5th St

Gervais, OR 97026

$330,000
Last Sold Price
24,829 / 0.57
Lot Size / Acres
Sold 9/25/25
Sold 9/25/25
a black and white photo of a street

Description

This property offers strong investment value due to its flexible zoning and strategic location. Currently zoned industrial for a planned storage complex, it may also be converted back to residential or, with city approval, to commercial for a 12-plex multi-family development. Complete engineering and design plans increase readiness for development. The seller holds all plans. The lot measures 225'x110' and is ready for use, with water, electricity, and an 8" city-approved sewer line already on-site....This property offers strong investment value due to its flexible zoning and strategic location. Currently zoned industrial for a planned storage complex, it may also be converted back to residential or, with city approval, to commercial for a 12-plex multi-family development. Complete engineering and design plans increase readiness for development. The seller holds all plans. The lot measures 225'x110' and is ready for use, with water, electricity, and an 8" city-approved sewer line already on-site. Potential high-value uses include rental shop spaces for autobody or mechanic work, or a crossfit gym.

Property Details for 5th Street

Zoning
Ind/Res
View
City
LISTING UPDATED: 09/26/2025 02:41 PM

Property Details for 5th Street

StatusSold
MLS #507579197
Days on Market76
Taxes$517 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Multi Family
Year Built-
Lot Size0.57 AC
CountyMarion County

Location

Listing Courtesy of Premiere Property Group, LLC

Sold By Premiere Property Group, LLC

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Building Information for 5th Street

Building Size-Lot Size0.57 AC

Payment Calculator

$1,651 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,608

Property Taxes

$43

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5th Street

Summary
Location and General Information
  • Country: US
  • Directions: Douglas to 5th, South on 5th
  • Road Surface: Paved
School Information
  • Elementary School: Gervais
  • High School: Gervais
  • Middle Or Junior School: Gervais
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $517.13
  • Parcel Number: 599382
  • Tax Legal Description: GERVAIS LOTS 1-4 BLK 55, LOCALLY ASSESSED PER DOR, NOT PART OF RR OPERATIONS
Property
Lot Information
  • Acres: 0.57
  • Lot Size Square Feet: 24829.0
  • Number Of Lots Total: 4
  • Land Description: Level
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Sub Type: Multi Family
  • Property Type: Land
Utilities
  • Utilities: Electricity Available, Public Sewer, Water Available
Interior and Exterior Features
Exterior Features
  • Existing Structures Description: None

Schools near 5th Street

This home is within Gervais School District 1.
Rating
School
Type
Grades
Distance
Brooks Elementary School
Public - K to 5
Gervais Middle School
Public - 6 to 8
Gervais High School
Public - 9 to 12
Samuel Brown Academy
Public - 6 to 12
Rating
School
Distance
Brooks Elementary School
PublicK to 5

Gervais Middle School
Public6 to 8

Gervais High School
Public9 to 12

Samuel Brown Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Premiere Property Group, LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 09/26/2025 02:41 PM