Active

400 LOLA ST

Molalla OR, 97038

$899,900


$271.71 per sqft

Active

8 Beds

4 Baths

3,312 sqft

Multi-family

Built in 1973

Courtesy of Coldwell Banker Bain

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!

24577283

MLS ID

December 2, 2024

Listed

January 17, 2025

Updated

Map

400 LOLA ST
Molalla OR, 97038

Interior Features

Total Stories

1


Bedrooms

8


Total Bathrooms

4


Full Bathrooms

4


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Radiant, Wall Heater

Exterior/Building Features

Lot Size

0.23 Acres


Lot Features

Corner Lot, Public Road


Roof

Composition


Sewer

Public Sewer

School Information

High School

Molalla


Elementary School

Molalla

Other Property Details

Area Name

_146


Taxes

$5,476


Tax Frequency

Annually


Days on Market

46


Garage

No


Parking

Assigned, Off Street


Parking Total

4


View

Yes


View Description

City


County

Clackamas


Water Source

Public Water


Pool

No


Zoning

R-2/3

Listing Courtesy of Coldwell Banker Bain, Lindsey Wilde. 503-300-9414

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 Knipe Realty ERA Powered are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 1/17/2025, 10:16 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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