4955-4959 Elizabeth St N - Apartments FOR SALE


Keizer, OR 97303
$2,800,000 USD
949-606-3734
4955-4959 Elizabeth St N, Keizer, OR for Sale
$2,800,000 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

4955-4959 Elizabeth St N
Keizer, OR 97303


OVERVIEW

Built in 2004, the property offers a product type that rarely becomes available for purchase. Each residence features a two-story townhome layout with 1,375 square feet of living space. Units include a private entrance, attached single-car garage, washer and dryer hookups, and copper plumbing. The unit mix includes eight 3-bedroom and four 2-bedroom floor plans, all with 2.5 bathrooms. Elizabeth Townhomes was designed for long-term residency. Residents park in their own garage, enter through their own front door, and occupy living space that accommodates real households. The result is a living experience that feels closer to homeownership than traditional apartment living, supporting stronger resident retention and a more durable income stream than conventional multifamily product competing at similar rent levels. Ownership recently completed a full exterior repaint, parking lot seal coat, and fresh striping in June 2026, significantly enhancing the property's curb appeal. Elizabeth Townhomes is a clean, well maintained community at the time of marketing, allowing investors to step into a stabilized asset with pride of ownership evident throughout the property.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$148 USD /SF

# OF UNITS

12

PRICE/UNIT

$233,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2004

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

RM

APN/PARCEL ID

564912

ASK ABOUT THIS PROPERTY

Matthew MillerSMI Real EstateMore Info
949-606-3734

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Matthew MillerSMI Real EstateMore Info
949-606-3734

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.