158 N Mountain Avenue, Ashland, OR 97520

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$800,000
Status
ACTIVE
Days on Market
12
MLS#
220230065
Subtype
Residential Income
Style
Craftsman
Year Built
2023
Lot Size
7,405
Acres
0.17
Subdivision
N/A
Neighborhood
N/A

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.

Additional Information

Interior Features
Fiberglass Stall Shower
Exterior Features
Courtyard
Taxes
$9,381
HOA Fee
$75
Property Description
Craftsman
Zoning
Res
Flooring
Laminate, Simulated Wood, Tile, Vinyl
Appliances
Instant Hot Water
Heating
Ductless, Heat Pump, Zoned
Air Conditioning
Heat Pump, Zoned, Other, Ductless
Stories
Two
Levels
Two
Roof
Composition, Metal
Foundation
Concrete Perimeter
Parking Features
Driveway, Electric Vehicle Charging Station(s), On Street, Shared Driveway
Elementary School
Walker Elem
Middle School
Ashland Middle
High School
Ashland High
View
Creek/Stream, Mountain(s), Park/Greenbelt

Courtesy of Realty Net of Central Oregon

The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated:

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks