35458 S ELLIS RD, Molalla, OR 97038

Situated within a well-established subdivision originally developed to support accessible homeownership in Clackamas County, this approximately 8,175± sq. ft. lot presents a flexible opportunity for both investors and future owner-occupants.The property is subject to flexible CCRs, allowing the buyer to retain the existing long-term, month-to-month tenant for immediate rental continuity or, alternatively, to replace the existing structure with a double- or triple-wide manufactured home, subject to applicable approvals.Only the land is being conveyed. The manufactured home is owned by the tenant, and the buyer will assume the tenant at closing. Current rental income provides a practical holding strategy while the asset benefits from long-term neighborhood appreciation.Multiple lots within this subdivision are also available, offering the option to purchase a single parcel or assemble several holdings within a consistent community setting.For buyers seeking expanded scope, an adjoining ±15-acre parcel is available for separate purchase(Parcel #482604096), providing additional flexibility for future planning.This offering supports a range of ownership strategies—stable rental income, future redevelopment, or portfolio expansion—within a defined and steadily maturing neighborhood.