$550,000

3705 Cherry Av NE, Keizer, OR 97303

5 beds |
3 baths |
1,974 sqft

Duplex
Built in 1949
0.44acre lot
—— car garage
$279/sqft
Listed 2 months ago

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.

Listing Status:: Active
Data Last Updated:: April 5, 2026 at 7:45AM
Listing Office:: FIRST COMMERCIAL REAL ESTATE : 503-364-7400
Listing Agent:: CONRAD VENTI :
MLS ID:: 837090

Basement: Unfinished

Parking: driveway parking

Roofing: Composition

Originating MLS: Black Knight 2 - Willamette Valley Multiple Listing Service
County: Marion

Current Use: InvestmentVacant/Owner-User

Water: Public
Sewer: Public Sewer

Source: Black Knight 2 - Willamette Valley Multiple Listing Service

This listing courtesy of CONRAD VENTI , FIRST COMMERCIAL REAL ESTATE

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Weddle Elementary School

1825 Alder Dr NE, Keizer, OR, 97303

Grades KG-5

0.68 miles away

Claggett Creek Middle School

1810 Alder Dr NE, Keizer, OR, 97303

Grades 6-8

0.68 miles away

McNary High School

595 Chemawa Rd N, Keizer, OR, 97303

Grades 9-12

1.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.