408 E 2nd St, Molalla, OR 97038
Property image
Property image
OFF MARKET

$448,100

Trulia Estimate
as of Oct 4, 2026
  • 4 Beds
  • 2 Baths
  • 1,836 sqft

408 E 2nd St, Molalla, OR 97038

Home Highlights

Single-Family Home
1,836 sqft
$244/sqft

Local Information

  • Map ViewExplore the area around 408 E 2nd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Remodeled interiorUpdated appliancesHardwood refinished floorsOff street parking available
amazing 4 bedroom 2 bath with updated appliances and remodeled interior. very nice hardwood refinished floors.
close to downtown town Molalla. 2 main floor bedrooms and 2 upstairs bedrooms.

tenant pays utilities of water, electric, gas and garbage. landscaping to be performed by tenant. off street parking available.
408 E 2nd St, Molalla, OR 97038 is a 4 bedroom, 2 bathroom, 1,836 sqft single-family home. It last sold for $375,000 on Jan 22, 2025 (13,661% above the $2,725 asking price). More recently, it was listed as a rental in May 2026 with an asking price of $3,200 per month. That rental listing was removed on August 25, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $448,100, with a rent estimate of $2,844/month.

Home Details for 408 E 2nd St

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherRefrigerator
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood, Tile

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site

Comparable Sales for 408 E 2nd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
515 May St, Molalla, OR
0.24
Single-Family Home
$419,000
06/24/26
3
2
1,492 sqft
621 Kimberly Ct, Molalla, OR
0.23
Single-Family Home
$370,774
11/20/25
3
2
1,251 sqft
128 Finneys Ave, Molalla, OR
0.24
Single-Family Home
$525,000
05/28/26
4
3
1,905 sqft
225 N Molalla Ave, Molalla, OR
0.29
Single-Family Home
$415,000
12/11/25
3
2
1,212 sqft
324 Berkley Ave, Molalla, OR
0.11
Single-Family Home
$435,000
10/31/25
2
1
1,872 sqft
218 Finneys Ave, Molalla, OR
0.32
Single-Family Home
$533,000
04/30/26
4
3
2,087 sqft
207 Finneys Ave, Molalla, OR
0.33
Single-Family Home
$530,000
12/05/25
5
2
2,517 sqft
316 Berkley Ave, Molalla, OR
0.10
Single-Family Home
$430,000
10/28/25
3
1
1,081 sqft
506 Stowers Rd, Molalla, OR
0.45
Single-Family Home
$320,000
10/24/25
3
2
1,944 sqft
619 E Heintz St, Molalla, OR
0.36
Single-Family Home
$412,000
03/13/26
3
3
1,885 sqft

Nearby homes

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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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  • 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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LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Aug 25, 2026
Source: Zillow Rentals
ListingRemoved
$2,725
Aug 5, 2026
Source: Zillow Rentals
PriceChange
$2,725
Price decreased by 1%
Jul 18, 2026
Source: Zillow Rentals
PriceChange
$2,750
Price decreased by 2%
Jul 8, 2026
Source: Zillow Rentals
PriceChange
$2,800
Price decreased by 2%
Jun 19, 2026
Source: Zillow Rentals
PriceChange
$2,850
Price decreased by 5%

Frequently asked questions about 408 E 2nd St

  • What is 408 E 2nd St estimated to be worth?
    Trulia's estimated value for 408 E 2nd St in Molalla, OR is $448,100.
  • What is the price history for 408 E 2nd St?
    408 E 2nd St in Molalla, OR last sold for $375,000 in January 2025.
  • 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 408 E 2nd St have parking?
    Yes, 408 E 2nd St in Molalla, OR has on-site parking.

Homes for rent near 408 E 2nd 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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