1268 N Nye Street Toledo, OR 97391
1268 N Nye Street, Toledo, OR, 97391
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For Sale
Contact for pricing
Triplexes
Property Size3,618 SF
Price / SF$179.66
Days on Market118
Property Features for 1268 N Nye Street
General Information
- Standard status
- Active
- Size
- 3,618 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1938
Listing agency
Coldwell Banker Professional Group - Newport
Listed by
April Munoz-Valladolid · License #201245149
Source
Crexi
Added: Mar 27 Updated: Jul 21 at 12:45PM Checked: Jul 22 at 12:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Professional Group - Newport
Investment Insights
Based on property information with market context.
Key Highlights
- 1938 converted church home with an additional ADU and a hidden former baptismal pool repurposed into storage in the primary suite
- Bonus room of about 500 SF with its own porch plus decorative arches, glass block accents, bay windows, and French doors to the deck
- Kitchen features granite counters, gas cooking, soft‑close cabinetry, and a walk‑through pantry
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.9k | $13.80 |
| − Vacancy | −$1.8k | −$0.49 |
| EGI | $48.2k | $13.31 |
| − OpEx | −$14.5k | −$3.99 |
| NOI | $33.7k | $9.32 |
3,618 SF · lease $13.80/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$481.7K
$421.5K – $562.0K
NOI $33,720 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$443.5K
$388.1K – $517.4K
NOI $31,044 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$943.7K
$825.7K – $1.10M
NOI $66,058 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
Where is this triplex located?
The property is located at 1268 N Nye Street Toledo, OR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1938 converted church home with an additional ADU and a hidden former baptismal pool repurposed into storage in the primary suite; Bonus room of about 500 SF with its own porch plus decorative arches, glass block accents, bay windows, and French doors to the deck; Kitchen features granite counters, gas cooking, soft‑close cabinetry, and a walk‑through pantry
