1054 NE FALOMA RD, Portland, OR 97211

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]