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430 Metzler St, 
Molalla, OR 97038

$975,000

—

Bed

—

Bath

6,500

Sq Ft

Multi-Family

Pending

Listed by

Cory Carlson

Constant Commercial Real Estate Inc

503-222-0282

Last updated:

May 17, 2026, 07:17 AM

MLS#

340491813

Source:

PORTLAND

About This Home

430 Metzler St

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.

Home Facts

Multi-Family

Built in 1977

Price Summary

975,000

$150 per Sq. Ft.

MLS #:

340491813

Last Updated:

May 17, 2026, 07:17 AM

Added:

a month ago

Rooms & Interior

Interior

Living Area:

6,500 Sq. Ft.

Structure

Structure

Building Area:

6,500 Sq. Ft.

Year Built:

1977

Lot

Lot Size (Sq. Ft):

13,939

Finances & Disclosures

Finances

Price:

$975,000

Price per Sq. Ft:

$150 per Sq. Ft.

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Coldwell Banker Farley Company are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: May 17, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.