3940 Se Ivon St, Portland, OR

$1,619,600

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3,300

Square feet

About 3940 Se Ivon St

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.

Features of 3940 Se Ivon St

MLS® # 203236971
Price $1,619,600
Bathrooms 0.00
Square Footage 3,300
Acres 0.00
Year Built 2026
Type Multi Family
Status Active

Community Information

Address 3940 Se Ivon St
Area 143 - Portland Southeast
City Portland
County Multnomah
State OR
Zip Code 97202

Amenities

Is Waterfront No
Has Pool No

Interior

Heating ENERGY STAR Qualified Equipment, Heat Pump
Cooling Heat Pump, Mini Split
Fireplace No
# of Stories 2

Exterior

Exterior Wood Siding
Lot Description Level
Roof Composition

School Information

Elementary Creston
Middle Hosford
High Franklin

Additional Information

Date Listed September 3rd, 2026
Days on Market 19
Zoning R
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMatin Real Estate

Listing Map

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