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35458 S ELLIS RD, Molalla, OR 97038
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$89,000
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Home Details for 35458 S ELLIS RD
Price
$89,000
Type
Lots/Land
County
Clackamas
Tax
$944.92
Hoa
$145
MLS®️ Listing#
23149243
On exitrealty.com
889 days
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.
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- Utilities
- Sewer Connected
- Water Connected
- Cooling Information
- None
- Heating Information
- None
School Information
School Information for 35458 S ELLIS RD
Elementary School
Molalla
Middle School
Molalla River
High School
Molalla
Listing Courtesy: Firefly Real Estate - FireflyRealEstate@gmail.com. Presented by: Aimee Davis
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 ©2025 RMLS of Portland, Oregon. All Rights Reserved.Last Updated: 2025-10-14 18:45:44
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EXIT REALTY BEND
805 SW Industrial Way, Suite 4, Bend, OR 97702
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$89,000
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EXIT REALTY BEND
805 SW Industrial Way, Suite 4, Bend, OR 97702