable cash flow. There is an opportunity to increase rents through light updates over time. This portfolio is ideal for investors seeking consistent income and 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
- -78.399069
- Latitude
- 36.3186339
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Investment opportunity: portfolio of single-family rental homes and vacant lot.
Where is this single family property located?
The property is located at 648 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% indicates strong potential return on investment.; Immediate, Stable Cash Flow: Portfolio provides consistent monthly rental income of $4,515 with long‑term tenants.; Portfolio of 7 Single‑Family Homes + 1 Vacant Lot: Offers diversification and potential for future development.
