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Staci Drewien

staci@drewien.com +1(541) 840-8659

$ 800,000

Est. payment -/mo

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158 Mountain Avenue Ashland, OR 97520

2,461 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,461 sqft

Price per Sqft $325

MLS Listing ID 220230065

Style Craftsman

Condo Fees $75

HOA Fees $75

Year Built 2023

Annual Tax Amount $9,381

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 0.17

Property Sub-Type Multi Family

Property Description

Five units, 2023 construction, and a 6.23% cap rate in one of Ashland's most sustainable neighborhoods. 158 N. Mountain is a co-housing residence in the net-zero, solar-powered Beach Creek community: three studios, one two-bedroom unit, and an attached one-bedroom A.R.U., with 2,461 square feet of gross building area on a 7,190 square foot lot. Every unit has a private bathroom, in-unit laundry, heating and cooling, and electronic access; the four units with private kitchenettes also share a full kitchen and common living area, and the all-electric A.R.U. has its own kitchen. Solar power, high-efficiency HVAC and ERV systems, Energy Star appliances, and on-demand water heating keep operating costs low. Utilities, including fiber internet, are included in rent. Allocated T-12 NOI of $49,846 through June 2026; $800,000, or $160,000 per unit. Walk Score 70 and Bike Score 82, with a three-minute walk to the central bike path and easy access to Downtown Ashland & Southern Oregon University.

Location

State OR

County Jackson

Interior

Interior Features Fiberglass Stall Shower

Heating Ductless, Heat Pump, Zoned

Cooling Ductless, Heat Pump, Zoned, Other

Window Features Double Pane Windows,Vinyl Frames

Exterior

Exterior Feature Courtyard

Parking Features Driveway, Electric Vehicle Charging Station(s), On Street, Shared Driveway

Pool None

Amenities Available Landscaping

Roof Type Composition,Metal

Building

Lot Description Corner Lot, Fenced, Garden, Landscaped, Level

Foundation Concrete Perimeter

Water Public

Architectural Style Craftsman

Level or Stories Two

Structure Type Frame

New Construction No

Schools

High Schools Ashland High

Others

Senior Community No

Tax ID 11014663

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

Special Listing Condition Standard

Listed by Realty Net of Central Oregon

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Staci Drewien

Broker License ID: 201221146

+1(541) 840-8659 | staci@drewien.com

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Staci Drewien

158 Mountain Avenue Ashland, OR 97520

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158 Mountain Avenue