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Off market
  • $381,000

    207 E 3rd St, Molalla, OR 97038

    3beds
    2baths
    1,325sqft
    MultiFamily
    Built in 1947
    -- sqft lot
    $381,000 Zestimate®
    $288/sqft
    $1,932 Estimated rent

    Home value

    $381,000

    $358,000 - $404,000

    $1,932/mo

    Zestimate® history
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    Owner options

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    $1,932/mo

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    $1,932/mo

    Rent Zestimate®

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    $2,236/mo

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    $2,236/mo

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    What's special

    Cozy bungalow is an investment opportunity in waiting! Offering 3 bedrooms, 2 bathrooms w/attached garage. Wonderful opportunity to own a great investment property with solid tenants in place or a home to make all your own! Main home rents separately than the apartment above the garage, Garage unit has 1 bed/1 bath and kitchen along with a heat pump. Main home serves 2 beds/1 bath & a long term tenant. An incredible opportunity awaits!!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central, Other
    Appliances
    • Included: Dryer, Range / Oven, Refrigerator, Washer
    • Laundry: Washer/Dryer Hookup
    Features
    • Windows: Window Coverings
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,325 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other, Stucco
    Lot
    • Size: 3,920 sqft
    • Features: Level
    Details
    • Parcel number: 01098895
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Molalla

    HOA & financial

    Other financial information
    • Total actual rent: 2100

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Zoning: R3
    • Heating: Forced Air
    • Appliances: Refrigerator, Washer/Dryer, Electric Water Heater, Range
    • GarageYN: true
    • AttachedGarageYN: true
    • HeatingYN: true
    • NumberOfUnitsTotal: 2
    • Utilities: Natural Gas Connected
    • CoolingYN: true
    • FoundationDetails: Slab
    • ConstructionMaterials: Other, Stucco
    • Roof: Composition
    • LotFeatures: Level
    • LeaseTerm: Month To Month
    • FarmLandAreaUnits: Square Feet
    • ParkingFeatures: Storage, Attached, Paved
    • RentIncludes: Cable TV, Trash Collection
    • WindowFeatures: Window Coverings
    • Cooling: Other, Air Conditioning
    • PropertyCondition: Updated/Remodeled
    • TotalActualRent: 2100
    • CapRate: 7.65
    • LaundryFeatures: Washer/Dryer Hookup
    • MlsStatus: Pending
    • GrossIncome: 24732
    • OperatingExpense: 3330
    • NetOperatingIncome: 21402

    Price history

    DateEventPrice
    8/14/2020Sold$271,000-3.2%$205/sqft
    Source: RMLS (OR) #19032634 Report a problem
    7/9/2020Pending sale$279,900$211/sqft
    Source: Keller Williams-PDX Central #19032634 Report a problem
    7/9/2020Listed for sale$279,900$211/sqft
    Source: Keller Williams Realty Portland Central #19032634 Report a problem
    7/9/2020Pending sale$279,900$211/sqft
    Source: Keller Williams Realty Portland Central #19032634 Report a problem
    11/8/2019Listed for sale$279,900+44.7%$211/sqft
    Source: Keller Williams-PDX Central #19263821 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,782 +3.5%$145,203 +3%
    2024$2,689 +17.7%$140,974 +3%
    2023$2,283 +3%$136,868 +3%

    Find assessor info on the county website

    Neighborhood: 97038

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Molalla
    • Middle: Molalla River
    • High: Molalla

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value$381,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $381,000