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Historic Residence with Detached ARU

19 Gresham Street Ashland, OR 97520

19 Gresham Street, Ashland, OR, 97520
$950,000
For Sale
Claim this Listing
$950,000

MULTI_FAMILY - Other - Ashland, OR

Property Size3,277 SF
Lot Size0.15 Acres
Price / SF$289.90
AddedMay 5
Days on Market72
Last RefreshJul 15 at 1:06 am

Property Features for 19 Gresham Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Alley, Driveway, On Street
Window features
Wood Frames, Double Pane Windows
Patio and Porch features
Porch
Interior features
Breakfast Bar, Built-in Features, Ceiling Fan(s), In-Law Floorplan, Kitchen Island, Linen Closet, Pantry, Primary Downstairs, Shower/Tub Combo, Soaking Tub, Tile Counters, Walk-In Closet(s)
Exterior features
Courtyard
Appliances
Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Range Hood, Refrigerator, Washer, Water Heater
Standard status
Active
APN
10068951
Size
3,277 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
6050

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas, Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public

Building Details

Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Frame
Roof type
Composition
Architectural style
Other
Additional Structures
Storage

Listing agent Rowe Real Estate Team License #201218617

Listing office John L. Scott Ashland 320 E Main Street #100, Medford, OR

Listing date May 5, 2026

MLS# 220220698 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 historic residence features a charming wrap-around covered porch and original solid fir floors, along with built-ins with leaded glass display cabinets and wood-wrapped windows. The layout includes spacious living and formal/informal dining areas, a kitchen with butcher block island, a walk-in pantry, a half-bath, three main-level bedrooms with a full bath, and a wide stairwell leading to two upper-level bedrooms with an additional full bath. A detached ARU was rebuilt in 2014 and includes a complete kitchen with alder cabinetry and glass displays, solid oak flooring, a skylight, a full bath, French doors to a private covered view balcony, plus a tiled main-level studio or bedroom, an additional full bath, and a laundry room.

The property is situated on a corner lot in downtown Ashland, directly across from the public library. It is fully fenced, includes a private brick courtyard, and offers three off-street parking spaces. Seller-carried financing is available.

Key Highlights

  • Historic Alice Foster House (built 1900) with fully renovated detached ARU for Traveler’s Accommodations
  • Main home features wrap‑around covered porch, original solid fir floors, built‑ins with leaded glass display cabinets, and wood‑wrapped windows
  • Main level includes kitchen with butcher block island and walk‑in pantry, plus 3 bedrooms and 1 full bath with half‑bath

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $53.1k $16.20
− Vacancy −$2.9k −$0.89
EGI $50.2k $15.31
− OpEx −$15.1k −$4.59
NOI $35.1k $10.72
3,277 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$501.7K
$439.0K – $585.3K (±1% cap)
NOI $35,117 @ 7.0% cap · market cap 3.70%
Second Best
Apartment 5plus
$440.3K
$385.3K – $513.7K (±1% cap)
NOI $30,820 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$791.0K
$692.1K – $922.8K (±1% cap)
NOI $55,368 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Auto Parts Store HVAC Service Barber Shop (Bike/Boat/Book/etc) Store Auto Repair Shop Veterinary Clinic Catering Service Pet Grooming Service (Bike/Boat/Book/etc) Store Building Supply

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

FAQs

What type of property is this?
Duplex - Historic main home plus a fully renovated detached ARU, each with kitchen and bath features, on a fenced corner lot.
Where is this duplex located?
The property is located at 19 Gresham Street Ashland, OR.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Historic Alice Foster House (built 1900) with fully renovated detached ARU for Traveler’s Accommodations; Main home features wrap‑around covered porch, original solid fir floors, built‑ins with leaded glass display cabinets, and wood‑wrapped windows; Main level includes kitchen with butcher block island and walk‑in pantry, plus 3 bedrooms and 1 full bath with half‑bath
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More about this property
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