1054 NE FALOMA RD, Portland, OR 97211

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List Price
$599,900
Days on Market
1
MLS#
519462952
Property Type
Multifamily
Sqft. of Residence
1,653
Lot Size
20, 000 SqFt to .99 Acres
Region
Portland Northeast
Status
ACTIVE

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]

Additional Information

Tax Amount
$6,340
Year Built
1935
High School
Jefferson
Elementary School
Faubion
Middle School
Ockley Green
Garage Spaces
1
Acres
0.79
Living Area
1,653
Stories
2
Subdivision
East Columbia
Lot Size Dimension
150x223
Terms
Cash, Conventional, FHA, VA Loan
Cooling Description
Central Air
Fuel Description
Gas
Heating Description
Forced Air, Wall Heater
Hoa Rent Includes
Electricity, Gas, Heat, Sewer, Trash Collection, Water
Hot Water Description
Gas, Tankless
Exterior Description
Cement Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
Trees/Woods
Parking
Driveway, RV Access/Parking
Security Or Entry
Security Lights
Parking Description
Driveway, RV Access/Parking
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1650
Unit Type One Sq Ft
435
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Units Total
1

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Listing courtesy of MORE Realty.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.