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    563 Maple St Ashland, OR 97520

    Sponsored
    For Sale
    $1,045,000

    MULTI_FAMILY - Contemporary, Craftsman - Ashland, OR

    Property size:
    3,270 SF
    Lot size:
    0.20 Acres
    Days on Market:
    7
    Last Refresh:
    Mar 2 at 6:06 am

    Property Features for 563 Maple St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Window features
    Double Pane Windows, ENERGY STAR Qualified WIndows, Low Emissivity Windows, Vinyl Frames
    APN
    10056219
    Parking features
    Driveway, On Street
    Patio and Porch features
    Deck
    Interior features
    Breakfast Bar, Built-in Features, Ceiling Fan(s), Double Vanity, Fiberglass Stall Shower, Granite Counters, Primary Downstairs
    Fireplace
    1
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
    Size
    3,270 SF
    Lot size
    0.20 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Electric (Heating), Natural Gas
    Cooling system
    Ductless
    Water source
    Public

    Building Details

    Year built
    1895
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Laminate, Hardwood, Vinyl
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Craftsman, Contemporary
    Additional Structures
    Guest House

    We can help!

    Listing Contact
    Patricia Millen

    Millen Property Group (541) 301-3435

    Listing agent Patricia Millen (541) 488-0010

    Listing date Feb 24, 2026

    MLS# 220215880 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.

    Learn more

    Property Insight Report

    Overview

    Updated Residences with Studio in Ashland

    This property features two updated residences on a single tax lot, situated in a desirable neighborhood of Ashland, Oregon. The residences have separate addresses and meters. The main house, renovated in 2018, offers 1720 square feet of living space and includes 4 bedrooms and 2 bathrooms. A detached 2-car garage features an upper-level studio with a full bath, adding 480 square feet of versatile space that can be used as a fifth bedroom, office, or art studio. The second single-level home, constructed in 2018, provides 1070 square feet of modern interior space with high ceilings, 2 bedrooms, and 2 bathrooms. The total property size is 3270 square feet, set on a 0.2-acre lot. Off-street parking is available. The property is zoned R2, which currently allows for one AirBNB if the owners reside on the premises. The studio is not currently permitted as a separate residence, but there is potential to convert it into one, pending a preapplication with the city to determine viability. The property presents opportunities for income generation, multi-generational living, or use as a private compound. Past rents were $5295.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Jackson
    State
    Oregon
    Longitude
    -122.722435
    Latitude
    42.206305

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    FAQs

    What type of property is this?
    Multifamily property - Two updated homes plus studio on one lot in Ashland.
    Where is this multifamily property located?
    The property is located at 563 Maple St Ashland, OR.
    What is the asking price?
    The asking price for this property is $1,045,000.
    What are key features of this property?
    This property features: - Two updated residences on one tax lot with separate addresses and meters, offering income potential, multigenerational living, or a private compound.; - Main home (1720 SF) **renovated in 2018 with 4 bedrooms and 2 bathrooms.**; - Second single-level home (1070 SF) **built in 2018 with modern interior, open concept, 2 bedrooms, and 2 baths.**
    (541) 301-3435
    Request Owner's contact information
    563 Maple St Ashland, OR 97520
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    Ashland, OR 97520
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    563 Maple St Ashland, OR 97520
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    We can help!
    Listing Contact
    Patricia Millen
    Real Estate License ID: 940200113
    (541) 301-3435 (541) 488-0010
    Learn more
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