648 Marshall Street, Henderson, NC 27536

Local realty services provided by:Better Homes and Gardens Real Estate Paracle
648 Marshall Street,Henderson, NC 27536
$62,400
  • 1 Beds
  • 1 Baths
  • 488 sq. ft.
  • Multi-family
  • Active
Listed by: charlese johnson
Office: choice residential real estate
MLS#:10145325
Source:RD

Price summary

  • Price:$62,400
  • Price per sq. ft.:$127.87

About this home

Investor Opportunity! Rare opportunity to acquire a cash-flowing residential portfolio in Henderson, NC. One of 7 single-family rental homes plus 1 vacant lot, all located along Marshall Street. Gross Cap Over 10%. Addresses to include 621, 623 (lot), 631, 646, 647, 648, 650, and 651 Marshall Street. Total package price: $524,250. Each home features a 1 bedroom / 1 bathroom layout with kitchen and living room, offering efficient floor plans. Most tenants have been in place for several years and are willing to remain, providing immediate, stabilized income. Rental Income: $4,515. Units 631 & 646 have leases in place until June 2026. The remaining units are long standing tenants on month to month. Opportunity to update remaining units over time to further increase rents. This portfolio is ideal for investors seeking stable cash flow with upside, minimal vacancy risk, and a scalable presence in a North Carolina market.

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Home facts

  • Year built:1950
  • Listing ID #:10145325
  • Added:4 day(s) ago
  • Updated:February 10, 2026 at 04:59 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:488 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Building area:488 sq. ft.
  • Lot area:0.07 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$62,400
  • Price per sq. ft.:$127.87
  • Tax amount:$893
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