240 Grant Street, Ashland, OR 97520

$965,000

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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

Listing courtesy of John L. Scott Ashland.

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