$500000
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5 Bed
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3 Bath
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2004 SqFt
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17 DOM
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Built: 1930
- Status: Active
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Charming Updated 1930s Bungalow with ADU – Move-In Ready with Income Potential! Step into timeless character and modern comfort in this updated 1930s bungalow, fully remodeled in 2017–2018 with thoughtful upgrades throughout. The 3-bedroom, 1.5-bath main house features updated plumbing, water heater, electrical, flooring (laminate, tile, carpet), windows, and a fully remodeled kitchen and primary half bathroom. A 2019 HVAC installation ensures year-round comfort. Classic charm remains with original hardwood preserved under the living room carpet. Tucked away behind the main home is a fully remodeled 2-bedroom, 1-bath ADU, updated with a new roof, windows, plumbing, and flooring in 2017. This unit offers flexibility as guest space, extended family housing, or rental income. The current tenant is reliable, month-to-month, and would love to stay if the buyer wishes. Access to the ADU via the alley between East 2nd and East 3rd Street. With modern systems, stylish finishes, and excellent income potential, this home is ideal for multi-generational living, investors, or anyone seeking a turn-key opportunity with vintage charm. Shown by appointment only - Do not disturb the tenant.
Listing Provided Courtesy of Andrea Parmelee, Premiere Property Group, LLC
General Information
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157366258
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17 DOM
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5
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6098.4 SqFt
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3
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2004
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1930
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R3
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Clackamas
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01098877
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Molalla
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Molalla River
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Molalla
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MultiFamily
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333 GREGORYS 1ST ADD LT 4 BLK 7
Listing Provided Courtesy of Andrea Parmelee, Premiere Property Group, LLC
PDXA1 Realty Group data last checked: Jul 06, 2025 01:07 | Listing last modified Jun 19, 2025 07:32,
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Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
— Jagathishp
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
— Ramren Garajan
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