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1169 Iowa St, Ashland, OR, 97520

9beds
6baths
3,656sqft
$1,200,000
$328price/sqft
$8,096/moest. monthly cost
$323,840/yrincome needed

About This Home

Rare Ashland investment opportunity, three modern townhomes built in 2016, each on its own separate tax lot, offered together as a package. Every unit is a spacious 3-bedroom, 2-full-bath, a hard-to-find configuration in the local rental market. Unit 1173 offers 1,280 sf and a two-car garage, while 1169 and 1171 each offer 1,188 sf and a one-car garage. Turnkey interiors feature stainless steel appliances, warm shaker cabinetry, and 100% solid surface flooring, no carpet anywhere. Current rents total $6,605/month with near-zero vacancy since construction, a track record of dependable income that speaks for itself. Individual tax lots offer long-term flexibility that is rarely found in multi-unit properties. Ideal for the investor seeking newer, low-maintenance construction, or an owner-occupant living in one unit while the other two help pay the mortgage. Close to SOU, downtown, and everyday amenities. Not to be sold separately.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
87
BikeVery Bikeable

Schools

10/10
Walker Elementary SchoolGrades K-50.6 mi
7/10
Ashland Middle SchoolGrades 6-80.6 mi
9/10
Ashland High SchoolGrades 9-120.1 mi

Construction

Condition

  • Year built: 2016

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: Townhouse
  • Architectural style: Contemporary,Craftsman
  • Property subType: Triplex,Multi Family,Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Oven,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 6
  • Full bathrooms: 4

Features

  • Fiberglass Stall Shower,Shower/Tub Combo
  • Window features: Double Pane Windows
  • Flooring: Simulated Wood,Vinyl
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: 1 Common Wall,2+ Common Walls,End Unit

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,656
  • Total interior livable area: 3,656 sqft

Property

Details

  • Parcel number: 11001924
  • Zoning description: R-3
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Patio
  • Has view: Yes
  • View description: Mountain(s),Neighborhood,Territorial

Lot

  • Lot size: 5,662 sqft
  • Features: Level

Parking

  • Parking features: Asphalt,Attached,Driveway,Garage Door Opener,Shared Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Winter Weather
Heat Wave
Inland Flooding

FEMA Declared Disasters in Jackson County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,067$72,804
Home Insurance *$302$3,624
Property Taxes $1,396$16,752
Electricity $331$3,981
Total$8,096$97,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$277,577/yr
40% on housing$242,880/yr
45% on housing$215,893/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$328This listing

vs Other Active Listings

Avg $/sqft

ZIP 97520$342
Jackson County$260

vs Homes Sold Last Month

Median $/sqft

ZIP 97520$292
Jackson County$265

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-03Listed for sale$1,200,000
2024-01-12Listing removed--
2023-09-21Listed for rent$1,975
2018-01-19Sold$980,000

For Sale by Agent

AgentJohn Steinbergs
BrokerageGateway Real Estate

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