128 S Mountain Avenue, Ashland OR 97520

128 S Mountain AvenueAshland, OR 97520

Active

$855,000

0 SqFt

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.

Property Type:
Residential Income
Architectural Style:
Ranch
Bedrooms:
Bathrooms:
0
Dwelling Size:
0 SqFt
Lot Size:
0.27 Acres
Lot Description:
Stories:
Year Built:
1940

Interior Features:
Ceiling Fan(s), Laminate Counters, Primary Downstairs, Shower/Tub Combo
Exterior Features:
Parking:

Garage or Parking Spaces:
Features: Detached, Driveway, Gravel, On Street, Workshop in Garage
Area:
Views:
Mountain(s), Neighborhood, Territorial
Schools:
High School(s): Check with District
Middle School(s): Check with District
Elementary School(s): Check with District
HOA:
Senior Community:

Heating:
Natural Gas,Wall Furnace,Other
Cooling:
Wall/Window Unit(s)
Appliances:
Cooktop, Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater
Fireplace:
Fireplace(s):
Features: Gas,Living Room
Accessibility:
Security Features:
Carbon Monoxide Detector(s), Smoke Detector(s)
Foundation:
Concrete Perimeter
Roof:
Composition

Listing Office: RE/MAX Integrity. Listing Agent: Glen O Thone. Listing ID: 220217221

Last Updated May 27, 2026 1:58 PM
Data last checked against Oregon DataShare on June 11, 2026 12:52 AM

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128 S Mountain AvenueAshland, OR 97520

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