508 E Main St, Molalla, OR 97038
Property image
Property image
OFF MARKET

$1,491,900

Trulia Estimate
  • 16 Beds
  • 18 Baths
  • 11,009 sqft (on 0.30 acres)

508 E Main St, Molalla, OR 97038

Est. Refi. Payment $9,225/mo*
Refinance Your Home
Currently Off Market - Sold Mar 8, 2004 for $123,500

Home Value

Trulia Estimate
$1.49M
Since last month
Decreased$36K (-2.3%)
Since last year
Decreased$69K (-4.4%)
Since last sale
Increased$1M (+1,108%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +91% in the last 10 years
MonthEstimated value
2026
September 2026$1.49M
August 2026$1.53M
July 2026$1.53M
June 2026$1.53M
May 2026$1.53M
April 2026$1.49M
March 2026$1.53M
February 2026$1.55M
January 2026$1.52M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
430 Metzler St, Molalla, OR
0.43
Multi-Family Home
$1,000,000
06/17/26
15
14
6,500

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
523 E 2nd St, Molalla, OR 97038
0.03
$447,000
3
1
1,374
Off Market
105 Fenton Ave, Molalla, OR 97038
0.05
$473,900
3
1
1,570
Off Market
201 Lola Ave, Molalla, OR 97038
0.05
$364,500
3
2
1,206
Off Market
114 Lola St, Molalla, OR 97038
0.05
$311,800
2
1
1,800
Off Market
617 E Main St, Molalla, OR 97038
0.09
$227,600
-
-
-
Off Market
207 Lola St, Molalla, OR 97038
0.06
$290,600
2
1
956
Off Market
124 Lola St, Molalla, OR 97038
0.06
$315,600
2
1
1,600
Off Market
E Main St, Molalla, OR 97038
0.10
-
-
-
-
Off Market
406 E Main St, Molalla, OR 97038
0.06
$417,300
4
2
2,098
Off Market
404 E Main St, Molalla, OR 97038
0.07
$356,200
2
1
1,038
Off Market
219 Lola St, Molalla, OR 97038
0.09
$427,900
4
2
1,494
Off Market
209 Berkley Ave, Molalla, OR 97038
0.10
$441,100
3
2
1,992
Off Market

Local Information

  • Map ViewExplore the area around 508 E Main St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 2008
0.3 acre lot
11,009 sqft
$136/sqft

About this House

What's unique:Large two car garageLarge walk-in closetHalf bathBonus roomSeparate laundry roomPrivate balcony
This multi-family home is located at 508 E Main St, Molalla, OR. 508 E Main St is in Molalla, OR and in ZIP code 97038. This property has 16 bedrooms, 18 bathrooms and approximately 11,009 sqft of floor space. This property has a lot size of 0.30 acres and was built in 2008.
508 E Main St, Molalla, OR 97038 is a 16 bedroom, 18 bathroom, 11,009 sqft multi-family built in 2008. It last sold for $123,500 on Mar 8, 2004. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,491,900, with a rent estimate of $1,559/month.

Home Details for 508 E Main St

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 3
Interior Details
Attic
Appliances & Utilities
DishwasherRefrigerator

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Wood

Property Information

Year Built
Year Built: 2008
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 6

Lot Information

Lot Area: 0.30 acres

Price and Tax history

DateEventPrice
May 21, 2020
Source: Agent Provided
ListingRemoved
$1,590,000
Mar 2, 2020
Source: Agent Provided
Listed For Sale
$1,590,000
Mar 8, 2012
Source: Agent Provided
ListingRemoved
$159,900
Sep 10, 2011
Source: Agent Provided
PriceChange
$159,900
Price decreased by 6%
Aug 11, 2011
Source: Agent Provided
Listed For Sale
$169,900

Market trends in Molalla

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
51
3MoM

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 "
    0
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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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    Flag
  • Gallaght
    "Lots of neighbor participation in various holiday events like Halloween, Christmas, and fourth of July. "
    0
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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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    Flag
  • 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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    Flag
  • 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. "
    0
    Flag
  • 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. "
    0
    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

Frequently asked questions about 508 E Main St

  • What is 508 E Main St estimated to be worth?
    Trulia's estimated value for 508 E Main St in Molalla, OR is $1,491,900.
  • What is the price history for 508 E Main St?
    508 E Main St in Molalla, OR last sold for $123,500 in March 2004.
  • 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.

Explore by feature - Pet Friendly

8 pet-friendly rentals in Molalla, OR

Explore by feature - Air Conditioning

7 rentals with air conditioning in Molalla, OR

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9 rentals with a washer/dryer in Molalla, OR

Apartments for Rent

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Off Market Homes Near 508 E Main St

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