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217 N Molalla Ave, Molalla, OR 97038

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For Sale

$614,900

1,884 sqft

Estimated Payment

$ 3,564 /mo. †

6.85% APR for 30 yrs.
$4,082 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $326.38
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Charming & Newly Renovated 3-Bedroom Home with Income-Producing Duplex in the Back! Welcome to this beautifully remodeled 3-bedroom, 2-bath home. The main house has been recently updated, with a brand-new kitchen, remodeled bathrooms, new appliances, plumbing, electrical, water heater, triple-pane windows, gas furnace & insulation. In addition to the main house, the property includes a fully rented duplex in the back with a separate entrance off Marson Ct, providing privacy & a steady stream of rental income. A garage with an attached workshop separates the house from the duplex, offering additional privacy between the two living spaces, making it ideal for both homeowners & tenants. Whether you re looking to make it your home, your office, or capitalize on its investment potential, this property truly has it all! Buyer due diligence for use. With mixed-use zoning, ample off-street parking, a convenient location & abundant storage space, the possibilities are endless!
MLS# 387209741

Courtesy Of MORE Realty

(503) 353-6673

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    None
  • Heating System
    Forced Air
  • Lot Size
    0.15 Acres

Map and Directions

Directions to 217 N Molalla Ave, Molalla, OR 97038

Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North Homes Realty

(503) 652-2260
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $3,223
  • Property Taxes
    $340
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $3,564

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Molalla Elementary School

Grades KG-5 Public School

Molalla, OR 97038 0.9 miles
910 toliver rd

404 total students
16:1 Student teacher ratio

School Rating: B-

School Details

Molalla River Middle School

Grades 6-8 Public School

Molalla, OR 97038 0.7 miles
318 leroy st

526 total students
20:1 Student teacher ratio

School Rating: C+

School Details

Molalla High School

Grades 9-12 Public School

Molalla, OR 97038 0.5 miles
357 e francis st

719 total students
20:1 Student teacher ratio

School Rating: B+

School Details
Other Nearby Schools Distance Type Grades School Rating
Country Christian School 3.3 miles Private PK-12
Molalla River Academy 3.3 miles Public KG-8 B-
Rural Dell Elementary School 3.6 miles Public KG-5 B
Mulino Elementary School 4.9 miles Public KG-5 B

Country Christian School

Distance: 3.3 miles

Type Private

Grades: PK-12

Molalla River Academy

Distance: 3.3 miles

Type Public

Grades: KG-8

B-

Rural Dell Elementary School

Distance: 3.6 miles

Type Public

Grades: KG-5

B

Mulino Elementary School

Distance: 4.9 miles

Type Public

Grades: KG-5

B

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Molalla, OR 97038

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Molalla, OR 97038

This community’s employment is highest in the agriculture and transportation industries. The area’s overall household expenses are below the national average.

74° August
Hottest Average Month
31° January
Coldest Average Month
6,263 Total Households in Area
0.6% Increase in population since the year 2010
35.8%
of households
have children
31 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Molalla, OR 97038

Molalla, OR 97038 has a population of 16,740 people in 6,263 households with a median age of 39 years old.

0.6%
Increase in population
since the year 2010
Population is Trending up
5,871
Total households as of 2010
6.1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 39 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 81%
Hispanic 13%
Other 7%
Asian 1%
Native American <1%
Black <1%
The most prevalent ethnicity is White at 81%, followed by Hispanic at 13%, Other at 7%, and Asian at 1%.

Economics
for Molalla, OR 97038

89 /sq mi
Population Density
$79,654 /yr
Median Household Income
$459,950
Median Sales Price
31 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.38% of the households.

Transportation to Work

  • Drive 84%
  • Work from Home 11%
  • Walk or Bike 4%
  • Public Transit 1%

Occupancy by Type

Owned 4,458 69%
Rented 1,805 28%
Vacant 226 3%

White vs Blue Collar Jobs







White Collar 59%
Blue Collar 41%

Family & Education Facts
for Molalla, OR 97038

39 Median Age

Average Household Size

2.7
persons per
household

52.8%

Married Households

Community Population By Education

High School Graduate 32%
Some College 30%
Bachelors Degree 14%
Associates Degree 12%
Some High School 7%
Graduate Degree 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 32.38% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
35.8% of households have children

Weather
for Molalla, OR 97038

The weather for this area ranges from a high of 74° F in August to a low of 31° F in January

74° August
Hottest Average Month
31° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
31°
44°
Feb
32°
47°
Mar
34°
51°
Apr
37°
54°
May
41°
60°
Jun
47°
66°
Jul
50°
74°
Aug
50°
74°
Sep
47°
70°
Oct
41°
59°
Nov
36°
49°
Dec
32°
45°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Molalla, OR 97038!
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Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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