Amy Richardson

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Listing provided courtesy of FIRST COMMERCIAL REAL ESTATE- MLS# 837090MLS ProviderContact Information: Cell: 503-559-2694

3705 Cherry Av NEKeizer, OR 97303

Multi-Family · 5 Beds · 1,974 Sq. ft. | 0.44 Acres
$550,000 ACTIVE

3705 Cherry Av NE Overview

Time on Site:
152 days
Visits:
2

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.

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3705 Cherry Av NE Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,974
  • Price/Sq.ft. $279
  • Lot 0.44 Acres

Details

General

Building Information

  • Year Built: 1949

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: 10 KEIZER

General Information

  • Property Sub Type: Duplex
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bedrooms Total: 5

General Information

  • Basement: Unfinished
  • Living Area: 1974

Exterior

Lot Information

  • Lot Size Acres: 0.44
  • Lot Size Square Feet: 19166
  • Water Source: City

General Information

  • Sewer: City

3705 Cherry Av NE Neighborhood

Community

97303 (Keizer) Demographics

37
Median Age
1,625
Population Density (per sq. mile)
36%
College Educated
$64,369
Estimated Median Income
8,971
Estimated Total Home Owners
6,243
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3705 Cherry Av NE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3705 Cherry Av NE Market Data

Based on the last 30 days in this zip code

$529,705
Average List Price
$266
Average Price per Square Foot
25
Properties Sold
79
Average Days on Market
206
Properties for Sale
Calculations provided by Reliance Network

3705 Cherry Av NE History

Date Event Value Agent
1/29/2026Source: Willamette Valley MLS Added to Database
January 29, 2026