3940 SE IVON ST, Portland, OR 97202
- $1,619,600
- List Price
- $1,619,600
- Days on Market
- 0
- MLS#
- 203236971
- Property Type
- Multifamily
- Lot Size
- 3, 000 to 4, 999 SqFt
- Region
- Portland Southeast
- Status
- ACTIVE
Property Description
Rare new construction multifamily opportunity in SE Portland! This thoughtfully designed four-unit property offers modern construction, quality finishes, energy-efficient systems, and desirable features throughout, making it an excellent opportunity for investors or owner-occupants. Each residence features a functional two-level layout with stylish LVP flooring on the main level, contemporary kitchens with quartz countertops, islands/eatbars, stainless steel appliances, and convenient in-home laundry. Upper levels offer comfortable bedrooms with wall-to-wall carpeting, generous walk-in closets, and well-appointed bathrooms, including private ensuites in select units. Dining areas feature sliding doors opening to private outdoor spaces, while fully fenced yards and patios provide valuable outdoor living space. An impressive attic area with vaulted ceilings and a large skylight adds versatility and natural light.Built for comfort, performance, and energy savings, these Energy Trust of Oregon EPS Certified and ENERGY STAR® certified homes are designed to be approximately 27–30% more energy efficient than homes built to current Oregon code. Features include a tight building envelope, R-23 blown-in blanket fiberglass wall insulation, high-efficiency ductless heat pumps, ENERGY STAR® appliances, a high-efficiency heat pump water heater, and an Energy Recovery Ventilation (ERV) system that continuously supplies fresh outdoor air while improving indoor air quality. ENERGY STAR® bath fans provide quiet operation, while third-party inspections and performance testing help ensure efficiency and quality. All-electric and solar-ready, these homes offer lower utility costs, modern energy-efficient systems, private outdoor areas, and low-maintenance living in a thoughtfully designed new construction community. Buyer to verify all information, dimensions, permits, zoning, and applicable development requirements. Very close to Division and local attractions.
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Additional Information
- Tax Amount
- $433
- Year Built
- 2026
- High School
- Franklin
- Elementary School
- Creston
- Middle School
- Hosford
- Stories
- 2
- Terms
- Cash, Conventional, FHA, VA Loan
- Cooling Description
- Heat Pump, Mini Split
- Fuel Description
- Electricity
- Heating Description
- ENERGY STAR Qualified Equipment, Heat Pump
- Hoa Rent Includes
- None
- Hot Water Description
- ENERGY STAR Qualified Equipment, Tank
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Road Surface
- Paved
- Number Of Units Total
- 4
- Unit Type One Baths Total
- 3
- Unit Type One Beds Total
- 2
- Unit Type One Sq Ft
- 869
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 2
- Unit Type Two Beds Total
- 1
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 3
- Unit Type Three Beds Total
- 2
- Unit Type Three Sq Ft
- 863
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 3
- Unit Type Four Beds Total
- 2
- Unit Type Four Sq Ft
- 869
- Unit Type Four Units Total
- 1
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Listing courtesy of Matin Real Estate.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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.