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    • $855,000

    128 S Mountain Ave, Ashland, OR 97520

    4beds
    1,440sqft
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    Duplex, Multi Family
    Built in 1940
    -- sqft lot
    $817,500 Zestimate®
    $594/sqft
    $-- HOA

    What's special

    Vinyl windowsNew water heaterNewer roofStainless appliances
    Prime Investment & Development Opportunity in Ashland. Well-maintained duplex located close to downtown offering immediate cash flow and long-term upside potential. Both units are rented at $1,450 per month ($2,900 total), with tenants paying all utilities, keeping operating expenses low. Property has an excellent rental history and is professionally managed. Capital improvements include newer roof, vinyl windows, stainless appliances, gas log fireplace (rear unit), new water heater and additional updates. Situated on a large approx. 0.27-acre R-3 high-density zoned lot, creating exceptional future redevelopment potential. The City of Ashland Planning Department indicates a 5.4 base density factor with potential for up to 20 units. (buyer due diligence required). For development details contact Aaron Anderson or Nick Schubert at City of Ashland Planning Department.
    129 days
    |
    138
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    RE/MAX Integrity 541-770-3325

    Source: Oregon Datashare,MLS#: 220217221MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Natural Gas, Wall Furnace, Other
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater
      Features
      • Ceiling Fan(s), Laminate Counters, Primary Downstairs, Shower/Tub Combo
      • Flooring: Carpet, Hardwood, Laminate, Vinyl
      • Windows: Double Pane Windows, Vinyl Frames
      • Basement: None
      • Has fireplace: Yes
      • Fireplace features: Gas, Living Room
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 1,440
      • Total interior livable area: 1,440 sqft

      Property

      Parking
      • Parking features: Detached, Driveway, Gravel, On Street, Workshop in Garage
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Fencing: Fenced
      • Has view: Yes
      • View description: Mountain(s), Neighborhood, Territorial
      Lot
      • Size: 0.27 Acres
      • Features: Landscaped, Level
      Details
      • Additional structures: Storage, Workshop
      • Parcel number: 10077141
      • Zoning description: R-3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch
      • Property subtype: Duplex, Multi Family
      Materials
      • Frame
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Ashland Homestead Association
      HOA
      • Has HOA: No
      Location
      • Region: Ashland

      Financial & listing details

      • Price per square foot: $594/sqft
      • Tax assessed value: $367,630
      • Annual tax amount: $3,501
      • Date on market: 3/16/2026
      • Cumulative days on market: 129 days
      • Listing terms: Cash,Conventional
      • Inclusions: R/O, D/W, G/D, Water Heater, Frig
      • Exclusions: Tenants Personal Property
      • Road surface type: Paved

        Estimated market value

        $817,500

        $777,000 - $858,000

        $1,642/mo

        Price history

        DateEventPrice
        3/16/2026Listed for sale$855,000+1.2%$594/sqft
        Source: Oregon Datashare #220217221 Report a problem
        11/1/2025Listing removed$845,000$587/sqft
        Source: Oregon Datashare #220180922 Report a problem
        9/2/2025Listing removed$1,450$1/sqft
        Source: Zillow Rentals Report a problem
        8/12/2025Listed for rent$1,450+3.6%$1/sqft
        Source: Zillow Rentals Report a problem
        3/31/2025Price change$845,000-1.2%$587/sqft
        Source: Oregon Datashare #220180922 Report a problem
        5/31/2024Listing removed--
        Source: Zillow Rentals Report a problem
        5/7/2024Price change$1,400-3.4%$1/sqft
        Source: Zillow Rentals Report a problem
        4/20/2024Listed for sale$855,000+1610%$594/sqft
        Source: Oregon Datashare #220180922 Report a problem
        3/23/2024Listed for rent$1,450$1/sqft
        Source: Zillow Rentals Report a problem
        5/31/2002Sold$50,000$35/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,428 +3.4%$245,290 +3%
        2023$3,316 +3.3%$238,150
        2022$3,210 +3.5%$238,150 +3%
        2021$3,101 +2.9%$231,220 +6.1%
        2020$3,014 +1.6%$217,960 +3%
        2019$2,966 $211,620 +3%
        2018$2,966 +5.9%$205,460
        2017$2,802 +0.7%$205,460 +6.1%
        2016$2,782 +2.7%$193,670
        2015$2,709 +4%$193,670 +6.1%
        2014$2,604 -4.7%$182,560 +3%
        2013$2,733 +6%$177,250 +3%
        2012$2,579 -0.9%$172,090 +3%
        2011$2,602 +17.2%$167,080 +3%
        2010$2,220 +2.9%$162,220 +3%
        2009$2,158 +13.7%$157,500 +3%
        2008$1,898 -5.4%$152,920 +3%
        2007$2,006 +8.5%$148,470 +3%
        2006$1,850 +2.7%$144,150 +3%
        2005$1,801 +1.4%$139,960 +3%
        2004$1,775 +1.8%$135,890 +3%
        2003$1,743 $131,940 +3%
        2002-- $128,100 +3%
        2001-- $124,370 +3%
        2000-- $120,750
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 97520

        Getting around

        67 / 100
        Somewhat Walkable
        89 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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