About 646 Se 8th Street
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.
Features of 646 Se 8th Street
| MLS® # | 26-2168 |
|---|---|
| Price | $299,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2 |
| Acres | 0.11 |
| Year Built | 1938 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Style | Cottage |
| Status | Active |
Community Information
| Address | 646 Se 8th Street |
|---|---|
| Subdivision | Vincent's |
| City | Toledo |
| County | Lincoln |
| State | OR |
| Zip Code | 97391 |
Amenities
| Utilities | Cable Available, Electricity Connected, Sewer Connected, Water Connected, Phone Available, Separate Meters |
|---|---|
| Parking | Driveway, Off Street, On Street, Tandem |
| Is Waterfront | No |
Interior
| Heating | Baseboard, Electric |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Level, Gentle Sloping |
|---|---|
| Roof | Composition |
| Construction | Fiber Cement |
| Foundation | Concrete Perimeter |
Additional Information
| Date Listed | August 5th, 2026 |
|---|---|
| Zoning | R-G Residential, General |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Samantha Mcclain |
|---|---|
| Office | Realty One Group At The Beach, Newport |