- ADDRESS:
- 646 SE 8TH ST Toledo, OR 97391
- Videos:
- Virtual Tour Print this Listing
- Price:
- $299,000
- Units:
- 3
- Acres:
- 0.11
- Unit 1:
- 2 Bed 1.0 Bath $1,500/mo
- Unit 2:
- 1 Bed 1.0 Bath $1,200/mo
- Unit 3:
- 1 Bed 1.0 Bath $1,200/mo
- MLS#:
- 670541462
- Lot Size:
- 3,000 to 4,999 SqFt
- Type:
- Multi
- Zone:
- R-G
- Yr Built:
- 1938
- Taxe/yr:
- $1,721.80
- County:
- Lincoln
- Status:
- Active
- Levels:
- 2
- Heat:
- Baseboard
- Elem:
- Yaquina View
- Middle:
- Toledo
- High:
- Toledo
- Lot Desc:
- Gentle Sloping
- Area:
- Lincoln County
- Courtesy of:
- Realty One Group At The Beach
- Remarks:
- 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.