646 SE 8th ST, Toledo, OR 97391
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646 SE 8th ST, Toledo, OR 97391
646 SE 8th ST, Toledo, OR 97391
646 SE 8th ST, Toledo, OR 97391
646 SE 8th ST, Toledo, OR 97391
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Jared Hambrook

Jared Hambrook

+1(503) 930-2124
$ 299,000
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646 SE 8th ST Toledo, OR 97391

3 Beds

2 Baths

2 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2 sqft

Price per Sqft $149,500

Subdivision Vincent'S

MLS Listing ID 26-2168

Style Cottage

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1938

Annual Tax Amount $1,722

Tax Year 2026

Lot Size 4,792 Sqft

Acres 4791.6

Property Sub-Type Duplex

Source Oregon Coast Multiple Listing Service

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.

Location

State OR

County Lincoln

Zoning R-G Residential, General

Direction 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

Interior

Heating Electric, Baseboard

Cooling None

Flooring Carpet, Vinyl

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Garden

Fence Chain Link

Utilities Available Cable Available, Electricity Connected, Phone Available, Separate Meters, Sewer Connected, Water Connected

Roof Type Composition

Porch Covered Porch

Garage No

Building

Lot Description Gentle Sloping, Level

Story 2

Foundation Concrete Perimeter

Water Public

Architectural Style Cottage

Level or Stories 2

New Construction No

Others

Senior Community false

Tax ID 111017CA-4500-00

Special Listing Condition Standard

Virtual Tour https://player.vimeo.com/video/1215910455?badge=0&autopause=0&player_id=0&app_id=58479

Lincoln County MLS Oregon / OREGON COAST MLS
Listed by Realty One Group At The Beach, Newport

NEARBY SCHOOLS & PROPERTIES

Jared Hambrook

Jared Hambrook

Principal Broker License ID: 201211534

+1(503) 930-2124

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646 SE 8th ST

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