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646 Marshall Street, 
Henderson, NC 27536

$92,700


1

Bed


1

Bath


484

Sq Ft


Single Family

Active

Listed by

Charlese Johnson

Choice Residential Real Estate

919-720-4991

Last updated:

February 28, 2026, 03:52 PM

MLS#

10146942

Source:

NC BAAR

About This Home

646 Marshall Street

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.

Home Facts

Single Family

1 Bath

1 Bedroom

Built in 1955

Price Summary

92,700

$191 per Sq. Ft.

MLS #:

10146942

Last Updated:

February 28, 2026, 03:52 PM

Added:

14 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

484 Sq. Ft.


Structure

Structure

Architectural Style:

Bungalow

Building Area:

484 Sq. Ft.

Year Built:

1955


Finances & Disclosures

Finances

Price:

$92,700

Price per Sq. Ft:

$191 per Sq. Ft.

Source:NC BAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.