240 Grant ST Ashland, OR 97520

UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,208 sqft
Price per Sqft $86
MLS Listing ID 220227186
Style Craftsman,Northwest
Condo Fees $1,129
HOA Fees $1,129
Year Built 2003
Annual Tax Amount $3,472
Lot Size 1,306 Sqft
Acres 0.03
Lot Dimensions 0.03
Property Sub-Type Multi Family
Property Description
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.
Location
State OR
County Jackson
Rooms
Basement None
Interior
Interior Features Built-in Features, Granite Counters, Linen Closet, Primary Downstairs, Shower/Tub Combo
Window Features Double Pane Windows,Vinyl Frames
Interior Features Built-in Features, Granite Counters, Linen Closet, Primary Downstairs, Shower/Tub Combo
Heating/Cooling Forced Air, Natural Gas
Exterior
Parking Features Asphalt, Assigned, Detached Carport, On Street, Storage
Community Features Pool, Pickleball, Access to Public Lands, Gas Available, Park, Playground, Short Term Rentals Not Allowed, Sport Court, Tennis Court(s), Trail(s)
Amenities Available Landscaping, Sewer, Trash, Other
Roof Type Composition
CommunityFeatures Pool, Pickleball, Access to Public Lands, Gas Available, Park, Playground, Short Term Rentals Not Allowed, Sport Court, Tennis Court(s), Trail(s)
Parking Asphalt, Assigned, Detached Carport, On Street, Storage
Building
Lot Description Garden, Landscaped, Level
Foundation Slab
Water Public
Architectural Style Craftsman, Northwest
Level or Stories One
Structure Type Frame
New Construction No
Construction Frame
Schools
High Schools Ashland High
Others
Senior Community No
Tax ID 10982928
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Owner Will Carry, Private Financing Available
Listing Terms Cash, Owner Will Carry, Private Financing Available
Special Listing Condition Standard

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