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About This Home
This 0-bedroom, 0-bathroom single family at 128 S Mountain Avenue in Ashland, OR is listed for $855,000 ($594 per sqft). Built in 1940, the home offers 1,440 sqft of living space on a 0.27 acres lot.
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.
Key Features
- Built in 1940
- 0.27 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$4,573/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
128 S Mountain Avenue
Ashland, OR 97520
Ashland Homestead Association
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Views
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom single family at 128 S Mountain Avenue is listed at $855,000 ($594/sqft). The estimated monthly payment is $3,705 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.27 acre lot, Fireplace. Interior Features: Ceiling Fan(s), Laminate Counters, Primary Downstairs.
This property is listed by Glen O Thone and can be reached at 5419445873 or glenthone.realestate@gmail.com.
