Prime Investment Lot with Flexible CCRs — Keep Tenants & Upgrade!Here’s a great low-risk investment opportunity on an end of street 12,000+/- sq ft lot in a quiet subdivision. The property’s CCRs allow replacing the existing structure with a new double or triple-wide home — as long as it meets Clackamas County planning guidelines. This means you can update the property while possibly retaining long-term tenants and generating reliable rental income.Owning the land and collecting rent is straightforward and offers long-term portfolio stability with less hassle. It’s an ideal setup for investors wanting flexibility, growth, and security in one package.Feel free to request a copy of the CCRs or any additional property info via email.Looking forward to helping you secure this opportunity!
Active
Price cut: $4K (6/11)
$135,000
35556 S Aqua Springs Rd, Molalla, OR 97038
--beds
0baths
--sqft
Unimproved Land, Single Family Residence
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$145/mo HOA
What's special
Quiet subdivisionEnd of street
- 826 days
- on Zillow |
- 154 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: August 11, 2025 at 04:08am
Listed by:
Aimee Davis FireflyRealEstate@gmail.com,
Firefly Real Estate
Source: RMLS (OR),MLS#: 23574151

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Trees/Woods
Lot
- Dimensions: 211 x 25 x 187 x 104
- Features: Trees, Level, SqFt 10000 to 14999
Details
- Additional structures: Existing Structures, Residence
- Parcel number: 05005594
- Zoning: Res
Utilities & green energy
- Utilities for property: Sewer Connected, Water Connected, Other Internet Service
Community & HOA
Community
- Subdivision: Forest Haven Subdivision
HOA
- Has HOA: Yes
- Amenities included: Sewer, Water
- HOA fee: $145 monthly
Location
- Region: Molalla
Financial & listing details
- Tax assessed value: $165,999
- Annual tax amount: $1,191
- Date on market: 5/17/2023
- Listing terms: Cash,Conventional,USDA Loan
- Road surface type: Paved
- Loading