35458 S ELLIS RD

Molalla, 97038

  • Bed

  • Bath

  • SqFt

  • 946 DOM

  • Built:

  • Status: Active

$75,000

Price cut: $14K (12-18-2025)

X

35458 S ELLIS RD

Molalla 97038

$75000

Price cut: $14K (12-18-2025)

  • Bed

  • Bath

  • SqFt

  • 946 DOM

  • Built:

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

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.

Download our Mobile app

Similar Properties

Download our Mobile app

$534,900

  • 3 Bed

  • 1 Bath

  • 1520 SqFt

  • 1 DOM

  • 31778 S Hwy 213, Molalla, 97038

$421,000

  • 3 Bed

  • 2 Bath

  • 1386 SqFt

  • 2 DOM

  • 513 PEGASUS CT, Molalla, 97038

$489,900

  • 3 Bed

  • 2 Bath

  • 1673 SqFt

  • 11 DOM

  • 1424 MT VIEW LN, Molalla, 97038

$1,100,000

  • 5 Bed

  • 3 Bath

  • 3703 SqFt

  • 20 DOM

  • 30142 S MEADOWBROOK LN, Molalla, 97038