Rare opportunity to own a piece of history in the old townsite of Elk City, located at 11 Carter Street in Toledo. This unique offering includes 9 individual lots with 3 existing buildings, providing endless potential for redevelopment, investment, or restoration. Property is improved with 2 septic systems, 1 well, and 5 established RV pads, making it ideal for income-producing use or future expansion. The historic character of Elk City, combined with flexible land configuration, creates numerous possibilities, including fix-and-flip, vacation rentals, RV park expansion, live/work spaces, retreat concept, or long-term investment hold. Peaceful setting surrounded by natural beauty, yet accessible to Toledo and the Oregon coast. Bring your vision to this one-of-a-kind property with multiple structures, utilities in place, and exceptional upside potential. Buyer to perform due diligence regarding uses, zoning, and development options.
Active
$500,000
11 Carter St, Toledo, OR 97391
3beds
2,223sqft
Single Family Residence
Built in 1890
0.86 Acres Lot
$-- Zestimate®
$225/sqft
$-- HOA
What's special
Multiple structures
- 229 days
- 279
- 8
Zillow last checked:
Listing updated:
Listed by:
Michael T Burkhard 541-961-9544,
Martek Real Estate
Source: OCMLS,MLS#: 26-387
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- None
Cooling
- None
Appliances
- Included: None
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,223
- Total interior livable area: 2,223 sqft
- Finished area above ground: 2,223
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, On Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.86 Acres
- Features: Cleared, Corner Lot, Interior Lot
Details
- Parcel number: R468900
- Zoning description: C-1 Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Combination
- Roof: Composition
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Natural Gas Not Available, Water Available
Community & HOA
Community
- Subdivision: Elk City
HOA
- Has HOA: No
Location
- Region: Toledo
Financial & listing details
- Price per square foot: $225/sqft
- Tax assessed value: $167,270
- Annual tax amount: $4,873
- Date on market: 2/25/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$2,897/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2024 | Listed for sale | $500,000$225/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,301 +5.2% | $111,770 +3% |
| 2024 | $1,238 +3.3% | $108,520 +3% |
| 2023 | $1,198 +5.8% | $105,360 +3% |
| 2022 | $1,133 -2.3% | $102,300 +3% |
| 2021 | $1,160 +8.5% | $99,330 +3.3% |
| 2020 | $1,069 | $96,130 -0.3% |
| 2019 | -- | $96,440 +0.2% |
| 2018 | $1,103 | $96,210 +1.2% |
| 2017 | $1,103 +8.1% | $95,070 +3% |
| 2016 | $1,020 | $92,310 +3% |
| 2015 | $1,020 +13.7% | $89,630 +10.8% |
| 2011 | $897 +3% | $80,910 |
| 2010 | $872 +3.3% | $80,910 +6.1% |
| 2009 | $844 | $76,280 |
Find assessor info on the county website
Monthly payment
Est. payment





