This income property includes two buildings on two legal lots; a tri-plex built in 1995, and an older single-family home. All units are rented month to month with long-term tenants. The tri-plex's units are each 2 bedroom, 1 & 1/2 bath, around 1200 sqft. The home is around 533 sqft, 1 bed 1 bath. The R-3 zoning has the potential for higher density housing and future expansion. Buyer to do due diligence regarding land use.
Sold
$565,000
301 Hart Ave, Molalla, OR 97038
7beds
3,383sqft
Multi Family
Built in 1995
-- sqft lot
$703,500 Zestimate®
$167/sqft
$2,127 Estimated rent
Home value
$703,500
$647,000 - $760,000
$2,127/mo
Zestimate® history
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$2,127/mo
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$3,384/mo
Est. payment
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Higher density housing
Zillow last checked:
Listing updated:
Listed by:
Gary Musgrove 503-572-4857,
Berkshire Hathaway HomeServices NW Real Estate
Bought with:
Kaleigh Wheaton, 201217145
Clover Homes LLC
Source: RMLS (OR),MLS#: 23422135
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 4
- Partial bathrooms: 3
Heating
- Zoned
Appliances
- Included: Dishwasher, Range, Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 3,383
- Total interior livable area: 3,383 sqft
Property
Parking
- Total spaces: 5
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 0.30 Acres
- Dimensions: 134 x 100
- Features: Corner Lot, Level, SqFt 10000 to 14999
Details
- Parcel number: 01093346
- Zoning: R 3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1995
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Molalla
HOA & financial
Other financial information
- Total actual rent: 3490
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2024 | Sold | $565,000-4.2%$167/sqft |
Source:  RMLS (OR) #23422135 Report a problem | ||
| 1/28/2024 | Pending sale | $589,500$174/sqft |
Source: RMLS (OR) #23422135 Report a problem | ||
| 1/25/2024 | Listed for sale | $589,500$174/sqft |
Source: RMLS (OR) #23422135 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,259 +3.5% | $431,155 +3% |
| 2024 | $7,983 +17.7% | $418,598 +3% |
| 2023 | $6,780 +3% | $406,406 +3% |
| 2022 | $6,583 +4.3% | $394,569 +3% |
| 2021 | $6,313 +2.9% | $383,077 +3% |
| 2020 | $6,137 +3% | $371,920 +3% |
| 2019 | $5,958 +2.9% | $361,088 +3% |
| 2018 | $5,792 | $350,571 +3% |
| 2017 | $5,792 +10% | $340,360 +3% |
| 2016 | $5,264 | $330,447 +3% |
| 2015 | $5,264 +5.6% | $320,822 +10.5% |
| 2014 | $4,984 +25.7% | $290,274 +8.7% |
| 2013 | $3,965 -2% | $266,982 +0.6% |
| 2012 | $4,045 +0.8% | $265,452 0% |
| 2011 | $4,013 -5.8% | $265,502 -3.7% |
| 2010 | $4,257 -15% | $275,629 -12.5% |
| 2009 | $5,010 +2.6% | $314,974 +3% |
| 2008 | $4,883 +3.2% | $305,800 +3% |
| 2007 | $4,733 +2.9% | $296,893 +3% |
| 2006 | $4,601 +3.5% | $288,246 +3% |
| 2005 | $4,446 +7.6% | $279,850 +3% |
| 2004 | $4,131 +1.5% | $271,699 +3% |
| 2003 | $4,069 +1.4% | $263,785 +3% |
| 2002 | $4,012 +1.4% | $256,102 +3% |
| 2001 | $3,955 +6.3% | $248,643 +3% |
| 2000 | $3,720 | $241,401 |
Find assessor info on the county website
Neighborhood: 97038
Nearby schools
GreatSchools rating
- 7/10Molalla Elementary SchoolGrades: K-5Distance: 0.9 mi
- 7/10Molalla River Middle SchoolGrades: 6-8Distance: 0.7 mi
- 6/10Molalla High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Molalla
- Middle: Molalla River
- High: Molalla
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$703,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$703,500
- Oregon
- Clackamas County
- Molalla
- 97038
- 301 Hart Ave
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