Rental Homes Portfolio
650 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 1:06 pm
Property Features for 650 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 06052
- Size
- 488 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 650 Marshall St
- Tax Annual Amount
- 709
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Tile, Wood
- 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# 10145327
Listing URL
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HighLights
- High Gross Cap Rate: Approximately 11.3% indicates a strong potential return on your investment.
- Immediate, Stable Cash Flow: This portfolio provides consistent income with long‑term tenants already in place.
- Rental Portfolio: Includes 7 single‑family homes and 1 vacant lot.
- Potential for Rent Increases: There's an opportunity to increase income through strategic updates.
- Low‑Maintenance: Homes feature 1 bed/1 bath layouts with low‑maintenance floor plans.
- Package Can Be Divided: Offers flexibility for different investment strategies.
Overview
This offering presents an investor opportunity in Henderson, NC, featuring a portfolio of seven single-family rental homes and one vacant lot located on Marshall Street. The properties include 621, 631, 646, 647, 648, 650, and 651 Marshall Street, along with the vacant lot at 623 Marshall Street. The full portfolio is priced at $480,000. Each home features a one-bedroom, one-bathroom layout with low-maintenance floor plans. The current gross rental income is $4,515 per month, resulting in a gross cap rate of approximately 11.3%. The total property size of all the homes is 488 square feet and the lot size is 0.07 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 portfolio is ideal for investors seeking consistent income and portfolio growth in an established rental market.
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
- -78.3989466
- Latitude
- 36.3186372
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Portfolio of seven single-family rental homes plus one vacant lot.
Where is this single family property located?
The property is located at 650 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 a strong potential return on your investment.; Immediate, Stable Cash Flow: This portfolio provides consistent income with long‑term tenants already in place.; Rental Portfolio: Includes 7 single‑family homes and 1 vacant lot.
