# 3948 SE IVON St, Portland, OR 97202 > **TL;DR:** 2bd/3ba townhouse, $409,900 ($472/sqft), built 2026, 869 sqft. > A/C. Est. $2,193/mo. Listed 59 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $409,900 | | Price/sqft | $472 | | Bedrooms | 2 | | Bathrooms | 2 full, 1 half | | Square Feet | 869 | | Year Built | 2026 | | Stories | 2 | | Property Type | Townhouse (Townhouse) | | Status | Active | | Days on Market | 59 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,073 | | Estimated Insurance | $120 | | **Total** | **$2,193** | ## Nearby Schools - **Elementary:** Creston - **Middle:** Hosford - **High:** Franklin ## Key Amenities - A/C ## Property Highlights - Built in 2026 - 2 stories ## Description ### Agent 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 ## Location - **Address:** 3948 SE IVON St, Portland, OR 97202 - **County:** Multnomah - **Coordinates:** 45.504032, -122.621566 - **Google Maps:** https://www.google.com/maps?q=45.504032,-122.621566 ## Listing Agent - **Name:** Vince Kinney - **Brokerage:** Matin Real Estate - **Broker Phone:** (971) 777-0025 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3948-SE-Ivon-St_Portland_OR_97202_M98794-64412?f=listhub&s=RMLSOR&m=217549626&c=propsimple) ## Photos ![3948 SE IVON St - Photo 1](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f3997015163r.jpg) ![3948 SE IVON St - Photo 2](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f1288578179r.jpg) ![3948 SE IVON St - Photo 3](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f3796211421r.jpg) ![3948 SE IVON St - Photo 4](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f2719047057r.jpg) ![3948 SE IVON St - Photo 5](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f2940089964r.jpg) ![3948 SE IVON St - Photo 6](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f3625581481r.jpg) ![3948 SE IVON St - Photo 7](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f3943173090r.jpg) ![3948 SE IVON St - Photo 8](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f2443844148r.jpg) ![3948 SE IVON St - Photo 9](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f838424976r.jpg) ![3948 SE IVON St - Photo 10](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f3196986015r.jpg) ![3948 SE IVON St - Photo 11](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f3151441378r.jpg) ![3948 SE IVON St - Photo 12](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f2970795791r.jpg) ![3948 SE IVON St - Photo 13](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f1888224262r.jpg) ![3948 SE IVON St - Photo 14](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f4186874225r.jpg) ![3948 SE IVON St - Photo 15](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f3401471297r.jpg) ![3948 SE IVON St - Photo 16](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f16155175r.jpg) ![3948 SE IVON St - Photo 17](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f658603607r.jpg) ![3948 SE IVON St - Photo 18](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f1443390900r.jpg) ![3948 SE IVON St - Photo 19](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f3313502892r.jpg) ![3948 SE IVON St - Photo 20](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f1612652188r.jpg) ![3948 SE IVON St - Photo 21](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f872384723r.jpg) ![3948 SE IVON St - Photo 22](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f1631299611r.jpg) ![3948 SE IVON St - Photo 23](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f3665453863r.jpg) ![3948 SE IVON St - Photo 24](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f2418038688r.jpg) ![3948 SE IVON St - Photo 25](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f2705628679r.jpg) ![3948 SE IVON St - Photo 26](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f2308008122r.jpg) ![3948 SE IVON St - Photo 27](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f3124524727r.jpg) ![3948 SE IVON St - Photo 28](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f2674164629r.jpg) ![3948 SE IVON St - Photo 29](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f1162003443r.jpg) ![3948 SE IVON St - Photo 30](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f660599136r.jpg) ![3948 SE IVON St - Photo 31](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f4025490738r.jpg) ![3948 SE IVON St - Photo 32](http://lh.rdcpix.com/e55474a063d387aac98c27ba85334fd5l-f2223527648r.jpg) --- **MLS#:** 217549626 | **Updated:** 2026-10-28 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/3948-se-ivon-st-portland-or-97202-8c3fc0ae29064242b2cebfde2727fe49) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/3948-se-ivon-st-portland-or-97202-8c3fc0ae29064242b2cebfde2727fe49#listing", "url": "https://www.propertysimple.ai/listing/3948-se-ivon-st-portland-or-97202-8c3fc0ae29064242b2cebfde2727fe49", "name": "3948 SE IVON St, Portland, OR 97202", "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. 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