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515 MAY ST, Molalla, OR 97038

Clackamas County

Key Facts

3Beds
2Baths
1,492Sq Ft
1959Year Built
0.16Lot (acres)
1Stories

Description

This home has been beautifully updated and refreshed throughout, offering a wonderful blend of modern improvements and timeless charm. A brand-new roof with a transferable warranty provides added peace of mind. Inside, lovely hardwood floors flow through the living room, hallway, and all three bedrooms. A newly installed mini-split system provides efficient heating and cooling, while each bedroom is also equipped with its own cadet heater for added comfort. The kitchen has been thoughtfully updated with refreshed cabinetry, updated countertops, pantry storage, and classic built-ins with sliding glass doors—perfect for displaying your favorite pieces. The adjacent dining area features a door that opens to the patio and backyard, creating an easy transition for outdoor dining and entertaining.Just off the dining area is a second bathroom and access to a spacious laundry room that offers abundant storage and the potential for a small workshop area, adding extra convenience. Both bathrooms have been tastefully updated with new flooring, vanities and lighting. Additional improvements include scraped and refinished ceilings, fresh interior and exterior paint, updated doors, hardware, and trim throughout. The inviting living room features a classic brick hearth with a certified wood stove insert and a large window that fills the space with natural light. Out front, updated siding and a welcoming covered porch finished with tongue-and-groove, recessed lighting and beautifully wrapped posts create standout curb appeal that will draw you in. Don't miss this one!

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Stories1 / Ranch

Year Built

1959

Stories

1

Living Area

1,492 sq ft

Lot Size

0.16 acres

MLS® Listing#

613013643

Property Features

Interior

Pantry

Appliances

CooktopDishwasherDouble OvenRange Hood

Heating

Fireplace InsertWood Stove

Flooring

HardwoodVinylWood

Fireplace

InsertWood Burning

Basement

Crawl Space

Parking

DrivewayOff Street

Patio

PatioPorch

Fencing

Fenced

Lot Features

Level

Foundation

Concrete Perimeter

Roof

Composition

Windows

Double Pane Windows

Sewer

Public Sewer

Water Source

Public

Schools

Elementary:
Molalla
Middle:
Molalla River
High:
Molalla

Financial Details

HOA

None

Annual Taxes

$4,655

Tax year 2025

Parcel Number

01106528

Directions

Molall Avenue to 5th to May Street

Affordability Calculator

$89,700

Estimated monthly payment

$2,387/mo

Principal $358,800 · Est. interest $500,558 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Molalla, OR

$543,750
Median Listing Price
177
Median Days on Market
1,804
Median Sq Ft
$301
Median Price / Sq Ft
32
Active Listings
  • This home’s price is 18% below the area median.
  • Its price per sq ft is right around the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Molalla, OR.

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EXIT Agents in Molalla

RMLS Oregon logo

Listing Courtesy: Equity Oregon Real Estate - 5032663657

Presented by: Amy Anderson

The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than EXIT Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data last updated as of date above. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some of these listings contain enhanced listing information including city, state, zip, and county from sources such as MSA data and USPS. Listing content is Copyright ©2026 RMLS of Portland, Oregon. All Rights Reserved.

Last Updated: 2026-03-13

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by PortlandOR. MLS® Listing#613013643. © 2026EXIT Realty®. All rights reserved.