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650 Marshall Street, 
Henderson, NC 27536

$480,000

1

Bed

1

Bath

488

Sq Ft

Single Family

Active

Listed by

Charlese Johnson

Choice Residential Real Estate

919-720-4991

Last updated:

May 16, 2026, 03:14 PM

MLS#

10146950

Source:

RD

About This Home

650 Marshall Street

Investor Opportunity - Rental Portfolio in Henderson, NC 7 single-family rental homes + 1 vacant lot located on Marshall Street: 621, 623 (lot), 631, 646, 647, 648, 650, 651 Full portfolio price: $480,000 Current gross rental income: $4,515/month Gross Cap Rate: ~11.3% Each home features a 1 bed / 1 bath layout with low-maintenance floor plans. Most tenants are long-term and willing to stay, providing immediate, stable cash flow. Opportunity to increase rents through light updates over time. Ideal for investors seeking consistent income and portfolio growth in an established rental market. Package can be divided.

Home Facts

Single Family

1 Bath

1 Bedroom

Built in 1950

Price Summary

480,000

$983 per Sq. Ft.

MLS #:

10146950

Last Updated:

May 16, 2026, 03:14 PM

Added:

3 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

488 Sq. Ft.

Structure

Structure

Architectural Style:

Bungalow

Building Area:

488 Sq. Ft.

Year Built:

1950

Lot

Lot Size (Sq. Ft):

3,049

Finances & Disclosures

Finances

Price:

$480,000

Price per Sq. Ft:

$983 per Sq. Ft.

MLS Logo
Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2026 Doorify MLS of North Carolina. All rights reserved.

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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.