631 Marshall Street, Henderson, NC 27536
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
631 Marshall Street,Henderson, NC 27536
$93,800
- 1 Beds
- 1 Baths
- 504 sq. ft.
- Single family
- Active
Listed by: charlese johnson
Office: choice residential real estate
MLS#:10146936
Source:RD
Price summary
- Price:$93,800
- Price per sq. ft.:$186.11
About this home
Investor Opportunity - Performing Rental Portfolio in Henderson, NC. Rare chance to acquire a cash-flowing residential portfolio located along Marshall Street. Purchase options available: 3-property package including 621, 623 (vacant lot), and 631 Marshall Street offered at $167,300, or full portfolio package consisting of 7 single-family rental homes plus 1 vacant lot. Full package addresses include 621, 623 (lot), 631, 646, 647, 648, 650, and 651 Marshall Street. Total package price $524,250. Gross cap rate over 10%.
Each home features a 1 bedroom / 1 bathroom layout with kitchen and living room, offering efficient, low-maintenance floor plans ideal for long-term rentals. Most tenants are long-standing and willing to remain, providing immediate, stabilized income. Current gross rental income is $4,515 per month. Units at 631 and 646 have leases secured through June 2026; remaining units are occupied on month-to-month terms.
Value-add opportunity exists to update units over time and increase rents. Ideal for investors seeking stable cash flow, minimal vacancy risk, and portfolio growth in an established North Carolina rental market.
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Home facts
- Year built:1950
- Listing ID #:10146936
- Added:4 day(s) ago
- Updated:February 21, 2026 at 07:52 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Living area:504 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
Structure and exterior
- Roof:Shingle
- Year built:1950
- Building area:504 sq. ft.
- Lot area:0.07 Acres
Schools
- High school:Vance - Vance County
- Middle school:Vance - Vance County
- Elementary school:Vance - Rollins Annex
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$93,800
- Price per sq. ft.:$186.11
- Tax amount:$744
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