3940 SE IVON ST

Portland, OR 97202

$1,619,600

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… Read MoreRead Less

Listing courtesy of Matin Real Estate.

Listing Snapshot

Days Online

Last Updated

Sep 11, 2026

Square Ft.

3,300

Year Built

2026

MLS Number

203236971

30 Days Snapshot Of 97202

$696k

-2%

(avg) sold price

-12%

homes sold

+29%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Paved

Building

Building Area Total: 3300, Built in 2026, Storage: Attic, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4

Cooling

Cooling: HeatPump, MiniSplit

Disclosures

Disclosures: Disclosure

Exterior Features

Exterior Description: WoodSiding

Heating

Heating: ENERGYSTARQualifiedEquipment, HeatPump

Lot

Features: Level, Size Range: SqFt3000to4999, Size: 3,000 to 4,999 SqFt

Property

Number Of Units Total: 4, Property Condition: NewConstruction, Zoning: R

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $433, Legal Description

Unit One

Area: 869, Features: AirConditioning, Dishwasher, WasherDryerHookup, Units Total: 1, 3 total bathrooms, 2 total bedroom

Unit Two

Area: 699, Features: AirConditioning, Dishwasher, WasherDryerHookup, Units Total: 1, 2 total bathrooms, 1 total bedroom

Unit Three

Area: 863, Features: AirConditioning, Dishwasher, WasherDryerHookup, Units Total: 1, 3 total bathrooms, 2 total bedroom

Unit Four

Area: 869, Features: AirConditioning, Dishwasher, WasherDryerHookup, Units Total: 1, 3 total bathrooms, 2 total bedroom

Utilities

Fuel Description: Electricity, Hot Water Description: ENERGYSTARQualifiedEquipment, Tank, Water Source: PublicWater

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than eXp Realty, LLC are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Sep 11, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on Sep 11, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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3940 SE IVON ST

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