128 S Mountain Avenue, Ashland, OR 97520 | MLS #220217221 | Cascade Hasson Sotheby’s International Realty

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of RE/MAX IntegrityMLS# 220217221MLS Provider
  • 105 days on site
  • 0 views

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.

Source: Oregon Datashare, MLS#: 220217221

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential Income
  • Lot
    0.27 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Managing Principal

Create a profile so you can receive updates on this property as soon as they happen!

  • Median Age
    47
  • Population Density
    81
  • College Educated
    65%
  • Estimated Median Income
    $58,590
  • Estimated Total Home Owners
    7,005
  • Estimated Total Renters
    4,712
  • Owner / Renter Divide
    60% / 40%
  • Estimated Average Household Size
    2
  • Total Population
    25,345
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
3/16/2026Source: Oregon Datashare Added to Database
March 16, 2026