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Sold on 12/30/2024
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201 Thelander Ln, Molalla, OR 97038

$929,000

Last sold 12/30/2024 for $825K

  • —

    bed

  • —

    bath

  • 6,408

    Sqft ($129/Sqft)

Multi-family not for sale
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About 201 Thelander Ln

Property type Multi-family
Neighborhood
Year built 1978
HOA fee $0/month
Lot size 0.65 Acre
Movoto estimate
Property 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.
Listed by
Listing Agent - Steve Tekander
Listing Office - Handris Realty Co.
Source: RMLS mls logo
MLS#24605676 • last updated 1 year ago
Movoto checked RMLS for data 2 minutes ago
Overview
Cooling/AC None, WindowUnit
Heating Baseboard
MLS # 24605676
Type Multi Family
Status Pending
Lot Size (SqFt) 28314
Lot Size (Acres) 0.65
Property Tax 6940.3
Year Built 1978
Exterior
Roof Composition
# Parking Spaces 20
Exterior Features CementSiding, LapSiding
Lot Desc Cleared, Level, Trees
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View City, Territorial
Waterfront Other
County Clackamas
Community Features AllLandscaping, Commons
Subdivision Molalla
Area 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino
Elementary School Molalla
Middle School Molalla River
High School Molalla
Zoning M1
Directions Between Hwy 213 And Molalla Ave(211). South On Thelander Lane.
APN 1093596
Multifamily Details
Unit Type 3: Total Baths 2
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 5: # Bedrooms 2
Unit Type 2: # Bedrooms 2
Unit Type 3: # Bedrooms 2
Unit Type 4: Total Baths 2
Unit Type 2: Total Baths 1
Unit Type 4: # Bedrooms 2
Unit Type 5: Total Baths 2
Unit Type 1: Rent 925
Unit Type 4: Rent 925
Unit Type 3: Rent 925
Unit Type 2: Rent 1300
Unit Type 5: Rent 2200
Total # of Units 6
Gross Rent Multiplier 11.79
Operating Expense Scheduled 37950
Net Operating Income 37950
Operating Expense 37950
Gross Scheduled Income 97014
Gross Income 75900
Cap Rate 4.24
Net Scheduled Income 59064
Lot/ Land Details
Road Surface Gravel, Paved
$929K
Range: $798K-$1.05M
Last 30 days 
  • Apr 2025
    mls logo MLS # 24605676
  • Apr 23, 2025 Sold
    $825,000
  • Dec 31, 2024 Pending
    —
  • Aug 4, 2024 Listed
    $895,000
  • Apr 2025
    Public Records
  • Apr 21, 2025 Sold
    $825,000 (-7.8%)
  • Year Property taxes Tax assessment
  • 2024
    $8,172 +17.7%
    $428,469 +3.0%
  • 2023
    $6,940 +3.0%
    $415,990 +3.0%
  • 2022
    $6,738 +4.3%
    $403,874 +3.0%
  • 2021
    $6,462 +2.9%
    $392,111 +3.0%
  • 2020
    $6,281 +3.0%
    $380,691 +3.0%
  • 2019
    $6,099 +2.9%
    $369,603 +3.0%
  • 2018
    $5,928 +7.5%
    $358,838 +3.0%
  • 2017
    $5,513 +2.3%
    $348,386 +3.0%
  • 2016
    $5,388 +2.9%
    $338,239
  • 2015
    $5,236
    —
  • 201 Thelander Ln
    $825K
  • 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino
    —
  • 97038
    $599K +4% y/y
  • Molalla
    $599K +4% y/y
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Statistics calculated by Movoto

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Around 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino

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