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Listing provided courtesy of RE/MAX Integrity- MLS# 220217221MLS Provider

128 S Mountain AvenueAshland, OR 97520

Multi-Family · 1,440 Sq. ft. | 0.27 Acres
$855,000 Active

128 S Mountain Avenue Overview

Time on Site:
105 days
Visits:
0

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.

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128 S Mountain Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,440
  • Price/Sq.ft. $594
  • Lot 0.27 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Check with District
  • Middle Or Junior School: Check with District
  • High School: Check with District

Building Information

  • New Construction: false
  • Year Built: 1940

Location/Region

  • County Or Parish: Jackson
  • Subdivision Name: Ashland Homestead Association

Tax Information

  • Tax Annual Amount: 3501.21
  • Tax Year: 2025

General Information

  • Exclusions: Tenants Personal Property
  • Inclusions: R/O, D/W, G/D, Water Heater, Frig
  • Listing Terms: Cash,Conventional
  • Parcel Number: 10077141
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 1440.0

General Information

  • Appliances: Cooktop,Dishwasher,Disposal,Oven,Range,Refrigerator,Water Heater
  • Basement: None
  • Common Walls: 1 Common Wall
  • Fireplace Features: Gas,Living Room
  • Fireplace: true
  • Flooring: Carpet,Hardwood,Laminate,Vinyl
  • Foundation Details: Concrete Perimeter
  • Interior Features: Ceiling Fan(s),Laminate Counters,Primary Downstairs,Shower/Tub Combo
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Window Features: Double Pane Windows,Vinyl Frames

Exterior

Parking Information

  • Parking Features: Detached,Driveway,Gravel,On Street,Workshop in Garage

Lot Information

  • Additional Parcels: false
  • Lot Features: Fenced,Landscaped,Level
  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Square Feet: 11761.2
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: Mountain(s),Neighborhood,Territorial

Building Exterior/Construction

  • Architectural Style: Ranch
  • Attached Garage: false
  • Construction Materials: Frame
  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Other Structures: Storage,Workshop
  • Road Frontage Type: Shared Access
  • Sewer: Public Sewer

128 S Mountain Avenue Neighborhood

Community

97520 (Ashland) Demographics

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

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

128 S Mountain Avenue Monthly Cost

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* 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.

128 S Mountain Avenue Market Data

Based on the last 30 days in this zip code

$937,265
Average List Price
$403
Average Price per Square Foot
46
Properties Sold
117
Average Days on Market
237
Properties for Sale
Calculations provided by Reliance Network

128 S Mountain Avenue History

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