128 S Mountain Avenue, Ashland, OR 97520
Ashland Homestead Association · Jackson County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Structure Type
House
Year Built
1940
Living Area
1,440 sq ft
Lot Size
0.27 acres
Days on Market
72
MLS® Listing#
220217221
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Parking
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Security
Other Structures
Sewer
Water Source
Schools
- Elementary:
- Check with District
- Middle:
- Check with District
- High:
- Check with District
Financial Details
HOA
None
Annual Taxes
$3,501
Tax year 2025
Parcel Number
10077141
Directions
Take E. Main Street or Siskiyou Blvd. to S. MountainAvenue. Property is located across the street from Ashland High School.
Affordability Calculator
$171,000
Estimated monthly payment
$4,551/mo
Principal $684,000 · Est. interest $954,241 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ashland, OR
- $633,333
- Median Listing Price
- 78
- Median Days on Market
- 2,007
- Median Sq Ft
- $321
- Median Price / Sq Ft
- 189
- Active Listings
- This home’s price is 35% above the area median.
- Its price per sq ft is 85% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ashland, OR.
Location
Getting Around
Points of Interest in Ashland, OR
Showing the Ashland area map.
Nearby Schools
Ashland High School
Secondary · 0.1 mi away
Ashland Public Schools
School · 0.1 mi away
Children's World Montessori
Elementary · 0.3 mi away
Ashland Middle School
Secondary · 0.6 mi away
Ashland Schools Foundation
School · 0.6 mi away
John Muir Elementary School
Elementary · 0.6 mi away
Willow Wind Community Learning Ctr
School · 0.6 mi away
Trails Outdoor School
Elementary · 0.6 mi away
Southern Oregon Head Start
Elementary · 0.6 mi away
Walker Elementary School
Elementary · 0.6 mi away
Bonney WLLS Sch of Shoe MKNG & DSGN
School · 0.7 mi away
The Siskiyou School
School · 1.3 mi away
Helman Elementary School
Elementary · 1.4 mi away
Lithia Springs School
School · 1.8 mi away
Bellview Elementary School
Elementary · 1.8 mi away
Talent Elementary School
Elementary · 5.8 mi away
Talent Middle School
Secondary · 5.9 mi away
Armadillo Technical Institute
Secondary · 8.2 mi away
Discovery Corner School of Early Learning
Elementary · 8.3 mi away
Phoenix Elementary School
Elementary · 8.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 694 Timberlake Drive, Ashland, OR | $599,000 | 3 | 3 | 2,184 |
| 34 Scenic Drive, Ashland, OR | $599,000 | 4 | 3 | 2,485 |
| 1650 E Nevada Street, Ashland, OR | $625,000 | — | — | — |
| 1921 Ashland Mine Road, Ashland, OR | $625,000 | 2 | 2 | 1,157 |
| 1536 Pinecrest Terrace, Ashland, OR | $625,000 | 3 | 3 | 2,287 |
| 426 Parkside Drive, Ashland, OR | $629,000 | 3 | 2 | 1,538 |
Moving Cost Estimate
EXIT Agents in Ashland
Listing Courtesy: RE/MAX Integrity - 5417703325
Last Updated: 2026-03-16