# 1054 NE FALOMA Rd, Portland, OR 97211

> **TL;DR:** 3bd/3ba residential multi family, $635,000 ($374/sqft), built 1935, 1,700 sqft. Est. $2,752/mo. Listed 67 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $635,000 |
| Price/sqft | $374 |
| Bedrooms | 3 |
| Bathrooms | 3 full |
| Square Feet | 1,700 |
| Year Built | 1935 |
| Lot Size | 34,412 sqft (0.79 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 67 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,752 |
| **Total** | **$2,752** |

## Nearby Schools

- **Elementary:** Faubion
- **High:** Jefferson

## Property Highlights

- Built in 1935
- 0.79 acre lot

## Description

### Agent 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.

## Location

- **Address:** 1054 NE FALOMA Rd, Portland, OR 97211
- **County:** Multnomah
- **Neighborhood:** BRIDGETON
- **Coordinates:** 45.59721, -122.654045
- **Google Maps:** https://www.google.com/maps?q=45.59721,-122.654045

## Listing Agent

- **Name:** Nycole Peraza-LaFave
- **Brokerage:** eXp Realty, LLC
- **Phone:** 3605216000
- **Email:** nycolelafave@gmail.com

## Primary Photo

![1054 NE FALOMA Rd - Primary Photo](http://lh.rdcpix.com/2cbe8b1dad699da951b9ea99e7409ed6l-f2902066404r.jpg)

*47 total photos available on [listing page](https://www.propertysimple.com/listing/1054-ne-faloma-rd-portland-or-97211-65466611)*

---

**MLS#:** 165466611 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1054-ne-faloma-rd-portland-or-97211-65466611)

---

## Structured Data

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  "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 Brazilia",
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