621 Marshall Street
Henderson, NC 27536Investor 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 621, 623 (vacant lot), and 631 Marshall Street offered at $167,300, 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.
$68,500
1 bedrooms
1 full bathrooms
0.07 acres
504 square feet
$136 per square foot
- Exterior Features
- Interior Features
- Property Features
- Construction Materials Vinyl Siding
- Lot Size Acres 0.07
- Parking Features Varies by Unit
- Structure Type House
- Above Grade Finished Area 504
- Cooling Window Unit(s)
- Cooling Y/N Yes
- Flooring Tile, Wood
- Heating See Remarks
- Rooms Total 1
- Tax Annual Amount 743.64
- Water Source Public
- Year Built 1950
Additional Property Information
- TypeSingle Family Residence
- Built1950
- NeighborhoodNot in a Subdivision
- CountyVance
- AreaHenderson
- Elementary SchoolVance - Rollins Annex
- Middle SchoolVance - Vance County
- High SchoolVance - Vance County
Listing courtesy of Choice Residential Real Estate. © 2026 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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