97038 Real Estate Search

97038 Just Listed Homes for Sale

In the 97038 area, a range of exciting opportunities has emerged for prospective homebuyers with the latest just-listed homes for sale. This charming region features diverse properties that cater to various lifestyles and preferences, from quaint single-family homes to modern townhouses nestled in vibrant communities. Each listing showcases unique architectural styles and appealing amenities, reflecting the character of the neighborhood. With easy access to local parks, schools, and shopping centers, finding the perfect home in this area has never been easier. Whether you're a first-time buyer or looking to upgrade, the current market offers something for everyone to explore and discover their dream home.

Our website features the best real estate search for just listed homes available in 97038 and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest 97038 Just Listed Homes for Sale

$514,900
3 Beds ⋅ 1 Baths ⋅ 368558966 MLS
Are you looking for that one property that has it all? With a main house, cute ADU, a large shop, a gated entrance, over half acre lot,a Cherry tree, 2 apple trees, plum trees, and grape vines atop the pergola/ swing, and a view of Mt. Hood. This is it. Convenient access to shopping, commuting, and a modern country feel. The main home features three bedrooms, one full bath all on the main floor. A large bonus room upstairs for additional storage or flex space. A kitchen with a lot of counter space and an easy flowing floor plan opens it to the generous sized living room. The ADU has one bedroom and one full bath, modern light fixtures, and its own separate entrance. A 50 x 22 shop with additional 12 x 22 lean to/ carport with electricity, water, and two 50 amp rv plugs!

31778 S Hwy 213, Molalla
$519,900
3 Beds ⋅ 2 Baths ⋅ 300445287 MLS
Ask about current builder incentives, which may include closing cost assistance, financing incentives, or other promotional offers. Incentives are subject to change and may have eligibility requirements. Stunning New Construction Home in Molalla! Presenting a gorgeous, brand-new home built by Icon Construction, a respected local builder known for their attention to detail and quality. Located in the highly desirable River Meadows Subdivision, Molalla's newest community. Key Features:3 spacious bedrooms for comfort and privacy. A den on the main level, perfect for an office or additional living space. A versatile bonus room to fit your lifestyle needs. Room for RV parking for your recreational vehicles. A two-car garage offering ample storage and convenience. Don't miss your chance to make this beautiful home yours in the growing River Meadows community. Contact us today for more details or to schedule a private showing.

1141 Rachel LN, Molalla
$1,299,000
376985098 MLS
Positioned on a prominent, landscaped corner in the rapidly growing Molalla market, this ±4,500 SF commercial asset offers both visibility and versatility for an owner-user or investor. Formerly a bank, the property retains valuable infrastructure including a drive-through lane and secure vault—features that can significantly reduce build-out costs for certain uses.The interior is defined by a spacious, light-filled lobby with expansive windows and high ceilings, creating an inviting environment adaptable to a range of commercial applications. Potential uses include professional or medical offices, retail, restaurant or café concepts (with drive-through capability), financial services, or specialty practices such as veterinary care.Additional amenities include a large staff break room, multiple restrooms, ample storage areas, and a generous on-site parking lot. A prominent freestanding lighted pylon sign enhances exposure and branding opportunities along this well-traveled location.Offered by appointment only.

200 CENTER AVE, Molalla
$1,750,000
6 Beds ⋅ 4 Baths ⋅ 674143945 MLS
Welcome to this extraordinary estate nestled on 14.67 acres of pristine riverfront property in the picturesque countryside of Molalla, Oregon. This stunning 6-bedroom, 4 full bath, and 2 half bath residence offers the perfect blend of refined luxury, privacy, and natural beauty creating an unparalleled living experience. Inside you will be greeted by expansive windows and timeless finishes that highlight the home’s grand scale and thoughtful design. The spacious chef’s kitchen and dining area are perfect for entertaining, while multiple living spaces provide comfort and versatility for any lifestyle. The primary suite is a serene retreat featuring spa-like amenities, generous closet space, and tranquil views of the surrounding landscape. Each of the remaining bedrooms is generously sized, offering flexibility for family, guests, or home office needs. Five of the bedrooms have their own private bathroom and large closets. The oversized 3-car garage delivers ample space for vehicles, equipment, or recreational gear. Outdoors, enjoy the peace and serenity of private river frontage, mature trees, and open meadows ideal for hiking, kayaking, gardening, or simply soaking in the views. Whether you're enjoying morning coffee on the patio, hosting a summer gathering, or exploring the natural surroundings, this property offers a lifestyle few can match. Located just minutes from Molalla’s shops, schools, and amenities, yet offering the tranquility of a private rural retreat this is more than a home; it’s a legacy estate. Don't miss the opportunity to own this home, properties like this are few and far between.

15047 S MACKSBURG RD, Molalla
$850,000
2 Beds ⋅ 2 Baths ⋅ 660628365 MLS
This one-story with basement is situated on 10 acres of EFU zoned land, making it ideal for livestock, nursery or agricultural operations. The home offers two bedrooms plus an office that can function as a third bedroom, featuring hardwood flooring throughout. The property is fully fenced, fruit trees and includes a 36x40 shop , concreted flooring and two meters each with 400amps for a total of 800amps, a 40x60 barn for storage or trucking and multiple greenhouses. This unique combination of residential comfort and agricultural infrastructure presents a rare opportunity for both living and business use.

29891 S HIGHWAY 213, Molalla
$110,000
659179947 MLS
Price Improvement! Prime development opportunity in the heart of Molalla’s growing downtown district. This vacant C-1 (Central Commercial) lot offers outstanding visibility, accessibility, and flexibility for a variety of commercial and mixed-use development opportunities. Positioned in an area experiencing continued growth and investment, this property presents an excellent opportunity for investors, business owners, and developers looking to capitalize on Molalla’s expanding market.COMMERCIAL USE ON THE MAIN LEVEL WITH POTENTIAL RESIDENTIAL UNITS ABOVE creates a unique opportunity for owner-users, investors, or developers seeking multiple income-producing possibilities. Work below and live above, lease one space while occupying the other, or create a fully income-producing property with both commercial and residential tenants.C-1 zoning allows for a variety of potential retail, office, service-oriented, and mixed-use concepts. Located near downtown amenities, local businesses, and established neighborhoods, this property benefits from both vehicle and pedestrian traffic while providing convenient access throughout the city.As Molalla continues to grow, opportunities for well-positioned commercial development sites become increasingly limited. Lot lines shown in marketing images are approximate and provided for visual reference only.Buyer to perform their own due diligence regarding zoning, permitted uses, utilities, setbacks, development standards, and all aspects of development potential.

206 S MOLALLA AVE, Molalla
$899,900
100253168 MLS
Prime autobody mechanic shop and car dealership located on busy intersection. Bring your dealership license or take advantage of the autobody set-up with a permitted paint booth with down draft, fire suppression and 3 phase onsite. 7 roll up doors and 3 phase power onsite. Mezzanine has 1200 SF of additional storage or office space. Great Owner/User Opportunity!

13780 S MACKSBURG RD, Molalla
$299,900
691053872 MLS
This large lot is zoned Commercial (C1) and is near the town center! It is located just a few hundred feet from the key intersection of Molalla Ave and Main St (Hwy 211) and has many potential uses. Could make a great Mixed-Use property with housing upstairs and a retail shop downstairs. C1 zoning often also allows a wide range of uses such as restaurants, cafes, retail, auto-repair shops, vehicle & equipment sales lots, catering, florist shops, hardware stores, barber & beauty shops, etc. The previous structures have been completely removed, lot has been graded/improved. It is turn key and ready for your building… power, sewer and water! Possible Seller Financing. Buyer to do their own due diligence and verify your specific use.

121 W ROSS ST, Molalla
$299,900
667026205 MLS
This large lot is zoned Commercial (C1) and is near the town center! It is located just a few hundred feet from the key intersection of Molalla Ave and Main St (Hwy 211) and has many potential uses. Could make a great Mixed-Use property with housing upstairs and a retail shop downstairs. C1 zoning often also allows a wide range of uses such as restaurants, cafes, retail, auto-repair shops, vehicle & equipment sales lots, catering, florist shops, hardware stores, barber & beauty shops, etc. The previous structures have been completely removed, lot has been graded/improved. It is turn key and ready for your building… power, sewer and water! Possible Seller Financing. Buyer to do their own due diligence and verify your specific use.

121 W ROSS ST, Molalla
$369,000
24012878 MLS
Experience the unparalleled beauty of this remarkable 28-acre high-bank property along the Molalla River. Tucked away on a quiet dead-end road, this secluded parcel offers privacy and tranquility, while being just a convenient 15-minute drive from the charming town of Molalla. The property is bordered by expansive federal lands and boasts a thriving stand of Douglas Fir trees, aged 28 and 43 years, offering both natural beauty and potential timber value. There is also the possibility of opening up stunning territorial views that extend far beyond the horizon. Prospective buyers are encouraged to conduct due diligence with the county about potential land uses. Do not miss this rare opportunity to own a truly exceptional piece of land along the scenic Molalla River!

S Dickey Prairie rd, Molalla
$249,900
24433276 MLS
Over 16 acres with creek frontage. Property is sloped, has brush and not easily walked. Needs final steps for Forest Template Test completion, seller will cooperate.

S Wilhoit, Molalla
$795,000
23041676 MLS
The property consists of two continguous commercial parcels in Molalla's commercial gateway. One is raw land while the other includes a single family home and storage shed. Currently zoned permitted uses include parking, vehicle service, manufacturing, warehousing, and more. Seller is open to working with a Buyer on a zone change application based on previous city engagements. There is 375 feet of Linear Frontage. Traffic count is 12,000 VPD.

1406 W MAIN ST, Molalla
$1,729,000
22005586 MLS
Own a mature forested property with river frontage and a private swimming hole! The property is located adjacent to the Table Rock Wilderness Area. This 106+/- acres is accessible via South Fork Molalla Rd. and is bisected by the middle fork of the Molalla River. This could be the ideal property if you are looking for remote acreage surrounded by public land.

S Fork Molalla RD, Molalla
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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.