3940 SE IVON ST, Portland, OR 97202

  • $1,619,600

Overview

  • 3300 Sqft
    Property Size
  • 2026
    Year Built
  • MultiFamily
    Property Type
  • 203236971
    MLS#
  • Matin Real Estate
    Office Name
  • Vince Kinney
    Agent Name

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.

Details

Updated on September 10, 2026 at 9:18 am
  • MLS# 203236971
  • Price $1,619,600
  • Property Size 3300 Sqft
  • Garage Size x x
  • Year Built 2026
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Matin Real Estate
  • Agent Name Vince Kinney
  • Office Phone 503-447-3599

Additional details

  • Listing Terms Cash, Conventional, FHA, VALoan
  • Roof Composition
  • Sewer Public Sewer
  • Cooling Heat Pump, Mini Split
  • Heating ENERGYSTARQualified Equipment, Heat Pump
  • County Multnomah
  • Property Type MultiFamily
  • Elementary School Creston
  • Middle School Hosford
  • High School Franklin

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