647 Marshall St

Henderson, NC 27536

$64,000
Price
1
Bed
480 Sq. Ft.
$133 / Sq. Ft.
480
Sq. Ft.
$133
per Sq. Ft.
New
New
DSC06924-HDR
DSC06929-HDR
DSC06938-HDR
DSC06949-HDR
DSC06952-HDR
DSC06958-HDR
DSC06961-HDR
DSC06982-HDR
DSC06985-HDR
DSC06988-HDR
DSC06991-HDR
DSC06994-HDR
DSC06997-HDR
DSC07000-HDR
DSC07008-HDR
DSC06970-2-HDR
DSC06973-2-HDR
DSC06964-2-HDR

Description

Investor Opportunity! Rare opportunity to acquire a cash-flowing residential portfolio in Henderson, NC. One of 7 single-family rental homes plus 1 vacant lot, all located along Marshall Street. Gross Cap Over 10%. Addresses to include 621, 623 (lot), 631, 646, 647, 648, 650, and 651 Marshall Street. Total package price: $524,250. Each home features a 1 bedroom / 1 bathroom layout with kitchen and living room, offering efficient floor plans. Most tenants have been in place for several years and are...Investor Opportunity! Rare opportunity to acquire a cash-flowing residential portfolio in Henderson, NC. One of 7 single-family rental homes plus 1 vacant lot, all located along Marshall Street. Gross Cap Over 10%. Addresses to include 621, 623 (lot), 631, 646, 647, 648, 650, and 651 Marshall Street. Total package price: $524,250. Each home features a 1 bedroom / 1 bathroom layout with kitchen and living room, offering efficient floor plans. Most tenants have been in place for several years and are willing to remain, providing immediate, stabilized income. Rental Income: $4,515. Units 631 & 646 have leases in place until June 2026. The remaining units are long standing tenants on month to month. Opportunity to update remaining units over time to further increase rents. This portfolio is ideal for investors seeking stable cash flow with upside, minimal vacancy risk, and a scalable presence in a North Carolina market.
  1. Listed by Charlese Johnson • Choice Residential Real Estate

Property Details for 647 Marshall Street

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 02/07/2026 06:40 PM

Property Details for 647 Marshall Street

StatusActive
MLS #10145323
Days on Market1
Taxes$710 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Single Family Residence
Year Built1950
Lot Size0.09 AC / 3,920 SF
CountyVance County

Location

Listing Courtesy of Choice Residential Real Estate
Add your commute

Building Information for 647 Marshall Street

Stories-Residences4Year Built1950Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$371 per month

30 year fixed, 6.15% Interest

Principal and Interest

$312

Property Taxes

$59

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 647 Marshall Street

Summary
Location and General Information
  • Directions: Take I-85 to Exit 39 (W. Andrews Ave). Turn right and proceed for approximately one mile. Turn right onto N. William St., continue for 0.5 miles, then turn left onto Arch Stand. Travel another 0.5 miles and turn left onto Marshall St.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 36.318913
  • Longitude: -78.399044
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $709.70
  • City Limits Of: Henderson
  • City Limits YN: Yes
  • Lot Number: 0
  • Restrictive Covenants YN: No
Contract Information
  • Lease Expiration Date: 2026-02-28
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 2
Parking
  • Open Parking: No
  • Parking Features: Varies by Unit
  • Attached Garage: No
Property
Lot Information
  • Building Area Total: 480.0
  • Total Other Area Sq Ft: 0
  • Parcel Number: 0091 02005
  • Structure Type: House
Property and Assessments
  • New Construction: No
  • Photos Count: 19
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: See Remarks
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Vinyl Siding, House
Interior Features
  • Levels: One
  • Flooring: Tile, Wood
  • Cooling: Window Unit(s)
  • Cooling?: Yes
  • Heating: See Remarks
  • Interior: Varies by Unit, Vinyl Siding
  • Equipment: Varies by Unit
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: Month To Month
Units Information
Unit One
  • Unit One: Actual Rent: 600.0
Unit Two
  • Unit Two: Levels: One
Unit Three
  • Unit Three: Levels: One
Unit Four
  • Unit Four: Levels: One

Property History for 647 Marshall Street

DateEvent & SourcePriceAppreciation
Feb 7, 2026

Listed (Active)

TRIANGLEMLS #10145323

$64,000—
DateEvent & SourcePrice
02/07/2026

Listed (Active)

TRIANGLEMLS #10145323

$64,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 647 Marshall Street

Taxable ValueLand$2,002Additions$39,358Total$41,360
Tax Record2025$710 ($59 / month)
Home Facts
Beds2Total Finished SqFt480 SqFtAbove Grade Finished SqFt480 SqFtLot Size3,920 SqFtStyleSingle Family ResidenceYear Built1950CountyVANCEAPN0091 02005Fireplace TypeHas Fireplace

Schools near 647 Marshall Street

This home is within Vance County School District.
Rating
School
Type
Grades
Distance
L B Yancey Elementary School
Public - PK to 5
Henderson Middle School
Public - 6 to 8
Northern Vance High School
Public - 9 to 12
Vance Virtual Village Academy
Public - K to 12
Rating
School
Distance
L B Yancey Elementary School
PublicPK to 5

Henderson Middle School
Public6 to 8

Northern Vance High School
Public9 to 12

Vance Virtual Village Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 647 Marshall Street, Henderson, NC 27536

647 Marshall Street is a multi-family home for sale in Henderson, NC 27536. This property was listed for sale on February 7, 2026 by Choice Residential Real Estate, it's currently listed at $64,000. This listing's school district is Vance County School District. Nearby schools include L B Yancey Elementary School, Henderson Middle School and Northern Vance High School. 647 Marshall Street is a 1-bed, 1-bath, 480 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Choice Residential Real Estate

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 2024 Doorify MLS of North Carolina. All rights reserved.