*The Commercial unit rent increase to $1,400 coming Jan. 1, 2026! Versatile Investment Property with Two Apartments, 1 commercial unit In A Prime Location! Incredible investment opportunity in a buzzing commercial corridor! This unique property offers the best of both worlds. There's a spacious commercial unit currently with two 26’x16’ salon-style suites, each equipped with a closet and private bathroom, plus an additional private office space. This commercial section features a separate entrance to maintain business privacy and flow. Additionally, there are two charming 1-bedroom apartments with their own private entrances, perfect for owner-occupancy or tenant rental. The residential units include living room/kitchens, a cozy bedroom, and a bathroom with a walk-in shower making this an ideal setup for live/work flexibility or added passive income. Strategically located in a high-traffic area, close to public transportation, and surrounded by thriving local businesses, it's the perfect setup to draw in clientele and benefit from surrounding activity. Zoned for various commercial uses – confirm specifics with the city. Don’t miss this chance to establish your business or expand your portfolio with a multi-use, income-producing property in a high-demand area!
Listing Provided Courtesy of Nick Shivers, Keller Williams PDX Central
General Information
576668239
83
DOM
3
6098.4 SqFt
3
1752
1978
Comm
Clackamas
01099028
Molalla
Molalla River 5/10
Molalla
MultiFamily
333 GREGORYS 1ST ADD LT 9 BLK 1
Listing Provided Courtesy of Nick Shivers, Keller Williams PDX Central
Krishna Realty data last checked: Nov 11, 2025 08:08 | Listing last modified Nov 06, 2025 11:26,
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Residence Information
1752
3
3
Composition
OffStreet
1
1978
No
WoodSiding
Features and Utilities
WallUnit
Electricity
Zoned
PublicSewer
Electricity
Electricity
Financial
3562.77
Sewer,TrashCollection,Water
Cash,Conventional
08-15-2025
No
No
Comparable Information
83
88
Cash,Conventional
$425,000
$425,000
Nov 06, 2025 11:26
Schools
private Elementary : MolallaN/ARatingscharter Middle : Molalla River
5/10Ratingsprivate High : MolallaN/ARatings
*The Commercial unit rent increase to $1,400 coming Jan. 1, 2026! Versatile Investment Property with Two Apartments, 1 commercial unit In A Prime Location! Incredible investment opportunity in a buzzing commercial corridor! This unique property offers the best of both worlds. There's a spacious commercial unit currently with two 26’x16’ salon-style suites, each equipped with a closet and private bathroom, plus an additional private office space. This commercial section features a separate entrance to maintain business privacy and flow. Additionally, there are two charming 1-bedroom apartments with their own private entrances, perfect for owner-occupancy or tenant rental. The residential units include living room/kitchens, a cozy bedroom, and a bathroom with a walk-in shower making this an ideal setup for live/work flexibility or added passive income. Strategically located in a high-traffic area, close to public transportation, and surrounded by thriving local businesses, it's the perfect setup to draw in clientele and benefit from surrounding activity. Zoned for various commercial uses – confirm specifics with the city. Don’t miss this chance to establish your business or expand your portfolio with a multi-use, income-producing property in a high-demand area!