1054 NE FALOMA RD Portland, OR $ 599,900
1054 NE FALOMA RD
$ 599,900
Recently Listed
Open House 11/7 1pm - 3pm
Share Save

1054 NE FALOMA RD

Portland, OR, 97211
$ 599,900
Bedrooms3 Baths3.0 Sq 1,653

Monthly Estimate*

$ 4,143

1054 NE FALOMA RD, Portland, OR 97211 - Image 1
1054 NE FALOMA RD, Portland, OR 97211 - Image 2
1054 NE FALOMA RD, Portland, OR 97211 - Image 3
1054 NE FALOMA RD, Portland, OR 97211 - Image 4
1054 NE FALOMA RD, Portland, OR 97211 - Image 5
1054 NE FALOMA RD, Portland, OR 97211 - Image 6
1054 NE FALOMA RD, Portland, OR 97211 - Image 7
1054 NE FALOMA RD, Portland, OR 97211 - Image 8
1054 NE FALOMA RD, Portland, OR 97211 - Image 9
1054 NE FALOMA RD, Portland, OR 97211 - Image 10
1054 NE FALOMA RD, Portland, OR 97211 - Image 11
1054 NE FALOMA RD, Portland, OR 97211 - Image 12
1054 NE FALOMA RD, Portland, OR 97211 - Image 13
1054 NE FALOMA RD, Portland, OR 97211 - Image 14
1054 NE FALOMA RD, Portland, OR 97211 - Image 15
1054 NE FALOMA RD, Portland, OR 97211 - Image 16
1054 NE FALOMA RD, Portland, OR 97211 - Image 17
1054 NE FALOMA RD, Portland, OR 97211 - Image 18
1054 NE FALOMA RD, Portland, OR 97211 - Image 19
1054 NE FALOMA RD, Portland, OR 97211 - Image 20
1054 NE FALOMA RD, Portland, OR 97211 - Image 21
1054 NE FALOMA RD, Portland, OR 97211 - Image 22
1054 NE FALOMA RD, Portland, OR 97211 - Image 23
1054 NE FALOMA RD, Portland, OR 97211 - Image 24
1054 NE FALOMA RD, Portland, OR 97211 - Image 25
1054 NE FALOMA RD, Portland, OR 97211 - Image 26
1054 NE FALOMA RD, Portland, OR 97211 - Image 27
1054 NE FALOMA RD, Portland, OR 97211 - Image 28
1054 NE FALOMA RD, Portland, OR 97211 - Image 29
1054 NE FALOMA RD, Portland, OR 97211 - Image 30
1054 NE FALOMA RD, Portland, OR 97211 - Image 31
1054 NE FALOMA RD, Portland, OR 97211 - Image 32
1054 NE FALOMA RD, Portland, OR 97211 - Image 33
1054 NE FALOMA RD, Portland, OR 97211 - Image 34
1054 NE FALOMA RD, Portland, OR 97211 - Image 35
1054 NE FALOMA RD, Portland, OR 97211 - Image 36
1054 NE FALOMA RD, Portland, OR 97211 - Image 37
1054 NE FALOMA RD, Portland, OR 97211 - Image 38
1054 NE FALOMA RD, Portland, OR 97211 - Image 39
1054 NE FALOMA RD, Portland, OR 97211 - Image 40
1054 NE FALOMA RD, Portland, OR 97211 - Image 41
1054 NE FALOMA RD, Portland, OR 97211 - Image 42
1054 NE FALOMA RD, Portland, OR 97211 - Image 43
1054 NE FALOMA RD, Portland, OR 97211 - Image 44
1054 NE FALOMA RD, Portland, OR 97211 - Image 45
1054 NE FALOMA RD, Portland, OR 97211 - Image 46
1054 NE FALOMA RD, Portland, OR 97211 - Image 47
1054 NE FALOMA RD, Portland, OR 97211 - Image 48
View a Virtual Tour

Multi-Family Home for sale in Portland, OR

for $599,900 with 3 bedrooms and 3 full baths. This 1,653 square foot home was built in 1935 on a lot size of 0.79.

Unique Duplex Opportunity on .79 Acre in NE Portland! Discover an exceptional blend of modern comfort, investment potential & homestead living with this versatile property offering a 2-bed & 2-bath unit, a 1-bed & 1-bath unit, and a 1-car garage. Featuring two distinct living spaces, this property presents an opportunity for rental income, multigenerational living or owner occupancy with supplemental income. The main residence showcases gleaming Brazilian cherry hardwood floors & a light-filled, open-concept floor plan where the living room flows seamlessly into the kitchen featuring stainless steel appliances, generous counter space & an eating bar. The spacious main-level primary suite offers an oversized walk-in closet & luxurious spa-inspired bath with a soaking tub, six-jet shower & unique arboretum-style room. An additional bedroom & second full bath complete the main residence. The attached second unit features a private exterior entrance, family room, loft bedroom, kitchenette & full bath, offering flexibility for tenants or extended family. A shared laundry room conveniently connects both living spaces. Situated on nearly an acre, the property features an expansive Mahogany deck, greenhouse, abundant gardening space & a growing fruit orchard with plum, peach, apple & pear trees. Additional highlights include a drive-through garage, RV parking pad with hookups, ample room for vehicles, storage & hobbies, plus generous attic storage with potential for future finished space. Enjoy the rare combination of spacious grounds, flexible living arrangements & convenient access to I-5. An outstanding opportunity for investors or owner-occupants seeking a distinctive income-producing property with room to grow! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10252968]

See more

Open House

11/7/2026 1:00 PM - 3:00 PM
1054 NE FALOMA RD Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 599,900

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,340

Style

Lot Size

0.79

Year Built

1935

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

519462952

Features
General
Sewer PublicSewer
Heating ForcedAir WallHeater
Cooling CentralAir
Roof Composition
Zoning R10
Garage Spaces 1.0
Security Features SecurityLights
Year Built 1935
Stories Count 2
Tax Year 2025
Parcel Number R272892
Gross Income 58200.0
Community Features AllLandscaping CentralAir Laundry
County Multnomah
Net Operating Income 39208.0
Operating Expense 15500.0
Property Type MultiFamily
HOA N
Subdivision Name East Columbia
Rent Includes Electricity Gas Heat Sewer TrashCollection Water
Status Active
Directions Marine Dr to R 13th R to Faloma
High School Jefferson
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _142
Lot Size Square Feet 34412.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Faubion
Tax Annual Amount 6340.79
Middle/Junior High School Ockley Green
Property Condition UpdatedRemodeled
Virtual Tour https://view.ricoh360.com/9afecd8e-fa5c-4a19-a2af-dcce612d4f4f
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SOUTH SHORE AC LOT 7
See more
Interior
Basement CrawlSpace Unfinished
Storage Garage
Hot Water Gas Tankless
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
See more
Exterior
Parking Features Driveway RVAccessParking
Lot Features GentleSloping Level Orchard Secluded Trees
Water Source PublicWater
Total Parking 5.0
Exterior Description CementSiding
Foundation Details ConcretePerimeter
Building Area Total 1653.0
Lot Dimensions 150x223
Lot Size Acres 0.79
Road Surface Type Paved
See more
Internal Only
Street Number 1 1054
See more
* Excluded Features
List By
More Realty

Broker

michele@brokermichele.com

Email

Affordability Calculator

$4,672
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,143
Monthly Property Taxes
$528
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1950944 Elementary School
1950460 Middle School
Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2026$599,900 Listed Price

Map


See all

1054 NE FALOMA RD, Portland, OR, 97211 is a Multi-Family Home for sale at $599,900 with 1,653 sqft and a lot size of 0.79. 1054 NE FALOMA RD has 3 bedrooms, 3.0 baths, and was built in 1935. The property's zip code is 97211 which is in Portland, OR