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$5,100,000 Just Listed
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Property Description
Newly constructed 22-unit apartments in Carlton,Oregon! Fantastic investor opportunity to join thisgrowing market in Yamhill County! Units are all 2-bedroom / 2-bathroom with laundry hookups.29 off-street parking spacesBuilt in 202486.3% occupancy (three vacancies)NOI of approximately $310,000Cap rate 6.10%Members of the Selling entity are licensed Real Estate Brokerin the State of Oregon.
Full Property Details
Full Property Details for 354 S 8th St
General
- Price: $5,100,000
- Taxes: $29,360 (2025)
- Status: Active
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 837816
- Updated: 2/19/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Carpet, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 44
Bedrooms
- Total Bedrooms: 44
Location
- County: OUTSIDE 4 COUNTY AREA
- Complex: Park Apartments
Heating & Cooling
- Heating Type: Ductless/Mini-Split
- Heating Fuel: Ductless/Mini-Split
Utilities
- Sewer: City
- Water: City
Structural Information
- Roof: Composition
- Square Feet: 20,658
- Year Built: 2024
Unit Information
- Units in Building: 22
Unit 4
- Level: AmeriTitle
Lot Features
- Lot Size (Acres): 0.91
- Zoning: R2
Financial Considerations
- Price Per Sq. Ft.: $246.88
- Price Per Acre: $5,604,395.6
- Assessment Year: 2024
- Tax Amount: $29,360
- Tax Year: 2025
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Schools
Schools serving 354 S 8th St
School District:Yamhill-Carlton School District 1
| Name | Grades | Distance |
|---|---|---|
Yamhill Carlton Elementary School 420 South 3rd Street, Carlton, OR 97111 | K-3 | 0.3 mi |
Yamhill Carlton Intermediate School 310 East Main Street, Yamhill, OR 97148 | 4-8 | 3.7 mi |
Yamhill Carlton High School 275 North Maple Street, Yamhill, OR 97148 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 354 S 8th St
Date
Details
Price
Change
Source
2/19/2026
Listed
$5,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 354 S 8th St
354 S 8 St, Carlton, OR 97111 (MLS# 837816) is a Multi-Family property with 22 units containing 44 bedrooms and 0 full bathrooms. 354 S 8 St is currently listed for $5,100,000 and was received on February 19, 2026. Want to learn more about 354 S 8 St? Do you have questions about finding other Multi-Family real estate for sale in Carlton? You can browse all Carlton real estate or contact a Coldwell Banker agent to request more information.

