Listed by: John Steinbergs · Gateway Real Estate

$1,150,000Price cut $50,000
  • — beds
  • 0 baths
  • — sqft

1169 Iowa Street, Ashland, OR 97520

Est. $7,120/moPayment calculator
  • TriplexHome type
  • Built in 2016Year built
  • 5,663 sqftLot
  • NoneHOA

About this home

  • Listed Jul 3, 2026
  • 92 days on market
  • 47 photos

Rare Ashland investment opportunity, three modern townhomes built in 2016, each on its own separate tax lot, offered together as a package. Every unit is a spacious 3-bedroom, 2-full-bath, a hard-to-find configuration in the local rental market. Unit 1173 offers 1,280 sf and a two-car garage, while 1169 and 1171 each offer 1,188 sf and a one-car garage. Turnkey interiors feature stainless steel appliances, warm shaker cabinetry, and 100% solid surface flooring, no carpet anywhere. Current rents total $6,605/month with near-zero vacancy since construction, a track record of dependable income that speaks for itself. Individual tax lots offer long-term flexibility that is rarely found in multi-unit properties. Ideal for the investor seeking newer, low-maintenance construction, or an owner-occupant living in one unit while the other two help pay the mortgage. Close to SOU, downtown, and everyday amenities. Not to be sold separately.

Facts & features

Interior

Bathrooms
0
Levels
Two

Features

  • Fiberglass Stall Shower
  • Shower/Tub Combo

Appliances

  • Dishwasher
  • Dryer
  • Microwave
  • Oven
  • Refrigerator
  • Washer

Heating & cooling

  • Forced Air
  • Natural Gas
  • Central Air

Flooring

  • Simulated Wood
  • Vinyl

Property

Lot size
5,663 sqft
Subdivision
N/A

View

  • Mountain(s)
  • Neighborhood
  • Territorial

Parking

  • Asphalt
  • Attached
  • Driveway
  • Garage Door Opener
  • Shared Driveway

Construction

Home type
Triplex
Property type
Residential Income
Year built
2016

Materials

  • Frame
  • Composition roof

Utilities

Sewer & water

  • Public Sewer
  • Public water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Jackson

Financial & listing details

List price
$1,150,000
Original list price
$1,200,000
Annual property tax
$12,776
Date on market
Jul 3, 2026
Days on market
92
MLS#
220224634

Price & status history

DateEventPrice
Jul 3, 2026Listed for sale$1,200,000

Neighborhood

  • SubdivisionN/A
  • CityAshland, OR 97520
  • CountyJackson

Payment calculator

Estimated monthly payment

$7,120/mo

  • Principal & interest$5,815
  • Property taxes$1,065
  • Homeowners insurance$240
  • HOA dues$0

Loan amount $920,000 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

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Listing provided by Gateway Real Estate · Listing agent: John Steinbergs

Source
MLS of Central Oregon
MLS#
220224634
Last updated
Aug 18, 2026 at 3:14 PM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.