240 Grant Street, Ashland, OR 97520

$965,000

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List Price
$965,000
Days on Market
24
MLS#
220227186
Acres
0.03
Lot Size
1,306
Year Built
2003
subdivision
N/A

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

Style
Craftsman, Northwest
Stories
One
Foundation
Slab
Roof
Composition
Flooring
Carpet, Tile, Vinyl
Interior Features
Built-in Features, Granite Counters, Linen Closet, Shower/Tub Combo
Appliances
Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Range Hood, Washer, Water Heater
View
Cascade Mountains, Mountain(s), Park/Greenbelt, Neighborhood
Cooling
Central Air
Heating
Forced Air, Natural Gas
Water
Public
Sewer
Public Sewer
Elementary School
Helman Elem
Middle School
Ashland Middle
High School
Ashland High
Taxes
$3,472
Zoning
R-2

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Calculator source: Real Geeks

Listing courtesy of John L. Scott Ashland.

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