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545 A St 2 Unit Apartment Building $1,300,000 ($650,000/Unit) 4.75% Cap Rate Ashland, OR 97520

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INVESTMENT HIGHLIGHTS

  • Mixed-use commercial and residential building in Ashland's historic Railroad District
  • Financials, proforma, improvements, maintenance records, and floor plans available
  • Thoroughly maintained and upgraded with low-e windows, fresh exterior paint, new furnaces and AC units, and a new roof

EXECUTIVE SUMMARY

Versatile mixed-use residential and commercial building with strong rental history in the heart of Ashland's historic Railroad District – located near parks, shopping, restaurants, and downtown entertainment. Main level rented by two long-standing commercial tenants occupying three units with multiple entrances from A Street, alley access to Ashland’s central bike path, five private parking spaces, and one shared ADA space. Each upper-level residential unit features a spacious living room, kitchen with dining counter and natural gas range oven, one to two bedrooms, full bathrooms, abundant natural light, and mountain views. Property is well maintained and upgraded with low-e windows, fresh exterior paint, new furnaces and AC units, and a new roof within the last ten years. Common area courtyard with mature ornamental trees and plantings. Full due diligence package available – including financials, pro forma, improvements, maintenance records, and floor plans. Inquire for details!

FINANCIAL SUMMARY (PRO FORMA - 2026)

ANNUAL ANNUAL PER SF
Gross Rental Income $92,535 $18.69
Other Income - -
Vacancy Loss - -
Effective Gross Income $92,535 $18.69
Taxes $13,395 $2.71
Operating Expenses $17,403 $3.52
Total Expenses $30,798 $6.22
Net Operating Income $61,737 $12.47

FINANCIAL SUMMARY (PRO FORMA - 2026)

Gross Rental Income
Annual $92,535
Annual Per SF $18.69
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $92,535
Annual Per SF $18.69
Taxes
Annual $13,395
Annual Per SF $2.71
Operating Expenses
Annual $17,403
Annual Per SF $3.52
Total Expenses
Annual $30,798
Annual Per SF $6.22
Net Operating Income
Annual $61,737
Annual Per SF $12.47

PROPERTY FACTS

Price $1,300,000
Price Per Unit $650,000
Sale Type Investment or Owner User
Cap Rate 4.75%
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Office
  • General Retail Storefront Retail/Residential
  • OfficeLoft Creative Space
Apartment Style Low-Rise
Building Class A
Lot Size 0.13 AC
Building Size 4,950 SF
No. Stories 2
Year Built 1997
Parking Ratio 1.01/1,000 SF
Zoning E-1 - "The district is designed to provide for a variety of uses such as office, retail, or manufacturing in an aesthetic environment..." (i.e., mixed use)
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10828855
Land Assessment
$44,000 (2025)
Improvements Assessment
$799,120 (2025)
Total Assessment
$843,120 (2025)
Annual Taxes
$13,395 ($2.71/SF)
Tax Year
2026 Payable 2026
  • Listing ID: 32976555

  • Date on Market: 8/27/2024

  • Last Updated:

  • Address: 545 A St, Ashland, OR 97520

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