315 E 3rd St, Molalla, OR 97038
Property image
Property image
OFF MARKET

$327,000

Trulia Estimate
as of Sep 28, 2026
  • 2 Beds
  • 1 Bath
  • 940 sqft

315 E 3rd St, Molalla, OR 97038

Home Highlights

Single-Family Home
940 sqft
$348/sqft

Local Information

  • Map ViewExplore the area around 315 E 3rd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Beautiful viewOne car garageOff-street parkingForced air furnace
Amazing cottage home in a great neighborhood of molalla. Beautifull hard wood floors. Close to schools, shopping and in town, walking with a beautiful view.
2 nice bedrooms. Living room with wood burning fireplace. One car garage and additional storage room behind garage. Shaded backyard with nice deck. Off-street parking.
washer / dryer hook up. Forced air furnace. Garbage service included in monthly rent.

Owner pays for garbage tenant pays electricity gas.
Water and sewer.
No smoking, no pets
315 E 3rd St, Molalla, OR 97038 is a 2 bedroom, 1 bathroom, 940 sqft single-family home. It last sold for $110,000 on Sep 2, 2014 (5,400% above the $2,000 asking price). More recently, it was listed as a rental in June 2026 with an asking price of $2,000 per month. That rental listing was removed on July 8, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $327,000, with a rent estimate of $2,009/month.

Home Details for 315 E 3rd St

Interior Features

Heating & Cooling
Heating: Wall Furnace, FireplaceHeating Fuel: Wall Furnace
Appliances & Utilities
Refrigerator
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Detached Off Street, On Site

Comparable Sales for 315 E 3rd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
315 Berkley Ave, Molalla, OR
0.06
Single-Family Home
$220,000
04/30/26
2
1
954 sqft
208 S Swiegle Ave, Molalla, OR
0.06
Single-Family Home
$311,000
07/09/26
2
1
1,016 sqft
208 Swiegle Ave, Molalla, OR
0.06
Single-Family Home
$311,000
07/09/26
2
1
1,016 sqft
316 Berkley Ave, Molalla, OR
0.06
Single-Family Home
$430,000
10/28/25
3
1
1,081 sqft
324 Berkley Ave, Molalla, OR
0.07
Single-Family Home
$435,000
10/31/25
2
1
1,872 sqft
122 N Cole Ave, Molalla, OR
0.32
Single-Family Home
$355,000
01/21/26
2
1
769 sqft
416 Kennel Ave, Molalla, OR
0.44
Single-Family Home
$280,000
09/14/26
2
1
994 sqft
306 N Cole Ave, Molalla, OR
0.48
Single-Family Home
$265,000
10/31/25
2
1
866 sqft
163 Indian Oak Ct, Molalla, OR
0.36
Single-Family Home
$425,000
07/14/26
3
1
1,263 sqft
515 May St, Molalla, OR
0.20
Single-Family Home
$419,000
06/24/26
3
2
1,492 sqft

Nearby homes

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Rental Market Trends in Molalla

Last updated Sep 2026
Trulia Rent Estimate$2,009/mo
Average rent
$1.7K
$147MoM
Available listings
15
View rental market trends in Molalla, OR

Around this home

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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    Flag
  • 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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    Flag
  • 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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LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Jul 8, 2026
Source: Zillow Rentals
ListingRemoved
$2,000
Jun 24, 2026
Source: Zillow Rentals
Listed For Rent
$2,000
Jan 21, 2026
Source: Zillow Rentals
ListingRemoved
$2,000
Dec 2, 2025
Source: Zillow Rentals
Listed For Rent
$2,000
May 14, 2024
Source: Zillow Rentals
ListingRemoved

Frequently asked questions about 315 E 3rd St

  • What is 315 E 3rd St estimated to be worth?
    Trulia's estimated value for 315 E 3rd St in Molalla, OR is $327,000.
  • What is the price history for 315 E 3rd St?
    315 E 3rd St in Molalla, OR last sold for $110,000 in September 2014.
  • 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.
  • Does 315 E 3rd St have parking?
    Yes, 315 E 3rd St in Molalla, OR has on-site parking.

Homes for rent near 315 E 3rd St

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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