1. Oregon
  2. Molalla
  3. 118 ENGLE Ave
$425,000

118 ENGLE Ave, Molalla, OR 97038

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Versatile Commercial Property with Two Apartments 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 bathroom, plus an additional private office space. This commercial section features a separate entrance to maintain business privacy and flow. Additionally, there are two charming 1-bedroom apartments with their own private entrances, perfect for owner-occupancy or tenant rental. The residential units include living room/kitchens, a cozy bedroom, and a bathroom with a walk-in shower making this an ideal setup for live/work flexibility or added passive income. Strategically located in a high-traffic area, close to public transportation, and surrounded by thriving local businesses, it's the perfect setup to draw in clientele and benefit from surrounding activity. Zoned for various commercial uses – confirm specifics with the city. Don’t miss this chance to establish your business or expand your portfolio with a multi-use, income-producing property in a high-demand area!

Listing Status:
Active
Date Added:
August 15, 2025 at 05:00AM
Listing Office:
Keller Williams PDX Central : 503-548-4848
Listing Agent:
Nick Shivers : 503-594-0805
MLS ID:
576668239
  • A/C: Wall unit
  • Heating: Zoned
  • General: Wood siding
  • Parking: Off streetParking spaces: 7
  • Roofing: Composition
  • Road/Access: Paved
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Clackamas
  • Zoning: Comm333 GREGORYS 1ST ADD LT 9 BLK 101099028
  • Water: Public water
  • Sewer: Public sewer
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Nick Shivers, Keller Williams PDX Central

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Molalla Elementary School

910 Toliver Rd, Molalla, OR, 97038

Grades KG-5

0.98 miles away

M

Molalla River Middle School

318 Leroy St, Molalla, OR, 97038

Grades 6-8

0.70 miles away

M

Molalla High School

357 E Francis St, Molalla, OR, 97038

Grades 9-12

0.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.