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    • $265,000

    151 NE Alder St, Toledo, OR 97391

    0beds
    1,283sqft
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    Single Family Residence
    Built in 1915
    871 Square Feet Lot
    $253,300 Zestimate®
    $207/sqft
    $-- HOA

    What's special

    Spacious main hallCharming brick patioTall windowsSoaring ceilingsAbundant natural lightOriginal wood flooringShared gated entrance
    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.
    32 days
    |
    817
    |
    31
    |

    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#: 26-1600MLS Logo

      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: 6/9/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $253,300

        $241,000 - $266,000

        $2,070/mo

        Price history

        DateEventPrice
        7/5/2026Contingent$265,000$207/sqft
        Source: OCMLS #26-1600 Report a problem
        6/9/2026Listed for sale$265,000$207/sqft
        Source: OCMLS #26-1600 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 97391

        Getting around

        57 / 100
        Somewhat Walkable
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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