$855,000

128 S Mountain Avenue, Ashland, OR 97520

  • 1,440 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $594/sqft
  • Property List Date Icon Listed 19 days ago

Property 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.

Listing Status:
Active
Date Added:
March 16, 2026
Data Last Updated:
April 4, 2026 at 12:38PM
Listing Office:
RE/MAX Integrity : 541-770-3325
MLS ID:
220217221
  • General: Ceiling Fan(s)Laminate CountersShower/Tub Combo
  • Appliances: CooktopDishwasherDisposalOvenRangeRefrigeratorWater Heater
  • Basement: None
  • Flooring: CarpetHardwoodLaminateVinyl
  • A/C: Wall/Window Unit(s)
  • Heating: Natural GasWall FurnaceOther
  • Fireplace: GasLiving RoomFireplace
  • General: StorageWorkshop
  • Style: Ranch
  • Other Structures: StorageWorkshop
  • Parking: DetachedDrivewayGravelOn StreetWorkshop in Garage
  • Roofing: Composition
  • Windows: Double Pane WindowsVinyl Frames
  • General: FrameOneConcrete Perimeter
  • Road/Access: Shared Access
  • County: Jackson
  • Zoning: 10077141
  • View: Mountain(s)TerritorialNeighborhood
  • Water: Public
  • Sewer: Public Sewer
  • Exclusions: Tenants Personal Property

This listing courtesy of RE/MAX Integrity

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

John Muir Outdoor School

100 Walker Ave, Ashland, OR, 97520

Grades KG-8

0.60 miles away

A

Ashland Middle School

100 Walker Ave, Ashland, OR, 97520

Grades 6-8

0.60 miles away

A

Ashland High School

201 S Mountain Ave, Ashland, OR, 97520

Grades 9-12

0.08 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.