Sold345d on market

934 NE Faloma Rd

Portland, OR, 97211 • East Columbia • Multnomah County

$485,000

$172/sqft

5Beds

3Baths

2,822Sqft

0.51 acLot

1948Built

Property DNA

3 highlights

Character Home

Built 1948 · 78 years of history

South Shore

East Columbia

Hardwood Floors

Quality flooring throughout

This home is in high demand

Listed 345 days ago · Top 4% likely to sell soon

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Market activity

Demand and pricing signals for this listing

345 days on market

Established listing

$172/sqft

Price per square foot

Selling Soon Prediction

Very High

This home ranks in the top 4% of listings most likely to go under contract soon, based on market activity and demand signals.

Likelihood score

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About this home

Multi Family · Built 1948

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

Standout features identified

Our analysis highlights half acre lot and basement-floor plan as key attractions of this home.

Estimated monthly payment

Based on current rates

$3,080/month

Principal & Interest$2,434

Property Tax$485

Insurance$162

Down payment20% ($97,000)

3%50%

Est. 6.43% rate · 30yr fixed · $388,000 loan

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At a glance

Key facts and listing details

TypeMulti Family

Year Built1948

HeatingForced Air, Mini Split

ParkingOff Street, RV Access/Parking

Property

Home typeMulti Family

Sub-typeMulti Family

ConditionApproximately

Year built1948

Stories2

Systems

HeatingForced Air, Mini Split

RoofComposition

ConstructionLap Siding

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingOff Street, RV Access/Parking

BasementDaylight,Exterior Entry,Storage Space

Lot0.51 Acres

Location & Tax

NeighborhoodEast Columbia

ZoningR10

Annual tax$5,392

ParcelR272898

Bathrooms & Fees

Full baths3

Features & details

8 categories of property features

Interior Features

Appliances

Dishwasher

Range

Refrigerator

Electric Water Heater

Flooring

Hardwood

Heating

Forced Air

Mini Split

Exterior Features

Parking

Off Street

RV Access/Parking

Construction

Lap Siding

Lot Features

SqFt 20000 to Acres1

Utilities

Cable Connected

Gas

Listing insights

Market data and value estimates

StatusSold

Days on market345

Est. value$477,600

Est. rent$2,539/mo

Tax rate0.96%

Price/sqft$172

On marketFeb 27, 2025

PostedOct 9, 2025

Last sold$485,000

MLS statusSold

MLS updatedApr 15, 2025

Tour days6

How are the schools in Portland?

3 schools rated nearby

Faubion Elementary School

Primary • Public • PK-8

2.1 mi

Jefferson High School

High • Public • 9-12

2.6 mi

Roosevelt High School

High • Public • 9-12

4.1 mi

Location

Portland, OR, 97211

Expand map

Price history

3 events

DateEventPrice$/sqftSource

Apr 15, 2025Sold$485,000$172RMLS (OR)

Mar 7, 2025Pending Sale$499,900$177RMLS (OR)

Feb 27, 2025Listed For Sale$499,900$177RMLS (OR)

Sold$485,000

Apr 15, 2025•$172/sqft•RMLS (OR)

Pending Sale$499,900

Mar 7, 2025•$177/sqft•RMLS (OR)

Listed For Sale$499,900

Feb 27, 2025•$177/sqft•RMLS (OR)

Nearby homes

Off Market

926 NE Faloma Rd, Portland, OR

Off Market

930 NE Faloma Rd, Portland, OR

Recently Sold

$485,000

4 bd3 ba1,776 sqft

934-946 NE Faloma Rd, Portland, OR

Off Market

$384,900

2.5 ba1,516 sqft

935 NE Faloma Rd, Portland, OR

Off Market

$384,200

2.5 ba1,520 sqft

929 NE Faloma Rd, Portland, OR

Recently Sold

$475,000

4 bd2 ba2,000 sqft

926-930 NE Faloma Rd, Portland, OR

Off Market

$411,100

3 bd1 ba1,376 sqft

974 NE Faloma Rd, Portland, OR

Off Market

$380,600

2.5 ba1,529 sqft

923 NE Faloma Rd, Portland, OR

Neighborhood details

Local context around this listing

Portland, OR • Multnomah County

Nearby neighborhoods

Cedar MillCentennialDowntownHazelwoodLentsMontavillaNorthwestPowellhurst GilbertRichmondSt.Johns

Nearby cities

Bridal VeilCorbettFairviewGreshamPortlandRhododendronTroutdaleWood Village

Nearby zip codes

97202972039720697217972199722997230972339723697266

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Value estimates

Live

Est. value$477,600

Est. rent$2,539/mo

30yr rate est.6.43%

Affordability$3,008/mo

Accepted financing

CashConventional

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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 Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 2026-03-27 07:24:31 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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