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Sold on 06/02/2021
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506 E Main St, Molalla, OR 97038

  • $430,000

    Last sold 06/02/2021 after 70 Days

  • —

    bed

  • —

    bath

  • 3,240

    Sqft ($133/Sqft)

Multi-family not for sale
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About 506 E Main St

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Rental estimate
Property description
Great investment opportunity in Molalla. Updated triplex. Near bus line, shopping, restaurants. Off street parking, yard, basement for storage. Don't miss this opportunity. Seller is doing a 1031 exchange.
Listed by
Listing Agent - Jeff Edmondson
Listing Office - 24/7 Properties
Source: RMLS mls logo
MLS#21427961 • last updated 5 years ago
Movoto checked RMLS for data 4 minutes ago
Overview
Cooling/AC None
Heating Forced Air
MLS # 21427961
Type Multi Family
Status Sold
Property Tax 2687.95
Year Built 1920
Exterior
Roof Composition
Exterior Features Lap Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View Territorial
County Clackamas
Area 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino
Middle School Molalla River
High School Molalla
Zoning C1
Directions Main St
APN 1099484
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 1
Unit Type 3: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1200
Unit Type 3: Rent 775
Unit Type 2: Rent 945
Total # of Units 3
Gross Rent Multiplier 12.81
Net Operating Income 28540
Operating Expense 6500
Gross Income 35040
Cap Rate 6.36
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Jul 2021
    Public Records
  • Jul 7, 2021 Sold
    $430,000
  • Jul 2021
    mls logo MLS # 21427961
  • Jul 7, 2021 Sold
    $430,000 (-4.2%)
  • Jun 2, 2021 Pending
    —
  • May 5, 2021 Price Change
    $448,950 (-0.2%)
  • Apr 6, 2021 Price Change
    $449,950 (-6.3%)
  • Mar 24, 2021 Listed
    $479,950 (+184.8%)
  • Mar 2004
    Public Records
  • Mar 8, 2004 Sold
    $168,500
  • 506 E Main St
    $430K
  • 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino
    —
  • 97038
    $562K +2% y/y
  • Molalla
    $562K +1% y/y
No chart available
Statistics calculated by Movoto

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

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  • OR
  • Clackamas County
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  • 97038
  • 506 E Main St
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