# 128 S Mountain Avenue, Ashland, OR 97520

> **TL;DR:** single family, $855,000 ($594/sqft), built 1940, 1,440 sqft.
> Fireplace, View, Hardwood, A/C. Est. $3,705/mo. Listed 25 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $855,000 |
| Price/sqft | $594 |
| Square Feet | 1,440 |
| Year Built | 1940 |
| Lot Size | 11,761 sqft (0.27 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 25 |

## Why This Home Stands Out

- **Views** - Territorial
- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,705 |
| **Total** | **$3,705** |

## Nearby Schools

- **Elementary:** Check with District
- **Middle:** Check with District
- **High:** Check with District

## Key Amenities

- Fireplace
- View
- Hardwood
- A/C

## Property Highlights

- Built in 1940
- 0.27 acre lot
- Fireplace

## Description

### Agent Description
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.

## Location

- **Address:** 128 S Mountain Avenue, Ashland, OR 97520
- **County:** Jackson
- **Neighborhood:** Ashland Homestead Association
- **Coordinates:** 42.19216, -122.698724
- **Google Maps:** https://www.google.com/maps?q=42.19216,-122.698724

## Listing Agent

- **Name:** Glen O Thone
- **Brokerage:** RE/MAX Integrity
- **Phone:** 5419445873
- **Email:** glenthone.realestate@gmail.com

## Primary Photo

![128 S Mountain Avenue - Primary Photo](http://lh.rdcpix.com/ffef4e9345a0c3aeaeb4034a45899a46l-f2194254742r.jpg)

*33 total photos available on [listing page](https://www.propertysimple.com/listing/128-s-mountain-avenue-ashland-or-97520-20217221)*

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**MLS#:** 220217221 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/128-s-mountain-avenue-ashland-or-97520-20217221)

---

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