Agent profile image in chat bubble
Agent profile image in chat header

Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

Agent profile image in message

3940 SE Ivon St , Portland, OR 97202
$1,619,600
Est. Payment: $8,271.55/mo
7 Bed
11 Bath
3300 Sqft
Status: Active | Days on site: 2
Get Pre-Qualified
MATN01 - KINNEYKE
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Sarita Dua, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House 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.

Highlights

Listed by Vince Kinney , 503-840-2627 Matin Real Estate , 503-447-3599. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Year Built

2026

County

Multnomah

Area

143 - Portland Southeast

Listing ID

203236971

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:11
  • Full Bathrooms:11
Air Cond:Heat Pump,MiniSplit
Fireplaces:
Water:Public Water

Exterior Features

Lot:Level
Zoning:R
Roof:Composition
Others:
  • Additional:New Construction
Sewer:Public Sewer
Principal Interest
$8,272
Taxes
$36

Home Price

$1,619,600

Loan Details

30 yrs
6.596%

Down Payment

20%
$323,920
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,271.55

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,271.55 $36.11 $0.00 $8,307.66
Yearly $99,258.62 $433.26 $0.00 $99,691.88
Total $2,977,758.60 $12,997.80 $0.00 $2,990,756.40

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Sep 2026

Average Price

All Price Ranges
N/A
Sep 2026

Average Days on Market

All Price Ranges
N/A
Sep 2026
Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

IDX service by Blueroof 360

Data last updated: 2026-09-07T13:53:59.000Z

© 2026 Portland Regional Multiple Listing Service

MLS Logo - Portland Regional Multiple Listing Service