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Gervais, OR Multifamily Home for Sale

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    $3,500,000 New Construction

    • 2 Beds
    • 2 Baths

    600 4th St, Gervais, OR 97026

    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,

    Patrick Ledbetter Premiere Property Group, LLC

    600 4th St, Gervais, OR 97026

Why Live in Gervais

Gervais, Oregon, a small city of just over 2,500 residents, is situated in the agricultural flatlands of the French Prairie between Salem and Woodburn. Named after French-Canadian pioneer Joseph Gervais, this rural community features a mix of early 20th-century cottages, ranch-style homes, and Traditional homes from the 1990s and 2000s. Many older homes have been updated with modern amenities. The city is laid out on a traditional street grid with lot sizes ranging from 5,000 to 10,000 square feet, providing ample space for gardening and outdoor activities. Gervais Community Park offers a playground, grassy lawn, and picnic area, while nearby St. Louis Ponds is a popular spot for fishing. Local amenities include Gervais Food Market and Gervais Sports Bar on 4th Street, with additional shopping and dining options available in nearby Woodburn and Salem. The city hosts annual events like the Hazelnut Festival and German Holiday Market, and residents also enjoy the Wooden Shoe Tulip Festival in neighboring Woodburn. Gervais is conveniently located near Portland Road and Interstate 5, making it about 15 miles from downtown Salem and 33 miles from downtown Portland.

Home Trends in Gervais, OR

Housing Trends

Median Sale Price
$479,900
Median Single Family Sale Price
$479,900
Average Price Per Sq Ft
$290
Last 12 months Home Sales
35
Median List Price
$499,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
15%
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