Search
New Construction Quadplex
New
For Sale
$1,619,600

3940 SE Ivon ST, Portland, OR 97202

Four residences feature two-level layouts, private outdoor areas, contemporary finishes, and energy-efficient all-electric systems.

Property Size869 SF
Price / SF$1,863
Days on Market3

Property Features for 3940 SE Ivon ST

General Information

Standard status Active
Size 869 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 4

Building Details

Year Built 2026
Buildings 1
Listing Agency: Lancefield Realty
Listed By: Brittany Gibbs · License #201209867
Source: Findhousesinoregon
Added: Sep 5 Changed: Sep 6 Last Checked: Sep 7 at 7:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lancefield Realty

Investment Insights

Based on property information with market context.

This new-construction quadplex contains four residences, each arranged across two levels with contemporary finishes and practical private living areas. Main levels include LVP flooring, kitchens with quartz countertops, islands or eatbars, stainless steel appliances, and in-home laundry. Upper floors provide carpeted bedrooms, walk-in closets, and bathrooms with private ensuites in select units. Sliding doors connect dining areas to patios and fully fenced yards, while vaulted attic areas with skylights add flexible space and natural light.

The homes are Energy Trust of Oregon EPS Certified and ENERGY STAR certified, with ductless heat pumps, a heat pump water heater, ERV ventilation, ENERGY STAR appliances, and ENERGY STAR bath fans. Construction also includes R-23 blown-in blanket fiberglass wall insulation and a tight building envelope. The all-electric, solar-ready property is located near Division and local attractions in Southeast Portland.

Key Highlights

  • Four‑unit new construction property completed in 2026
  • Two‑level residences with quartz kitchens, islands or eatbars, and stainless steel appliances
  • Private patios and fully fenced yards connected to dining areas

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,416
Businesses Nearby

Demographics for 97202, OR

43,193
Population
20,097
Households
2.1
Avg Household Size
38
Median Age
65%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
6,856
Density / Sq Mi
$100,353
Median Household Income
$52,090
Median Earnings
$1,674
Median Rent
$684,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four residences feature two-level layouts, private outdoor areas, contemporary finishes, and energy-efficient all-electric systems.
Where is this quadplex located?
The property is located at 3940 SE Ivon ST Portland, OR.
What is the asking price?
The asking price for this property is $1,619,600.
What are key features of this property?
This property features: Four‑unit new construction property completed in 2026; Two‑level residences with quartz kitchens, islands or eatbars, and stainless steel appliances; Private patios and fully fenced yards connected to dining areas
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message