About This Home

This 7-bedroom, 11-bathroom residential multi family at 3940 SE IVON St in Portland, OR is listed for $1,594,600 ($483 per sqft). Built in 2026, the home offers 3,300 sqft of living space on a N/A lot.

Key Features

  • Built in 2026
  • 2 stories

Property Details

2 stories
11 full
2026

Amenities

A/C
Listing 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 ENE

RGY STAR(R) 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(R) appliances, a high-efficiency heat pump water heater, and an Energy Recov

ery Ventilation (ERV) system that continuously supplies fresh outdoor air while improving indoor air quality. ENERGY STAR(R) 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.

Monthly Cost Estimate

$8,528/mo

20% down · 6.5% · 30 years

Principal$1,153
Interest$6,910
Insurance$465

Estimates only. Actual payments may vary.

Location

3940 SE IVON St

Portland, OR 97202

Property Details

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Questions & Answers

This 7-bedroom, 11-bathroom residential multi family at 3940 SE IVON St is listed at $1,594,600 ($483/sqft). The estimated monthly payment is $8,528 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2026, 2 stories.

This property is listed by Vince Kinney.

VK

Vince Kinney

Agent at Matin Real Estate

Listed by Matin Real Estate · Broker phone: (971) 777-0025 · View on Broker Site · Broker website

MLS# 203236971· Source: Regional Multiple Listing Services· 54 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3940 SE IVON St, Portland, OR 97202

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