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    635 SE Elder St Toledo, OR 97391

    For Sale
    $369,400

    MULTI_FAMILY - Other - Toledo, OR

    Property size:
    1,966 SF
    Lot size:
    0.18 Acres
    Days on Market:
    41
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 635 SE Elder St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    GR - General Residential
    Rooms
    Bedroom 5, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2
    Bedrooms
    6
    Bathrooms
    3
    APN
    111017BD-12200-00
    Parking
    2
    Patio and Porch features
    Deck
    Interior features
    Flat
    Size
    1,966 SF
    Lot size
    0.18 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1946
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Carpet
    Building materials
    Vinyl Siding, Cedar, LP
    Roof type
    Composition
    Architectural style
    Other

    Emerald Coast Realty (541) 283-3589 [email protected]

    Listing agent Theresa Neimann

    Listing date Oct 27, 2025

    MLS# 25-2347 Listing URL

    Copyright © 2025 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Toledo Triplex: Income Potential

    This multifamily property in Toledo, Oregon, features three units totaling approximately 1966 square feet on a 0.18-acre lot. Each unit contains two bedrooms and one bathroom and is equipped with a dishwasher. Units 633 and 631 include a washer, dryer, and refrigerator. All units have washer and dryer hookups. The property is zoned GR - General Residential, offering income potential. Unit 631 is currently vacant. The property is suitable for residential income purposes, with the option to live in one unit and rent out the others.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lincoln
    State
    Oregon
    Longitude
    -123.931308
    Latitude
    44.616851

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    FAQs

    What type of property is this?
    Triplex - Three units totaling almost 2000 sq ft, great income potential.
    Where is this triplex located?
    The property is located at 635 SE Elder St Toledo, OR.
    What is the asking price?
    The asking price for this property is $369,400.
    What are key features of this property?
    This property features: - Great income potential with three units totaling almost 2000 sq ft.; - Opportunity to live in one unit and rent out the other two.; - Each unit has two bedrooms and one bathroom.
    (541) 283-3589
    Request Owner's contact information
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    Toledo, OR 97391
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    635 SE Elder St Toledo, OR 97391
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