2540 SE CLAY ST Portland, OR $ 975,000
2540 SE CLAY ST
$ 975,000
Recently Listed
Open House 9/6 12pm - 2pm
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2540 SE CLAY ST

Portland, OR, 97214
$ 975,000
Bedrooms3 Baths2.1 Sq 2,892

Monthly Estimate*

$ 6,156

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Single Family Home for sale in Portland, OR

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

Single Family Active

Price

$ 975,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 11,252

Style

CustomStyle,Modern

Lot Size

0.13

Year Built

1948

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

430648341

Features
Interior
Interior 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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General
Sewer 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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Exterior
Exterior 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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Internal Only
Street Number 1 2540
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* Excluded Features
List By
Living Room Realty

Broker

devinsellspdx@gmail.com

Email

Affordability Calculator

$7,094
Per Month
87%
13%
0%
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.
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Nearby
1949937 Elementary School
1950530 Middle School
Cleveland High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$975,000 Listed Price

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2540 SE CLAY ST, Portland, OR, 97214 is a Single Family Home for sale at $975,000 with 2,892 sqft and a lot size of 0.13. 2540 SE CLAY ST has 3 bedrooms, 2.1 baths, and was built in 1948. The property's zip code is 97214 which is in Portland, OR