Active

Price cut: $50K (8/18)

$1,150,000

1169 Iowa St, Ashland, OR 97520

9beds

3,656sqft

$7,942/mo

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Triplex, Multi Family, Townhouse

Built in 2016

5,662 Square Feet Lot

$-- Zestimate^®

$315/sqft

$-- HOA

What's special

Stainless steel appliancesTurnkey interiorsWarm shaker cabinetry

Rare Ashland investment opportunity, three modern townhomes built in 2016, each on its own separate tax lot, offered together as a package. Every unit is a spacious 3-bedroom, 2-full-bath, a hard-to-find configuration in the local rental market. Unit 1173 offers 1,280 sf and a two-car garage, while 1169 and 1171 each offer 1,188 sf and a one-car garage. Turnkey interiors feature stainless steel appliances, warm shaker cabinetry, and 100% solid surface flooring, no carpet anywhere. Current rents total $6,605/month with near-zero vacancy since construction, a track record of dependable income that speaks for itself. Individual tax lots offer long-term flexibility that is rarely found in multi-unit properties. Ideal for the investor seeking newer, low-maintenance construction, or an owner-occupant living in one unit while the other two help pay the mortgage. Close to SOU, downtown, and everyday amenities. Not to be sold separately.

97 days
119
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 6
Full bathrooms: 4

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer

Features

Fiberglass Stall Shower, Shower/Tub Combo
Flooring: Simulated Wood, Vinyl
Windows: Double Pane Windows
Has fireplace: Yes
Fireplace features: Gas, Living Room
Common walls with other units/homes: 1 Common Wall,2+ Common Walls,End Unit

Interior area

Total structure area: 3,656
Total interior livable area: 3,656 sqft

Property

Parking

Parking features: Asphalt, Attached, Driveway, Garage Door Opener, Shared Driveway
Has attached garage: Yes
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Patio
Pool features: None
Has view: Yes
View description: Mountain(s), Neighborhood, Territorial

Lot

Size: 5,662 Square Feet
Features: Level

Details

Additional parcels included: 1-100192-4 #5501 (1169 Iowa), 1-100192-5 TL # 5502 (1171 Iowa), 1-100192-6 TL# 5503 (1173 Iowa), 1-100192-7 TL 5504 (road lot)
Parcel number: 11001924
Zoning description: R-3
Special conditions: Standard

Construction

Type & style

Home type: Townhouse
Architectural style: Contemporary,Craftsman
Property subtype: Triplex, Multi Family, Townhouse

Materials

Frame
Foundation: Concrete Perimeter
Roof: Composition

Condition

New construction: No
Year built: 2016

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Ashland

Financial & listing details

Price per square foot: $315/sqft
Tax assessed value: $423,980
Annual tax amount: $12,775
Date on market: 7/3/2026
Cumulative days on market: 98 days
Listing terms: Cash,Conventional
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/18/2026	Price change	$1,150,000-4.2%$315/sqft
Source: Oregon Datashare #220224634 Report a problem
7/3/2026	Listed for sale	$1,200,000+22.4%$328/sqft
Source: Oregon Datashare #220224634 Report a problem
1/12/2024	Listing removed	--
Source: Zillow Rentals Report a problem
9/21/2023	Listed for rent	$1,975$1/sqft
Source: Zillow Rentals Report a problem
1/19/2018	Sold	$980,000$268/sqft
Source: Oregon Datashare #102982073 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,056 +3.4%	$254,000 +3%
2023	$3,924 +3.3%	$246,610
2022	$3,798 +3.5%	$246,610 +3%
2021	$3,669 +2.9%	$239,430 +6.1%
2020	$3,566 +1.6%	$225,690 +3%
2019	$3,510	$219,120 +3%
2018	$3,510 +5.9%	$212,740 +44.5%
2017	$3,315 +45.6%	$147,200 +76.4%
2016	$2,277 +70.8%	$83,440
2015	$1,334	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 97520

Getting around

73 / 100

Very Walkable

87 / 100

Very Bikeable

Nearby schools

GreatSchools rating

10/10
Walker Elementary School
Grades: K-5Distance: 0.6 mi
7/10
Ashland Middle School
Grades: 6-8Distance: 0.6 mi
9/10
Ashland High School
Grades: 9-12Distance: 0.1 mi

Schools provided by the listing agent

Middle: Ashland Middle
High: Ashland High

Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.