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$299,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 646 SE 8th St

General

  • Price: $299,000
  • Taxes: $1,721
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 670541462
  • Updated: 8/6/2026
  • Added to Site: 17 day(s) ago

Rental Information

  • Rent Includes: Sewer, Water

Parking

  • Parking Features: Driveway, On Street

Location

  • County: Lincoln
  • Driving Directions: OR-2, East on NW st, follow to SE Butler Bridge Rd, Left in Fir St to left on 8th.end of street on R

School Information

  • Elementary School: Yaquina View
  • Middle School: Toledo
  • High School: Toledo

Community

  • Community Name: 200 - Lincoln County

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: None
  • Roof: Composition
  • Stories/Levels: 2
  • Year Built: 1938
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,791
  • Lot Size: 3, 000 to 4, 999 SqFt
  • Frontage: Gravel
  • Lot Features: Gentle Sloping

Financial Considerations

  • Operating Expenses: $2,000
  • Tax Amount: $1,721.8
  • Terms: Cash, Conventional, VA Loan

Disclosures and Reports

  • Legal Description: PROPERTY ID R141700 VINCENTS FIRST ADDN-TOLEDO, BLOCK 6, LOT 10,
  • Disclosures/Reports: Disclosure
  • Property ID: R141700

Listed by Realty One Group At The Beach (971) 600-3663, Gina Bebek (503) 753-9071

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Listing agent

— 646 SE 8th St —

  • Gina Bebek

    Realty One Group At The Beach

    971-600-3663

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 646 SE 8th St

School District:Lincoln County School District
NameGradesDistance
Toledo Elementary School, Toledo, OR
600 Southeast Sturdevant Road, Toledo, OR 97391
K-60.7 mi
Toledo Junior/Senior High School
1800 Northeast Sturdevant Road, Toledo, OR 97391
7-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 646 SE 8th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/05/2026
Listed
$299,000
204.76%
MLS
6/06/2005
Sold
$98,110
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 646 SE 8th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,722
5%
$108,640
3%
2024
$1,640
1%
$105,480
3%
2023
$1,626
6%
$102,410
6%
2021
$1,538
-2%
$96,540
-3%
2022
$1,577
3%
$99,430
6%
2021
$1,538
6%
$93,730
3%
2019
$1,449
2%
$91,000
3%
2018
$1,420
3%
$88,350
3%
2017
$1,377
8%
$85,780
3%
2016
$1,275
2%
$83,290
3%
2015
$1,245
5%
$80,870
3%
2014
$1,186
1%
$78,520
3%
2013
$1,169
—
$76,240
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 646 SE 8th St

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Listed by Realty One Group At The Beach (971) 600-3663, Gina Bebek (503) 753-9071

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646 SE 8th St, Toledo, OR 97391 (MLS# 670541462) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 646 SE 8th St is currently listed for $299,000 and was received on August 05, 2026. Want to learn more about 646 SE 8th St? Do you have questions about finding other Multi-Family real estate for sale in Toledo? You can browse all Toledo real estate or contact a Coldwell Banker agent to request more information.

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