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Residential Land for Sale in Henderson, North Carolina
623 Marshall St, Henderson, NC 27536
$480,000
0.07 acres
Active sale
Est $3,237/moInvestor 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.
Location
- Street address
- 623 Marshall St
- County
- Vance County
- Elevation
- 476 feet
Property details
- Lot size
- 0.07 acres3,049 sq ft
- MLS #
- DMLS 10145319
- Posted
Property taxes
- 2025
- $18 - 623 Marshall St
Parcels
- 0091 01010
Details and features
Listing
- Type
- Land
Lot
- Vegetation
- Cleared
Structure
- Water
- Public
- Sewer
- Public Sewer
Nearby schools
| Name | Type |
|---|---|
| Vance - Yancey | Elementary |
| Vance - Vance County | Middle |
| Vance - Vance County | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 19, 2026 | Price increase | $480,000 | $475,000 9500% | DMLS |
| Feb 7, 2026 | New listing | $5,000 | — | DMLS |
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