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1054 NE FALOMA RD

Portland, OR 97211
Square Ft.
1,700
Active
Multifamily
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$635,000
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… Read MoreRead Less
Listing courtesy of eXp Realty, LLC.
Listing Snapshot
Days Online
48
Last Updated
Square Ft.
1,700
Lot Size
0.79 Acres
Year Built
1935
MLS Number
165466611
30 Days Snapshot Of 97211
$670k
+7%
(avg) sold price
29
-27%
homes sold
46
+24%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Gravel, Paved
Building
Building Area Total: 1700, Built in 1935, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Community
Community Features: CentralAir, Laundry
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense Scheduled: 15500, Operating Expense: $15,500
Exterior Features
Exterior Description: CementSiding
Garage
Garage Spaces: 1
Heating
Heating: ForcedAir
Income
CAP Rate: 6.17, Gross Income: $58,200, Gross Rent Multiplier: 10.91, Gross Scheduled Income: $58,200, Net Operating Income: $39,208, Net Scheduled Income: 39208
Lot
Features: Level, Private, Secluded, Trees, Size Acres: 0.79, Size Dimensions: 150x223, Size Range: SqFt20000toAcres1, Size Square Feet: 34,412, Size: 20,000 SqFt to .99 Acres
Miscellaneous
Investor Information: AccordingToOwner, Leases
Parking
Features: Driveway, RVAccessParking, 1 total parking spot
Property
Number Of Units Total: 3, Property Condition: Converted, Zoning: multi
Roof
Roof: Composition
Security Features
Features: SecurityLights
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $6,341, Legal Description
Unit One
Actual Rent: $1,650, Area: 700, Features: AirConditioning, Furnished, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $2,400, Area: 1000, Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer, Units Total: 1, 2 total bathrooms, 2 total bedroom
Unit Three
Actual Rent: $800, Features: Storage, Units Total: 1
Utilities
Fuel Description: Electricity, Gas, Hot Water Description: Tankless, Internet Service Type: Cable, Water Source: PublicWater
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Erika George and Kari McGee
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Schools In The Area

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Faubion School 503-916-5686 Public PK-8
Jefferson High School 503-916-5180 Public 9-12
Faubion School 503-916-5686 Public PK-8
Faubion School 503-916-5686 Public PK-8
Faubion School 503-916-5686 Public PK-8
Jefferson High School 503-916-5180 Public 9-12
Roosevelt High School 503-916-5260 Public 9-12

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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.