Nestled among the gently rolling landscapes of Toledo, Oregon, the historic School House Museum stands as a treasured symbol of learning, community, and heritage. For the first time in decades, this beloved landmark is being offered for sale, presenting a rare opportunity to become part of its rich and storied legacy. Over the years, the building has served as a gathering place for residents, historians, artists, and visitors, fostering a strong sense of community pride and shared identity. Its evocative architecture, featuring original wood flooring, tall windows, and period details, has made it one of Toledo's most cherished landmarks. The welcoming entry opens into a spacious main hall with soaring ceilings and abundant natural light, creating an inspiring and versatile environment. Many original features have been thoughtfully preserved and restored, honoring the building's historic character while enhancing its functionality. Outside, a shared gated entrance leads to a charming brick patio, offering ample space for entertaining, gatherings, or outdoor events. Located in the heart of Toledo's vibrant Toledo Arts District, this unique property offers exceptional potential for a variety of uses, including a community center, art gallery, studio, boutique business, educational facility, creative workspace, or even a distinctive private residence (subject to applicable approvals). This is a rare opportunity to own a piece of Toledo history and write the next chapter for this remarkable property.
Active - bumpable
$265,000
151 NE Alder St, Toledo, OR 97391
0beds
1,283sqft
Single Family Residence
Built in 1915
871 Square Feet Lot
$255,500 Zestimate®
$207/sqft
$-- HOA
What's special
Spacious main hallCharming brick patioTall windowsSoaring ceilingsAbundant natural lightOriginal wood flooringShared gated entrance
- 105 days
- 78
- 0
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Deanna Christine Watkins 541-265-5455,
Windermere West Coast Properties
Source: OCMLS,MLS#: 26-1600
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- 1/2 bathrooms: 1
Bonus room
- Description: Walk Out
Living room
- Description: Many Possibilities
Heating
- Electric, Zoned
Cooling
- None
Appliances
- Included: Refrigerator
Features
- Flooring: Concrete, Wood
- Windows: Vinyl Frames
- Basement: Concrete,Exterior Entry,Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 1,283
- Total interior livable area: 1,283 sqft
- Finished area above ground: 451
- Finished area below ground: 416
Property
Parking
- Parking features: On Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Patio, Rear Patio, Open Porch
- Exterior features: Private Yard, Courtyard
- Fencing: Wrought Iron
Lot
- Size: 871 Square Feet
- Features: Interior Lot, Sloped
Details
- Additional structures: None
- Additional parcels included: Toledo 5th Addn
- Parcel number: 111017BB1380000
- Zoning description: C - Commercial
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Lap Siding
- Foundation: Slab, Permanent
- Roof: Composition,Metal
Condition
- New construction: No
- Year built: 1915
- Major remodel year: 2000
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Sidewalks
- Security: Smoke Detector(s)
- Subdivision: Toledo 4th Addition
HOA
- Has HOA: No
Location
- Region: Toledo
Financial & listing details
- Price per square foot: $207/sqft
- Date on market: 9/14/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$255,500
$243,000 - $268,000
$1,957/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Contingent | $265,000$207/sqft |
Source: | ||
| 8/28/2026 | Pending sale | $265,000$207/sqft |
Source: | ||
| 7/5/2026 | Contingent | $265,000$207/sqft |
Source: | ||
| 6/9/2026 | Listed for sale | $265,000$207/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






