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3-Unit Multifamily Property
For Sale
$714,900

473 Scenic Drive, Ashland, OR 97520

Fully occupied residential asset with bright, open interiors and established proximity to downtown amenities.

Property SizeContact for details
Days on Market88

Property Features for 473 Scenic Drive

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 3 x 2BR/2BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $6,962
Listing Agency: HomeSmart Realty Pros
Listed By: Soraya F Ramsdell
Source: Exprealty
Added: Jun 5 Changed: Aug 30 Last Checked: Aug 30 at 3:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart Realty Pros

Investment Insights

Based on property information with market context.

Located at 473 Scenic Drive in Ashland, this multifamily property contains three legal, compliant units. Each residence offers two bedrooms and two baths, with vaulted ceilings and skylights contributing to bright, open living areas. The property is being sold as-is and is currently fully occupied.

The setting places the asset near downtown Ashland, shopping, dining, parks, and SOU. Its three-unit configuration and consistent floor plans provide a straightforward residential income property profile, while the existing occupancy offers an established operating position for a new owner. Showings are by appointment only, and occupants should not be disturbed.

Key Highlights

  • Three legal, compliant residential units
  • Each unit includes two bedrooms and two baths
  • Fully occupied property sold as‑is

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Auto Parts Store Barber Shop (Bike/Boat/Book/etc) Store Catering Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

921
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Fully occupied residential asset with bright, open interiors and established proximity to downtown amenities.
Where is this triplex located?
The property is located at 473 Scenic Drive Ashland, OR.
What is the asking price?
The asking price for this property is $714,900.
What are key features of this property?
This property features: Three legal, compliant residential units; Each unit includes two bedrooms and two baths; Fully occupied property sold as‑is
More about this property
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