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$550,000

  • For Sale
  • Active
  • Duplex
  • 5 Beds
  • 1,974 Sq. Ft.

Listed By: CONRAD. VENTI | First Commercial Real Estate | (503) 559-2694 and JENNIFER. MARTIN | First Commercial Real Estate | (503) 851-9428 | Cell: 503-559-2694

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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.

Full Property Details for 3705 Cherry Ave NE

General

  • Price: $550,000
  • Status: Active
  • Type: Duplex
  • Source: WVMLS
  • MLS ID: 837090
  • Updated: 1/28/2026
  • Added to Site: 36 day(s) ago

Rooms

Bedrooms

  • Total Bedrooms: 5

Location

  • County: KEIZER

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Basement Desc.: Unfinished
  • Roof: Composition
  • Square Feet: 1,974
  • Year Built: 1949

Unit Information

  • Units in Building: 2

Unit 1

  • Square Feet: 1494
  • Total Bathrooms: 1.5
  • Bedrooms: 4

Unit 2

  • Square Feet: 480
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Square Feet: 4

Lot Features

  • Lot Size (Acres): 0.44
  • Frontage Feet: 480
  • Zoning: MU

Financial Considerations

  • Price Per Sq. Ft.: $278.62
  • Price Per Acre: $1,250,000
  • Assessment Year: 1949
  • Assessment Amount: $103

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NMLS#: 1598647

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Schools serving 3705 Cherry Ave NE

School District:Salem-Keizer School District 24j
NameGradesDistance
Weddle Elementary School
1825 Alder Drive Northeast, Keizer, OR 97303
K-50.7 mi
Claggett Creek Middle School
1810 Alder Drive Northeast, Keizer, OR 97303
6-80.7 mi
Mcnary High School
595 Chemawa Road North, Keizer, OR 97303
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3705 Cherry Ave NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/22/2026
Listed
$550,000
83.33%
MLS
6/30/2009
Sold
$300,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3705 Cherry Ave NE

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,726
5%
$157,350
3%
2023
$2,589
6%
$152,770
6%
2021
$2,435
-3%
$144,010
-3%
2022
$2,514
6%
$148,330
6%
2020
$2,372
7%
$139,820
3%
2019
$2,209
-2%
$135,750
3%
2018
$2,247
11%
$131,800
3%
2017
$2,021
4%
$127,970
3%
2016
$1,937
—
$124,250
3%
2015
$1,938
3%
$120,640
3%
2014
$1,878
3%
$117,130
3%
2013
$1,823
—
$113,720
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3705 Cherry Av NE, Keizer, OR 97303 (MLS# 837090) is a Duplex property with 5 bedrooms and 0 full bathrooms. 3705 Cherry Av NE is currently listed for $550,000 and was received on January 22, 2026. Want to learn more about 3705 Cherry Av NE? Do you have questions about finding other Duplex real estate for sale in Keizer? You can browse all Keizer real estate or contact a Coldwell Banker agent to request more information.

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