201 Thelander Lane

Molalla, OR 97038

$895,000
Price
Beds
6,408 Sq. Ft.
$140 / Sq. Ft.
6,408
Sq. Ft.
$140
per Sq. Ft.

Description

Well cared for 6-plex centrally located in Molalla. 4 townhouse style and 2 one level units, all attached and all two bedrooms. New 50-year roof in 2024. Newer Hardi plank siding and other recent updates. Currently at 100% occupancy.Well cared for 6-plex centrally located in Molalla. 4 townhouse style and 2 one level units, all attached and all two bedrooms. New 50-year roof in 2024. Newer Hardi plank siding and other recent updates. Currently at 100% occupancy.
  1. Listed by Steve Tekander • Handris Realty Co.

Property Details for 201 Thelander Lane

Subdivision
Molalla
Parking Features
Driveway, Off Street
Zoning
M1
View
City, Territorial
Garage Spaces
.00
Parking Total
20.00
LISTING UPDATED: 08/05/2024 12:26 AM

Property Details for 201 Thelander Lane

StatusActive
MLS #24605676
Days on Market111
Taxes$6,940 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1978
Lot Size0.65 AC / 28,314 SF
CountyClackamas County

Building Information for 201 Thelander Lane

Stories2Residences6Year Built1978Building Size-Lot Size0.65 AC / 28,314 SF

Property Information for 201 Thelander Lane

Summary
Location and General Information
  • Country: US
  • Directions: Between Hwy 213 and Molalla Ave(211). South on Thelander Lane.
  • Road Surface: Gravel, Paved
School Information
  • Elementary School: Molalla
  • High School: Molalla
  • Middle Or Junior School: Molalla River
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $6,940.30
  • Parcel Number: 01093596
  • Tax Legal Description: 370 METZLER & HARTS ADD TO MOLALLA LT 7 BLK 1 ALSO PT SEC &VAC RD
Property
Lot Information
  • Acres: 0.65
  • Lot Description: Cleared, Level, Trees
  • Lot Size Square Feet: 28314.0
  • Lot Size Dimension: Irregular
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1978
Utilities
  • Cooling Description: None, Window Unit
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding, Lap Siding
  • Roof Type: Composition
  • Waterfront Description: Other
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • Gross Income Actual: $75,900.00
  • Gross Income Projected: $97,014.00
  • Gross Rent Multiplier: $11.79
  • Investor Information: According To Owner
  • Net Income Actual: $37,950.00
  • Net Income Projected: 59064
  • Operating Expenses Projected: $37,950.00
  • Operating Expense: $37,950.00
  • Security Features: Unknown
  • Storage: None
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5
  • Common Amenities: All Landscaping, Commons
  • SqFt Approximate Building Total: 6408
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Washer Dryer Hookup
  • Unit Type 1 Rent: $925
  • Unit Type 1 SqFt: 936.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Washer Dryer Hookup
  • Unit Type 2 Rent: $1,300
  • Unit Type 2 SqFt: 936.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Washer Dryer Hookup
  • Unit Type 3 Rent: $925
  • Unit Type 3 SqFt: 1134.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 2
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Dishwasher, Washer Dryer Hookup
  • Unit Type 4 Rent: $925
  • Unit Type 4 SqFt: 1134
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 2
  • Unit Type 5 Beds Total: 2
  • Unit Type 5 Features: Dishwasher, Trash Compactor
  • Unit Type 5 Rent: $2,200
  • Unit Type 5 SqFt: 2268.0
  • Unit Type 5 Units Total: 2

Property History for 201 Thelander Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 201 Thelander Lane

Taxable ValueLand-Additions-Total-
Tax Record2023$6,940 ($578 / month)
Home Facts
Lot Size28,330 SqFtStyleMulti-Family Dwelling (2-4)Year Built1978ZoningM1CountyCLACKAMASAPN52E08DD09900

Schools near 201 Thelander Lane

This home is within Molalla River School District 35.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Molalla Elementary School
PublicK to 5

Molalla River Middle School
Public6 to 8

Molalla High School
Public9 to 12

Rural Dell Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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201 Thelander Lane is a multi-family home for sale in Molalla, OR 97038. This property was listed for sale on August 4, 2024 by Handris Realty Co., it's currently listed at $895,000. It has been on the market for a total of 111 days and was last sold on July 7, 2004. This listing's school district is Molalla River School District 35. Nearby schools include Molalla Elementary School, Molalla River Middle School and Molalla High School. 201 Thelander Lane is a 0-bed, 0-bath, 6,408 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Handris Realty Co.

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 08/05/2024 12:26 AM