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Active
    • Price cut: $50K (10/3)
    $249,000

    646 SE 8th St, Toledo, OR 97391

    3beds
    1,700sqft
    : 
    $1,843/mo
    Get pre-qualified
    Duplex
    Built in 1938
    -- sqft lot
    $-- Zestimate®
    $146/sqft
    $-- HOA

    What's special

    Large yardGenerously sized lot
    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.
    64 days
    530
    44

    Zillow last checked:

    Listing updated:

    Listed by:

    Samantha McClain 503-318-3020,

    Realty One Group At The Beach, Newport,

    Gina Rae Bebek 503-753-9071,

    Realty One Group At The Beach, Newport

    Source: OCMLS,MLS#: 26-2168MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Appliances
      • Included: Electric Range, Refrigerator, Water Heater
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Flooring: Carpet, Vinyl
      • Has basement: No
      Interior area
      • Total structure area: 1,700
      • Total interior livable area: 1,700 sqft
      • Finished area above ground: 1,700
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway, Off Street, On Street, Tandem
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered Porch
      • Exterior features: Garden
      • Fencing: Chain Link
      Lot
      • Size: 4,791 Square Feet
      • Features: Level, Gentle Sloping
      Details
      • Parcel number: 111017CA450000
      • Zoning description: R-G Residential, General
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Cottage
      • Property subtype: Duplex
      Materials
      • Fiber Cement
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1938

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected, Phone Available, Separate Meters

      Community & HOA

      Community
      • Subdivision: Vincent's
      HOA
      • Has HOA: No
      Location
      • Region: Toledo

      Financial & listing details

      • Price per square foot: $146/sqft
      • Tax assessed value: $297,310
      • Annual tax amount: $1,722
      • Date on market: 10/3/2026
      • Listing terms: 1031 Exchange,Cash,Conventional,USDA Loan,VA Loan,Submit,Rehabilitation Loan
      • Tenant pays: All Utilities
      • Electric utility on property: Yes
      • Road surface type: Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,712/mo

        Price history

        DateEventPrice
        10/3/2026Price change$249,000-16.7%$146/sqft
        Source: OCMLS #26-2168 Report a problem
        9/25/2026Pending sale$299,000$176/sqft
        Source: RMLS (OR) #670541462 Report a problem
        8/6/2026Price change$299,000+1.4%$176/sqft
        Source: OCMLS #26-2168 Report a problem
        6/25/2026Price change$295,000-6.3%$174/sqft
        Source: OCMLS #26-818 Report a problem
        4/2/2026Listed for sale$315,000-1.6%$185/sqft
        Source: OCMLS #26-818 Report a problem
        6/25/2025Listed for sale$320,000+226.2%$188/sqft
        Source: OCMLS #25-1459 Report a problem
        10/21/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/7/2022Price change$1,875-6.3%$1/sqft
        Source: Zillow Rental Manager Report a problem
        9/24/2022Listed for rent$2,000$1/sqft
        Source: Zillow Rental Manager Report a problem
        6/8/2005Sold$98,110$58/sqft
        Source: OCMLS #04-3419 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,670 +5%$108,640 +3%
        2024$1,591 +0.8%$105,480 +3%
        2023$1,578 +3.1%$102,410 +3%
        2022$1,530 -0.5%$99,430 +3%
        2021$1,538 +5.3%$96,540 +3%
        2020$1,460 $93,730 +3%
        2019-- $91,000 +3%
        2018$1,420 $88,350 +3%
        2017$1,420 +11.4%$85,780 +3%
        2016$1,275 $83,290 +3%
        2015$1,275 +7.5%$80,870 +3%
        2014$1,186 $78,520 +3%
        2013$1,186 +4.3%$76,240 +3%
        2012$1,137 +2.6%$74,020 +3%
        2011$1,108 +2.8%$71,870
        2010$1,078 +3.4%$71,870 +6.1%
        2009$1,042 +2.8%$67,750
        2008$1,014 +3.2%$67,750 +6.1%
        2007$982 $63,870
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
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        Climate risks

        Neighborhood: 97391

        Getting around

        18 / 100
        Car-Dependent
        9 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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

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