Single-Story Duplex with Fenced
421 Toliver Rd, Molalla, OR 97038
For Sale
$475,000
Two matching units offer private outdoor space, storage, and laundry hookups.
Property Size1,560 SF
Price / SF$304.49
Days on Market53
Property Features for 421 Toliver Rd
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
completely fenced backyards
patios
storage sheds
updated countertops
laundry hook ups
separate driveways
wide parking spaces
Building Details
Year Built
Buildings
Stories
Listing Agency:
Legacy Realty Group
Listed By:
Robert Young · License OR #871100150
(503) 890-5863
Source:
Kingdomreal
Added: Sep 19
Changed: Oct 25
Last Checked: Oct 7 at 12:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legacy Realty Group
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Investment Insights
Based on property information with market context.
This 1,560-square-foot duplex contains two mirror-image, single-level residences, each arranged with 2 bedrooms and 1 bathroom. Both units include updated countertops, laundry hookups, patios, fenced backyards, and individual storage sheds. Separate driveways and wide parking areas serve the residences, while the roof was replaced in 2016.
Built in 1978, the property is located at 421 Toliver Rd in Molalla, Oregon. The matching layouts and separately accessed outdoor areas provide a consistent configuration across both units.
Built in 1978, the property is located at 421 Toliver Rd in Molalla, Oregon. The matching layouts and separately accessed outdoor areas provide a consistent configuration across both units.
Key Highlights
- Two‑unit, single‑level duplex totaling 1,560 square feet
- Each unit includes 2 bedrooms and 1 bathroom
- Fenced backyards with patios and separate storage sheds
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,030
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,600
$400.6K
Cap Rate 7%
$286,143
$286.1K
Cap Rate 9%
$222,556
$222.6K
Market Conditions
NOI Build-Up for 1,560 SF
Gross rent
$38.4K $24.60/SF
− Vacancy
−$2.0K −$1.25/SF
EGI
$36.4K $23.35/SF
− OpEx
−$16.4K −$10.51/SF
NOI
$20.0K $12.84/SF
Area
Clackamas County, OR
Vacancy
5.10%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,600
Cap Rate 7%
$286,143
Cap Rate 9%
$222,556
Alternative Uses
Best Use
Apartment 5plus
$286.1K
$250.4K – $333.8K
NOI $20,030 @ 7.0% cap · market cap 4.22%
Second Best
Multifamily LT 5
$279.9K
$244.9K – $326.6K
NOI $19,595 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$421.1K
$368.5K – $491.3K
NOI $29,476 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
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Business Placement
Demographics for 97038, OR
17,173
Population
6,423
Households
2.7
Avg Household Size
38
Median Age
20%
College-Educated
90%
High-School Grad
130.8 sq mi
ZIP Area
131
Density / Sq Mi
$87,585
Median Household Income
$45,681
Median Earnings
$1,497
Median Rent
$452,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Clackamas County, OR
Properties on Market for Duplexes in Clackamas County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching units offer private outdoor space, storage, and laundry hookups.
Where is this duplex located?
The property is located at 421 Toliver Rd Molalla, OR.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑unit, single‑level duplex totaling 1,560 square feet; Each unit includes 2 bedrooms and 1 bathroom; Fenced backyards with patios and separate storage sheds
