648 Marshall StreetHenderson, NC 27536
- House
- $62,400
- 488 SQFT
- 1 Bedrooms
- 1 Bathrooms
- 488 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
- 1950
- Neighborhood
- Not in a Subdivision
- County
- Vance
- Elementary School
- Rollins Annex
- Middle School
- Vance County
- High School
- Vance County
Property Details for 648 Marshall Street
648 Marshall Street is a house for sale in Henderson, NC 27536. This 488 SQFT house sits on a 0.07 acre lot and features 1 bedrooms and 1 bathrooms. Built in 1950, this house has been on the market for a total of 6 days and is currently priced at $62,400.
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.
Similar Properties for 648 Marshall Street
We found 24 similar homes for sale with 1 bedrooms that are priced between $12,400 and $112,400.
Henderson
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Listing Provider for 648 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:
- 10146948
- Data Source:
- Triangle MLS
- Last Checked:
- 1 minute ago
- Last Updated:
- February 21, 2026 3:12 PM UTC
- Days on Site:
- 6
