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    Ashland Duplex: Investment Opportunity

    128 S Mountain Avenue Ashland, OR 97520

    128 S Mountain Avenue, Ashland, OR, 97520
    $855,000
    For Sale
    Claim this Listing
    $855,000

    MULTI_FAMILY - Ranch - Ashland, OR

    Property Size1,440 SF
    Lot Size0.27 Acres
    Price / SF$593.75
    AddedMar 16
    Days on Market122
    Last RefreshJul 15 at 6:06 am

    Property Features for 128 S Mountain Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Parking features
    Driveway, Garage, On Street
    Window features
    Vinyl Frames, Double Pane Windows
    Patio and Porch features
    Deck
    Interior features
    Ceiling Fan(s), Laminate Counters, Primary Downstairs, Shower/Tub Combo
    Fireplace
    1
    Appliances
    Cooktop, Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater
    Standard status
    Active
    APN
    10077141
    Size
    1,440 SF
    Lot size
    0.27 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3501

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Wall Furnace
    Cooling system
    Window Unit(s), Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1940
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Vinyl, Carpet, Hardwood, Laminate
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Ranch
    Additional Structures
    Storage

    Listing agent Glen O Thone License #900200151

    Listing office RE/MAX Integrity 3539 Heathrow Way #200, Medford, OR

    Listing date Mar 16, 2026

    MLS# 220217221 Listing URL

    Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This well-maintained duplex in Ashland, Oregon, presents a prime investment and development opportunity. Located close to downtown, the property offers immediate cash flow and long-term upside potential. Both units are currently rented at $1,450 per month, generating a total of $2,900, with tenants responsible for all utilities, which helps to keep operating expenses low. The property has a strong rental history and is professionally managed. Capital improvements include a newer roof, vinyl windows, stainless steel appliances, a gas log fireplace in the rear unit, and a new water heater, along with additional updates. Situated on a large lot of approximately 0.27 acres, the property is zoned R-3 for high-density, creating exceptional future redevelopment potential. The City of Ashland Planning Department indicates a 5.4 base density factor with the potential for up to 20 units, pending buyer due diligence. The property size is 1440 square feet and is located in Jackson County.

    Key Highlights

    • Ranch duplex built in 1940 on a approx. 0.27‑acre R‑3 high‑density zoned lot
    • Both units are currently rented at $1,450 per month ($2,900 total); tenants pay all utilities
    • Capital improvements include newer roof, vinyl windows, and a new water heater

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex in Ashland with redevelopment potential.
    Where is this duplex located?
    The property is located at 128 S Mountain Avenue Ashland, OR.
    What is the asking price?
    The asking price for this property is $855,000.
    What are key features of this property?
    This property features: Ranch duplex built in 1940 on a approx. 0.27‑acre R‑3 high‑density zoned lot; Both units are currently rented at $1,450 per month ($2,900 total); tenants pay all utilities; Capital improvements include newer roof, vinyl windows, and a new water heater
    Contact an agent
    (541) 944-5873
    We can help!
    Contact an agent
    Glen O Thone
    Glen O Thone
    Real Estate License ID: 900200151
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