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Listed by CONRAD VENTI • FIRST COMMERCIAL REAL ESTATE • Cell: 503-559-2694
$ 550,000
Est. payment /mo
Active
3705 Cherry Av NE NE Keizer, OR 97303
5 Beds
2.5 Baths
1,974 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,974 sqft
Price per Sqft $278
MLS Listing ID 837090
Bedrooms 5
Year Built 1949
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Duplex
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.
Location
State OR
County Marion
Area 10 Keizer
Rooms
Basement Unfinished
Exterior
Roof Type Composition
Building
Sewer City
Water City
New Construction No
Nearby Locations
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3240 Commercial Street SE, Suite 100, Salem, Oregon, 97302, USA