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3705 Cherry Av Ne, Keizer, OR 97303

$550,000
  • 3705 Cherry Av Ne, Keizer, OR 97303 Main Photo

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Listing Courtesy of: FIRST COMMERCIAL REAL ESTATE
Agency Contact: Cell: 503-559-2694
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BEDS5 BATHS2.5 SQUARE FEET1,974 MLS#837090
STATUS PROPERTY TYPEMulti Unit - Multiple

Property Description

This .44-acre duplex site in Keizer, Oregon presents a strong infill development opportunity with income in place. The property is zoned Mixed-Use, allowing for a wide range of permitted and special uses, including middle housing and cottage cluster development, subject to city approval. The larger lot size and flexible zoning support increased density and long-term redevelopment potential. The existing duplex provides interim cash flow while future plans are evaluated. The unit mix includes a 1,442 SF, 4-bedroom / 1.5-bath unit and a 480 SF studio unit, making the site well suited for investors or developers seeking near-term income with clear upside through redevelopment.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Lot Size: 0.44 Acres
Roof Type: Composition
Year Built: 1949

Units

Unit 1:
Bathroom(s): 1.5
Bedrooms: 4
Unit 2:
Bathroom(s): 1
Bedrooms: 1

Feature Descriptions

Days on Site: 124
Frontage: 103 Feet
Lot Dimensions: 0.44 Acre(s)
Price Per Square Foot: 278.62
Property Use: Investment, Vacant/Owner-User
Sewer: City
Units: 2
Water: City

Listed By / Shown By

Listed By

Agency Name: FIRST COMMERCIAL REAL ESTATE
Agency Contact: Cell: 503-559-2694

Shown By

Agency Title: Coldwell Banker Valley Brokers
Albany: 541.928.6317
Corvallis: 541.757.0222

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Estimate Your Payment

Estimated Payment

$ 1,384.48 per month $1,224.06 Principal & Interest $0.00 Property Tax (data not provided by mls) $160.42 Homeowner's Insurance

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