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3948 SE Ivon St, Portland, OR 97202 — photograph 1

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3948 SE Ivon St, Portland, OR 97202 — photograph 1
2 Beds2.5 Baths869 sqft

3948 SE Ivon St, Portland

$409,900

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ActiveMLS®: 217549626Listing held by another brokerage, marked RMLS
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

Map showing the location of 3948 SE Ivon St, Portland, OR 97202
© Mapbox © OpenStreetMap

Monthly payment estimate

$2,489 /mo

20% · $81,980
7.00%
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.

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