Charming Updated 1930s Bungalow with ADU – Move-In Ready with Income Potential! Step into timeless character and modern comfort in this updated 1930s bungalow, fully remodeled in 2017–2018 with thoughtful upgrades throughout. The 3-bedroom, 1.5-bath main house features updated plumbing, water heater, electrical, flooring (laminate, tile, carpet), windows, and a fully remodeled kitchen and primary half bathroom. A 2019 HVAC installation ensures year-round comfort. Classic charm remains with original hardwood preserved under the living room carpet. Tucked away behind the main home is a fully remodeled 2-bedroom, 1-bath ADU, updated with a new roof, windows, plumbing, and flooring in 2017. This unit offers flexibility as guest space, extended family housing, or rental income. The current tenant is reliable, month-to-month, and would love to stay if the buyer wishes. Access to the ADU via the alley between East 2nd and East 3rd Street. With modern systems, stylish finishes, and excellent income potential, this home is ideal for multi-generational living, investors, or anyone seeking a turn-key opportunity with vintage charm. Shown by appointment only - Do not disturb the tenant.
Listing Provided Courtesy of Andrea Parmelee, Premiere Property Group, LLC
General Information
157366258
3
DOM
5
6098.4 SqFt
3
2004
1930
R3
Clackamas
01098877
Molalla
Molalla River 5/10
Molalla
MultiFamily
333 GREGORYS 1ST ADD LT 4 BLK 7
Listing Provided Courtesy of Andrea Parmelee, Premiere Property Group, LLC
Krishna Realty data last checked: Jun 22, 2025 09:56 | Listing last modified Jun 19, 2025 07:32,
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Residence Information
2004
5
3
Composition
1,
OffStreet
1
1930
No
CementSiding, VinylSiding
CrawlSpace
CrawlSpace
Features and Utilities
CentralAir
Electricity
Baseboard, ForcedAir
PublicSewer
Electricity
Electricity
Financial
4908.73
Sewer,Water
Cash,Conventional
06-19-2025
No
No
Comparable Information
3
3
Cash,Conventional
$500,000
$500,000
Jun 19, 2025 07:32
Schools
private Elementary : MolallaN/ARatingscharter Middle : Molalla River
5/10Ratingsprivate High : MolallaN/ARatings
Charming Updated 1930s Bungalow with ADU – Move-In Ready with Income Potential! Step into timeless character and modern comfort in this updated 1930s bungalow, fully remodeled in 2017–2018 with thoughtful upgrades throughout. The 3-bedroom, 1.5-bath main house features updated plumbing, water heater, electrical, flooring (laminate, tile, carpet), windows, and a fully remodeled kitchen and primary half bathroom. A 2019 HVAC installation ensures year-round comfort. Classic charm remains with original hardwood preserved under the living room carpet. Tucked away behind the main home is a fully remodeled 2-bedroom, 1-bath ADU, updated with a new roof, windows, plumbing, and flooring in 2017. This unit offers flexibility as guest space, extended family housing, or rental income. The current tenant is reliable, month-to-month, and would love to stay if the buyer wishes. Access to the ADU via the alley between East 2nd and East 3rd Street. With modern systems, stylish finishes, and excellent income potential, this home is ideal for multi-generational living, investors, or anyone seeking a turn-key opportunity with vintage charm. Shown by appointment only - Do not disturb the tenant.
