128 S Mountain Ave, Ashland, OR, 97520
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
Somewhat Walkable
Very Limited Transit
Very BikeableSchools
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
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
- Winter Weather
- Heat Wave
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Jackson County and Oregon
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,323 | $51,876 |
| Home Insurance * | $215 | $2,580 |
| Property Taxes | $1,000 | $12,000 |
| Electricity | $176 | $2,119 |
| Total | $5,714 | $68,568 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-16 | Listed for sale | $855,000 |
| 2025-11-01 | Listing removed | $845,000 |
| 2025-09-02 | Listing removed | $1,450 |
| 2025-08-12 | Listed for rent | $1,450 |
| 2025-03-31 | Price change | $845,000 |
| 2024-05-31 | Listing removed | -- |
| 2024-05-07 | Price change | $1,400 |
| 2024-04-20 | Listed for sale | $855,000 |
| 2024-03-23 | Listed for rent | $1,450 |
| 2002-05-31 | Sold | $50,000 |
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