648 Marshall Street

Henderson, NC 27536

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.

Listing courtesy of Charlese Johnson of Choice Residential Real Estate



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Last checked: 2026-02-17 06:01 PM UTC