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Toledo, OR Multifamily Home for Sale

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    $820,000

    • 11 Beds
    • 7 Baths
    • 4,899 Sq Ft

    177 NW 6th St Unit 5 Units, Toledo, OR 97391

    5-Plex with a perfect opportunity for high income rental potential. With no tenants and easy to show with a total of 12 bedrooms and 4,899 Sq Ft. All units have been updated with new vinyl floors, carpet, some kitchen counters, appliances, all new doors inside, and all bathrooms updated. Each unit has plenty of parking. A truly unique property and close to Downtown Toledo, Parks, Library, City

    Sandra Matthews Realty One Group At The Beach, Newport

    177 NW 6th St Unit 5 Units, Toledo, OR 97391

Why Live in Toledo

Toledo is located at a bend of the Yaquina River, which flows into Yaquina Bay, roughly 7 miles east of the coastal town of Newport. "We can do clamming, crabbing and fishing in the bay and don’t have to go out in the ocean,” says DeeAnn Ramon, the administrative specialist for the Port of Toledo. Ramon retired here for the riverside lifestyle but says much of the community traces its origins back to Toledo’s lumber days, and many still have a stake in its fishing industry. Toledo’s economy now integrates boat repair businesses and the shipyard at Port of Toledo, which also functions as a marina and park in town. Toledo also has a vibrant arts community and a strollable downtown area with specialty shops, restaurants, art galleries and art studios. Homes in Toledo are mostly on the older side but there are some 2020 builds. Architecturally, homebuyers can find everything from simple cottages to ranch styles to custom builds and log cabins. Pricing begins from $150,000 to $300,000 for everything from fixer-uppers to small move-in-ready homes. As quality, size and architectural uniqueness increase, the range rises from $315,000 to $520,000. Custom builds surrounded by private wooded

Home Trends in Toledo, OR

Housing Trends

Median Sale Price
$390,000
Median Single Family Sale Price
$394,950
Average Price Per Sq Ft
$250
Number of Homes for Sale
16
Last 12 months Home Sales
65
Months of Supply
3.00
Median List Price
$415,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
1%
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