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About This Home
This 3-bedroom, 3-bathroom residential multi family at 1054 NE FALOMA Rd in Portland, OR is listed for $635,000 ($374 per sqft). Built in 1935, the home offers 1,700 sqft of living space on a 0.79 acres lot.
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.
Key Features
- Built in 1935
- 0.79 acre lot
Property Details
Monthly Cost Estimate
$3,396/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1054 NE FALOMA Rd
Portland, OR 97211
BRIDGETON
Property Details
Heating
Questions & Answers
This 3-bedroom, 3-bathroom residential multi family at 1054 NE FALOMA Rd is listed at $635,000 ($374/sqft). The estimated monthly payment is $2,752 based on 20% down at 6.5% interest.
Key features include: Built in 1935, 0.79 acre lot.
This property is listed by Nycole Peraza-LaFave and can be reached at 3605216000 or nycolelafave@gmail.com.
