This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$1,000,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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.
Full Property Details
Full Property Details for 430 Metzler St
General
- Sold For: $1,000,000
- Taxes: $9,133 (2025)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 340491813
- Added to Site: 129 day(s) ago
Rental Information
- Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Parking
- Total Spaces: 15
Location
- County: Clackamas
- Driving Directions: South of S Molalla ave, turn west on section St
School Information
- Midd School District: Molalla River
- Elementary School: Molalla
- Middle School: Molalla River
- High School: Molalla
Community
- Community Name: 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino
Heating & Cooling
- Heating Type: Wall Heater
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Stories/Levels: 2
- Square Feet: 6,500
- Year Built: 1977
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939
- Lot Size: 10, 000 to 14, 999 SqFt
Financial Considerations
- Operating Expenses: $50,187
- Tax Amount: $9,133.88
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 1093239
Listed by Constant Commercial Real Estate Inc (503) 222-0282, Cory Carlson (503) 222-0282
Sold by RE/MAX Equity Group (503) 635-2660, Kaytee Horton
Get Pre-Approved Today
Schools
Schools serving 430 Metzler St
School District:Molalla River School District 35
| Name | Grades | Distance |
|---|---|---|
Molalla Elementary School 910 Toliver Road, Molalla, OR 97038 | K-5 | 0.9 mi |
Molalla River Middle School 318 Leroy Avenue, Molalla, OR 97038 | 6-8 | 0.7 mi |
Molalla High School 357 Frances Street, Molalla, OR 97038 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 430 Metzler St
Date
Details
Price
Change
Source
6/17/2026
Sold
$1,000,000
2.56%
MLS
4/14/2026
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
430 Metzler St, Molalla, OR 97038 (MLS# 340491813) is a Multi-Family property that was sold at $1,000,000 on June 17, 2026. Want to learn more about 430 Metzler St? Do you have questions about finding other Multi-Family real estate for sale in Molalla? You can browse all Molalla real estate or contact a Coldwell Banker agent to request more information.

