989 Leeward Court North

Keizer, OR 97303

$713,900
Price
Beds
2,540 Sq. Ft.
$281 / Sq. Ft.
2,540
Sq. Ft.
$281
per Sq. Ft.

Description

Unique multi-family investment opportunity! Primary house PLUS detached 2/1 cottage (permitted ADU), PLUS attached studio apartment. Both secondary spaces are currently rented, bringing in approx $3500/month, making this easily the most affordable house on the block! Our family has loved living on this 6-bed, 4-bath, 2.5 kitchen property—if we weren’t moving out of state we’d stay here forever! Ideal for multi-generational living or rental income, most banks honor up to 75% of potential rental income....Unique multi-family investment opportunity! Primary house PLUS detached 2/1 cottage (permitted ADU), PLUS attached studio apartment. Both secondary spaces are currently rented, bringing in approx $3500/month, making this easily the most affordable house on the block! Our family has loved living on this 6-bed, 4-bath, 2.5 kitchen property—if we weren’t moving out of state we’d stay here forever! Ideal for multi-generational living or rental income, most banks honor up to 75% of potential rental income. Please see the virtual walk-through video and reach out with any questions! Please change to:UNIQUE MULTI-FAMILY INVESTMENT OPPORTUNITY! Primary house (currently an Airbnb) PLUS detached 2/1 cottage (permitted ADU rented for $1580 to a single gal) PLUS attached studio apartment (currently an additional 2nd Airbnb). SuperHost status property. Our family has loved living on this 6-bed, 4-bath, 2.5 kitchen property—if we weren’t moving out of state we’d stay here forever! Ideal for multi-generational living or rental income, most banks honor up to 75% of potential rental income. Please see the virtual walk-through video and reach out with any questions!
  1. Listed by Greg Messick • RealtyNET, LLC

Property Details for 989 Leeward Court North

Parking Features
Attached, Garage
Zoning
Res
Parking Total
2.00
LISTING UPDATED: 11/04/2024 11:51 AM

Property Details for 989 Leeward Court North

StatusActive
MLS #24586530
Days on Market112
Taxes$3,912 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1990
Lot Size0.18 AC / 7,840 SF
CountyMarion County

Building Information for 989 Leeward Court North

Stories1Residences3Year Built1990Building Size-Lot Size0.18 AC / 7,840 SF

Property Information for 989 Leeward Court North

Summary
Location and General Information
  • Country: US
  • Directions: Leeward ct N @ Four winds
  • Road Surface: Paved
School Information
  • Elementary School: Cummings
  • High School: Mc Nary
  • Middle Or Junior School: Claggett Creek
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $3,911.61
  • Parcel Number: 548323
  • Tax Legal Description: FOUR WINDS ADDITION PHASE 3 REPLAT, LOT 11
Virtual Tour
Property
Lot Information
  • Acres: 0.18
  • Lot Description: Cul_de_sac, Private
  • Lot Size Square Feet: 7840.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1990
Utilities
  • Cooling Description: Energy Star Air Conditioning, Mini Split
  • Fuel Description: Electricity
  • Heating Description: ENERGYSTARQualified Equipment, Forced Air, Mini Split
  • Hot Water Description: Electricity, Gas
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Board Batten Siding, Cement Siding, Lap Siding, Vinyl Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $78,000.00
  • Gross Income Projected: $75,000.00
  • Gross Rent Multiplier: $9.15
  • Investor Information: According To Owner, Rent Records
  • Net Income Actual: $73,000.00
  • Net Income Projected: 68000
  • Operating Expenses Projected: $7,000.00
  • Operating Expense: $7,000.00
  • Security Features: Security Lights, Sidewalk
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 2540
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Baths Decimal: 2.00
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Air Conditioning, Dishwasher, Disposal, Washer Dryer Hookup
  • Unit Type 1 Rent: $3,000
  • Unit Type 1 SqFt: 1600.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Air Conditioning, Furnished, Microwave, Refrigerator
  • Unit Type 2 Rent: $0
  • Unit Type 2 SqFt: 150.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Air Conditioning, Range, Refrigerator
  • Unit Type 3 Rent: $1,580
  • Unit Type 3 SqFt: 728.0
  • Unit Type 3 Units Total: 1

Property History for 989 Leeward Court North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 989 Leeward Court North

Taxable ValueLand-Additions-Total-
Tax Record2023$3,912 ($326 / month)
Home Facts
Beds3Total Finished SqFt1,750 SqFtAbove Grade Finished SqFt1,750 SqFtStories1Lot Size7,841 SqFtStyleSingle Family ResidenceYear Built1990ZoningRSCountyMARIONAPN073W03BA08411

Schools near 989 Leeward Court North

This home is within Salem-Keizer School District 24j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Cummings Elementary School
PublicK to 5

Claggett Creek Middle School
Public6 to 8

Mcnary High School
Public9 to 12

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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989 Leeward Court North is a multi-family home for sale in Keizer, OR 97303. This property was listed for sale on August 2, 2024 by RealtyNET, LLC, it's currently listed at $713,900. It has been on the market for a total of 112 days and was last sold on February 27, 2004. This listing's school district is Salem-Keizer School District 24j. Nearby schools include Cummings Elementary School, Claggett Creek Middle School and Mcnary High School. 989 Leeward Court North is a 0-bed, 0-bath, 2,540 sqft multi-family home built in 1990.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RealtyNET, LLC

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 © 2024 RMLS, Portland, Oregon. Last updated: 11/04/2024 11:51 AM