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646 SE 8th, Toledo, OR 97391

Toledo
Local realty services provided by:CENTURY 21 Shorepine Properties
646 SE 8th,Toledo, OR 97391
$299,000
  • 3 Beds
  • 2 Baths
  • 2 sq. ft.
  • Multi-family
  • Active
Listed by: samantha mcclain, gina rae bebek
Office: realty one group at the beach, newport
MLS#:26-2168
Source:OR_LCBR

Price summary

  • Price:$299,000
  • Price per sq. ft.:$149,500

About this home

Excellent Investment Opportunity - 10% Cap Rate! Don't miss this income-producing duplex in the heart of Toledo, offering an impressive 10% cap rate and excellent cash-flow potential. This well-maintained property features two separate units—one 2-bedroom, 1-bath and one 1-bedroom, 1-bath—making it an attractive option for investors seeking steady rental income. Situated on a generously sized lot, the property includes a large yard with a charming garden area with covered patio, providing outdoor space for tenants to enjoy. Conveniently located just minutes from downtown Toledo, shopping, restaurants, schools, and local amenities, this duplex offers both convenience and long-term rental appeal. Whether you're looking to add to your investment portfolio or begin building wealth through real estate, this property offers strong returns with plenty of upside. Schedule your showing today and discover the value of this exceptional investment opportunity! Both units currently occupied.

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Home facts

  • Year built:1938
  • Subdivision & Development:Vincent's
  • Listing ID #:26-2168
  • Added:2 day(s) ago
  • Updated:August 08, 2026 at 03:24 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Vinyl
  • Kitchen Description:Electric Range, Refrigerator
  • Basement Description:Concrete Perimeter
  • Living area:2 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric

Structure and exterior

  • Year built:1938
  • Building area:2 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Cottage
  • Construction Materials:Fiber Cement
  • Exterior Features:Garden
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,000
  • Price per sq. ft.:$149,500
  • Tax amount:$1,722 (2026)

Features and amenities

  • Appliances:Electric Range, Refrigerator, Water Heater

Parking

  • Total parking spaces:3
  • Parking description:Off Street

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