646 SE 8TH ST, Toledo, OR 97391

  • $299,000

Overview

  • 1938
    Year Built
  • MultiFamily
    Property Type
  • 670541462
    MLS#
  • 0.11 Acres
    Land Area
  • Realty One Group At The Beach
    Office Name
  • Gina Bebek
    Agent Name

Description

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.

Details

Updated on August 6, 2026 at 12:09 am
  • MLS# 670541462
  • Price $299,000
  • Land Area 0.11 Acres
  • Garage Size x x
  • Year Built 1938
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Realty One Group At The Beach
  • Agent Name Gina Bebek
  • Office Phone 971-600-3663

Additional details

  • Listing Terms Cash, Conventional, VALoan
  • Roof Composition
  • Sewer Public Sewer
  • Cooling None
  • Heating Baseboard
  • County Lincoln
  • Property Type MultiFamily
  • Parking Driveway, On Street
  • Elementary School Yaquina View
  • Middle School Toledo
  • High School Toledo

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