1054 NE FALOMA RD, Portland, OR 97211
- $635,000
- 1,700
- SqFt
- List Price
- $635,000
- Days on Market
- 125
- MLS#
- 165466611
- Property Type
- Multifamily
- Sqft. of Residence
- 1,700
- Lot Size
- 20, 000 SqFt to .99 Acres
- Region
- Portland Northeast
- Status
- ACTIVE
Property 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.
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Additional Information
- Tax Amount
- $6,340
- Year Built
- 1935
- High School
- Jefferson
- Elementary School
- Faubion
- Middle School
- Other
- Garage Spaces
- 1
- Acres
- 0.79
- Living Area
- 1,700
- Stories
- 1
- Subdivision
- BRIDGETON
- Lot Size Dimension
- 150x223
- Terms
- Cash, Contract, Conventional, FHA, VA Loan
- Fuel Description
- Electricity, Gas
- Heating Description
- Forced Air
- Hoa Rent Includes
- Electricity, Gas, Sewer
- Hot Water Description
- Tankless
- Exterior Description
- Cement Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Trees/Woods
- Parking
- Driveway, RV Access/Parking
- Security Or Entry
- Security Lights
- Parking Description
- Driveway, RV Access/Parking
- Road Surface
- Gravel, Paved
- Number Of Units Total
- 3
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 1
- Unit Type One Rent
- 1650
- Unit Type One Sq Ft
- 700
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 2
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
- Unit Type Three Rent
- 800
- Unit Type Three Units Total
- 1
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Listing courtesy of eXp Realty, LLC.
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