$800,000

Multi Family In Ashland

  • 2,481 Sqft
  • 7,841 Sqft lot
  • Updated: October 16
  • Source:
    Oregon Data Share  MLS#220230066

About the Property

Five-unit co-housing income property completed in 2023 in Ashland’s net-zero Beach Creek neighborhood. Three main-floor studios with private baths and a two-bedroom upstairs unit share a full common kitchen; an attached one-bedroom A. R. U. has its own kitchen, bath, and laundry. 2,481 SF of gross building area. Earth Advantage Platinum design with rooftop solar, energy recovery ventilation, ductl
Five-unit co-housing income property completed in 2023 in Ashland’s net-zero Beach Creek neighborhood. Three main-floor studios with private baths and a two-bedroom upstairs unit share a full common kitchen; an attached one-bedroom A. R. U. has its own kitchen, bath, and laundry. 2,481 SF of gross building area. Earth Advantage Platinum design with rooftop solar, energy recovery ventilation, ductless mini-split heat pumps in every unit, in-unit laundry, and keypad entry. Owner-paid utilities, including fiber internet. Current rent roll $6,875 per month ($82,500 annualized); GRM 9.70 and cap rate 7.08% on trailing twelve-month NOI. Walk Score 70, Bike Score 82, minutes to Downtown Ashland, Southern Oregon University, and North Mountain Park. Offered at $800,000, or $160,000 per unit. The adjoining five-unit residence at 158 N. Mountain Avenue is offered separately.
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  • Property type

    Other

  • Year built

    2023

  • Price/sqft

    $322

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166 N. Mountain Ave., Ashland, Oregon, United States View on Google Maps
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Realty Net of Central Oregon - Bend

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Realty Net of Central Oregon - Bend
Oregon, United States
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2025
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Realty Net of Central Oregon - Bend
Bend, Oregon, United States
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Last updated
October 16
First listed
October 16
Listing reference
220230066
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