1054 NE FALOMA RD, Portland, OR 97211

  • $635,000
  • $635,000

Overview

  • 1.0
    Car Garage
  • 1700 Sqft
    Property Size
  • 1935
    Year Built
  • MultiFamily
    Property Type
  • 165466611
    MLS#
  • 0.79 Acres
    Land Area
  • eXp Realty, LLC
    Office Name
  • Nycole Peraza-LaFave
    Agent Name

Description

Portland Cool Meets Modern Tudor: The High-Yield Urban Homestead. Ditch the cookie-cutter. This is a character-filled, three-income sanctuary on nearly an acre of PNW freedom. No HOA, high-end vibes, and heavy-hitting metrics: 6.174% CAP | 13.9 IRR. Unit 1: The Designer Flat Boutique 1BR/1BA. Private kitchenette, living space, and show-stopping imported stairs leading to a massive private deck. Unit 2: The Modern Sanctuary High-volume 2BR/2BA. Soaring vaulted ceilings, full kitchen, and Brazilian cherry floors. The primary suite is a “glass house” sanctuary with 17 windows and a spa-grade Bluetooth shower. Unit 3: The Passive Income Engine Dedicated RV space with full hookups and parking. Currently occupied by a reliable, long-term renter at $800/month. The Homestead & Land-The Grounds: Nearly an acre of potential. Greenhouse, plenty of room to grow your own vegetable garden, and a fresh orchard (plum, peach, apple, pear). The Freedom: Shared laundry, drive-through garage, and room for chickens or goats. The Location-Secluded oasis meets city-connected convenience. Minutes to I-5, Marine Drive, and PDX.3 Units-almost 1 Acre-Total Freedom.

Details

Updated on May 29, 2026 at 7:13 am
  • MLS# 165466611
  • Price $635,000
  • Property Size 1700 Sqft
  • Land Area 0.79 Acres
  • Car Garage 1.0
  • Garage Size x x
  • Year Built 1935
  • Property Type MultiFamily
  • Property Status Active
  • Office Name eXp Realty, LLC
  • Agent Name Nycole Peraza-LaFave
  • Office Phone 888-814-9613

Additional details

  • Listing Terms Cash, Contract, Conventional, FHA, VALoan
  • Roof Composition
  • Sewer Public Sewer
  • Heating Forced Air
  • County Multnomah
  • Property Type MultiFamily
  • Parking Driveway, RVAccess Parking
  • Elementary School Faubion
  • Middle School Other
  • High School Jefferson
  • Community Features Central Air, Laundry

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