This home's estimate is 25.9% lower than the average sale price ($847K) of 6 comparable homes.
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934 NE Faloma Rd, Portland, OR 97211
About this home
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 Rd

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Market trends in East Columbia, OR
Last updated July 2026
Buyer's Market
Seller's Market
Balanced market
- 3D WALKTHROUGH
- $699,9004 beds2 baths2,134 sq ft5617 NE 27th Ave, Portland, OR 97211Amanda Haworth • Neighbors Realty
- 3D WALKTHROUGH$585,0002 beds1 bath950 sq ft6345 NE 35th Pl, Portland, OR 97211Karoline Ashley • Windermere Realty Trust
- $289,9901 bed1 bath686 sq ft5400 NE 30th Ave #102, Portland, OR 97211Landon Davis • Premiere Property Group LLC
- $729,0003 beds2 baths2,400 sq ft5706 NE 35th Pl, Portland, OR 97211Dan McGraw • John L. Scott Portland Metro
- $390,0002 beds2 baths1,168 sq ft531 N Bridgeton Rd #4, Portland, OR 97217John McPherson • Premiere Property Group, LLC
- OPEN SAT, 1PM TO 3PM$310,0003 beds2 baths1,188 sq ft521 NE Mariners Loop, Portland, OR 97211Benjamin Fabian • Matin Real Estate
- VIDEO TOUR$929,9004 beds4 baths3,152 sq ft4811 NE 22nd Ave, Portland, OR 97211Rio Palomares • Neighbors Realty
- 3D WALKTHROUGH$829,0004 beds2 baths2,280 sq ft4115 NE 17th Ave, Portland, OR 97211Savanna Ray • The Agency Portland
- $360,0003 beds2 baths2,210 sq ft4123 NE 8th Ave, Portland, OR 97211Andrew Misk • The Agency Portland
See all
Provided by Redfin
Sale history for 934 NE Faloma Rd
$172/sq ft
$177/sq ft
$49/sq ft
Tax history for 934 NE Faloma Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
R10
H
X
Z
Residential 10,000 Zone
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.- Aircraft Landing Zone
- Portland International Airport Noise Impact Overlay Zone
- Constrained Sites Overlay Zone
Include but are not limited to:
- Housing
Property details
Parking
- Parking Information
- Parking Features: Off Street, RV Access/Parking
Interior
- Appliances
- Hot Water Description: Electricity
- Interior Features
- Storage: Basement
- Basement: Daylight, Exterior Entry
- Multi Unit Information
- # Of Units Total: 3
- Unit Information
- Unit Type: 1, 2, 3
- Unit Type 1 Information
- Actual Rent: $900
- Area: 730
- Baths Total: 1
- Beds Total: 2
- Features: Dishwasher, Hardwood Floors, Range, Refrigerator
- Units Total: 1
- Unit Type 2 Information
- Actual Rent: $900
- Area: 664
- BathsTotal: 1
- Beds Total: 2
- Features: Dishwasher, Range, Refrigerator
- Units Total: 1
- Unit Type 3 Information
- Actual Rent: $750
- Area: 332
- Baths Total: 1
- Beds Total: 1
- Features: Range, Refrigerator
- Units Total: 1
Exterior
- Exterior Features
- Roof: Composition
- Exterior Description: Lap Siding
- Lot Information
- Lot Size Square Feet: 22,215
- Lot Size Range: 20,000 SqFt to .99 Acres
- Lot Size Dimensions: aprox 230' x 100'
- Lot Size Acres: 0.51
- Lot Size: 20,000 SqFt to .99 Acres
- Parcel Number: R272898
- Road Surface Type: Paved
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Approximately
- View YN: No
- Building Information
- Year Built: 1948
- Building Area Total: 2,822
Financial
- Tax Information
- Tax Year: 2024
- Tax Legal Description: SOUTH SHORE AC, LOT 9 EXC SELY 97', LOT 10 EXC NWLY 106'
- Tax Annual Amount: $5,392.25
- Rent Information
- Rent Includes: Sewer, Trash Collection, Water
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Electricity, Gas
- Internet Service Type: Cable
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Forced Air, Mini Split, Wall Heater
- Cooling YN: No
Location
- School Information
- Elementary School: Faubion
- Middle Or Junior School: Faubion
- High School: Jefferson
- Location Information
- Directions: Marine Dr, S on NE 13th, right on Faloma Rd
- Unparsed Address: 934 NE FALOMA RD, Portland, OR 97211
- Community Information
- Zoning: R10
Public facts
- Beds: 4
- Baths: 3.0
- Sq. Ft.: 1,776
- Stories: 1.0
- Lot Size: 0.51 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 1948
- Year Renovated: 1948
- County: Multnomah County
- APN: R272898
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
Public PreK-8 • Assigned • 2.1mi
Public 9-12 • Assigned • 2.6mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 92° expected this year, 13 days in 30 years
Minimal risk of severe winds over next 30 years
19 unhealthy days expected this year, 20 days in 30 years
Sun exposure
In this area, properties receive around 9.7 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 97211
Home values near 934 NE Faloma Rd
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 1520 Sq. Ft. | $450,574 |
1 Beds | 1 Baths | 638 Sq. Ft. | $445,216 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1158 Sq. Ft. | $323,693 |
4 Beds | 2 Baths | 1800 Sq. Ft. | $573,475 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 1695 Sq. Ft. | $477,755 |
4 Beds | 2.5 Baths | 1520 Sq. Ft. | $540,050 |
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