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646 Marshall StreetHenderson, NC 27536

  • House
  • $92,700
  • 484 SQFT
  • 1 Bedrooms
  • 1 Bathrooms
  • 484 SQFT

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 646, 648, and 650 Marshall Street for $220,450 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 21, 2026
Days on Website
6
Type
House
Style
Bungalow
Year Built
1955
County
Vance
Elementary School
Rollins Annex
Middle School
Vance County
High School
Vance County

Property Details for 646 Marshall Street

646 Marshall Street is a house for sale in Henderson, NC 27536. This 484 SQFT house sits on a 0.08 acre lot and features 1 bedrooms and 1 bathrooms. Built in 1955, this house has been on the market for a total of 6 days and is currently priced at $92,700.

All

Charlese Johnson

Choice Residential Real Estate

410-241-8788

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.

Listing Provider for 646 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:
10146942
Data Source:
Triangle MLS
Last Checked:
1 minute ago
Last Updated:
February 21, 2026 3:31 PM UTC
Days on Site:
6
Triangle MLS