$749,999
$50K PRICE DROP

704 Patrol St Molalla, OR 97038

Estimated payment $4,787/month

Total Views 9,886
6 Beds
4 Baths
3,656 Sq Ft
$205 Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Level Lot
  • Storage
  • High Speed Internet
  • Wood Siding

About This Home

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 mutual accepted offer only. Please do not disturb tenants.

Listing Agent

Debby Calhoun

Safe Harbor Realty Brokerage Email: Safeharbordeb@gmail.com License #200407029 Listed on: 04/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,498

Year Built

  • Built in 1979

Lot Details

  • 0.29 Acre Lot
  • Property fronts a private road
  • Level Lot

Home Design

  • Converted Dwelling
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 3,656 Sq Ft Home
  • 1-Story Property
  • Storage

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Schools

  • Molalla Elementary School
  • Molalla River Middle School
  • Molalla High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 01099974

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,860
  • Gross Income $58,800
  • Net Operating Income $47,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,498

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1979
  • Property Condition: Converted
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Attached
  • Total Bedrooms: 6
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Cedar,WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, PrivateRoad, PublicRoad
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: None
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Molalla
  • High School: Molalla
  • Middle Or Junior School: Molalla River

Lot Info

  • Zoning: R-1
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632.0
  • Parcel #: 01099974

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 9498.41
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.76
  • Annual Gross Income: 58800.0
  • Property Net Operating Income: 47940.0
  • Annual Operating Expense: 10860.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,498 $498,034 -- --
2023 $9,498 $483,529 $0 $0
2022 $5,246 $314,481 $0 $0
2021 $5,031 $305,322 $0 $0
2020 $5,031 $274,845 $0 $0
2019 -- $307,115 $0 $0
2018 -- $285,621 $0 $0
2017 -- $313,444 $0 $0
2016 -- $304,315 $0 $0
2015 -- $295,451 $0 $0
2014 -- $257,650 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $749,999 -3.2% $205 / Sq Ft
05/12/2025 05/12/25 Price Changed $774,999 -3.1% $212 / Sq Ft
04/25/2025 04/25/25 For Sale $799,999 +200.8% $219 / Sq Ft
07/01/2019 07/01/19 Sold $266,000 -11.0% $73 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
05/06/2019 05/06/19 Price Changed $299,000 -25.1% $82 / Sq Ft
04/02/2018 04/02/18 For Sale $399,000 -- $109 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $266,000 Deschutes County Title
Warranty Deed -- None Available
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 254790875

Regional Multiple Listing Service (RMLS)

APN: 01099974

Oregon Clackamas County Molalla 97038

704 Patrol St, Molalla, OR

This home is located at 704 Patrol St, Molalla, OR 97038 and is currently priced at $749,999, approximately $205 per square foot. This property was built in 1979. 704 Patrol St is a home located in Clackamas County with nearby schools including Molalla River Academy, Country Christian School, and Oregon Outreach - Molalla Pride.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) 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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Debby Calhoun
Listing Agent
Debby Calhoun
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Safe Harbor Realty
(360) 931-8000