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$635,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 days ago

Next open house:

Open House: 11:00 AM - 2:00 PM

Saturday 5/30 11:00 AM - 2:00 PM

1054 NE Faloma Rd,Portland, OR 97211

1054 NE Faloma RdPortlandOR97211

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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.

Full Property Details for 1054 NE Faloma Rd

General

  • Price: $635,000
  • Taxes: $6,340
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 165466611
  • Updated: 5/26/2026
  • Added to Site: 64 day(s) ago

Rental Information

  • Rent Includes: Electricity, Gas, Sewer

Additional Information

  • Security/Safety: Security Lights

Parking

  • Garage: Yes
  • Total Spaces: 1
  • Parking Features: Driveway, RV Access/Parking

Location

  • County: Multnomah
  • Subdivision: BRIDGETON
  • Driving Directions: Gertz Rd No. on 6th right on Faloma Rd to Property

School Information

  • Elementary School: Faubion
  • Middle School: Other
  • High School: Jefferson

Community

  • Community Name: 142 - Portland Northeast

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 1,700
  • Year Built: 1935
  • Property Condition: Converted

Lot Features

  • Lot Size (Acres): 0.79
  • Lot Size (Sq. Ft.): 34,412
  • Lot Size: 20, 000 SqFt to .99 Acres
  • Lot Dimensions: 150 x 223
  • Frontage: Gravel, Paved
  • Lot Features: Level, Private, Secluded, Trees

Financial Considerations

  • Operating Expenses: $15,500
  • Tax Amount: $6,340.79
  • Terms: Cash, Contract, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: SOUTH SHORE AC, LOT 7
  • Disclosures/Reports: Disclosure
  • Property ID: R272892

Listed by eXp Realty, LLC (888) 814-9613, Nycole Peraza-LaFave (360) 521-6000 and eXp Realty, LLC (888) 814-9613, Mason Becker (503) 983-1743

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Listing agents

— 1054 NE Faloma Rd —

  • Nycole Peraza-LaFave

    eXp Realty, LLC

    888-814-9613

  • Mason Becker

    eXp Realty, LLC

    888-814-9613

360-521-6000

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1054 NE Faloma Rd

School District:Portland School District 1j
NameGradesDistance
Faubion Elementary School
2930 Northeast Dekum Street, Portland, OR 97211
PK-82.1 mi
Jefferson High School, Portland, OR
5210 North Kerby Avenue, Portland, OR 97217
9-122.6 mi
Roosevelt High School, Portland, OR
6941 North Central Street, Portland, OR 97203
9-124.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1054 NE Faloma Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/26/2026
Listed
$635,000
60.76%
MLS
9/28/2017
Sold
$395,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1054 NE Faloma Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,341
4%
$211,040
3%
2024
$6,107
4%
$204,900
3%
2023
$5,865
5%
$198,940
6%
2021
$5,608
-2%
$187,530
-3%
2022
$5,717
2%
$193,150
6%
2021
$5,608
13%
$182,070
3%
2019
$4,970
4%
$176,770
3%
2018
$4,793
5%
$171,630
3%
2017
$4,574
12%
$166,640
3%
2016
$4,100
25%
$161,790
3%
2015
$3,283
17%
$157,080
3%
2014
$2,812
20%
$152,510
11%
2013
$2,336
—
$137,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by eXp Realty, LLC (888) 814-9613, Nycole Peraza-LaFave (360) 521-6000 and eXp Realty, LLC (888) 814-9613, Mason Becker (503) 983-1743

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Price Reduced near 1054 NE Faloma Rd

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6922 SE Renada St, Milwaukie, OR 97267 - Photo 1 Price Reduced
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6507 NE 7th Ave  Portland, OR 97211

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Listed by Keller Williams PDX Central, Emily Hetrick and Keller Williams PDX Central, Noah Phoenix
Sold by Keller Williams PDX Central, Emily Hetrick

1054 NE Faloma Rd, Portland, OR 97211 (MLS# 165466611) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1054 NE Faloma Rd is currently listed for $635,000 and was received on March 26, 2026. Want to learn more about 1054 NE Faloma Rd? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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