Great opportunity for investor or owner-occupied. Brand new four-plex in historic Oregon City. Huge garage underneath, peekaboo views of downtown Portland, excellent rental mix. One unit left vacant to view. Seller can be creative on financing, will carry second mortgage for qualified buyer, make take trade for partial down payment. Income and expenses are TBD as building is new. Taxes are not fully assessed.
Sold
$1,190,000
701 Molalla Ave, Oregon City, OR 97045
8beds
3,300sqft
Multi Family
Built in 2024
-- sqft lot
$1,200,100 Zestimate®
$361/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: February 25, 2025 at 02:55am
Listed by:
Steve Kaer 503-699-3980,
Kaer Property Group
Bought with:
Steve Kaer, 791100095
Kaer Property Group
Source: RMLS (OR),MLS#: 24072806

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Mini Split
Cooling
- Air Conditioning
Appliances
- Included: Refrigerator, Washer/Dryer, Electric Water Heater
Interior area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Stories: 3
- Patio & porch: Deck
- Has view: Yes
- View description: Territorial, Trees/Woods
Lot
- Size: 9,147 sqft
- Dimensions: 95 x 99 x 93 x 97
- Features: Gentle Sloping, On Busline, SqFt 7000 to 9999
Details
- Parcel number: 00844581
- Zoning: MUC1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding
- Foundation: Slab
- Roof: Composition
Condition
- New Construction
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Security Lights
Community
- Community features: All Landscaping
Location
- Region: Oregon City
- Subdivision: Mountain View
HOA & financial
Other financial information
- Total actual rent: 7600
Other
Other facts
- Listing terms: Cash,Conventional,FHA,Other,Trade,VA Loan
- Road surface type: Concrete
Services availability

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Estimated market value
$1,200,100