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128 S Mountain Ave
Ashland, OR 97520

$855,000 USD

Apartments For Sale  •  1,440 SF

Property Details

  • Property Type Apartments
  • Total Building Size 1,440 SF
  • Lot Size 0.27 AC
  • Building Class B
  • Year Built 1971
  • Zoning R-3
30 Transit Score
50 Walk Score

Highlights

Well-maintained duplex located near downtown Ashland, offering immediate rental income and long-term investment potential.
Both units are currently leased at $1,450 per month each, with tenants responsible for all utilities, minimizing operating expenses.
Significant capital improvements include a newer roof, vinyl windows, stainless steel appliances, gas log fireplace, and a new water heater.
Situated on an approximately 0.27-acre R-3 high-density zoned lot, providing exceptional redevelopment potential with a base density factor of 5.4 and
Professionally managed property with a strong rental history, ensuring stability and consistent cash flow.
Conveniently located close to schools, parks, and downtown amenities, enhancing tenant appeal and future development value.

Public Transportation

AirportDriveWalkDistance
Rogue Valley International - Medford 27 min - 16.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: OneCarGarage
Included in Rent: Yes
Glen Thone 541-944-5873 RE/MAX Integrity
Glen Thone 541-944-5873 RE/MAX Integrity