Income-Producing Ashland Property with Versatile Living Options! Just minutes from downtown Ashland, this distinctive property offers adaptable living spaces and strong rental income. Officially a single-family home, it's been thoughtfully modified for extended or multi-generational use with a kitchenette, second bathroom, and private areas that share only the laundry room. The detached garden shed has been converted into a cozy cabin, adding valuable income potential. Current rents total $3,500 per month—$2,200 from Unit 3, $700 from Unit 1, and $600 from the cabin. Previously, Units 1 & 2 averaged about $1,800 monthly on short-term rentals. The EFU-zoned lot includes creek frontage, irrigation rights, and a fenced yard ideal for gardening. Updates include a 2020 well pump, pressure tank, reverse osmosis system, and ceiling fans. Close to Lithia Park, Oregon Shakespeare Festival, Emigrant Lake, SOU, and area wineries.