Frances Street Multifamily

For Sale

110, 112, 114, 116, 122 Frances St, Molalla, OR 97038

This Molalla property for sale is located at 110, 112, 114, 116, 122 Frances St. The current listed sale price for Frances Street Multifamily is $1,200,000. Frances Street Multifamily is situated on a lot that is 0.8 acre in size.

Contacts

broker

Peter Braunworth

Coho Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 3,804 SF
  • Units 5
  • Lot Size 0.8 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1968
  • Date Updated Nov 19, 2024
Located off of Frances Street in a shared lot.This offering package consists of two tax lots with five total living units. One tax lot has two duplexes (totaling 4 units) and the other has 1 single-family residence with a garage. The property produces strong cash-flow with great upside potential. See attached offering memorandum for more details including operating income and expenses.

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Highlights

  • - 3,804 SF building with 5 units
  • - Built in 1968, offering classic appeal
  • - Zoned Molalla-R1 for multifamily use
  • - Prime location in the Molalla area
  • - 100% occupancy for immediate income
  • - Well-maintained and move-in ready
  • - Strong rental history for investment stability
  • - Spacious units for tenant comfort
  • - Great opportunity for value-add strategies
  • - Low-rise/garden style ideal for multifamily investor

Getting around

  • 50/100

    Walk Score ®

  • 55/100

    Bike Score ®

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Location

  • City Molalla, OR
  • Neighborhood Molalla
  • Zip Code 97038
  • Market Portland

Points of Interest

  • Molalla Gas & Grocery

    0.42 miles

  • Safeway

    1.48 miles

  • Chevron

    1.51 miles

  • 76

    4.74 miles

  • Pacific Pride

    9.47 miles

  • Space Age

    9.56 miles

  • Additional Bus Parking

    1.31 miles

  • Bus Parking Lot

    1.36 miles

  • Wagonwheel Park Parking Lot

    3.18 miles

  • Amanda's Trailhead

    7.27 miles

  • Americorps Trailhead

    7.73 miles

  • Sandquist's Trailhead

    8.08 miles

  • Hardy Creek Trailhead

    8.89 miles

  • Stagecoach

    0.25 miles

  • The Prairie House Inn

    0.51 miles

  • Bi-Mart

    0.59 miles

  • Safeway

    1.41 miles

  • Fred Meyer

    9.28 miles

  • Cutsforth's

    9.52 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Peter Braunworth

Coho Commercial