Shawn Realty 503-515-4499
2 bd • 2.5 ba • 869 sq ft
3948 SE IVON ST, Portland, OR 97202
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- Bedrooms
- 2
- Total Baths
- 2.5
- Building Area
- 869 sq ft
- Price/Sq Ft
- $460/sq ft
- Year Built
- 2026
- County
- Multnomah
- HOA
- None
- Days on Market
- 71 days
- Open House
- None scheduled
Monthly payment
$2,838 per month
- Principal & interest$2,421
- Property taxes$333
- HOA dues$0
- Home insurance$83
- 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% ($39,990) on $399,900; loan $359,910
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $333/mo (no RMLS tax amount; 1% of price per year)
- HOA dues: $0 (no HOA in RMLS)
- Home insurance: $83/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
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® 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® 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® 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 at https://rpt.greenbuildingregistry.com/hes/OR10251980%5D
Facts & Features
| Property Type | Residential |
|---|---|
| Sub-Type | Attached |
| Bedrooms | 2 |
| Total Baths | 2.5 |
| Full Baths | 2 |
| Partial Baths | 1 |
| Building Area (sq ft) | 869 |
| Year Built | 2026 |
| Garage Spaces | 0 |
| County | Multnomah |
| Elementary School | Creston |
| Middle School | Hosford |
| High School | Franklin |
| Heating | ENERGYSTAR Qualified Equipment, Heat Pump |
| Cooling | Heat Pump, Mini Split |
| Appliances | Dishwasher, Disposal, ENERGYSTAR Qualified Appliances, Free-Standing Range, Microwave, Plumbed For Ice Maker, Quartz, Solid Surface Countertop, Stainless Steel Appliance |
| Interior Features | High Ceilings, Hookup Available, Laundry, Luxury Vinyl Plank, Quartz, Tile Floor, Wallto Wall Carpet |
| Exterior Features | Covered Patio, Dog Run, Fenced, Patio, Porch, Yard |
| Basement | Crawl Space |
| Style | 2 Stories, Townhouse |
| Roof | Composition |
| View | No |
| Lot Features | Level |
| Parking | On Street |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $0 |
| Original List Price | $429,900 |
| RMLS # | 217549626 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Vince Kinney • Matin Real Estate
Listing updated: Nov 4, 2026 at 2:15pm
Source: RMLS #217549626
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 11/09/2026 17:45. 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
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Shawn Realty