$474,900
$50K PRICE DROP

9023 SE Ankeny St Unit 9025 Portland, OR 97216

Montavilla Neighborhood

Estimated payment $2,988/month

Total Views 9,403
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 1-Story Property

About This Home

Don’t miss this rare opportunity to own a classic Portland duplex nestled on a quiet street. This property offers two spacious units, each featuring 2 bedrooms, 1 bathroom, and private laundry facilities—perfect for owner-occupancy, multigenerational living, or a solid investment. Step inside to discover the warmth of real hardwood floors that flow throughout both units, adding timeless charm and durability. The layout in each home is thoughtfully designed, offering bright living spaces, functional kitchens, and ample storage. Outside, each unit enjoys its own private, fenced yard, ideal for gardening, entertaining, or relaxing with a morning coffee. Whether you're looking to expand your rental portfolio or find a property with income potential, this duplex offers flexibility and long-term value. Located close to schools, shops, parks, and transit, 9023-9025 Ankeny St is a rare find in Portland.

Listing Agent

Drew Coleman

Opt Brokerage Phone: 503-351-3739 License #200109070 Listed on: 04/25/2025

Opt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,881

Year Built

  • Built in 1961

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Vestal Elementary School
  • Roseway Heights Middle School
  • Leodis Mcdaniel High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R210969

Community Details

Overview

  • 2 Units
  • Property managed by Mike Ames

Building Details

  • Operating Expense $11,185
  • Gross Income $27,770
  • Net Operating Income $16,585

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,881

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1961
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 474900.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Roof: Composition

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: Other
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Mike Ames

Schools

  • Elementary School: Vestal
  • High School: Leodis McDaniel
  • Middle Or Junior School: Roseway Heights

Lot Info

  • Zoning: R2.5
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: R210969

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 5881.24

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.1
  • Annual Gross Income: 27770.0
  • Property Net Operating Income: 16585.0
  • Annual Operating Expense: 11185.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,881 $218,270 -- --
2024 $5,670 $211,920 -- --
2023 $5,670 $205,750 $0 $0
2022 $5,334 $199,760 $0 $0
2021 $5,244 $193,950 $0 $0
2020 $4,811 $188,310 $0 $0
2019 $4,634 $182,830 $0 $0
2018 $4,498 $177,510 $0 $0
2017 $4,311 $172,340 $0 $0
2016 $3,945 $167,330 $0 $0
2015 $3,842 $162,460 $0 $0
2014 $3,777 $157,730 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2025 09/16/25 Price Changed $474,900 -1.1% --
08/19/2025 08/19/25 For Sale $480,000 0.0% --
08/08/2025 08/08/25 Pending -- -- --
07/14/2025 07/14/25 Price Changed $480,000 -4.0% --
07/01/2025 07/01/25 Price Changed $500,000 -4.8% --
04/25/2025 04/25/25 For Sale $525,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $213,700 Ticor Title Insurance Compan
Warranty Deed $144,900 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $184,455 Purchase Money Mortgage
Previous Owner $130,400 Purchase Money Mortgage
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 456063668

Regional Multiple Listing Service (RMLS)

APN: R210969