3120 Powell St Ashland, KY 41101
Normal NeighborhoodEstimated payment $305/month
About This Home
Excellent opportunity to own a 2-bedroom, 1-bath home in Ashland, Kentucky, conveniently located near the hospital and major amenities. This property is tenant-occupied with a long-term renter currently paying $850 per month, providing immediate cash flow from day one of ownership. The home offers a practical layout that appeals to long-term tenants, making it a solid addition to any rental portfolio. With consistent rental history already in place, this is a turnkey investment—no vacancy, no lease-up period, and no delays in income. Whether you’re a seasoned investor or looking for your first rental property, this is a low-maintenance, income-producing asset in a strong rental area of Ashland.
Home Details
Home Type
- Single Family
Parking
- No Garage
Home Design
- Ranch Style House
- Metal Roof
- Vinyl Siding
Interior Spaces
- 812 Sq Ft Home
- Basement
- Basement Cellar
- Gas Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Additional Features
- Deck
- Lot Dimensions are 100x150
- Window Unit Cooling System
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $280 | $40,000 | $10,000 | $30,000 |
| 2024 | $114 | $11,000 | $6,000 | $5,000 |
| 2023 | $115 | $11,000 | $1,000 | $10,000 |
| 2022 | $116 | $11,000 | $1,000 | $10,000 |
| 2021 | $116 | $11,000 | $1,000 | $10,000 |
| 2020 | $118 | $11,000 | $1,000 | $10,000 |
| 2019 | $118 | $11,000 | $0 | $0 |
| 2018 | $119 | $11,000 | $0 | $0 |
| 2017 | $83 | $11,000 | $0 | $0 |
| 2016 | $66 | $11,000 | $1,000 | $10,000 |
| 2015 | $66 | $11,000 | $1,000 | $10,000 |
| 2012 | -- | $11,000 | $11,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/29/2025 12/29/25 | For Sale | $55,000 | +37.5% | $68 / Sq Ft | |
| 10/25/2024 10/25/24 | Sold | $40,000 | -14.7% | $49 / Sq Ft | View Prior Sale |
| 08/07/2024 08/07/24 | Price Changed | $46,900 | -6.0% | $58 / Sq Ft | |
| 07/01/2024 07/01/24 | Price Changed | $49,900 | -9.3% | $61 / Sq Ft | |
| 06/13/2024 06/13/24 | For Sale | $55,000 | +83.3% | $68 / Sq Ft | |
| 03/04/2024 03/04/24 | Sold | $30,000 | -25.0% | $37 / Sq Ft | View Prior Sale |
| 02/21/2024 02/21/24 | For Sale | $40,000 | -- | $49 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $40,000 | None Listed On Document | |
| Deed | $6,000 | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $32,000 | New Conventional |
Source: Ashland Area Board of REALTORS®
MLS Number: 59913
APN: 038-15-06-038.00
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Ask me questions while you tour the home.