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
- 128 days |
- 338 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Michael T Burkhard 541-961-9544,
Martek Real Estate
Source: OCMLS,MLS#: 26-387
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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: $144,520
- 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
$3,381/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 |
|---|---|---|
| 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 | $76,280 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 97391
Nearby schools
GreatSchools rating
- 5/10Toledo Elementary SchoolGrades: K-6Distance: 2.1 mi
- 3/10Toledo Jr. HighGrades: 7-8Distance: 2.1 mi
- 1/10Toledo Junior/Senior High SchoolGrades: 9-12Distance: 2.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Lincoln County
- Toledo
- 97391
- 11 Carter St






