Incredible Opportunity! In great condition! Legal 2 unit (Duplex) property in a neighborhood of nice mostly single family homes. 2 bedroom unit is currently rented at a good rate. 3 bedroom unit is currently vacant which means some lucky person could buy this property as owner occupied, (better loan terms), live in the 3 bedroom side and collect the rent off the other side to help them make their loan payment. Sweeeeet! For you investors/landlords, the 3 bedroom unit is vacant and ready to rent at current market rates !!! It was not at market rates, but the old tenants just moved out. Again, Sweeeeet! The 3 bedroom unit has new paint and new carpet and a new dishwasher. The two bedroom unit is in very good condition! Attached garages for each unit. Double car for 3 bedroom side and single car for 2 bedroom side. Inside laundry rooms. Don't delay on this one!!!
Charming & Newly Renovated 3-Bedroom Home with Income-Producing Duplex in the Back! Welcome to this beautifully 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. Whether you’re looking to make it your home, your office, or capitalize on its investment potential, this property truly has it all! Buyer due diligence for use. With mixed-use zoning, ample off-street parking, a convenient location & abundant storage space, the possibilities are endless!
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 $470,000. 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 $470,000. 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 97038 has a population of 10,060. Molalla 97038 is more family-centric than the surrounding county with 42.07% 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 97038 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 97038 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.