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24-Unit Apartment Property
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635 S 5th St, Lebanon, OR 97355

Single-story apartment buildings offer onsite laundry, off-street parking, and recent property upgrades.

Property SizeContact for details
Days on Market144

Property Features for 635 S 5th St

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 24 x 1BR/1BA
Multifamily Units 24

Amenities

on-site laundry

Building Details

Year Built 1979
Buildings 6
Stories 1
Listing Agency: SMI Real Estate
Listed By: Eric Swanson · License #201221479
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SMI Real Estate

Investment Insights

Based on property information with market context.

This apartment property includes 24 one-bedroom, one-bath units arranged across six single-story buildings. Constructed in 1979, the property includes onsite laundry and off-street parking for residents.

Recent improvements include new windows, doors, paint, and work on some roofs. The property is located at 635 S 5th St in Lebanon, Oregon, within the center of the community.

Key Highlights

  • 24 one‑bedroom, one‑bath apartment units
  • Six single‑story buildings constructed in 1979
  • Onsite laundry facility

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Electrical Service HVAC Service Barber Shop Catering Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units

Location Intelligence

Trade Area within ½ mile

765
Businesses Nearby

Demographics for 97355, OR

32,413
Population
13,623
Households
2.4
Avg Household Size
41
Median Age
18%
College-Educated
91%
High-School Grad
214.3 sq mi
ZIP Area
151
Density / Sq Mi
$64,307
Median Household Income
$39,934
Median Earnings
$1,267
Median Rent
$332,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Single-story apartment buildings offer onsite laundry, off-street parking, and recent property upgrades.
Where is this apartment building located?
The property is located at 635 S 5th St Lebanon, OR.
What are key features of this property?
This property features: 24 one‑bedroom, one‑bath apartment units; Six single‑story buildings constructed in 1979; Onsite laundry facility
(541) 990-3795 Call to check price and availability
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