Molalla, OR 97038,35458 S ELLIS RD
Molalla, OR 97038,35458 S ELLIS RD
Molalla, OR 97038,35458 S ELLIS RD
Molalla, OR 97038,35458 S ELLIS RD
Molalla, OR 97038,35458 S ELLIS RD
Molalla, OR 97038,35458 S ELLIS RD
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Listed by Firefly Real Estate • FireflyRealEstate@gmail.com
$ 89,000
Est. payment | /mo

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$ 89,000
Est. payment | /mo
Save

Key Details

Property Type Vacant Land

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Subdivision Forest Haven Subdivision

MLS Listing ID 23149243

HOA Fees $145/mo

Annual Tax Amount $944

Tax Year 2024

Property Sub-Type Single Family Residence

Property Description

Reimagined Price, Remarkable Opportunity. 8,175± sq. ft. Lot – Smart Investment with Immediate ROI. Step 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.

Location

State OR

County Clackamas

Area _146

Zoning res

Exterior

Utilities Available SewerConnected, WaterConnected

View Territorial, Trees Woods

Garage No

Building

Lot Description Trees

Schools

Elementary Schools Molalla

Middle Schools Molalla River

High Schools Molalla

Others

Acceptable Financing Cash, Conventional, USDALoan

Listing Terms Cash, Conventional, USDALoan

Regional Multiple Listing Service (RMLS)
Tia Strutz

+1(503) 730-5982

tia@tiastrutzhomes.com

16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224

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35458 S ELLIS RD