240 Grant Street, Ashland, OR 97520

$965,000

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Listing courtesy of John L. Scott Ashland.

List Price
$965,000
MLS#
220227186
Status
ACTIVE
City
Ashland
County
Jackson
Year Built
2003

Property Description

Ten, six, or four-unit investment opportunity in Ashland's Hillview Condominiums near Scenic Park and Asante Ashland. Seller-carried financing available at ~3.99% AFR with 50% down, interest-only payments, with balloon due in three years. Each unit ranges from 1,034 to 1,174 SqFt with two bedrooms, one full bath, open living and dining space, high ceilings, in-unit laundry, kitchen with granite counters and all appliances included, dedicated parking, storage, and access to landscaped common areas. Ground-level units with fully fenced private backyards and poured concrete patios. Current gross monthly income is $15,730 across all ten units following rent increases effective August 1st, 2026. Stable tenancy averaging four-plus years, room for further rent growth, and association-maintained exterior building components including roofs, siding, paint, and landscaping. Complete investment analysis, rent roll, association documents, and due diligence materials available upon request.

Additional Information

HOA Fee
$1,129
Taxes
$3,472
Acres
0.03
View
Cascade Mountains, Mountain(s), Park/Greenbelt, Neighborhood
Water
Public
Heating
Forced Air, Natural Gas
Foundation
Slab
Flooring
Carpet, Tile, Vinyl
Elementary School
Helman Elem
Middle School
Ashland Middle
High School
Ashland High

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Calculator source: Real Geeks

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: