Investor's dream! Four legal residential units — 5 bedroom home, 1 bedroom cottage, and 2 studios — with projected income of $6,500 per month located directly across from Southern Oregon University. Extensively remodeled main home now ADA-compliant and recognized as legal residential dwelling with anticipated rent of $3,500 per month features new fire suppression sprinkler system, five bedrooms with closets, two full bathrooms, new kitchen with stainless appliances and quartz counters, laundry room, office, bonus room, new HVAC, and rooftop solar array. Two lower-level studio apartments with kitchens and full bathrooms — each currently rented for $950 per month. Detached cottage with vaulted ceiling, skylights, loft, full bathroom, and kitchen with new range currently rented for $1,100 per month. Many potential uses in R-2 zoning with commercial overlay — including Traveler's Accommodation such as AirBnb or VRBO, residential care facility, or nursing home. Inquire for details!
Closed
$877,500
987 Siskiyou Blvd, Ashland, OR 97520
10beds
3,183sqft
Multi Family
Built in 1940
-- sqft lot
$949,300 Zestimate®
$276/sqft
$1,811 Estimated rent
Home value
$949,300
$883,000 - $1.03M
$1,811/mo
Zestimate® history
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List your homeWhat's special
Detached cottageNew rangeBonus roomResidential care facilityNew hvacVaulted ceiling
Zillow last checked:
Listing updated:
Listed by:
John L. Scott Ashland 541-488-1311
Bought with:
Cascade Hasson Sotheby's International Realty
Source: Oregon Datashare,MLS#: 220171273
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Refrigerator, Water Heater
Features
- Breakfast Bar, Built-in Features, Ceiling Fan(s), Linen Closet, Open Floorplan, Primary Downstairs, Shower/Tub Combo, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Concrete, Hardwood, Laminate, Tile
- Windows: Storm Window(s), Wood Frames
- Basement: Exterior Entry,Finished,Partial
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls,No Common Walls
Interior area
- Total structure area: 3,183
- Total interior livable area: 3,183 sqft
Property
Parking
- Parking features: Alley Access, Asphalt, Assigned, Attached Carport, Concrete, Driveway, No Garage, Parking Lot
- Has carport: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Approach with Ramp
Features
- Levels: Multi/Split
- Patio & porch: Deck, Patio
- Exterior features: Courtyard
- Has view: Yes
- View description: Mountain(s), Neighborhood
Lot
- Size: 0.25 Acres
- Features: Drip System, Landscaped, Level
Details
- Additional structures: Guest House, Storage
- Parcel number: 10077409
- Zoning description: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow,Traditional
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1940
Details
- Builder name: Scott Willits Construction
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Features: Pickleball, Park, Playground, Short Term Rentals Allowed, Sport Court, Tennis Court(s), Trail(s)
- Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Ashland
Financial & listing details
- Price per square foot: $276/sqft
- Annual tax amount: $6,448
- Date on market: 9/15/2023
- Cumulative days on market: 62 days
- Listing terms: Cash,Conventional,FHA,FMHA,USDA Loan,VA Loan
- Inclusions: All appliances: 4 full-size refrigerators, 1 mini-refreigerator, 2 range ovens, 2 cooktops, 1 microwave, 1 dishwasher.
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2023 | Sold | $877,500-7.6%$276/sqft |
Source:  Oregon Datashare #220171273 Report a problem | ||
| 11/16/2023 | Pending sale | $950,000$298/sqft |
Source: Oregon Datashare #220171273 Report a problem | ||
| 9/15/2023 | Listed for sale | $950,000+31%$298/sqft |
Source: Oregon Datashare #220171273 Report a problem | ||
| 4/29/2022 | Sold | $725,000-1.4%$228/sqft |
Source: Oregon Datashare #220140443 Report a problem | ||
| 3/10/2022 | Pending sale | $735,000$231/sqft |
Source: Oregon Datashare #220140443 Report a problem | ||
| 3/4/2022 | Listed for sale | $735,000-5.2%$231/sqft |
Source: Oregon Datashare #220140443 Report a problem | ||
| 1/22/2022 | Listing removed | -- |
Source: Oregon Datashare #220135472 Report a problem | ||
| 12/11/2021 | Price change | $775,000-8.8%$243/sqft |
Source: Oregon Datashare #220135472 Report a problem | ||
| 11/13/2021 | Listed for sale | $850,000$267/sqft |
Source: Oregon Datashare #220135472 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 97520
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Nearby schools
GreatSchools rating
- 10/10Walker Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Ashland Middle SchoolGrades: 6-8Distance: 0.6 mi
- 9/10Ashland High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Walker Elem
- 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.
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- Oregon
- Jackson County
- Ashland
- 97520
- 987 Siskiyou Blvd
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