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Molalla, OR Multifamily Homes & Duplexes for Sale

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  • 118 Engle Ave, Molalla, OR 97038
    118 Engle Ave, Molalla, OR 97038
    118 Engle Ave, Molalla, OR 97038
    /40

    $425,000

    • 3 Beds
    • 3 Baths

    118 Engle Ave, Molalla, OR 97038

    *The Commercial unit rent increase to $1,400 coming Jan. 1, 2026! Versatile Investment Property with Two Apartments, 1 commercial unit In A Prime Location! Incredible investment opportunity in a buzzing commercial corridor! This unique property offers the best of both worlds. There's a spacious commercial unit currently with two 26’x16’ salon-style suites, each equipped with a closet and private

    Agent Photo

    Nick Shivers

    Keller Williams PDX Central

    (503) 755-9313

    118 Engle Ave, Molalla, OR 97038
  • 36175 S Highway 213, Molalla, OR 97038
    36175 S Highway 213, Molalla, OR 97038
    36175 S Highway 213, Molalla, OR 97038
    /42

    $720,000 Open Sat 11AM - 4PM

    • 4 Beds
    • 2.5 Baths
    • 2,294 Sq Ft

    36175 S Highway 213, Molalla, OR 97038

    This charming 4-bedroom, 2-bathroom farmhouse is situated on a picturesque 2 acres in the Silver Fall School District. Spanning 2,294 square feet, this home beautifully combines timeless character with modern comforts, featuring original shiplap, stunning hardwood floors, and a cozy new fireplace. The main floor has new flooring and a fresh coat of paint, enhancing its appeal. Additionally,

    Amy Price BST Realty LLC

    36175 S Highway 213, Molalla, OR 97038
  • 947 Meadowlark Place, Molalla, OR 97038
    947 Meadowlark Place, Molalla, OR 97038
    947 Meadowlark Place, Molalla, OR 97038
    /42

    $514,000

    • 4 Beds
    • 3 Baths
    • 2,486 Sq Ft

    947 Meadowlark Place, Molalla, OR 97038

    Charming 4 bedroom, 3 bath, 2 story home in a wonderful neighborhood, Lots of character and original detail. fully fenced backyard, ample lighting throughout the whole home, new carpet, new laminate, new interior paint, pex plumbing redone in the entire home in 2021, hot water heater replaced in 2021, all new toilets, plumbing fixtures, and kitchen sink in 2021. House priced in consideration for

    HEATHER YATES HomeSmart Realty Group

    947 Meadowlark Place, Molalla, OR 97038
  • 704 Patrol St, Molalla, OR 97038
    704 Patrol St, Molalla, OR 97038
    704 Patrol St, Molalla, OR 97038
    /34

    $749,999

    • 6 Beds
    • 4 Baths
    • 3,656 Sq Ft

    704 Patrol St, Molalla, OR 97038

    HUGE beautifully remodeled duplex in quiet Molalla neighborhood. Close to great schools and downtown restaurants and shopping. Both units are 1 level with minimal stairs. Both units are rented for $2450 each. $4900 monthly income. Great return on investment. Both were newly remodeled down to the studs. All pictures with a 2 are larger back unit. Quiet established neighborhood. Viewings with

    Debby Calhoun Safe Harbor Realty

    704 Patrol St, Molalla, OR 97038
  • 619 E Heintz St, Molalla, OR 97038
    619 E Heintz St, Molalla, OR 97038
    619 E Heintz St, Molalla, OR 97038
    /31

    $429,900 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,885 Sq Ft

    619 E Heintz St, Molalla, OR 97038

    Brand new and beautifully finished, this 3 bedroom, 2.5 bathroom townhome offers modern style and effortless living. The open layout flows seamlessly, showcasing custom cabinetry in both the kitchen and bathrooms, quartz countertops, and stainless steel appliances. Both front and back yards are thoughtfully landscaped with easy-care turf- perfect for outdoor enjoyment with minimal upkeep. A

    Luba Stakhov Great Western Real Estate Co

    619 E Heintz St, Molalla, OR 97038
Oregon Clackamas County Molalla

Multi-Family Homes & Duplexes for Sale in Molalla, OR

Why Live in Molalla

Molalla, Oregon, located in the Willamette Valley, is a small town with a population of around 10,000, nestled in the foothills of the Cascade Range. Known for its rural charm and proximity to Portland, about 45 minutes away, Molalla has seen significant growth since the early 2000s. The town's history is deeply rooted in the timber and logging industries, with RSG Forest Products still a major employer. Housing options in Molalla range from midcentury homes and historic farmhouses to new subdivisions like Bear Creek, established in 2018. The area is ideal for outdoor enthusiasts, featuring attractions such as the Molalla River Recreation Corridor and Ivor Davies Nature Park, which offers a fishing pond and disc golf course. The Molalla Buckeroo arena hosts an annual rodeo and Apple Festival, drawing visitors to this community. Downtown Molalla, centered along Main Street, offers local businesses, boutiques, and dining options, while shopping plazas like Molalla Market Center provide access to grocery stores and national retailers. The town is car-dependent, with limited public transit, but state highways 211 and 213 facilitate travel to nearby urban centers. Molalla River School District serves local students, though it receives a moderate rating. For air travel, Portland International Airport is 33 miles away.

Learn more about living in Molalla

Home Trends in Molalla, OR

On average, homes in Molalla, OR sell after 39 days on the market compared to the national average of 53 days. The median sale price for homes in Molalla, OR over the last 12 months is $445,000, consistent with the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$445,000
Median Single Family Sale Price
$445,000
Average Price Per Sq Ft
$299
Number of Homes for Sale
2
Last 12 months Home Sales
55
Months of Supply
0.40
Median List Price
$439,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%
How to Buy a Home How to Finance a Home How to Sell a Home

In Molalla, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $425,000 to $749,999, there's a range to accomodate every budget. As of November, 2025 the median home price in Molalla is $439,000, while the average sale price is $451,594, offering insights into the local housing market. On average, multi-family homes spend 39 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Molalla, OR.

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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 Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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