About This Home

This 2-bedroom, 3-bathroom townhouse at 3948 SE IVON St in Portland, OR is listed for $409,900 ($472 per sqft). Built in 2026, the home offers 869 sqft of living space on a N/A lot.

Key Features

  • Built in 2026
  • 2 stories

Property Details

2 stories
2 full, 1 half
2026

Amenities

A/C
Listing Description

Welcome to this beautifully crafted new construction townhome in SE Portland-NO HOA! This thoughtfully designed two-level home combines modern finishes with comfortable, functional living spaces without the added cost of monthly HOA dues. The main level features durable LVP flooring and an inviting open layout.

The kitchen shines with quartz countertops, a spacious island with eatbar, and stainless steel appliances. The dining area features sliding doors opening to the backyard, creating a seamless connection to outdoor living. Convenient in-home laundry adds to the functionality.

Upstairs, both bedrooms offer wall-to-wall carpeting, generous walk-in closets, and private ensuite bathrooms. At the top of the home, a versatile attic space with vaulted ceilings and a huge skylight fills the area with abundant natural light-perfect for storage, an office, hobby area, or flex space.

Outside, enjoy a fully fenced yard and patio for relaxing or entertaining.Built for comfort, performance, and energy savings, this Energy Trust of Oregon EPS Certified and ENERGY STAR(R) certified home is 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 fiberglass wall insulation, high-efficiency ductless heat pumps, ENERGY STAR(R) appliances, a high-efficiency heat pump water heater, and an ERV system that continuously supplies fresh outdoor air while improving indoor air quality.

ENERGY STAR(R) bath fans and third-party inspections further support efficiency and quality. This all-electric, solar-ready home offers lower utility costs, modern energy-efficient systems, and low-maintenance living. New construction, private outdoor space, two ensuite bedrooms, and NO HOA make this an exceptional SE Portland opportunity very close to Division and local attractions! [Home Energy Score = 10. HES Report

Monthly Cost Estimate

$2,192/mo

20% down · 6.5% · 30 years

Principal$296
Interest$1,776
Insurance$120

Estimates only. Actual payments may vary.

Location

3948 SE IVON St

Portland, OR 97202

Features & Amenities

Interior Features

HighCeilingsHookupAvailableLaundryLuxuryVinylPlankQuartzTileFloorWalltoWallCarpet

Exterior Features

CoveredPatioDogRunFencedPatioPorchYard

Property Details

Outdoor Features

PorchPatio

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Appliances

DishwasherDisposalENERGYSTARQualifiedAppliancesFreeStandingRangeMicrowavePlumbedForIceMakerQuartzSolidSurfaceCountertopStainlessSteelAppliance

Questions & Answers

This 2-bedroom, 3-bathroom townhouse at 3948 SE IVON St is listed at $409,900 ($472/sqft). The estimated monthly payment is $2,193 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2026, 2 stories. Interior Features: HighCeilings, HookupAvailable, Laundry. Exterior Features: CoveredPatio, DogRun, Fenced.

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# 217549626· Source: Regional Multiple Listing Services· 56 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.

3948 SE IVON St, Portland, OR 97202

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