701 Molalla Avenue

Oregon City, OR 97045

$1,450,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great opportunity for investor or owner-occupied. Brand new four-plex in historic Oregon City. Huge garage underneath, peekaboo views of downtown Portland, excellent rental mix. One unit left vacant to view. Seller can be creative on financing, will carry second mortgage for qualified buyer, make take trade for partial down payment. Income and expenses are TBD as building is new. Taxes are not fully assessed.Great opportunity for investor or owner-occupied. Brand new four-plex in historic Oregon City. Huge garage underneath, peekaboo views of downtown Portland, excellent rental mix. One unit left vacant to view. Seller can be creative on financing, will carry second mortgage for qualified buyer, make take trade for partial down payment. Income and expenses are TBD as building is new. Taxes are not fully assessed.
  1. Listed by Steve Kaer • Kaer Property Group

Property Details for 701 Molalla Avenue

Subdivision
Mountain View
Parking Features
Garage
Zoning
MUC1
View
Territorial, Trees Woods
Garage Spaces
4.00
Parking Total
4.00
LISTING UPDATED: 11/16/2024 02:13 PM

Property Details for 701 Molalla Avenue

StatusActive
MLS #24072806
Days on Market6
Taxes$1,056 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2024
Lot Size0.21 AC / 9,147 SF
CountyClackamas County

Building Information for 701 Molalla Avenue

Stories3Residences4Year Built2024Building Size-Lot Size0.21 AC / 9,147 SF

Property Information for 701 Molalla Avenue

Summary
Location and General Information
  • Country: US
  • Directions: 7th Street to Molalla Ave.
  • Road Surface: Concrete
School Information
  • Elementary School: Holcomb
  • High School: Oregon City
  • Middle Or Junior School: Tumwata
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $1,056.37
  • Parcel Number: 00844581
  • Tax Legal Description: 69 MOUNTAIN VIEW ADD LT 1 PT LT 2 BLK 12
Property
Lot Information
  • Acres: 0.21
  • Lot Description: Gentle Sloping, On Busline, Public Road
  • Lot Size Square Feet: 9147.0
  • Lot Size Dimension: 95 x 99 x 93 x 97
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: New Construction
  • Year Built: 2024
Utilities
  • Cooling Description: Mini Split
  • Fuel Description: Electricity
  • Heating Description: Mini Split, Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding
  • Roof Type: Composition
Interior Features
  • Foundation Details: Slab
  • Stories: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $100.00
  • Gross Rent Multiplier: $14,500.00
  • Investor Information: Incomplete
  • Net Income Actual: $100.00
  • Operating Expense: $2,000.00
  • Security Features: Security Lights
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • Common Amenities: All Landscaping
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Air Conditioning, Deck, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,800
  • Unit Type 1 SqFt: 650.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Baths Decimal: 2.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Air Conditioning, Deck, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $2,000
  • Unit Type 2 SqFt: 1000.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Air Conditioning, Deck, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $1,800
  • Unit Type 3 SqFt: 650.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 2
  • Unit Type 4 Baths Decimal: 2.00
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Air Conditioning, Deck, Refrigerator, Washer Dryer
  • Unit Type 4 Rent: $2,000
  • Unit Type 4 SqFt: 1000
  • Unit Type 4 UnitsTotal: 1

Public Records for 701 Molalla Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$1,056 ($88 / month)
Home Facts
Lot Size9,339 SqFtStyleCommercialZoningMUC1CountyCLACKAMASAPN32E05BB00200

Schools near 701 Molalla Avenue

This home is within Oregon City School District 62.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Holcomb Elementary School
PublicK to 5

Ogden Middle School
Public6 to 8

Oregon City High School
Public9 to 12

Alliance Charter Academy
CharterK to 12

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.

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701 Molalla Avenue is a multi-family home for sale in Oregon City, OR 97045. This property was listed for sale on November 14, 2024 by Kaer Property Group, it's currently listed at $1,450,000. This listing's school district is Oregon City School District 62. Nearby schools include Holcomb Elementary School, Ogden Middle School and Oregon City High School. 701 Molalla Avenue is a 0-bed, 0-bath, multi-family home built in 2024.

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.

Listing Courtesy of Kaer Property Group

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: 11/16/2024 02:13 PM