Elizabeth Townhomes presents the opportunity to acquire a stabilized 12-unit townhome community in Keizer, Oregon, one of the Salem metro’s most established and lowest vacancy submarkets.

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.