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Listed by MORE Realty

$599,900

Est. payment - /mo

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3 Beds

3 Baths

1,653 SqFt

Open Sat 1PM-3PM

1054 NE FALOMA RD Portland, OR 97211

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Rebecca Smith

rebecca.s.smith@exprealty.com +1(503) 567-1149

Open House

Sat Nov 07, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,653 sqft

Price per Sqft $362

Subdivision East Columbia

MLS Listing ID 519462952

Bedrooms 3

Year Built 1935

Annual Tax Amount $6,340

Tax Year 2025

Lot Size 0.790 Acres

Property Description

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]

Location

State OR

County Multnomah

Community Alllandscaping, Centralair, Laundry

Area _142

Zoning R10

Rooms

Basement Crawl Space, Unfinished

Interior

Heating Forced Air, Wall Heater

Cooling Central Air

Exterior

Garage Spaces 1.0

Community Features AllLandscaping, CentralAir, Laundry

View Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Gentle Sloping, Level, Orchard, Secluded, Trees

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Faubion

Middle Schools Ockley Green

High Schools Jefferson

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Virtual Tour https://view.ricoh360.com/9afecd8e-fa5c-4a19-a2af-dcce612d4f4f

Regional Multiple Listing Service (RMLS)

1054 NE FALOMA RD Portland, OR 97211

Rebecca Smith

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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1054 NE FALOMA RD