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3 Beds
2 Baths

$249,000

646 SE 8TH ST, Toledo OR, 97391

Price per sqftN/A
Built in1938
Property typeMulti-family
Listing Courtesy of Realty One Group At The Beach, Gina Bebek. 503-753-9071

Overview

Active

Listed Aug 5, 2026

Updated 4 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
670541462

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
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Listing Courtesy of Realty One Group At The Beach, Gina Bebek. 503-753-9071

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Independent Broker Collective are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 10/4/2026, 4:12 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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