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New Construction 6-Unit Apartment Building
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158 E Monroe St, Carlton, OR 97111

Six townhome units on separate tax lots near downtown Carlton, with long-term rental use identified.

Property SizeContact for details
Days on Market144

Property Features for 158 E Monroe St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 6
Listing Agency: WCP Group brokered by EXP Realty
Listed By: Ben Nelson · License #OR200212150
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WCP Group brokered by EXP Realty

Investment Insights

Based on property information with market context.

This newly built apartment property comprises 6 townhome units, each situated on a separate tax lot. The configuration is identified for long-term rental use, while nightly rental or extended-stay operations would require city approval.

The property is located at 158 E Monroe St in Carlton, Oregon, within a short distance of downtown. Nearby downtown amenities identified for the area include wine tasting, shopping, and local festivals.

Key Highlights

  • 6 newly constructed townhome units
  • Units are located on separate tax lots
  • Long‑term rental use identified

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage HVAC Service Auto Parts Store Storage Facility Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby

Demographics for 97111, OR

3,435
Population
1,609
Households
2.1
Avg Household Size
41
Median Age
23%
College-Educated
91%
High-School Grad
38.0 sq mi
ZIP Area
90
Density / Sq Mi
$95,121
Median Household Income
$55,890
Median Earnings
$1,744
Median Rent
$472,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six townhome units on separate tax lots near downtown Carlton, with long-term rental use identified.
Where is this apartment building located?
The property is located at 158 E Monroe St Carlton, OR.
What are key features of this property?
This property features: 6 newly constructed townhome units; Units are located on separate tax lots; Long‑term rental use identified
More about this property
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