Listed by: Glen O Thone · RE/MAX Integrity
- — beds
- 0 baths
- — sqft
128 S Mountain Avenue, Ashland, OR 97520
- DuplexHome type
- Built in 1940Year built
- 0.27 acresLot
- NoneHOA
About this home
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.
Facts & features
Interior
- Bathrooms
- 0
- Levels
- One
Features
- Ceiling Fan(s)
- Laminate Counters
- Primary Downstairs
- Shower/Tub Combo
Appliances
- Cooktop
- Dishwasher
- Disposal
- Oven
- Range
- Refrigerator
- Water Heater
Heating & cooling
- Natural Gas
- Wall Furnace
- Other
- Wall/Window Unit(s)
Flooring
- Carpet
- Hardwood
- Laminate
- Vinyl
Property
- Lot size
- 0.27 acres
- Subdivision
- Ashland Homestead Association
View
- Mountain(s)
- Neighborhood
- Territorial
Parking
- Detached
- Driveway
- Gravel
- On Street
- Workshop in Garage
Construction
- Home type
- Duplex
- Property type
- Residential Income
- Year built
- 1940
Materials
- Frame
- Composition roof
Utilities
Sewer & water
- Public Sewer
- Public water
Community & HOA
- Subdivision
- Ashland Homestead Association
- HOA dues
- None
- County
- Jackson
Financial & listing details
- List price
- $855,000
- Annual property tax
- $3,501
- Date on market
- Sep 22, 2026
- Days on market
- 10
- MLS#
- 220217221
Price & status history
| Date | Event | Price |
|---|---|---|
| Sep 22, 2026 | Listed for sale | $855,000 |
Neighborhood
- SubdivisionAshland Homestead Association
- CityAshland, OR 97520
- CountyJackson
Payment calculator
Estimated monthly payment
$4,793/mo
- Principal & interest$4,323
- Property taxes$292
- Homeowners insurance$178
- HOA dues$0
Loan amount $684,000 · 30-year fixed at 6.5%
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 RE/MAX Integrity · Listing agent: Glen O Thone
- Source
- MLS of Central Oregon
- MLS#
- 220217221
- Last updated
- Sep 22, 2026 at 9:03 AM
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.