Shawn Realty 503-515-4499
3,300 sq ft
3940 SE IVON ST, Portland, OR 97202
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- Building Area
- 3,300 sq ft
- Price/Sq Ft
- $471/sq ft
- Year Built
- 2026
- County
- Multnomah
- Annual Tax
- $433
- Days on Market
- 72 days
- Open House
- None scheduled
Monthly payment
$9,772 per month
- Principal & interest$9,412
- Property taxes$36
- HOA dues$0
- Home insurance$324
- Utilities$0
10% down · 30-year fixed · 7.11% rate · 7.211% APR (est.)
Rate: Freddie Mac weekly average, as of 11/12/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.11% (7.211% APR, estimated). Rate: Freddie Mac weekly average, as of 11/12/2026.
- Down payment: 10% ($155,460) on $1,554,600; loan $1,399,140
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $36/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA fee listed in RMLS)
- Home insurance: $324/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
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 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.
Facts & Features
| Property Type | Multi Family |
|---|---|
| Building Area (sq ft) | 3300 |
| Year Built | 2026 |
| County | Multnomah |
| Elementary School | Creston |
| Middle School | Hosford |
| High School | Franklin |
| Heating | ENERGYSTAR Qualified Equipment, Heat Pump |
| Cooling | Heat Pump, Mini Split |
| Roof | Composition |
| View | No |
| Lot Features | Level |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $433 |
| Original List Price | $1,619,600 |
| RMLS # | 203236971 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Vince Kinney • Matin Real Estate
Listing updated: Nov 4, 2026 at 2:16pm
Source: RMLS #203236971
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 Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name 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 11/14/2026 07:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty