646 SE 8th St, Toledo, OR 97391

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
646 SE 8th St,Toledo, OR 97391
$299,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: gina bebek
Office: realty one group at the beach971-600-3663
MLS#:670541462
Source:PORTLAND

Price summary

  • Price:$299,000

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
  • Listing ID #:670541462
  • Added:1 day(s) ago
  • Updated:August 07, 2026 at 11:36 AM

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1938
  • Lot area:0.11 Acres
  • Lot Features:Gentle Sloping
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

  • High school:Toledo
  • Middle school:Toledo
  • Elementary school:Yaquina View

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,000
  • Tax amount:$1,722

Parking

  • Parking description:Driveway, On street
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