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400 Lola St

Molalla, OR 97038
  • $899,900
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 24577283
UPDATED: 88 min ago
$899,900
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,312
    SQFT
  • $272
    $/SQFT

School Information

Elementary School:
Middle School:
High School:

Description

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!

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Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-01-25T20:47:38.933.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
www.coho.realty/homes/158436841
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400 Lola St Molalla, OR 97038

  • Price: $899,900
  • Status: Active
  • On Site: 53 Days
  • Updated: 88 min ago
  • MLS #: 24577283
0
Beds
0
Baths
0
½ Baths
0.23
Acres
3,312
SQFT
$272
$/SQFT
1973
Built
Neighborhood:
146-Oregon City/Beavercreek/Canby/Molalla/Mulino
County:
Clackamas
Area:
146-Oregon City/Beavercreek/Canby/Molalla/Mulino
Elementary School:
Molalla
Middle School:
Molalla River
High School:
Molalla
Property Description
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!
Exterior Features

Attached Garage YN No Exterior Description Other Wood Siding Foundation Details Concrete Perimeter Lot Features Corner Lot Public Road Parking Features Assigned Off Street Parking Total 4 Road Surface Type Paved Roof Composition View Description City View YN Yes

Interior Features

Basement None Cooling None Cooling YN No Heating Radiant Wall Heater Heating YN Yes

Property Features

Bank Owned YN No Fuel Description Electricity Green Certification YN No Gross Income 74100 Hot Water Description Electricity IDXAddress Display YN Yes Internet Service Type Cable Listing Terms Cash Conventional Net Operating Income 61575 Operating Expense 12525 Property Attached YN No Property Condition Updated Remodeled Rent Includes Sewer Trash Collection Water Security Features Sidewalk Sewer Public Sewer Short Sale YN No Storage None Tax Annual Amount 5475.89 Tax Year 2024 Water Source Public Water Zoning R-2 /3

Listing provided courtesy of Coldwell Banker Bain: 503-300-9414.


Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-01-25T20:47:38.933.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
 
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Coho Realty
500 Liberty St SE, Suite 410
Salem OR, 97301