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

Krishna Regupathy

Principal Broker

(503) 893-8874

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.

Download our Mobile app

Similar Properties

Download our Mobile app

Open Sun, Oct 19th, 12PM to 2PM

$425,000

  • 3 Bed

  • 2.5 Bath

  • 1586 SqFt

  • 3 DOM

  • 1014 S VIEW DR, Molalla, 97038

$715,000

  • 3 Bed

  • 2 Bath

  • 2398 SqFt

  • 16 DOM

  • 11903 S DART RD, Molalla, 97038
Open Sun, Oct 19th, 12PM to 2PM

$595,000

  • 5 Bed

  • 2.5 Bath

  • 3198 SqFt

  • 16 DOM

  • 123 SHIRLEY ST, Molalla, 97038

$949,999

  • 4 Bed

  • 2.5 Bath

  • 2050 SqFt

  • 17 DOM

  • 30593 S ELISHA RD, Molalla, 97038