Welcome to this fantastic multi-family 4-plex located in the heart of Molalla, Oregon! This investment opportunity offers four well-maintained, spacious units, perfect for generating steady rental income. Each unit features two bedrooms and one bathroom, providing comfortable living spaces for its tenants.The property is nestled in a charming neighborhood with easy access to local schools, parks, and shopping. Each unit boasts an open floor plan, spacious kitchens with appliances such as a range, refrigerator, and dishwasher, as well as inviting living areas and a fireplace. Each unit has its own fenced yard providing space for relaxation and outdoor activities. There is ample off-street and on-street parking available for tenants. There is great potential as well! With a strong rental history and room for future growth, this property is an ideal addition to your real estate portfolio.Don't miss out on this incredible opportunity to own a multi-family property in the thriving community of Molalla. Contact me today for more information or to schedule a private showing!
The median home value in Molalla, OR is $475,000. This is lower than the county median home value of $555,800. The national median home value is $338,100. The average price of homes sold in Molalla, OR is $475,000. Approximately 63.78% of Molalla homes are owned, compared to 33.87% rented, while 2.35% are vacant. Molalla real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Molalla real estate agent to arrange a tour today!
Molalla, Oregon has a population of 10,060. Molalla is more family-centric than the surrounding county with 47.52% of the households containing married families with children. The county average for households married with children is 33.61%.
The median household income in Molalla, Oregon is $74,718. The median household income for the surrounding county is $88,517 compared to the national median of $69,021. The median age of people living in Molalla is 34.5 years.
The average high temperature in July is 79.8 degrees, with an average low temperature in January of 35.2 degrees. The average rainfall is approximately 50.8 inches per year, with 1.3 inches of snow per year.