600 4th St, Gervais, Oregon 97026

OR, Gervais
$3,500,000
  • 0.46 Acre
  • MultiFamily Property Type
  • 2025 Year Built
  • Active Status
Steven M
Steven M Realtyna
  • (302) 525 8222
  • (302) 525 8222
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
  • (302) 525 8222
Property Description

This Is More Than Just An Opportunity; This Is An Asset That’ll Keep Paying Out For Years To Come. Be An Investor With These Brand Spanking New 8 Apartments And 4-8 Retail/business Offices In Downtown Gervais. Luxury Apartments Are 1,000 Sqft 9′ Ceilings And Feature Beautiful Kitchens, Lvp Flooring, Granite Countertops, Stainless Steel Appliances, 2 Bedroom, 2 Baths With Air-conditioning, Washer/dryer Hookup, Balcony, And Storage. The Ground-level 4 Unit Retail/offices Can Be Split From 2,000 Sq-ft To 1,000 Or Even Smaller To Rent Out, Could Be A Hair Salon, Nails, Chiropractic Office, Or Accountant Office, Bring Your Dream And Your Ideas. The Parking Lot Is Also Big Enough To Rent Out To Culinary Food Trailers/trucks. There Is Also An Area On The South Side Of The Parking Lot That Is Approved For An 800sqft Commercial Building Thats Already Plumbed For Water And Sewer.this Is A “gold Mine” Of Opportunity. Minutes From I-5, Between Portland And Salem. Gervais Is Such A Great Community And Has Grown Substantially In The Last Few Years, Having Its Own Schools, Elementary Up Through High School. Seller Is Also Willing To Carry A Contract On This For 20 Years With A Sizable Down Payment. The Projected Yearly Gross Income Is Over 300k. The Estimated Time Of Completion Is July. Super Easy Access To I-5 In Woodburn, Which Is Smack-dab In The Middle Between Portland And Salem. Don’t Let This Phenomenal Opportunity Pass This Up.

Basic Details
  • Property Type: MultiFamily
  • Listing Type: For Sale
  • Listing ID: 594412183
  • Price: $3,500,000
  • Year Built: 2025
  • Lot Area: 0.46 Acre
  • Status: Active
  • Office Name: Premiere Property Group, LLC
  • Agent Name: Patrick Ledbetter
  • Roof: Composition
Features
  • Heating System Wall Heater
  • Cooling System Wall Unit
  • Basement None
  • Parking Assigned,Paved
  • Sewer Public Sewer
Address Map
  • Country US
  • State OR
  • County Marion
  • City Gervais
  • Zipcode 97026
  • Street: 4TH
  • Street Number: 600
  • Street Suffix: ST
  • Longitude: W123° 6' 10.8''
  • Latitude: N45° 6' 31.9''
  • Zoning: COM
  • Mls Area Major: _170
Neighborhood
  • Elementary School: Gervais
  • High School: Gervais
  • Middle School: Gervais
Additional Information
  • Stories: 3
  • Water Source: Public Water
  • Community Features: All Landscaping
  • Foundation Details: Slab
  • Number Of Units Total: 8
  • On Market Date: 2025-05-27
  • Rent Includes: Maintenance Grounds
Financial
  • Tax Annual Amount: 520.9
Listing Information
  • Status Change Timestamp: 2026-02-27T12:43:12Z
  • Co List Agent Full Name: Greg Whistler
  • Co List Agent Mls Id: WHISTLEG
  • Co List Office Mls Id: PPGR03
  • Co List Office Name: Premiere Property Group, LLC
  • List Agent Mls Id: LEDBETTE
  • List Office Mls Id: PPGR01
  • Listing Term: Call Listing Agent, Cash, Contract, Conventional, FHA, Owner Will Carry
  • Mls Status: Active
  • Modification Timestamp: 2026-02-27T20:43:12Z
  • Originating System Name: RMLS
11°C Gervais
Friday, 13 March Light Rain 10 / 11
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