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Listed by Firefly Real Estate • FireflyRealEstate@gmail.com
$ 75,000
Est. payment /mo
Price Dropped by $14K
35458 S ELLIS RD Molalla, OR 97038
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Forest Haven Subdivision
MLS Listing ID 23149243
HOA Fees $145/mo
HOA Y/N Yes
Annual Tax Amount $976
Tax Year 2025
Property Sub-Type Single Family Residence
Property Description
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.
Location
State OR
County Clackamas
Area _146
Zoning res
Exterior
Utilities Available SewerConnected, WaterConnected
View Territorial, Trees Woods
Garage No
Building
Lot Description Trees
Schools
Elementary Schools Molalla
Middle Schools Molalla River
High Schools Molalla
Others
Acceptable Financing Cash, Conventional, USDALoan
Listing Terms Cash, Conventional, USDALoan
