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Triplex Residential Building
For Sale
$515,000

11722 SE ANKENY St, Portland, OR 97216

MULTI_FAMILY - Portland, OR

Property SizeContact for details
Lot Size0.12 Acres
Days on Market37

Property Features for 11722 SE ANKENY St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM2
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 4, Bedroom 1, Bathroom 6, Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 2, Bathroom 1, Bathroom 5, Bathroom 4, Bathroom 3, Bedroom 3
Subdivision HAZELWOOD
Elementary school Ventura Park
Middle school Floyd Light
High school David Douglas
Directions 117th & Ankeny
Standard status Active
APN R293734
Lot size 0.12 Acres

Taxes and HOA fees

Tax Description VENTURA PK, BLOCK 26, LOT 5&6
Tax Annual Amount 8345
Legal Description VENTURA PK, BLOCK 26, LOT 5&6

Utilities

Heating system Zoned

Building Details

Year built 2000
Floors in Building 3
Number of units 3
Roof type Composition
Listing Agency: Windermere Realty Trust · Windermere Real Estate
Listed By: Michelle Koury
Added: Jun 30 Changed: Aug 5 Last Checked: Aug 5 at 5:06PM
MLS# 343023376

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This triplex offers three residential units with zoned heating and a composition roof. Built in 2000, the property includes a total of multiple bedrooms and bathrooms across its rooms configuration.

The building is located at 11722 SE Ankeny St in Portland, Oregon 97216, within Multnomah County. Zoning is RM2, which may support a variety of multifamily residential uses depending on local requirements.

Set on a 0.12-acre lot, the property is positioned as a well-performing 3-plex in the Hazelwood area, offering an income-producing residential setup for qualified buyers and tenants seeking a small multifamily asset.

Key Highlights

  • Triplex with three residential units
  • RM2 zoning
  • 0.12‑acre lot

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Barber Shop Bakery Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,032
Businesses Nearby

Demographics for 97216, OR

17,488
Population
7,235
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
6,995
Density / Sq Mi
$71,951
Median Household Income
$42,537
Median Earnings
$1,390
Median Rent
$439,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit triplex with zoned heating and composition roof, situated on a 0.12-acre lot in RM2 zoning.
Where is this triplex located?
The property is located at 11722 SE ANKENY St Portland, OR.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Triplex with three residential units; RM2 zoning; 0.12‑acre lot
More about this property
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