1054 NE Faloma Rd, Portland, OR 97211
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by: nycole peraza-lafave, mason becker
Office: exp realty, llc.888-814-9613
MLS#:165466611
Source:PORTLAND
Price summary
- Price:$635,000
- Price per sq. ft.:$373.53
About this home
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....
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Home facts
- Year built:1935
- Listing ID #:165466611
- Added:94 day(s) ago
- Updated:June 28, 2026 at 11:07 PM
Rooms and interior
- Total bathrooms:3
- Living area:1,700 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1935
- Building area:1,700 sq. ft.
- Lot area:0.79 Acres
- Lot Features:Level, Private, Secluded, Trees
- Levels:1 Story
Schools
- High school:Jefferson
- Middle school:Other
- Elementary school:Faubion
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$635,000
- Price per sq. ft.:$373.53
- Tax amount:$6,341
Parking
- Total parking spaces:1
- Parking description:Driveway, RV Access Parking
- Garage spaces:1
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