623 Marshall StreetHenderson, NC 27536
- Unimproved
- $5,000
- 0.07 Acres
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.
- Last Checked
- 1 minute ago
- Last Updated
- Feb 17, 2026
- Days on Website
- 25
Property Details for 623 Marshall Street
623 Marshall Street is a 0.07 acre lot for sale in Henderson, NC 27536.
Please contact Charlese Johnson at Choice Residential Real Estate direct by phone at 410-241-8788. You may also reach Choice Residential Real Estate by phone at 919-720-4991.
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Listing Provider for 623 Marshall Street
Offered by Red Door Company. Information Not Guaranteed. © Triangle MLS Inc. All rights reserved. Listings marked with a TMLSidx icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
- Agent:
- Charlese Johnson
- Agent Phone Number:
- 410-241-8788
- Office:
- Choice Residential Real Estate
- Office Phone Number:
- 919-720-4991
- MLS ID:
- 10145319
- Data Source:
- Triangle MLS
- Last Checked:
- 1 minute ago
- Last Updated:
- February 17, 2026 4:47 PM UTC
- Days on Site:
- 25
