Address
646 Se 8th Street, Toledo, OR
Price
$ 299,000
Property Attributes
- MLS#262168
- TypeSingle Family
- Listing Status Pending
- CountyLINCOLN
- CityToledo
- NeighborhoodVincents
- Zip97391
- StyleCottage
- Year Built1938
- Taxes$ 1722
- Price$ 299,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1700
- Lot Size0.11 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property 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.
| Price History | |
|---|---|
| 8/6/2026 | Listed $299,000 |
General Features
| Heating | Electric,Baseboard |
|---|---|
| Cooling | None |
| Utilities | Cable Available,Electricity Connected,Phone Available,Separate Meters,Sewer Connected,Water Connected |
| Possession | Subject To Tenant Rights |
| Roof | Composition |
| Appliances | Electric Range,Water Heater,Refrigerator |
| Zoning | R-G Residential,General |
| Garage Spaces | 0.0 |
| Patio/Porch Features | Covered Porch |
| Architectural Style | Cottage |
| Year Built | 1938 |
| Electric | 100 Amp Service |
| Tenant Pays | All Utilities |
| Property Subtype | Duplex |
| Tax Year | 2026 |
| Gross Income | 32400.0 |
| OwnerPays | Exterior Maintenance |
| County | Lincoln |
| Property Type | Residential Income |
| HOA | No |
| Attached Garage | No |
| MaintenanceExpense | 2000.0 |
| Subdivision Name | Vincent's |
| Garage Y/N | No |
| Status | Pending |
| Directions | OR-20,East on NW st,follow to SE Butler Bridge Rd,Left in Fir St to left on 8th.end of street on R |
| City | Toledo |
| Senior Community Y/N | No |
| Number Of Units Total | 2 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 4792.0 |
| Carport Y/N | No |
| Number of Units Leased | 2 |
| Land Lease Y/N | No |
| Tax Annual Amount | 1722.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://player.vimeo.com/video/1215910455?badge=0&autopause=0&player_id=0&app_id=58479 |
| Standard Status | Pending |
| Year Built Source | Assessor |
| Cap Rate | 10.0 |
Interior Features
| Flooring | Carpet,Vinyl |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 1700.0 |
| Total Bedrooms | 3 |
| Below Grade Finished Area | 0.0 |
| Total Baths | 2 |
Exterior Features
| Parking Features | Driveway,Off Street,On Street |
|---|---|
| Lot Features | Gentle Sloping,Level |
| Water Source | Public |
| Total Parking | 3.0 |
| Lot Size Area | 0.11 |
| Foundation Details | Concrete Perimeter |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 1700.0 |
| Lot Size Acres | 0.11 |
| Road Surface Type | Gravel |
| Number of Separate Water Meters | 2 |
| Number of Separate Electric Meters | 2 |
| Road Frontage Type | City Street |
| Crops Included Y/N | No |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 97391
Price
Taxes
Year Built
Visits
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than New Con Team are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 25, 2026 6:34 PM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Copyright © 2026 WVMLS. All Rights Reserved. Information last updated on September 25, 2026 7:53 PM UTC
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