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Duplex with R-3 Zoning

128 S Mountain Avenue, Ashland, OR 97520

For Sale
$855,000

Residential Income, Ashland, OR

Property Size1,440 SF
Lot Size0.27 Acres
Price / SF$593.75
Days on Market240

Property Features for 128 S Mountain Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R-3
Parking features Driveway, Garage, On Street
Window features Double Pane Windows, Vinyl Frames
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
Subdivision Ashland Homestead Association
Lot features Fenced, Landscaped, Level
View Territorial
Elementary school Check with District
Middle school Check with District
High school Check with District
Directions Take E. Main Street or Siskiyou Blvd. to S. MountainAvenue. Property is located across the street from Ashland High School.
Standard status Active
APN 10077141
Size 1,440 SF
Lot size 0.27 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3501

Utilities

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

Building Details

Year built 1940
Floors in Building 1
Number of units 2
Flooring type Vinyl, Laminate, Hardwood, Carpet
Building materials Frame
Roof type Composition
Architectural style Ranch
Additional Structures Storage
Listing Agency: RE/MAX Integrity · RE/MAX International
Listed By: Glen O Thone · License OR #900200151
Added: Mar 16 Changed: Oct 31 Last Checked: Nov 10 at 6:06AM
MLS# 220217221

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.

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Investment Insights

Based on property information with market context.

This 1,440-square-foot duplex includes two rented residential units within a 1940 ranch-style building. Property improvements include a newer composition roof, vinyl windows, stainless appliances, a new water heater, and a gas-log fireplace in the rear unit. Interior features include laminate counters, mixed flooring, ceiling fans, and downstairs primary bedrooms. A garage, driveway, on-street parking, and deck provide additional functionality.

The property is located near downtown Ashland on a 0.27-acre lot zoned R-3 for high-density residential use. The City of Ashland Planning Department indicates a 5.4 base density factor with potential for up to 20 units, subject to buyer due diligence. Public water and sewer serve the property, and the duplex is professionally managed with tenants paying utilities.

Key Highlights

  • Two‑unit residential property with 1,440 square feet
  • 0.27‑acre R‑3 high‑density zoned lot
  • City planning information indicates a 5.4 base density factor and potential for up to 20 units

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

905
Businesses Nearby

Demographics for 97520, OR

25,970
Population
13,964
Households
1.9
Avg Household Size
47
Median Age
61%
College-Educated
96%
High-School Grad
328.8 sq mi
ZIP Area
79
Density / Sq Mi
$71,485
Median Household Income
$31,869
Median Earnings
$1,360
Median Rent
$568,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Jackson County, OR

$272 Jul
$230 Aug
$239 Sep
$251 Oct

Properties on Market for Duplexes in Jackson County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units occupy a high-density lot near downtown with updated components and tenant-paid utilities.
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: Two‑unit residential property with 1,440 square feet; 0.27‑acre R‑3 high‑density zoned lot; City planning information indicates a 5.4 base density factor and potential for up to 20 units
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