177 NW 6th Street, Toledo, OR 97391
- Added:
- Mar 28, 2025
- Days on Market:
- 447
- Last Refresh:
- Jun 17 at 1:06 am
Property Features for 177 NW 6th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-G Residential, General
- Bedrooms
- 11
- Bathrooms
- 7
- Rooms
- Bedroom 7, Bedroom 10, Bedroom 11, Bathroom 2, Bathroom 6, Bedroom 1, Bathroom 4, Bedroom 9, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 7, Bathroom 5, Bedroom 2, Bedroom 8
- Parking
- 10
- Interior features
- Vaulted Ceiling(s)
- Appliances
- Electric Oven, Electric Range, Refrigerator, Water Heater
- Standard status
- Pending
- APN
- 111008CC-13000-00
- Size
- 4,899 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5911
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Baseboard, Wall Furnace
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 5
- Flooring type
- Vinyl, Carpet
- Building materials
- T1-11 Type
- Roof type
- Composition
- Architectural style
- Other
Listing agent Sandra D Matthews License #910500128 (503) 320-4610
Listing office Realty One Group At The Beach, Newport 316 NW Coast St., Salem, OR (503) 990-7137
Listing date Mar 28, 2025
Copyright © 2026 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.
HighLights
- 5‑plex with 11 bedrooms and 4,899 sq ft of living space
- All units updated with new vinyl flooring and carpet, updated bathrooms, and new interior doors
- Updates include some kitchen counters and appliances for all units
- Public water and public sewer connected; utilities available
- Year built 1950; T1‑11 exterior with composition roof
- Heating includes wall furnace, electric heating, and baseboard; includes vaulted ceilings
Overview
The building sits on a 0.33-acre lot and is zoned R-G Residential, General. The public remarks describe proximity to Downtown Toledo, parks, the library, the city pool, and the waterfront, with Newport located a few miles away in the surrounding area.
For buyers seeking an owner-occupied or investor-friendly rental structure, the combination of unit-level updates and a tenant-ready configuration may reduce near-term turnover work. With plenty of parking for each unit as noted in the remarks, the property is also positioned for practical day-to-day tenant convenience. The listing also states the home inspection report is available.
Local Financial Insights For Apartment 5plus
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 | $79.4k | $16.20 |
| − Vacancy | −$2.9k | −$0.60 |
| EGI | $76.4k | $15.60 |
| − OpEx | −$34.4k | −$7.02 |
| NOI | $42.0k | $8.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lincoln
- State
- Oregon
- Longitude
- -123.938478
- Latitude
- 44.624542
