$480,000
$416K PRICE INCREASE

647 Marshall St Henderson, NC 27536

Estimated payment $2,584/month

Total Views 3,546
1 Bed
1 Bath
480 Sq Ft
$1,000 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Bungalow
  • Main Floor Primary Bedroom
  • Window Unit Cooling System
  • 1-Story Property

About This Home

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.

Listing Agent

Charlese Johnson

Choice Residential Real Estate License #345532 Listed on: 02/17/2026

Choice Residential Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $710

Year Built

  • Built in 1950

Parking

  • Varies By Unit

Home Design

  • Bungalow
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Schools

  • Rollins Annex Elementary School
  • Vance County Middle School
  • Vance County High School

Additional Features

  • 3,920 Sq Ft Lot
  • Window Unit Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0091 02005

Home Details

Home Type

Single Family

Est. Annual Taxes

$710

Year Built

Built in 1950

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Year Built: 1950
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 480.0
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Room Types Primary Bedroom Level: Main
  • General Property Information Enhanced Accessible2: No
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Architectural Shingle
  • Acres: 0.09
  • Construction Type: Vinyl Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Open Parking: No
  • Parking Features: Varies by Unit

Utilities

  • Heating: See Remarks
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Ninth Grade High School: Vance - Vance County
  • Middle Or Junior School: Vance - Vance County

Lot Info

  • Lot Size Sq Ft: 3920.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0091 02005

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Annual Amount: 709.7
  • Tax Year: 2025

MLS Schools

  • Elementary School: Vance - Rollins Annex

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $710 $41,360 $2,002 $39,358
2024 $689 $41,360 $2,002 $39,358
2023 $214 $5,744 $2,217 $3,527
2022 $212 $5,744 $2,217 $3,527
2021 $92 $5,744 $2,217 $3,527
2020 $209 $5,744 $2,217 $3,527
2019 $204 $5,744 $2,217 $3,527
2018 $92 $5,744 $2,217 $3,527
2017 $197 $5,744 $2,217 $3,527
2016 $197 $5,744 $2,217 $3,527
2015 $87 $9,020 $3,405 $5,615
2014 $232 $9,012 $3,405 $5,607
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2026 03/19/26 Price Changed $480,000 +650.0% $1,000 / Sq Ft
02/17/2026 02/17/26 For Sale $64,000 -- $133 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $340,000 None Listed On Document
Warranty Deed $340,000 None Listed On Document
Warranty Deed $161,000 --
Source: Public Records

Source: Doorify MLS

MLS Number: 10146946

Doorify MLS

APN: 0091-02005

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