$799,000

229 E Monroe St Carlton, OR 97111

Estimated payment $5,048/month

Total Views 235
6 Beds
4 Baths
11,153 Sq Ft
$72 Price per Sq Ft

Highlights

  • Territorial View
  • Level Lot
  • Heating System Mounted To A Wall or Window
  • Controlled Entrance

About This Home

Stunning opportunity rich in history near down town Carlton- walkable to wine tasting, great food & charming shops. Currently covered by a mid century apartment conversion, Originally built in 1907 as the Carltons school house- Amazing features all tucked away include brick construction, wood floors, soaring ceilings, and large arched window frames. This Multi-unit building and large near 3/4 acre lot offer options for remodel or redevelopment- Think boutique hotel, loft apartments, event venue- options abound! OR vacate non used alleyway and develop land to homes. Some renovation bids collected, Two different hotel plan pricing sets available with acceptable offer. Building consists of 15570 Gross SF Basement @ 5330SF 1st level @ 5078SF 2nd level @ 5162SF.

Listing Agent

Krissy Lookabill

Bella Casa Real Estate Group Brokerage Phone: 503-515-6152 License #980800006 Listed on: 09/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,941

Year Built

  • Built in 1907

Lot Details

  • 0.72 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 11,153 Sq Ft Home
  • 3-Story Property
  • Territorial Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire Escape

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 20 Parking Spaces
  • Open Parking
  • Controlled Entrance

Schools

  • Yamhill-Carlton Elementary And Middle School
  • Yamhill-Carlton High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 96372

Community Details

Overview

  • 15 Units
  • Property managed by BCPM

Building Details

  • Operating Expense $78,954
  • Gross Income $66,909

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,941

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1907
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, FullBasement
  • Total Bedrooms: 6
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: Brick,HardConcreteStucco
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No
  • Total Parking Spaces: 20.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Entry, FireEscape
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: BCPM

Schools

  • Elementary School: Yamhill-Carlton
  • High School: Yamhill-Carlton
  • Middle Or Junior School: Yamhill-Carlton

Lot Info

  • Zoning: R-3
  • Lot Size Acres: 0.72
  • Lot Size Sq Ft: 31363.0
  • Parcel #: 96372

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 9940.53

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 15
  • Gross Rent Multiplier: 11.94
  • Annual Gross Income: 66909.0
  • Annual Operating Expense: 78954.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 For Sale $799,000 -- $72 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 383982604

Regional Multiple Listing Service (RMLS)