124 E 5th St, Molalla, OR 97038
Property image
Property image
OFF MARKET

124 E 5th St
Molalla, OR 97038

  • 3 Beds
  • 1 Bath
  • 2,428 sqft

$392,100

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,356/mo*
Refinance Your Home

$392,100

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,356/mo*
Refinance Your Home
3 Beds
1 Bath
2,428 sqft

Local Information

  • Map ViewExplore the area around 124 E 5th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1920
Living Area
2,428 sqft
Price/Sqft
$161
Parking
Garage

About this House

Excellent location, across the street from Rex Park and Molalla Library. Long-term renters. RV-parking, detached garages. Many updates to the lower unit. Upper unit has long-term renter. Would make excellent owner-occupied rental. 3-bed, 1-bath upstairs currently rents for $800/mo. 2-bed, 1-bath downstairs currently rents for $750.
124 E 5th St, Molalla, OR 97038 is a 3 bedroom, 1 bathroom, 2,428 sqft multi-family built in 1920. It last sold for $208,000 on Oct 20, 2015. More recently, it was listed as a rental in October 2015 with an asking price of $1,150 per month. That rental listing was removed on November 27, 2015. It is currently off market. The Trulia Estimate is $392,100, with a rent estimate of $1,655/month.

Home Details for 124 E 5th St

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Attic

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Wood
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1920Year Updated: 1920
Property Type / Style
Property Type: Multi FamilyArchitecture: Cape Cod

Community

Units in Building: 2

Lot Information

Lot Area: 7413 sqft

Mobile R/V

RV Parking
Rv Parking

Price History for 124 E 5th St

DatePriceEventSource
11/27/2015$1,150ListingRemovedAgent Provided
10/31/2015$1,150Listed For RentAgent Provided
10/20/2015$208,000Sold
RMLS (OR) #15110907
07/11/2015$199,500PendingAgent Provided
02/11/2003$97,845Sold
N/A
09/18/1997$118,500Sold
N/A

Market trends in Molalla

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
54
1MoM
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Property Tax and Assessment

Year2025
Tax$2,946
Assessment$400,328
Home facts updated by county records

Comparable Sales for 124 E 5th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
430 Metzler St, Molalla, OR
0.13
Multi-Family Home
$1,000,000
06/17/26
15
14
6,500

Nearby homes

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Assigned Schools

These are the assigned schools for 124 E 5th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Molalla

At least 55 Trulia users voted on each feature.

  • 87 % Say it's dog friendly

  • 85 % Say yards are well-kept

  • 82 % Say car is needed

  • 78 % Say parking is easy

  • 69 % Say kids play outside

  • 67 % Say there's holiday spirit

  • 63 % Say there are sidewalks

  • 62 % Say people would walk alone at night

  • 61 % Say it's quiet

  • 56 % Say neighbors are friendly

  • 53 % Say it's walkable to restaurants

  • 51 % Say there's wildlife

  • 45 % Say they plan to stay for at least 5 years

  • 43 % Say streets are well-lit

  • 33 % Say it's walkable to grocery stores

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Davlynn2707
    "Conservative values, country living, neighbors help neighbors - love the 4th of July Buckaroo rodeo "
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  • Miatalvan07
    "We love our neighborhood. Its safe, friendly, and great for raising a family. The school boundaries are odd because they try to fill all 3 elementary schools in the area but the schools are generally good about letting you switch if they send you to Mulino or Rural Dell."
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  • Miatalvan07
    "Commute is great unless you work 9-5, then you get caught in Oregon City or Wilsonville/I5 traffic. We love it here."
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  • Gallaght
    "Lots of neighbor participation in various holiday events like Halloween, Christmas, and fourth of July. "
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  • Annie W.
    "I drive into Colton to work. Molalla is just far enough out of town without loosing your essentials. You still have to drive most places "
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  • Katie V.
    "No one picks up after their pets. There are many break ins in the area, the roads and sidewalks are seldom maintained. ODOT has refused to put in intersections and sidewalks, especially at the four way in the center of town. Where it has been needed for over a decade now. "
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  • Randy R.
    "Has some issues as all towns do. Certain crimes are on the rise and have been example: car thefts/break in. Drugs are bad in certain areas of town as well. "
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  • Randy R.
    "People never pick up their dog poop. They feel entitled to just leave poop all over. I mean if you like stepping in it then it’s perfect for you. Also there’s a lot of sketchy things out here so walking at night is defiantly a no go. Also can’t forget crossing the streets people rarely stop we just had a kid hit the other week! "
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  • Tara.thewarborngroup
    "It’s nice. Lots of druggies downtown though............................................................"
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  • Jason B
    "I commute to Hillsboro. Fabulous 1 hour drive on the way in, 1.5 hour drive on the way back. Beautifully scenic terrestrial views abound. "
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  • Barb B.
    "Great, small community. Close to the wilderness yet not far for the city. Low crime, Molalla Buckaroo brings a lot of people to town. "
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  • Reannajoy1994
    "the community is fairly dog friendly. the bar I work at allows dogs and my family constantly walks our dogs around with no issues. Clark park is a great local area for fetch. "
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Apartments for Rent

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Explore by feature - Pet Friendly

6 pet-friendly rentals in Molalla, OR

Explore by feature - Air Conditioning

7 rentals with air conditioning in Molalla, OR

Explore by feature - Washer/dryer

11 rentals with a washer/dryer in Molalla, OR

Homes for sale near 124 E 5th St

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Off Market Homes Near 124 E 5th St

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Frequently asked questions about 124 E 5th St

  • What is 124 E 5th St estimated to be worth?
    Trulia's estimated value for 124 E 5th St in Molalla, OR is $392,100.
  • What is the price history for 124 E 5th St?
    124 E 5th St in Molalla, OR last sold for $208,000 in October 2015.
  • Is Molalla a buyer's or seller's market?
    Molalla is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Molalla?
    Residents describe Molalla, OR as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Molalla, OR.