Recently Listed Open House 9/6 12pm - 2pm
2540 SE CLAY ST
Portland, OR, 97214 $ 975,000
Bedrooms3 Baths2.1 Sq 2,892 Monthly Estimate*
$ 6,156
for $975,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,892 square foot home was built in 1948 on a lot size of 0.13.
A striking modern transformation in the heart of Southeast Portland, this 1948 home was completely reimagined in 2018. Its distinctive shou sugi ban cedar siding creates an unforgettable first impression, while the interior delivers a thoughtful balance of dramatic design, flexibility, and everyday comfort. The main level unfolds into a spacious open-concept living area designed for gathering and entertaining. Tucked away for privacy, the main-level primary suite features a generous walk-in closet with built-in organizers and a beautifully tiled walk-in shower. A dedicated exercise space within the partially converted garage is also conveniently accessible from the main floor, and delivers plenty of room for weights, machines, cardio equipment, or aerial silks. Become ballet buff or beefy chief, and anywhere in between. Upstairs, two additional bedrooms share a guest bath, while a versatile loft offers space for a home office, library, media lounge, or creative retreat. Step outside onto the elevated second-floor deck and soak in views stretching toward downtown Portland and the West Hills, a rare perspective from this close-in neighborhood. Located near the restaurants, shops, cafés, and energy of Division and Hawthorne, with convenient access to surrounding parks, transit, and neighborhood schools, this is a one-of-a-kind Portland home for buyers who want modern architecture without giving up the character and connectivity of an established neighborhood. This is an opportunity to step into something that feels truly unique, flexible, impressive, and, charmingly, home. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10192374]
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Open House
9/6/2026 12:00 PM - 2:00 PM
2540 SE CLAY ST Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesInteriorInterior Amenities EngineeredHardwood GarageDoorOpener HighCeilings WalltoWallCarpet WasherDryer
Basement Finished PartialBasement
Hot Water Electricity
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 2.1
Total Bedrooms 3
Total Baths 3
1/2 Baths 1
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GeneralSewer PublicSewer
Heating ForcedAir95Plus
Cooling CentralAir
Roof Composition Membrane
Appliances BuiltinOven BuiltinRange Cooktop Dishwasher FreeStandingRefrigerator GasAppliances Island Microwave RangeHood Tile
Garage Spaces 1.0
Architectural Style CustomStyle Modern
Security Features Unknown
Year Built 1948
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R124911
Accessibility GarageonMain MainFloorBedroomBath WalkinShower
County Multnomah
Property Type Residential
HOA N
Subdivision Name COLONIAL HEIGHTS
Full Baths 2
Status Active
Directions East on Hawthorne S on 25th Ave East on Clay St
High School Cleveland
City Portland
Disclosures Disclosure
MLS Area _143
Lot Size Square Feet 5662.0
Listing Terms Cash Conventional VALoan
Elementary School Abernethy
Tax Annual Amount 11252.47
Middle/Junior High School Hosford
Property Condition UpdatedRemodeled
Virtual Tour https://pinkhousepics.hd.pics/2540-SE-Clay-St/idx
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description BURRELL HTS BLOCK 4 LOT 14 E 5' OF LOT 15
ADU False
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ExteriorExterior Amenities Deck Fenced
Parking Features Driveway OnStreet
Lot Features Level Trees
Water Source PublicWater
Total Parking 1.0
Garage Type Attached PartiallyConvertedtoLivingSpace
Exterior Description Cedar
Foundation Details ConcretePerimeter
Building Area Total 2892.0
Lot Size Acres 0.13
Road Surface Type Paved
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* Excluded FeaturesList Bydevinsellspdx@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,156
- Monthly Property Taxes
- $938
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Portland, OR
Average List Price $761,500
Percent of Sale Price 22%
About Portland, OR 646,380 Population
22% Since 2002
$ 62,517 Median Income
39 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949937 Elementary School
1950530 Middle School
Cleveland High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/4/2026 | $975,000 | | Listed Price |