New - 5 days on Rocket
$6,389 Closing Credit¹
#414541031, Lisa Hanna, Listing Office: Eleete Real Estate
$449,000 List price
113 S Molalla Ave Molalla, OR 97038
$5,332
Closing credit¹
2 beds
3 full
3,500 sqft
$128 / sqft
House
Property details
About 113 S Molalla Ave
Prime Commercial Property with Dual Buildings & Apartment – Unmatched Potential! Located in a high-traffic area with excellent retail street frontage, this unique property features two commercial buildings on one lot, offering an incredible opportunity for investors, business owners, or developers. The buildings provide versatile space that can accommodate a wide range of businesses, from retail to office or service-oriented enterprises.Both buildings boast expansive display windows that attract foot traffic and offer maximum visibility. They offer ample space for a variety of purposes. Both buildings are situated on the same lot, providing convenience and flexibility in your business operations.In addition to the commercial spaces, the property includes a charming apartment, ideal for live/work arrangements, additional rental income, or employee housing. Studio apartment to be viewed with accepted offer. Seller will need 30 days rent back after closing. Apartment rents for $1200 per month on a month to month lease. Possible some owner carry with large down.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size3,500 sqft
Year built1930
ParkingStreet Parking
MLS #192604141
ViewCity
Summary
- MLS Number: 192604141
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: eXp Realty, LLC, eXp Realty LLC
- Office Phone: (503) 832-0180
- Listing Agent: Stephanie Peck, Valarie Bertrand
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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 4:00:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$449,000
113 S Molalla Ave
$5,332
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $123,530 | $2,060 |
| 2022 | $119,933 | $2,000 |
| 2021 | $116,440 | $1,918 |
| 2020 | $113,049 | $1,865 |
| 2018 | $106,560 | $1,760 |
| 2017 | $103,456 | $1,687 |
History based on county public records data.
Nearby schools
6
Molalla Elementary School
Public District KG-5
0.9 mi
•910 Toliver Rd
6
Rural Dell Elementary School
Public District KG-5
3.6 mi
•10500 S Highway 211
6
Mulino Elementary School
Public District KG-5
5.1 mi
•26660 S Highway 213
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,969. Typical income of Molalla, OR residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
25%
<35k
54%
35k-100k
20%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
36%
Single, No Kids
13%
Single, with Kids
26%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
College Football
Motocross
Where do the neighbors shop?
Academy Sports & Outdoors
Best Buy
Express/Express For Men
Where do the neighbors go to eat?
Little Caesars
Texas Roadhouse
Sonic
What do the neighbors drive?
Chevrolet
Ram
Kia
What do the neighbors listen to?
Country
Contemporary Christian
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 113 S Molalla Ave
This home is located at 113 S Molalla Ave in Molalla, OR and zip code 97038. This 3,500 square foot home was built in 1930. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $449,000.
In February 2025, from all listings sold in Molalla, OR there were more than 1 sold above asking price, over 7 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Molalla, OR between January and February 2025 increased by 4.8%. The median list price of listings available in February 2025 was $490,500, while the average time on the real estate market was 92 days.
From Rocket Homes Real Estate and based on county public records data.