1054 NE FALOMA Rd
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $635,000 |
| No. of Units: | 3 |
| Year Built: | 1935 |
| Lot Size: | 1,700.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $211,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 3 |
| Number of Bathrooms: | 3 |
ID: 3yd-RMLSOR-165466611
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