Three-Unit Property on Large
1054 NE FALOMA Rd, Portland, OR 97211
MULTI_FAMILY - Portland, OR
Property size:
1,700 SFLot size:
0.79 AcresPrice / SF:
$373/SF- Added:
- Mar 26, 2026
- Days on Market:
- 50
- Last Refresh:
- May 14 at 12:06 pm
Property Features for 1054 NE FALOMA Rd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- multi
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3
- Standard status
- Active
- APN
- R272892
- Size
- 1,700 SF
- Lot size
- 0.79 Acres
Taxes and HOA fees
- Tax Description
- SOUTH SHORE AC, LOT 7
- Tax Annual Amount
- 6341
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1935
- Floors in Building
- 1
- Number of units
- 3
- Roof type
- Composition
Listing agent Nycole Peraza-LaFave License #18079 (360) 521-6000
Listing office eXp Realty, LLC 4800 Meadows Rd Ste 300, Salem, OR (888) 814-9613
Listing date Mar 26, 2026
MLS# 165466611
Listing URL
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.
HighLights
- High‑yield investment property with a 6.174% CAP rate and 13.9 IRR.
- Three income‑generating units: a 1BR designer flat, a 2BR modern sanctuary, and a dedicated RV space.
- Nearly an acre of land with a greenhouse, orchard (plum, peach, apple, pear), and room for a vegetable garden.
- Unique 2BR unit featuring vaulted ceilings, Brazilian cherry floors, and a primary suite with 17 windows and a Bluetooth shower.
- No HOA and total freedom to keep chickens or goats.
- Convenient location minutes from I‑5, Marine Drive, and PDX.
Overview
This Portland property features a character-filled, three-income sanctuary on nearly an acre. The property includes three units: a designer flat with a private kitchenette, living space, and private deck; a modern sanctuary with vaulted ceilings, a full kitchen, Brazilian cherry floors, and a primary suite with 17 windows and a Bluetooth shower; and a dedicated RV space with full hookups and parking, currently occupied by a long-term renter at $800 per month. The grounds offer nearly an acre of potential, including a greenhouse, room for a vegetable garden, and a fresh orchard with plum, peach, apple, and pear trees. Shared laundry and a drive-through garage are also included. The property is located minutes from I-5, Marine Drive, and PDX.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.654045
- Latitude
- 45.59721
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-unit property on nearly an acre in Portland, Oregon.
Where is this triplex located?
The property is located at 1054 NE FALOMA Rd Portland, OR.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: High‑yield investment property with a **6.174% CAP rate and 13.9 IRR**.; Three income‑generating units: a 1BR designer flat, a 2BR modern sanctuary, and a dedicated RV space.; Nearly an acre of land with a greenhouse, orchard (plum, peach, apple, pear), and room for a vegetable garden.
