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About the Listing FFRE01 - DAVISAIM
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.
Listing Highlights for 35458 S Ellis Rd
Status
Active
Days on Site
889
Property Type
Vacant Land
MLS ®
23149243
Year Built
Total Square Footage
0
Lot/Acreage
115x69x115x71
County
Clackamas
Neighborhood
Forest Haven Subdivision
HOA Dues
145/Monthly
Elementary School
Molalla
Middle School
Molalla River
High School
Molalla
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Level,Trees
- Garage Capacity: N/A
- Lot Dimensions: 115x69x115x71
- Zoning: res
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $945
- Taxes w/Assessments: N/A
- Tax/Property ID: 05005536
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
35458 S Ellis Rd Molalla, OR 97038
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