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3948 SE Ivon St, Portland
$409,900
Save- Price per sqft
- $471.69
- Built in
- 2026
- Property size
- 869 sqft
- Property type
- Residential
- Days on market
- 43
Overview
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]
Details
Interior
- Interior features
- High Ceilings, Hookup Available, Laundry, Luxury Vinyl Plank, Quartz, Tile Floor, Wall to Wall Carpet
- Appliances
- Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Free Standing Range, Microwave, Plumbed For Ice Maker, Quartz, Solid Surface Countertop, Stainless Steel Appliance
- Cooling
- Yes
- Cooling description
- Heat Pump, Mini Split
- Heating
- Yes
- Heating description
- ENERGY STAR Qualified Equipment, Heat Pump
- Windows
- Double Pane Windows, Vinyl Frames
Exterior and lot
- Exterior features
- Covered Patio, Dog Run, Fenced, Patio, Porch, Yard
- Lot features
- Level
- Architectural style
- Two Stories, Townhouse
- Roof
- Composition
- View
- No
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 0
- Parking
- On Street
- Total parking
- 0
Schools
- High school
- Franklin
- Middle school
- Hosford
- Elementary school
- Creston
Location
- City
- Portland
- County
- Multnomah
Location
3948 SE Ivon St, Portland, OR 97202

Monthly payment estimate
$2,489 /mo
- Principal and interest
- $2,182
- Property tax (estimated)
- $307
- Total
- $2,489
Estimate only, and not an offer of credit. Assumes 20% down ($81,980) and a 30-year fixed rate at 7.00%. Property tax is estimated at 0.90% of the purchase price, because this listing carries no assessed figure; Oregon assesses on a capped assessed value rather than the sale price, so the real bill will differ. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.








































