About This Home
This 3-bedroom, 2-bathroom multi-family at 646 SE 8th Street in Toledo, OR is listed for $299,000 ($176 per sqft). Built in 1938, the home offers 1,700 sqft of living space on a 0.11 acres lot.
Key Features
- Built in 1938
- 0.11 acre lot
- 2 stories
- 3 parking spaces
Property Details
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.
Monthly Cost Estimate
$1,599/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
646 SE 8th Street
Toledo, OR 97391
Vincent's
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Outdoor Features
Parking
Heating
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom multi-family at 646 SE 8th Street is listed at $299,000 ($176/sqft). The estimated monthly payment is $1,599 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1938, 0.11 acre lot, 2 stories, 3 parking spaces. Exterior Features: Garden.
This property is listed by Samantha McClain and can be reached at 5033183020.