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    • Price cut: $14.9K (5/12)
    $635,000

    1054 NE Faloma Rd, Portland, OR 97211

    3beds
    1,700sqft
    : 
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    Multi Family
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $374/sqft
    $-- HOA

    What's special

    Drive-through garageSpa-grade bluetooth showerPrivate kitchenetteFull kitchenMassive private deckSoaring vaulted ceilingsBrazilian cherry floors
    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.
    84 days
    |
    1,015
    |
    95
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Nycole Peraza-LaFave 360-521-6000,

    eXp Realty, LLC,

    Mason Becker 503-983-1743,

    eXp Realty, LLC

    Source: RMLS (OR),MLS#: 165466611MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air
      Cooling
      • Air Conditioning
      Appliances
      • Included: Refrigerator, Washer/Dryer, Dishwasher, Tankless Water Heater
      • Laundry: Common Area
      Features
      • Storage
      Interior area
      • Total structure area: 1,700
      • Total interior livable area: 1,700 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway, RV Access/Parking
      • Garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 0.79 Acres
      • Dimensions: 150 x 223
      • Features: Level, Private, Secluded, Trees, SqFt 20000 to Acres1
      Details
      • Parcel number: R272892
      • Zoning: multi

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Cement Siding
      • Roof: Composition
      Condition
      • Converted
      • Year built: 1935

      Utilities & green energy

      • Gas: Gas
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Features: Central Air, Laundry
      • Security: Security Lights
      • Subdivision: Bridgeton
      HOA
      • Has HOA: No
      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $374/sqft
      • Tax assessed value: $460,060
      • Annual tax amount: $6,340
      • Date on market: 3/26/2026
      • Listing terms: Cash,Contract,Conventional,FHA,VA Loan
      • Total actual rent: 4850
      • Road surface type: Gravel, Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

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        Price history

        DateEventPrice
        5/12/2026Price change$635,000-2.3%$374/sqft
        Source: RMLS (OR) #165466611 Report a problem
        4/17/2026Price change$649,9000%$382/sqft
        Source: RMLS (OR) #387563362 Report a problem
        3/27/2026Listed for sale$650,000+64.6%$382/sqft
        Source: RMLS (OR) #387563362 Report a problem
        9/29/2017Sold$395,000+2.6%$232/sqft
        Source: RMLS (OR) #17032820 Report a problem
        8/11/2017Pending sale$385,000$226/sqft
        Source: Farrell And Associates #17032820 Report a problem
        8/1/2017Listed for sale$385,000$226/sqft
        Source: Farrell And Associates #17032820 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,341 +3.8%$211,040 +3%
        2024$6,107 +4.1%$204,900 +3%
        2023$5,865 +2.6%$198,940 +3%
        2022$5,717 +2%$193,150 +3%
        2021$5,608 +8.6%$187,530 +3%
        2020$5,162 +3.9%$182,070 +3%
        2019$4,970 $176,770 +3%
        2018$4,970 +3.7%$171,630 +3%
        2017$4,793 +16.9%$166,640 +3%
        2016$4,100 $161,790 +3%
        2015$4,100 +24.9%$157,080 +3%
        2014$3,283 +40.5%$152,510 +11.1%
        2013$2,336 +9.8%$137,300 +3%
        2012$2,127 -5.4%$133,310 +0.7%
        2011$2,249 -2.5%$132,440 +3%
        2010$2,307 +1.6%$128,590 +3%
        2009$2,271 -2.9%$124,850 +3%
        2008$2,338 +1.1%$121,220 +3%
        2007$2,313 +15.5%$117,690 +3%
        2006$2,003 +3.7%$114,270 +3%
        2005$1,931 -8.1%$110,950 +3%
        2004$2,100 +17.3%$107,720 +3%
        2003$1,791 +8.3%$104,590 +3%
        2002$1,653 +6.2%$101,550 +2%
        2000$1,557 $99,600

        Find assessor info on the county website

        Monthly payment

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          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: East Columbia

          Getting around

          18 / 100
          Car-Dependent
          32 / 100
          Some Transit
          41 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Faubion
          • High: Jefferson

          Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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