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3 Beds
2 Baths
1,700 sqft

$249,000

646 SE 8th Street, Toledo OR, 97391

Price per sqft$146.47
Built in1938
Property size1,700 sqft
Property typeMulti-family

Overview

Active

Listed Oct 3, 2026

Updated 3 days ago

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.

$1,657/mo

Est. mortgage payment based on a $249,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26-2168

Interior Features

Bedrooms
3
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$1,722
Tax Frequency
Annually
Maintenance Expense
$2,000
55+/Senior Community
No

 

Courtesy of Realty One Group At The Beach, Newport

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sand + Cedar Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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