1550 Chemawa Road North

Sold 8/15/24

Listed by Roxanne Noud - HomeSmart Realty Group - C: (503) 689-4796

Sold

Last Sold Price

$800,000

3,044 sqft$263/sqft

1550 Chemawa Rd N, Keizer, OR 97303

Multi FamilyProperty Type

6,969 sq ftLot Size

2024Year Built

$263/sq ftPrice per sq ft

6 carsParking Spaces

Description

Excellent investment opportunity or owner occupy! New construction duplex features 1522sf identical floor plan each side, 3 beds/2.5 baths w/ single car garage and plenty of parking. Overlooking Keizer Rapids Park on a private road this property is the perfect place to feel the wide-open spaces take advantage of walking paths and park events. SS appliances in kitchen, quartz & LVP throughout, laundry rooms in each unit, 1550 unit has temperature-controlled garage, 220 hook-ups in garage & back patio...Excellent investment opportunity or owner occupy! New construction duplex features 1522sf identical floor plan each side, 3 beds/2.5 baths w/ single car garage and plenty of parking. Overlooking Keizer Rapids Park on a private road this property is the perfect place to feel the wide-open spaces take advantage of walking paths and park events. SS appliances in kitchen, quartz & LVP throughout, laundry rooms in each unit, 1550 unit has temperature-controlled garage, 220 hook-ups in garage & back patio with RV/Boat Pad. Fenced back yards are private and landscaped w/ sprinkler system.

Listed by: Roxanne Noud • HomeSmart Realty Group

Listing closed: 08/15/2024 12:00 AM • Source: RMLS, MLS#: 24670654

Recent comparable sales

Median sold price

$700,000

Avg days on market

Sale-to-list ratio

98.7%

1/24

$680,000

Sold 06/25/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 2,732
Square Feet: 0.18
Acres

640 Orchard Street North, Keizer, OR 97303

1/17

$685,000

Sold 03/28/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 2,540
Square Feet: 0.18
Acres

989 Leeward Court North, Keizer, OR 97303

1/12

$700,000

Sold 04/14/26

Unavailable
Bedrooms: Unavailable
Bathrooms: 3,025
Square Feet: 0.28
Acres

1031 Ring Street Northeast, Keizer, OR 97303

1/16

$700,000

Sold 04/14/26

Unavailable
Bedrooms: Unavailable
Bathrooms: 3,025
Square Feet: 0.29
Acres

1061 Ring Street Northeast, Keizer, OR 97303

$750,000

Sold 03/28/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 2,640
Square Feet: 0.48
Acres

4747 River Road North, Keizer, OR 97303

1/10

$856,000

Sold 01/08/26

Unavailable
Bedrooms: Unavailable
Bathrooms: 3,968
Square Feet: 0.23
Acres

1001 Ring Street Northeast, Keizer, OR 97303

a house view with a sitting space and garden

1/34

$380,000

Sold 11/17/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 3,381
Square Feet: 0.29
Acres

985 Bever Drive Northeast, Keizer, OR 97303

$651,111

Sold 06/12/26

Unavailable
Bedrooms: Unavailable
Bathrooms: Unavailable
Square Feet: 0.27
Acres

1560 Chemawa Road North, Unit A, Keizer, OR 97303

$925,000

Sold 04/22/26

Unavailable
Bedrooms: Unavailable
Bathrooms: 384
Square Feet: 0.24
Acres

4560 River Road North, Keizer, OR 97303

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Location

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$4,154 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,066

Property Taxes

$87

HOA Dues

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Property Information for 1550 Chemawa Road North

Property Details

Taxes: $1,047 / year
MLS Type: Residential Income
County: Marion County
Parking Features: Garage, RVAccess Parking
Zoning: RS
View: Park Greenbelt, Territorial
Garage Spaces: 2.00
Parking Total: 6.00

Building Information

Stories: 2
Residences: 2
Year Built: 2024
Lot Size: 0.16 AC / 6,969 SF

Summary

Location and General Information

Country: US
Directions: River Rd, West on on Chemawa Rd NE, Left on Chemawa Rd N

Road Surface: Paved

School Information

Elementary School: Cummings
High School: Mc Nary

Middle Or Junior School: Whiteaker

Taxes and HOA

HOA Y/N: No
Tax Year: 2023

Tax Annual Amount: $1,047.29
Parcel Number: 359590
Tax Legal Description: P.P. 2020-001, PARCEL 1, ACRES 0.16

Property

Lot Information

Acres: 0.16
Lot Description: Private Road

Lot Size Square Feet: 6969.0
Lot Size Range: Sq Ft7000to9999
Lot Size: 7,000 to 9,999 Sq Ft

Property and Assessments

Property Sub Type: Duplex
Property Type: Residential Income

Water Description: Public Water
Property Condition: New Construction
Year Built: 2024
New Construction: Yes
Warranty Available Y/N: Yes

Utilities

Cooling Description: Central Air
Fuel Description: Electricity

Heating Description: Floor Furnace, Forced Air
Hot Water Description: Electricity
Sewer Description: Public Sewer
Rent Includes: None

Interior and Exterior Features

Exterior Features

Exterior Description: Board Batten Siding, Cedar, Cement Siding, Lap Siding, Shake Siding
Roof Type: Composition, Shingle

Construction Materials: Fiber Cement, Lap Siding

Interior Features

Foundation Details: Concrete Perimeter, Pillar Post Pier
Interior Features: High Speed Internet

Bedrooms Total: 6
Stories: 2
Cooling: Yes
Heating: Yes

Kitchen

Kitchen Appliances: Dishwasher, Electric Range, Refrigerator, Microwave, Disposal, Electric Water Heater

Baths

Total Bathrooms: 6

Farm

Farm Information

Farm Fencing Description: Fenced

Multi Family

Multi-Family Information

Number Of Units Total: 2
Gross Income Actual: $66,000.00

Gross Rent Multiplier: $12.27
Investor Information: According To Owner
Net Income Actual: $41,250.00
Operating Expense: $24,750.00
Security Features: None
Storage: Attached, Garage
Unit Type Type: Unit Type Type1
SqFt Approximate Building Total: 3044

Unit 1 Information

Unit Type 1 Baths Total: 3
Unit Type 1 Baths Decimal: 2.10

Unit Type 1 Beds Total: 3
Unit Type 1 Features: Air Conditioning, Range, Refrigerator, Washer Dryer Hookup
Unit Type 1 Rent: $2,750
Unit Type 1 SqFt: 1522.0
Unit Type 1 Units Total: 2

Property History for 1550 Chemawa Road North

Date	Event & Source	Price	Appreciation
Aug 14, 2024	Sold (Public Record) Public Record #1538580644	$800,000	+77.0% / yr
Sep 8, 2021	Sold (Public Record) Public Record #1471017233	$150,000	—

Date	Event & Source	Price
08/14/2024	Sold (Public Record) Public Record #1538580644	$800,000 +77.0% / yr
09/08/2021	Sold (Public Record) Public Record #1471017233	$150,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1550 Chemawa Road North

Taxable ValueLand-Additions-Total-

Tax Record2025$6,175 ($515 / month)

Home Facts

Total Finished SqFt3,246 SqFtAbove Grade Finished SqFt3,246 SqFtLot Size6,970 SqFtStyleDuplexYear Built2023Year Renovated2024ZoningRSCountyMARIONAPN073W04AA00600

Schools near 1550 Chemawa Road North

This home is within Salem-Keizer School District 24j.


Rating	School	Type	Grades	Distance
4/10	Cummings Elementary School	Public - Serves this home	K to 5	1.0 mi
2/10	Claggett Creek Middle School	Public - Serves this home	6 to 8	2.1 mi
4/10	McNary High School	Public - Serves this home	9 to 12	0.9 mi
7/10	Jane Goodall Environmental Middle Charter School	Charter - Choice school	6 to 8	2.6 mi
6/10	Optimum Learning Environment Charter School	Charter - Choice school	1 to 5	3.0 mi
10/10	Early College High School	Public - Choice school	9 to 12	3.8 mi


Rating	School	Distance
4/10	Cummings Elementary School PublicK to 5 Serves this home	1.0 mi
2/10	Claggett Creek Middle School Public6 to 8 Serves this home	2.1 mi
4/10	McNary High School Public9 to 12 Serves this home	0.9 mi
7/10	Jane Goodall Environmental Middle Charter School Charter6 to 8 Choice school	2.6 mi
6/10	Optimum Learning Environment Charter School Charter1 to 5 Choice school	3.0 mi
10/10	Early College High School Public9 to 12 Choice school	3.8 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 1550 Chemawa Road North, Keizer, OR 97303	$800,000	–	–	3,044	6,969
1540 Chemawa Road North, Keizer, OR 97303	$222,500	3	2	1,412	10,019
1560 Chemawa Road North, Unit 2, Keizer, OR 97303	$200,000	–	–	–	11,761
5006 Springfield Court North, Keizer, OR 97303	–	–	2	1,782	–
5004 Nordic Court North, Keizer, OR 97303	–	–	2	1,360	–
5005 Nordic Court North, Keizer, OR 97303	–	–	2	1,568	–
5007 Springfield Court North, Keizer, OR 97303	–	–	3	1,782	–
5025 Nordic Court North, Keizer, OR 97303	–	–	2	1,596	–
5026 Springfield Court North, Keizer, OR 97303	–	–	2	1,296	–
5045 Nordic Court North, Keizer, OR 97303	–	–	2	1,296	–
5024 Nordic Court North, Keizer, OR 97303	–	–	2	1,605	–
5046 Springfield Court North, Keizer, OR 97303	–	–	2	1,620	–
5027 Springfield Court North, Keizer, OR 97303	–	–	2	1,296	–
1570 Chemawa Road North, Keizer, OR 97303	–	3	3	2,050	17,424
1585 Chemawa Road North, Keizer, OR 97303	–	–	2	1,296	208,217
4921 North 15th Avenue, Unit 2, Keizer, OR 97303	$175,000	–	–	–	–

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart Realty Group

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 10/16/2024 03:15 AM

Keizer, OR

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