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$3,500,000

  • For Sale
  • Active
  • Multi-Family
  • 16 Total Beds
  • Updated 8 hours ago

Listed By: PATRICK. LEDBETTER | Premiere Property Group, Llc Albany | (503) 969-9958 | Cell: 503-969-9958

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This is more than just an opportunity, this is an asset that'll keep paying out. 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, quartz countertops, stainless steel appliances, 2 bedroom 2 bath with air-conditionig, washer/dryer hook up, balcony and storage. The ground level retail/offices can be split from 4,000sqft to 2,000 or even smaller to rent out. Bring your dream.

Full Property Details for 600 4th St

General

  • Price: $3,500,000
  • Status: Active
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 829805
  • Updated: 1/2/2026
  • Added to Site: 226 day(s) ago

Interior

  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 16

Bedrooms

  • Total Bedrooms: 16

Location

  • County: MARION COUNTY
  • Driving Directions: Downtown Gervais right next to City Hall

School Information

  • Elementary School: Gervais
  • Middle School: Gervais
  • High School: Gervais

Heating & Cooling

  • Heating Type: Central AC, Wall Furnace
  • Heating Fuel: Central AC, Wall Furnace

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Roof: Composition
  • Square Feet: 12,000
  • Year Built: 2025

Unit Information

  • Units in Building: 16

Unit 4

  • Level: First American

Lot Features

  • Lot Size (Acres): 0.49
  • Zoning: CR

Financial Considerations

  • Price Per Sq. Ft.: $291.67
  • Price Per Acre: $7,142,857.14
  • Assessment Year: 2025

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 600 4th St

School District:Gervais School District 1
NameGradesDistance
Brooks Elementary School
150 Douglas Avenue Northeast, Gervais, OR 97026
K-50.2 mi
Gervais Middle School
300 Douglas Avenue Northeast, Gervais, OR 97026
6-80.4 mi
Gervais High School
300 E Douglas St, Gervais, OR 97026
9-120.4 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 600 4th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/04/2025
Listed
$3,500,000
4116.87%
MLS
1/31/2018
Sold
$83,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 600 4th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$521
13%
$24,770
3%
2023
$461
6%
$24,050
6%
2021
$436
-3%
$22,670
-3%
2022
$449
6%
$23,350
6%
2020
$424
6%
$22,010
3%
2019
$399
2%
$21,370
3%
2018
$392
3%
$20,750
3%
2017
$380
3%
$20,150
3%
2016
$370
2%
$19,570
3%
2015
$361
4%
$19,000
3%
2014
$348
3%
$18,450
3%
2013
$337
—
$17,920
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 600 4th St

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Price Reduced near 600 4th St

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600 4th St, Gervais, OR 97026 (MLS# 829805) is a Multi-Family property with 16 units containing 16 bedrooms and 0 full bathrooms. 600 4th St is currently listed for $3,500,000 and was received on June 04, 2025. Want to learn more about 600 4th St? Do you have questions about finding other Multi-Family real estate for sale in Gervais? You can browse all Gervais real estate or contact a Coldwell Banker agent to request more information.

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