- ADDRESS:
- 35458 S ELLIS RD Molalla, OR 97038
- VIDEOS:
- Print this Listing
- Price:
- $95,000
- Ft²:
- 0
- MLS#:
- 23149243
- Lot Size:
- 7,000 to 9,999 SqFt
- Type:
- Land
- Zone:
- res
- County:
- Clackamas
- Status:
- Active
- Nhood/Bldg:
- FOREST HAVEN SUBDIVISION
- View:
- Territorial, Trees/Woods
- Elem:
- Molalla
- Middle:
- Molalla River
- High:
- Molalla
- Lot Desc:
- Trees
- Area:
- Oregon City, Beavercreek, Canby, Molalla, Mulino
- Courtesy of:
- Firefly Real Estate
- Remarks:
- 8,175± sq. ft. Lot – Smart Investment with Immediate ROIStep into a strategic investment with this 8,175± sq. ft. lot in a well-established subdivision, designed to deliver both immediate cash flow and long-term appreciation. Flexible CCRs allow you to retain the current tenant for stable rental income from day one, or replace the existing structure with a double or triple-wide home (county approval required) to maximize future value.From a financial perspective, this lot is a low-risk, high-upside opportunity. Rental income provides steady ROI while you hold the asset, and owning the land ensures long-term portfolio growth as the neighborhood continues to appreciate. Add in 2025 Oregon tax advantages—property tax deductions, potential mortgage interest write-offs if financed, and depreciation opportunities on future structures—and this lot becomes a sophisticated, tax-efficient vehicle for building wealth.With room to adapt, quiet subdivision location, and proximity to amenities, this property balances flexibility, stability, and growth potential. Only the lot is for sale; buyer assumes tenant at closing. Request CCRs and property details today to secure a data-driven investment with immediate and long-term ROI. Additional lots also for sale.