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541-326-6596
STEVE THOMAS GROUP
166 N. Mountain Ave., Ashland, OR 97520
- $800,000
Listing courtesy of Realty Net of Central Oregon.
- List Price
- $800,000
- Status
- ACTIVE
- MLS#
- 220230066
- Acres
- 0.18
- Lot Size
- 7,840
- Year Built
- 2023
- subdivision
- N/A
Property Description
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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Additional Information
- Style
- Craftsman
- Stories
- Two
- Foundation
- Concrete Perimeter
- Roof
- Composition, Metal
- Flooring
- Laminate, Simulated Wood, Vinyl
- Interior Features
- Fiberglass Stall Shower
- Appliances
- Dishwasher, Dryer, Instant Hot Water, Oven, Range, Refrigerator, Washer
- Exterior Features
- Courtyard
- View
- Mountain(s), Park/Greenbelt
- Cooling
- ENERGY STAR Qualified Equipment, Heat Pump, Ductless
- Heating
- Ductless, Heat Pump
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Walker Elem
- Middle School
- Ashland Middle
- High School
- Ashland High
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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. Listing content is copyright © 2018 SOMLS, Medford, Oregon. Last updated: