Molalla Homes under $400,000

Welcome to Molalla, Oregon, a charming city nestled in the heart of Clackamas County. Known for its friendly community and picturesque landscapes, Molalla offers a unique blend of small-town charm and modern conveniences. With its lush forests, rolling hills, and proximity to the Molalla River, outdoor enthusiasts will find plenty of opportunities for hiking, fishing, and exploring nature.

Molalla is not just a beautiful place; it’s a community that values connection and engagement. The city hosts various events throughout the year, including the Molalla Buckaroo, a rodeo that showcases the area’s rich agricultural heritage, and the Molalla Festival, which brings residents together to celebrate local culture and arts. Families will appreciate the strong school system and numerous parks that provide safe spaces for children to play and grow.

For those seeking an affordable place to call home, Molalla has an impressive selection of homes priced under $400,000. Whether you’re a first-time buyer or looking to downsize, you’ll find a variety of options, from cozy single-family homes to charming bungalows. These properties often feature spacious yards, updated interiors, and easy access to local amenities, making them perfect for families, retirees, or anyone looking to enjoy the tranquility of suburban living.

With its welcoming atmosphere, beautiful surroundings, and affordable housing options, Molalla is truly a hidden gem in Oregon. Come explore the possibilities and discover why so many are proud to call this vibrant community home!

Newest Molalla Homes under $400,000

$339,900

4 Beds ⋅ 2 Baths ⋅ 519045740 MLS

Welcome to peaceful living in the Forest Haven neighborhood on the outskirts of Molalla! This manufactured home is situated on its own privately owned land — no space rent. Offering 4 bedrooms, 2 bathrooms, and two separate living areas, there’s plenty of room to spread out. Numerous updates, including a newer roof, siding, windows, decks, HVAC with air conditioning, flooring, updated bathrooms, and interior paint, making this home truly move-in ready. Step outside and enjoy breathtaking views, daily wildlife sightings, and the tranquility of a quiet, peaceful neighborhood. The $145/month HOA includes water from a shared well and sewer. With quiet country roads and beautiful surroundings, this property offers peaceful country living just a short drive from town.

35535 S AQUA SPRINGS RD, Molalla

$174,900

3 Beds ⋅ 2 Baths ⋅ 262056502 MLS

This newly renovated 1,716 sq. ft. Silvercrest manufactured home offers 3 bedrooms, 2 bathrooms, and a bonus desk/homework area, all enhanced by real oak hardwood floors and vaulted ceilings. The kitchen features newly updated cabinets with butcher block countertops, a deep farmhouse sink, and upgraded appliances, while the bathrooms include a relaxing garden tub. Additional upgrades include improved windows, split-system central heat and AC, a carport, and two electric-powered sheds. Located in a quiet family neighborhood with low land rent of just $820/month including water and sewer (ACH), this home provides exceptional value only 10 minutes from downtown Molalla. With financing available this beautifully updated home is an opportunity that won’t last long.

36451 S SAWTELL RD Unit #11, Molalla

$129,900

3 Beds ⋅ 2 Baths ⋅ 324153920 MLS

Welcome to your little piece of the country in Molalla! This charming 3 bed 2 bath manufactured home on leased land offers a great opportunity to make it truly your own! With aluminum siding, cedar shutters, lots of parking space, large tool shed, and a spacious fully fenced backyard, there’s plenty to love both inside and out.The kitchen offers the essentials and, most importantly, a blank canvas for you to create the kitchen you’ve always wanted! The primary bedroom comfortably fits a king size bed and is connected to a full bathroom and laundry room! The home has been updated with new insulation, drywall, paint, subfloor, flooring, light fixtures, vinyl windows and more! The space rent conveniently includes water and sewer! This home is a livable cosmetic fixer ready for its new owner! Bring your ideas and make this home uniquely yours! Open house on Sunday 9/20 @1pm-3pm.

36451 S SAWTELL RD Unit #8, Molalla

$349,900

4 Beds ⋅ 2 Baths ⋅ 555236369 MLS

Located in a well-kept community in Molalla, this home offers a comfortable and easy-living setup with a layout that just makes sense. The main living space feels open and inviting with good natural light, and the kitchen has plenty of storage and workspace for everyday use.The floor plan flows well, with nicely sized bedrooms and flexibility depending on your needs—whether that’s a home office, guest space, or just having a little extra room to spread out.Outside, you’ve got a manageable space to enjoy without a ton of upkeep, and the setting within the park gives it a more tucked-away, quiet feel while still being a short drive to town. If you’re looking for something affordable, functional, and low-maintenance in a convenient Molalla location, this is definitely worth a look.

15645 S TALL TIMBER LN, Molalla

$314,950

3 Beds ⋅ 2 Baths ⋅ 530839742 MLS

Welcome home to this inviting 3-bedroom, 2.5-bath condo in the charming community of Molalla, Oregon. A welcoming covered front porch provides the perfect place to enjoy your morning coffee. Inside, the bright and spacious open-concept living, dining, and kitchen areas create an ideal setting for both everyday living and entertaining. Upstairs, you'll find three generously sized bedrooms, including a comfortable primary suite with a private full bath and walk-in closet. Two additional bedrooms and another full bathroom offer flexibility for family, guests, or a home office, while the convenient main-level half bath adds extra functionality. Step outside to enjoy a fully fenced backyard featuring a patio that's perfect for outdoor dining. Conveniently located near schools, parks, shopping, dining, and everyday amenities, this low-maintenance condo offers the perfect blend of comfort, style, and small-town charm.

162 FENTON AVE Unit #B, Molalla

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