231 Hersey Street, Ashland, OR 97520
$2,935,000
Property Type:
Residential Income
Square Footage:
6,800
Lot Size (sq. ft.):
14,810
Status:
Closed
Current Price:
$2,935,000
List Date:
8/17/2018
Last Modified:
5/27/2026
Overview
Description
Listing Details MLS# 102993257
General Property Information
- Property Sub Type
- Multi Family
- Building Area Total
- 6800
- Building Area Source
- Assessor
- Year Built
- 2016
- Middle Or Junior School
- Ashland Middle
- High School
- Ashland High
- Zoning
- R-3
- Tax Annual Amount
- 15374.7
- Tax Year
- 2017
- CC&R's YN
- No
- Sign On Property YN
- No
Property Features
Construction Materials:
Frame
Foundation Details:
Concrete Perimeter
Heating:
Electric; Other
Roof:
Composition
Unit 1 Rent Includes:
Garbage; Landscaping; Sewer; Water
Unit 2 Rent Includes:
Garbage; Landscaping; Sewer; Water
Unit 3 Rent Includes:
Garbage; Landscaping; Sewer; Water
Unit 4 Rent Includes:
Garbage; Landscaping; Sewer; Water
Additional Features:
Common Area; Laundry Facility; Manager's Quarters; Separate Electric Meters
Flood:
N/A
Sewer:
Public Sewer
Water Source:
Public
Documents on File:
Seller Disclosure
Listing Terms:
Cash; Conventional
Special Listing Conditions:
Standard
Location Tax and Legal
- Street Number
- 231
- Street Name
- Hersey
- Street Suffix
- Street
- County
- Jackson
- State
- OR
- Postal Code
- 97520
Contract Information
- Original List Price
- 3490000
- List Price per SqFt
- 446.1201
- Listing Contract Date
- 2018-08-17
Remarks and Miscellaneous
- Public Remarks
- High end, newly constructed apt. complex close to Ashland Plazza. Complex consists of aprox. 2000 sq. ft 4/3 w/2 car garage designed w/ hardwood floors, granite, towel warmers and more. All units are rented. All apts. have Earth Advantage Certs, sprinkler systems, hardwood floors, granite and personal decks/balconies. Most apts. have spectacular views of surrounding mountains. Common area w/deck & fire pit along w/ center of complex lushly landscaped w/ water.
- Directions
- From Medford, take the first Ashland exit, turn right on S. Valley View Rd. Turn left on Hwy 99. Hwy 99 turns into N. Main St at the bridge, Turn left on Hersey St.
Status Change Information
- Close Date
- 2019-01-15
- Under Contract Date
- 2018-11-08
- Status Change Timestamp
- 2019-01-15
- Close Price
- 2935000
- Sold Price per SqFt
- 431.6176
More Information
Unit 1
- Unit #
- Yes
- # of Bedrooms
- Yes
- # Full Baths
- Yes
- Monthly Rent
- 1400
Unit 2
- Unit #
- 2
- # of Bedrooms
- Yes
- # Full Baths
- Yes
- Monthly Rent
- 1150
Unit 3
- Unit #
- 3
- # of Bedrooms
- Yes
- # Full Baths
- Yes
- Monthly Rent
- 1175
Unit 4
- Unit #
- 4
- # of Bedrooms
- Yes
- # Full Baths
- Yes
- Monthly Rent
- 1250
Income and Expenses (Annual Amounts)
- Gross Income
- 173400
- Operating Expense
- 30820
- Net Operating Income
- 142580
Listing Office:
Windermere Van Vleet Eagle Point
Last Updated: May - 27 - 2026
Information deemed reliable but not guaranteed.