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Pending
  • Price cut: $15.9K (3/11)
    $599,000

    217 N Molalla Ave, Molalla, OR 97038

    5beds
    1,884sqft
    : 
    Multi Family
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $318/sqft
    $-- HOA

    What's special

    Remodeled bathroomsNew appliancesTriple-pane windowsBrand-new kitchenWater heaterGas furnace
    3-Bedroom Home with Income-Producing Duplex in the Back! Welcome to this beautiful newly remodeled 3-bedroom, 2-bath home. The main house has been recently updated, with a brand-new kitchen, remodeled bathrooms, new appliances, plumbing, electrical, water heater, triple-pane windows, gas furnace & insulation. In addition to the main house the property includes a fully rented duplex in the back with a separate entrance off Marson Ct, providing privacy & a steady stream of rental income. A garage with an attached workshop separates the house from the duplex, offering additional privacy between the two living spaces, making it ideal for both homeowners & tenants. Buyer due diligence for use. With mixed-use zoning, ample off-street parking, a convenient location & abundant storage space, the possibilities are endless! Whether you’re looking to make it your home, your retail space or office, or capitalize on its investment potential, this property truly has it all!
    69 days
    on Zillow
    |
    70
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 10, 2025 at 07:14pm

    Listed by:

    Amy Legg 503-347-3035,

    MORE Realty

    Source: RMLS (OR),MLS#: 387209741MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Microwave, Range, Refrigerator, Washer/Dryer, Electric Water Heater
    Features
    • Storage
    • Flooring: Wood
    • Basement: Crawl Space
    Interior area
    • Total structure area: 1,884
    • Total interior livable area: 1,884 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway, Paved
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    Lot
    • Size: 6,534 Square Feet
    • Features: Level, SqFt 5000 to 6999
    Details
    • Parcel number: 01097431
    • Zoning: C1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Shingle Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition,Shingle
    Condition
    • Updated/Remodeled
    • Year built: 1935

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Molalla

    Financial & listing details

    • Price per square foot: $318/sqft
    • Tax assessed value: $444,639
    • Annual tax amount: $4,082
    • Date on market: 1/29/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Total actual rent: 2030
    • Road surface type: Paved
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