430 Metzler St, Molalla, OR 97038

Molalla
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
430 Metzler St,Molalla, OR 97038
$975,000
  • - Beds
  • - Baths
  • 6,500 sq. ft.
  • Multi-family
  • Active
Listed by: cory carlson
Office: constant commercial real estate inc503-222-0282
MLS#:340491813
Source:PORTLAND

Price summary

  • Price:$975,000
  • Price per sq. ft.:$150

About this home

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.

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Home facts

  • Year built:1977
  • Listing ID #:340491813
  • Added:1 day(s) ago
  • Updated:April 15, 2026 at 11:33 PM

Rooms and interior

  • Living area:6,500 sq. ft.

Structure and exterior

  • Year built:1977
  • Building area:6,500 sq. ft.
  • Lot area:0.32 Acres
  • Levels:2 Stories

Schools

  • High school:Molalla
  • Middle school:Molalla River
  • Elementary school:Molalla

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$975,000
  • Price per sq. ft.:$150
  • Tax amount:$9,134 (2025)

Parking

  • Total parking spaces:15
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The 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 brokerage firms other than Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: April 15, 2026

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