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29353482
29353490

3705 Cherry Ave NE, Keizer, OR 97303 For Sale

CV
OR 201252758
First Commercial Real Estate Services
JM
OR 200303194
First Commercial Real Estate Services
Listed by First Commercial Real Estate Services
$550,000
177 days on market
Updated 23 days ago

Duplex and Infill Development Site

Details
APN 525723
Property Type Land, Multifamily
Sub Type Residential
Units 2
Occupancy 25%
Tenancy Multi
Year Built 1949
Buildings 1
Stories 2
Acreage 0.440
Zoning Mixed Use

Land | 0.44 acres

Marketing 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.


Investment highlights

  • Size: 1,922 SF + 884 SF unfinished basement

  • Oversized lot for infill development

  • One unit vacant providing flexibility for new owner’s plans

  • Great location near shopping and services at south end of Keizer

  • No seller financing

Listing Contacts

CV
OR 201252758
First Commercial Real Estate Services
JM
OR 200303194
First Commercial Real Estate Services
Listed by First Commercial Real Estate Services

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Additional Information

Name
Conrad Venti
License
201252758
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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