Well-maintained 7-unit apartment community blocks from downtown Molalla situated on a clean, manicured .32 acre lot. The current ownership has executed a methodical renovation program: four of six two-bedroom units and the three bedroom unit have been updated with new cabinetry, appliances, LVP flooring, updated light fixtures, and fresh paint throughout. Units are being converted to include in-unit laundry on each turnover, with 5/7 already complete. The two-story 2 bedroom floor plans are spacious with carpeted living areas, bedroom-level separation, and sliding glass doors opening to private concrete back patios on each unit. This is an excellent operational value-add play by implementing utility bill-backs (RUBS) and getting rents to market. A short path to filling the remaining vacancy proposes a rent roll of $9,685/mo.
Listing Provided Courtesy of Cory Carlson, Constant Commercial Real Estate Inc
General Information
340491813
1
DOM
15
0.32 acres
14
6500
1977
R3
Clackamas
01093239
Molalla
Molalla River 5/10
Molalla
MultiFamily
370 METZLER & HARTS ADD TO MOLALLA LT 10 BLK 9
Listing Provided Courtesy of Cory Carlson, Constant Commercial Real Estate Inc
Krishna Realty data last checked: Apr 17, 2026 03:38 | Listing last modified Apr 15, 2026 08:57,
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Residence Information
6500
15
14
2
1977
No
VinylSiding
Features and Utilities
WallHeater
PublicSewer
Electricity
Financial
9133.88
MaintenanceGrounds,Sewer,TrashCollection,Water
Cash,Conventional
04-14-2026
No
No
Comparable Information
1
3
Cash,Conventional
$975,000
$975,000
Apr 15, 2026 08:57
Schools
private Elementary : MolallaN/ARatingscharter Middle : Molalla River
5/10Ratingsprivate High : MolallaN/ARatings
Map
Listing courtesy of Constant Commercial Real Estate Inc.
Well-maintained 7-unit apartment community blocks from downtown Molalla situated on a clean, manicured .32 acre lot. The current ownership has executed a methodical renovation program: four of six two-bedroom units and the three bedroom unit have been updated with new cabinetry, appliances, LVP flooring, updated light fixtures, and fresh paint throughout. Units are being converted to include in-unit laundry on each turnover, with 5/7 already complete. The two-story 2 bedroom floor plans are spacious with carpeted living areas, bedroom-level separation, and sliding glass doors opening to private concrete back patios on each unit. This is an excellent operational value-add play by implementing utility bill-backs (RUBS) and getting rents to market. A short path to filling the remaining vacancy proposes a rent roll of $9,685/mo.
