new - 2 days on rocket

701 Molalla Ave, Oregon City, OR, 97045

$1,450,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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701 Molalla Ave, Oregon City$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingGarage
Garage4 spaces
Year Built2024
HeatingZoned
CoolingZoned
ViewTerritorial, Trees/Woods
MLS #24072806
Lot Size0.21 Acres
StatusActive

About 701 Molalla Ave

Great opportunity for investor or owner-occupied. Brand new four-plex in historic Oregon City. Huge garage underneath, peekaboo views of downtown Portland, excellent rental mix. One unit left vacant to view. Seller can be creative on financing, will carry second mortgage for qualified buyer, make take trade for partial down payment. Income and expenses are TBD as building is new. Taxes are not fully assessed.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 3

Listing Office:

  • Office Name: Kaer Property Group
  • Office Phone: (503) 699-3980
  • Listing Agent: Steve Kaer

Exterior Features

Exterior Information:

  • View: Territorial, Trees/Woods

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Gentle Sloping
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Zoned
  • Cooling: Zoned

Other

Directions Information:

  • Directions: 7th Street to Molalla Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
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Housing Market Comparison

See how this home compares to others in Oregon City, OR.

Med. Sold Price

$599.7K

Med. Price/SqFt

$301

Avg. Days On Market

50

# of Sold Homes

49

701 Molalla Ave vs Oregon City

2 DAYS ON ROCKET

-48 Days

$1,450,000

+$850.2K More

KEY TAKEAWAY

This property is $850.2K more than the Median Sold Price in Oregon City, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24072806

Listing Office:

  • Office Name: Kaer Property Group
  • Office Phone: (503) 699-3980
  • Listing Agent: Steve Kaer

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 5:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-384954
4
/10
  • Gaffney Lane Elementary School

  • 13521 Gaffney Ln

  • 1.43 miles

  • Public District Grades KG-5

school-card-donut-384955
9
/10
  • Sunset Primary School

  • 2351 Oxford St

  • 1.81 miles

  • Public District Grades PK-5

school-card-donut-384956
7
/10
  • John McLoughlin Elementary School

  • 19230 S End Rd

  • 2.00 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,148. The majority of Oregon City, OR residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 701 Molalla Ave

What is the listing price of this property?

The listing price of 701 Molalla Ave property is $1,450,000.

What type of property is this?

The property 701 Molalla Ave is a house located in Oregon City, Oregon, 97045.

Is this property for sale now?

Active Listing: 701 Molalla Ave is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 701 Molalla Ave is 2024.

Rocket Homes›Oregon›Clackamas County›Oregon City›97045›701 Molalla Ave

This home is located at 701 Molalla Ave in Oregon City, OR and zip code 97045 in the Mountain View neighborhood. This home, which was built in 2024, sits on a 0.21 acre lot. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $1,450,000.

While more than 14 listings in Oregon City, OR in October 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 24 were sold below. In October 2024 in Oregon City, OR there were 3.8% less homes for sale than in September 2024. While the average time on the market in October 2024 was 50 days, the median list price was $599,750.

From Rocket Homes Real Estate and based on county public records data.

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