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128 S Mountain Ave, Ashland, OR, 97520

4beds
0baths
1,440sqft
$855,000
$594price/sqft
$5,714/moest. monthly cost
$228,560/yrincome needed

About This Home

Prime Investment & Development Opportunity in Ashland. Well-maintained duplex located close to downtown offering immediate cash flow and long-term upside potential. Both units are rented at $1,450 per month ($2,900 total), with tenants paying all utilities, keeping operating expenses low. Property has an excellent rental history and is professionally managed. Capital improvements include newer roof, vinyl windows, stainless appliances, gas log fireplace (rear unit), new water heater and additional updates. Situated on a large approx. 0.27-acre R-3 high-density zoned lot, creating exceptional future redevelopment potential. The City of Ashland Planning Department indicates a 5.4 base density factor with potential for up to 20 units. (buyer due diligence required). For development details contact Aaron Anderson or Nick Schubert at City of Ashland Planning Department.

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
89
BikeVery Bikeable

Schools

10/10
Walker Elementary SchoolGrades K-50.7 mi
7/10
Ashland Middle SchoolGrades 6-80.6 mi
9/10
Ashland High SchoolGrades 9-120.1 mi

Construction

Condition

  • Year built: 1940

Materials

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

Type & Style

  • Home type: MultiFamily
  • Architectural style: Ranch
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Oven,Range,Refrigerator,Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Laminate Counters,Primary Downstairs,Shower/Tub Combo
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Carpet,Hardwood,Laminate,Vinyl
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Natural Gas,Wall Furnace,Other
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,440
  • Total interior livable area: 1,440 sqft

Property

Details

  • Parcel number: 10077141
  • Zoning description: R-3
  • Special condition: Standard
  • Exclusions: Tenants Personal Property

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Fencing: Fenced
  • Has view: Yes
  • View description: Mountain(s),Neighborhood,Territorial

Lot

  • Lot size: 0.27 Acres
  • Features: Landscaped,Level

Parking

  • Parking features: Detached,Driveway,Gravel,On Street,Workshop in Garage
  • Has uncovered spaces: Yes