Sold
Last Sold Price
2,822 sqft$172/sqft
934 NE Faloma Rd, Portland, OR 97211
Multi FamilyProperty Type
0.51 acresLot Size
1948Year Built
$172/sq ftPrice per sq ft

Description

GREAT OPPORTUNITY to buy a dated 3 plex with low rents, update & fix up units, raise the rents and resell. Each unit has a basement-floor plan included in the pictures. Half acre lot that fronts both Faloma & South Shore zoned R10. Property may have development opportunities-check with the city. Realtor is related to the seller. Easy access to I5, the Portland Airport, Heron Lakes Golf Club, Salty's, shopping and so much more. Address is 934-946 NE Faloma RdGREAT OPPORTUNITY to buy a dated 3 plex with low rents, update & fix up units, raise the rents and resell. Each unit has a basement-floor plan included in the pictures. Half acre lot that fronts both Faloma & South Shore zoned R10. Property may have development opportunities-check with the city. Realtor is related to the seller. Easy access to I5, the Portland Airport, Heron Lakes Golf Club, Salty's, shopping and so much more. Address is 934-946 NE Faloma Rd
  • Listed by: Spring Cutsforth • Spring Cutsforth Realty Group
Listing closed: 04/15/2025 12:00 AM • Source: RMLS, MLS#: 145753866

Recent comparable sales

Median sold price

$599,900

Avg days on market

87

Sale-to-list ratio

96.1%

Portland, OR

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Location

Listing Courtesy of Spring Cutsforth Realty Group

Sold By eXp Realty LLC

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$2,915 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,465

Property Taxes

$449

HOA Dues

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Property Information for 934 Northeast Faloma Road

Property Details
  • Taxes: $5,392 / year
  • MLS Type: Multi Family
  • Subdivision: South Shore
  • Parking Features: Off Street, RVAccess Parking
  • Zoning: R10
  • Garage Spaces: .00
Building Information
  • Stories: 2
  • Residences: 3
  • Year Built: 1948
  • Lot Size: 0.51 AC / 22,215 SF
Summary
Location and General Information
  • Country: US
  • Directions: Marine Dr, S on NE 13th, right on Faloma Rd
  • Road Surface: Paved
School Information
  • Elementary School: Faubion
  • High School: Jefferson
  • Middle Or Junior School: Faubion
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $5,392.25
  • Parcel Number: R272898
  • Tax Legal Description: SOUTH SHORE AC, LOT 9 EXC SELY 97', LOT 10 EXC NWLY 106'
Property
Lot Information
  • Acres: 0.51
  • Lot Size Square Feet: 22215.0
  • Lot Size Dimension: aprox 230' x 100'
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1948
Utilities
  • Fuel Description: Electricity, Gas
  • Heating Description: Forced Air, Mini Split, Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Daylight, Exterior Entry
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $.00
  • Net Income Actual: $.00
  • Operating Expense: $.00
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 2822
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Hardwood Floors, Range, Refrigerator
  • Unit Type 1 Rent: $900
  • Unit Type 1 SqFt: 730.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator
  • Unit Type 2 Rent: $900
  • Unit Type 2 SqFt: 664.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Range, Refrigerator
  • Unit Type 3 Rent: $750
  • Unit Type 3 SqFt: 332.0
  • Unit Type 3 Units Total: 1

Public Records for 934 Northeast Faloma Road

Taxable ValueLand-Additions-Total-
Tax Record2017$4,045 ($337 / month)
Home Facts
Beds4Baths3Above Grade Finished SqFt1,776 SqFtUnfinished Basement SqFt800 SqFtStories1Lot Size22,216 SqFtStyleSingle Family ResidenceYear Built1948Year Renovated1948ZoningR10HXCountyMULTNOMAHAPNR272898

Schools near 934 Northeast Faloma Road

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Faubion Elementary School
PublicPK to 8

Roosevelt High School
Public9 to 12

Jefferson High School
Public9 to 12

Kairos PDX
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Spring Cutsforth Realty Group

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 04/15/2025 09:52 AM