631 Marshall Street, Henderson, NC 27536

Henderson
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
631 Marshall Street,Henderson, NC 27536
$480,000
  • 1 Beds
  • 1 Baths
  • 504 sq. ft.
  • Multi-family
  • Active
Listed by: charlese johnson
Office: choice residential real estate
MLS#:10145321
Source:RD

Price summary

  • Price:$480,000
  • Price per sq. ft.:$952.38

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. 631 Marshall - Fitted with new fiber cement sidings.

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Home facts

  • Year built:1950
  • Listing ID #:10145321
  • Added:66 day(s) ago
  • Updated:April 14, 2026 at 03:36 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Tile, Wood
  • 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
  • Construction Materials:Vinyl Siding
  • Levels:One

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$480,000
  • Price per sq. ft.:$952.38
  • Tax amount:$744
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