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Listed price in listed location currency (USD).
$62,400

110

MLS® 10146948

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 488 sqft
Garage No
Taxes $893
Days Active 5
Lot Size 0.07 acres
Approx. Age 1950
Avg. Price Per Sqft $127
MLS® Number 10146948

Property Address: 648 Marshall St, Henderson, NC, 27536-5440

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number10146948
Laundry Level
Central VacNo
FireplaceNo
Acreage0.07
Exterior
GarageNo
Approx. Age1950
Basement
DrivewayVaries by Unit
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Other:Main FloorNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 17, 2026List Date
$62,400List Price
  • Commute

Commute

Starting Address
Destination Address
648 Marshall St, Henderson, NC

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