New Construction
4025 Filbert Av NE Keizer, OR 97303
4025 Filbert Av NE, Keizer, OR, 97303
$749,900
For Sale
Under Contract
$749,900
MULTI_FAMILY - Keizer, OR
Property Size2,874 SF
Lot Size0.18 Acres
Price / SF$260.93
Days on Market154
Property Features for 4025 Filbert Av NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bedroom 2, Bathroom 5, Bedroom 5, Bathroom 4, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 6, Bathroom 2, Bedroom 1, Bedroom 6
- Patio and Porch features
- Patio
- Standard status
- Active Under Contract
- APN
- 576901
- Size
- 2,874 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1013
Utilities
- Heating system
- Ductless (Heating), Electric (Heating)
Building Details
- Year built
- 2025
- Number of units
- 2
- Flooring type
- Carpet, Vinyl
- Roof type
- Composition
Listing Agency
HOMESMART REALTY GROUP
(971) 599-5865
3240 COMMERCIAL ST SE, Salem, OR
Listed by
RYAN BLOEDEL
(503) 931-9588
Added: Feb 13 Checked: Jul 17 at 4:06 pm
MLS# 837664
Listing URL
Copyright © 2026 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Recently completed duplex offering two separate residential units, each with 3 bedrooms and 2.5 bathrooms and approximately 1,437 square feet. The layout includes a single-car garage for each unit, along with A/C, refrigerator (refer), and washer/dryer included. Exterior features include a fully fenced, landscaped yard with underground sprinkling.
Located at 4025 Filbert Av NE in Keizer, Oregon, the property sits on a 0.18-acre lot. The listing notes the duplex is close to schools, shopping, and transportation.
This configuration can work for a household looking to owner-occupy one unit while renting the other, or for investors seeking a straightforward two-unit rental setup. The seller reports an accepted offer with contingencies, and is offering buyer concessions equal to 3.5% of the sales price. If you’re evaluating a duplex with consistent unit finishes and complete in-unit appliance coverage, this is a practical option to review.
Located at 4025 Filbert Av NE in Keizer, Oregon, the property sits on a 0.18-acre lot. The listing notes the duplex is close to schools, shopping, and transportation.
This configuration can work for a household looking to owner-occupy one unit while renting the other, or for investors seeking a straightforward two-unit rental setup. The seller reports an accepted offer with contingencies, and is offering buyer concessions equal to 3.5% of the sales price. If you’re evaluating a duplex with consistent unit finishes and complete in-unit appliance coverage, this is a practical option to review.
Key Highlights
- Just completed new construction duplex with under construction completion noted
- Each unit features 3 beds and 2.5 baths with 1,437 SF and a single‑car garage
- Heating includes electric and ductless systems; flooring includes vinyl and carpet
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.5k | $11.64 |
| − Vacancy | −$2.2k | −$0.77 |
| EGI | $31.2k | $10.87 |
| − OpEx | −$9.4k | −$3.26 |
| NOI | $21.9k | $7.61 |
2,874 SF · lease $11.64/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$312.5K
$273.4K – $364.5K
NOI $21,872 @ 7.0% cap · market cap 2.92%
Second Best
Apartment 5plus
$290.4K
$254.1K – $338.8K
NOI $20,327 @ 7.0% cap · market cap 2.71%
Theoretical Best
Specialty Retail
$675.9K
$591.4K – $788.6K
NOI $47,314 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Recently completed duplex with two 3-bedroom units, each featuring a single-car garage and in-unit laundry hookups.
Where is this duplex located?
The property is located at 4025 Filbert Av NE Keizer, OR.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Just completed new construction duplex with under construction completion noted; Each unit features 3 beds and 2.5 baths with 1,437 SF and a single‑car garage; Heating includes electric and ductless systems; flooring includes vinyl and carpet
