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For sale

$855,000

128 S Mountain Avenue

Ashland, OR 97520 · Ashland Homestead Association

Baths
0
Acres
0.27
Built
1940
Est. $4,936/mo~225 min to downtown Bend (approx.)
Listing by RE/MAX Integrity · 541-770-3325

MLS# 220217221 · Active

01

About this home

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.

02

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03

Price history

15 days, no changes
04

Drive times

~225 min to downtown Bend
05

Facts & features

Built 1940
06

Location & schools

Ashland Homestead Association
07

Monthly payment

$4,936/mo
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Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 2:01 PM.

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