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  • $387,900

    261 NE 1st St, Toledo, OR 97391

    4beds
    3baths
    2,425sqft
    Single Family Residence
    Built in 1920
    9,583.2 Square Feet Lot
    $398,400 Zestimate®
    $160/sqft
    $2,819 Estimated rent

    What's special

    Commercial/residential opportunity!!! Historical Craftsman in process of remodel-1920 house in town but nestled among mature landscaping. Zoned Commercial. Many possibilities!! Run your business, or short term rental (which is allowed in Toledo-but do your due diligence) or set up your residence. Roomy sq footage, open floor plan. Many updates: electrical, plumbing, flooring and appliances, tub, some fixtures! Walk to restaurants on main street. House near super market, library, and pool. Price was lowered by 100K. Being sold as is. Possibility of basement conversion to rental unit. According to ARV that was completed by a lender finished value of home is approx $485K

    Zillow last checked: 7 hours ago

    Listing updated: July 23, 2025 at 07:13am

    Listed by:

    Theresa Neimann 503-812-0191,

    Emerald Coast Realty - Toledo

    Bought with:

    Theresa Neimann, 201237599

    Emerald Coast Realty - Toledo

    Source: OCMLS,MLS#: 23-1554MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Appliances
    • Included: Water Heater
    Features
    • Flooring: Vinyl, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 2,425
    • Total interior livable area: 2,425 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Patio & porch: None
    • Has view: Yes
    • View description: None
    • Frontage type: None
    Lot
    • Size: 9,583 sqft
    • Features: Irregular Lot
    Details
    • Additional structures: None
    • Parcel number: 111017BB1220000
    • Zoning description: C - Commercial

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Year built: 1920

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Location
    • Region: Toledo
    • Subdivision: Toledo 4th Addition

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Road surface type: Paved
    Services availability
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