Off market

Zestimate^®

$433,600

3425 Cherry Ave NE, Keizer, OR 97303

4beds

2baths

1,800sqft

MultiFamily

Built in 1928

-- sqft lot

$433,600 Zestimate^®

$241/sqft

$1,725 Estimated rent

Home value

$433,600

$408,000 - $460,000

$1,725/mo

Zestimate^® history

Owner options

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$1,725/mo

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$1,725/mo

Rent Zestimate^®

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$2,625/mo

Est. payment

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$2,625/mo

Est. payment

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What's special

Investment Opportunity! Or Live in one and rent the other! Two Houses on one tax lot. Multi family / Duplex. FRONT HOUSE was fully updated end of 2019, 1112 sq ft 2 bed 1 bath with bonus room and loft. BACK HOUSE 2 bed 1 bath fully updated Jan 2020, 688 sq ft. with nice sized Storage Shed. Both units with fenced yards, large lot with lots of parking! May have potential to add a 3rd unit, Buyer to do Due-Diligence. Motivated Seller!

This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Forced air, Electric

Appliances

Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer

Features

Has fireplace: Yes

Interior area

Total interior livable area: 1,800 sqft

Property

Lot

Size: 0.27 Acres
Features: Level

Details

Parcel number: 525837
Zoning: RESI

Construction

Type & style

Home type: MultiFamily

Materials

Roof: Composition

Condition

Year built: 1928

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected

Community & neighborhood

Location

Region: Keizer

HOA & financial

Other financial information

Total actual rent: 2435

Other

Other facts

Sewer: Public Sewer
WaterSource: Public
Heating: Forced Air
RoadSurfaceType: Gravel
Appliances: Dishwasher, Refrigerator, Washer/Dryer, Range
HeatingYN: true
NumberOfUnitsTotal: 2
Utilities: Electricity Connected
Zoning: RESI
Roof: Composition
LotFeatures: Level
FarmLandAreaUnits: Square Feet
RentIncludes: Water, Sewer
CapRate: 6.60
GrossIncome: 29220
TotalActualRent: 2435
MlsStatus: Pending
OperatingExpense: 4158
GrossScheduledIncome: 30400
NetOperatingIncome: 25062
TaxAnnualAmount: 1583.30
Road surface type: Gravel

Price history

Date	Event	Price
12/11/2023	Listing removed	--
Source: RMLS (OR) Report a problem
1/21/2021	Sold	$360,000-5.2%$200/sqft
Source: RMLS (OR) #20518447 Report a problem
1/12/2021	Pending sale	$379,900$211/sqft
Source: RMLS (OR) #20518447 Report a problem
12/23/2020	Price change	$379,9000%$211/sqft
Source: Savvy Lane #20518447 Report a problem
12/17/2020	Price change	$380,000-5%$211/sqft
Source: Savvy Lane #20518447 Report a problem
12/14/2020	Pending sale	$399,900$222/sqft
Source: Savvy Lane #20518447 Report a problem
12/2/2020	Listed for sale	$399,900+117.3%$222/sqft
Source: Savvy Lane #20518447 Report a problem
11/8/2019	Listing removed	$1,275$1/sqft
Source: Owner Report a problem
11/2/2019	Listed for rent	$1,275$1/sqft
Source: Owner Report a problem
7/17/2019	Sold	$184,000+137.4%$102/sqft
Source: Public Record Report a problem
3/29/2002	Sold	$77,500$43/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,008 +3%	$118,710 +3%
2024	$1,950 +5%	$115,260 +6.1%
2023	$1,856 +3%	$108,660
2022	$1,802 +3.3%	$108,660 +3%
2021	$1,745 +2.7%	$105,500 +6.1%
2020	$1,699 +4.1%	$99,450
2019	$1,632 +1.4%	--
2018	$1,610	--
2017	$1,610 +16.4%	--
2016	$1,383	--
2015	$1,383 +3.1%	--
2014	$1,342 +5.6%	--
2013	$1,270	--
2012	$1,270 +4.7%	--
2011	$1,214 +4.4%	$78,540 +6.1%
2010	$1,162 +0.9%	$74,040
2009	$1,153 +6.2%	$74,040 +3%
2008	$1,085 +1.5%	$71,890
2007	$1,069 +1.5%	--
2006	$1,053 +1.7%	--
2005	$1,036 -0.2%	--
2004	$1,038 +5.7%	--
2003	$982 +5.4%	--
2002	$931 +2.3%	--
2001	$911 +4.1%	--
2000	$875	--