35458 S ELLIS RD

Molalla, 97038

  • Bed

  • Bath

  • SqFt

  • 882 DOM

  • Built:

  • Status: Active

$89,000

Price cut: $6K (10-14-2025)

X

35458 S ELLIS RD

Molalla 97038

$89000

Price cut: $6K (10-14-2025)

  • Bed

  • Bath

  • SqFt

  • 882 DOM

  • Built:

  • Status: Active

Love this home?

Request Tour, Ask a Question or Start an Offer

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

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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Residence Information

  • No

  • Sewer, Water

Features and Utilities

Financial

  • 944.92

  • 1

  • 145 / Month

  • Cash,Conventional,USDALoan

  • 05-17-2023

  • No

  • No

Comparable Information

  • 882

  • 886

  • Cash,Conventional,USDALoan

  • $110,000

  • $89,000

  • Oct 14, 2025 17:14

Schools

Elementary : Molalla N/A Ratings
Middle : Molalla River N/A Ratings
High : Molalla N/A Ratings

Map

Listing courtesy of Firefly Real Estate.

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 © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Oct 19, 2025 20:26 | Listing last modified Oct 14, 2025 17:14. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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