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!
Pending
Price cut: $15.9K (3/11)
$599,000
217 N Molalla Ave, Molalla, OR 97038
5beds
1,884sqft
Est.:
Multi Family
Built in 1935
-- sqft lot
$-- Zestimate®
$318/sqft
$-- HOA
What's special
Remodeled bathroomsNew appliancesTriple-pane windowsBrand-new kitchenWater heaterGas furnace
- 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#: 387209741

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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