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4955-4959 Elizabeth St N 12 Unit Apartment Building $3,967,068 CAD ($330,589 CAD/Unit) Keizer, OR 97303



Executive Summary
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.
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.
Property Facts
| Price | $3,967,068 CAD | Building Class | C |
| Price Per Unit | $330,589 CAD | Lot Size | 0.93 AC |
| Sale Type | Investment | Building Size | 18,880 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2004 |
| Property Subtype | Apartment | Parking Ratio | 0.42/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RM | ||
| Price | $3,967,068 CAD |
| Price Per Unit | $330,589 CAD |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.93 AC |
| Building Size | 18,880 SF |
| No. Stories | 2 |
| Year Built | 2004 |
| Parking Ratio | 0.42/1,000 SF |
| Zoning | RM |
Amenities
Unit Amenities
- Air Conditioning
- Wheelchair Accessible (Rooms)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 4 | - | 1,144 - 1,375 |
| 3+2.5 | 8 | - | 1,144 - 1,356 |
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Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 564912 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,037,344 CAD |
Property Taxes
Parcel Number
564912
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,037,344 CAD
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4955-4959 Elizabeth St N
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