451 Main St, Ashland, OR 97520-1749
This exceptional Ashland, Oregon property at 451 N Main Street presents a unique investment opportunity. Spanning 0.3 acres, this landmark building boasts 3,302 square feet of meticulously maintained space. The main house, a testament to classic elegance, features original woodwork, high ceilings, and abundant natural light. Its spacious living areas flow seamlessly into four charming upstairs bedrooms, each with its own ensuite bathroom. Modern upgrades blend seamlessly with the preserved period charm. A fifth suite on the main level, with a private entrance, is ideal for generating rental income or use as a private office. Adding to the property's versatility is an attached one-bedroom, one-bathroom apartment, designed for independent functionality but easily integrated into the main house. Further enhancing the income potential is a detached 700-square-foot cottage with two bedrooms and 1.5 bathrooms, located at the rear of the property and possessing its own address. This separate dwelling offers significant rental possibilities. The property's prime location, just blocks from downtown Ashland, combined with its three distinct residences, makes it an exceptional opportunity for large families or savvy investors seeking substantial short-term rental income. Priced at $1,195,000, this landmark property offers a rare blend of historical charm, modern amenities, and significant income-generating potential. The landscaped pollinator garden adds a touch of natural beauty to this already impressive offering.
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Abigail's Bed and Breakfast Inn Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-2 · Ashland, ORAshland. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.