1054 Ne FALOMA Rd, Portland, OR 97211

• 1,700 sqft

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.

Listing Status:

Active

Date Added:

March 26, 2026

Data Last Updated:

June 18, 2026 at 8:41PM

Listing Office:

eXp Realty, LLC : 888-814-9613

Listing Agent:

Nycole Peraza-LaFave : 360-521-6000

MLS ID:

165466611

Interior

• Heating: Forced air

Exterior

• General: Cement siding
• Parking: DrivewayRv access parkingParking spaces: 1

Construction

• Roofing: Composition

Location

• Road/Access: GravelPaved
• Golf: Central airLaundry
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: multiSOUTH SHORE ACLOT 7R272892
• View: View

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.