Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,299,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,892 Sq. Ft.
  • Updated 1 day ago

Next open house:

Open House: 11:00 AM - 1:00 PM

Saturday 6/6 11:00 AM - 1:00 PM

2540 SE Clay St,Portland, OR 97214

2540 SE Clay StPortlandOR97214

Get directions

View more dates

Join us at 2540 SE Clay St on:

  • Open House: 11:00 AM - 1:00 PM

    Sunday 6/7 11:00 AM - 1:00 PM

    2540 SE Clay St,Portland, OR 97214
    2540 SE Clay StPortlandOR97214
See This Home
Save This Home
See This Home
Save This Home
Set between two of Southeast Portland's most beloved historic neighborhoods, Ladd's Addition and Colonial Heights, this contemporary rebuild offers a rare opportunity to own a fully reimagined home in one of the city's most walkable pockets. Energy-efficient and thoughtfully designed across three levels. The main level centers on an open great room that flows directly into a gourmet kitchen finished with Pratt + Larson tile and backsplash, high-end appliances, and clean modern lines. High ceilings, custom light fixtures, and warm bamboo floors carry through the space, while large windows fill the interior with natural light. Upstairs, you'll find the bedrooms and a versatile loft area that lends itself well to a home office, reading nook, or kids' hangout. A second-level deck takes full advantage of the setting, offering views toward the West Hills, perfect for morning coffee or evenings outside. The location speaks for itself. You're within easy walking distance of the tree-lined diagonals and rose gardens of Ladd's Addition, the cafés and bakeries along Southeast Division, and the shops and restaurants of Hawthorne Boulevard. Commuting downtown is straightforward, and the surrounding streets offer the quiet, established character that draws so many buyers to this part of the city. Modern, efficient, and full of personality, this is a one-of-a-kind home in a location that rarely sees inventory like it. Schedule your showing today.Open Houses This Weekend: Saturday and Sunday 11-1pm.

Full Property Details for 2540 SE Clay St

General

  • Price: $1,299,000
  • Taxes: $11,252 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 395167028
  • Updated: 6/2/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Engineered Hardwood, High Ceilings, High Speed Internet, Laundry, Wall to Wall Carpet
  • Appliances: Convection Oven, Cooktop, Dishwasher, Double Oven, Free-Standing Refrigerator, Gas Appliances, Island, Microwave, Quartz, Range Hood, Stainless Steel Appliance(s)

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Upper - Full Baths: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: 10 x 11, Main, 110 Sq. Ft.
  • Bedroom 2: 14 x 11, Upper, 154 Sq. Ft.
  • Bedroom 3: 7 x 11, Upper, 77 Sq. Ft.

Other Rooms

  • Living Room: 16 x 18, Main, 288 Sq. Ft.
  • Family Room: 20 x 15, Lower, 300 Sq. Ft.
  • Kitchen: 14 x 9, Main, 126 Sq. Ft.
  • Dining Room: 16 x 9, Main, 144 Sq. Ft.
  • Loft: 17 x 13, Upper

Exterior

  • Exterior Features: Deck, Fenced, Garden, Yard

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 1
  • Parking Features: Driveway, On Street

Location

  • County: Multnomah
  • Subdivision: HAWTHORNE
  • Driving Directions: SE 25th Ave and SE Clay

School Information

  • Elementary School: Abernethy
  • Middle School: Hosford
  • High School: Cleveland

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air - 95+%
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Modern, NW Contemporary
  • Basement Desc.: Finished
  • Roof: Composition
  • Windows: Aluminum Frames, Double Pane Windows
  • Stories/Levels: 3
  • Square Feet: 2,892
  • Year Built: 2018
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,662
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Paved
  • Lot Features: Gentle Sloping, Private, Secluded, Trees

Financial Considerations

  • Tax Amount: $11,252.47
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: BURRELL HTS, BLOCK 4, LOT 14, E 5' OF LOT 15
  • Disclosures/Reports: Disclosure
  • Property ID: R124911

Listed by Kelly Right Real Estate of Portland, LLC (503) 719-6056, Jordan Tietz (503) 910-0889 and Keller Williams Realty Portland Premiere (503) 597-2444, Lake Shovoly (503) 704-0919

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 2540 SE Clay St —

  • Jordan Tietz

    Kelly Right Real Estate of Portland, LLC

    503-719-6056

  • Lake Shovoly

    Keller Williams Realty Portland Premiere

    503-597-2444

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 2540 SE Clay St

School District:Portland School District 1j
NameGradesDistance
Abernethy Elementary School
2421 Southeast Orange Avenue, Portland, OR 97214
K-50.7 mi
Hosford Middle School
2303 Southeast 28th Place, Portland, OR 97214
6-80.4 mi
Cleveland High School, Portland, OR
3400 Southeast 26th Avenue, Portland, OR 97202
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2540 SE Clay St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/01/2026
Listed
$1,299,000
8.25%
MLS
7/22/2021
Sold
$1,200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2540 SE Clay St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,252
4%
$417,610
3%
2024
$10,848
4%
$405,450
3%
2023
$10,431
26%
$393,650
29%
2021
$8,251
-19%
$305,170
-20%
2022
$10,205
24%
$382,191
29%
2021
$8,251
38%
$296,287
26%
2019
$5,975
3%
$235,720
3%
2018
$5,799
4%
$228,860
3%
2017
$5,558
9%
$222,200
3%
2016
$5,086
3%
$215,730
3%
2015
$4,953
2%
$209,450
3%
2014
$4,878
2%
$203,350
3%
2013
$4,765
—
$197,430
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 2540 SE Clay St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Kelly Right Real Estate of Portland, LLC (503) 719-6056, Jordan Tietz (503) 910-0889 and Keller Williams Realty Portland Premiere (503) 597-2444, Lake Shovoly (503) 704-0919

Just Listed near 2540 SE Clay St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3110 SE Concord Rd, Milwaukie, OR 97267 - Photo 1 Just Listed
$799,900

3110 SE Concord Rd  Milwaukie, OR 97267

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 4
    Total Baths
  • 4,094
    Sq. Ft.
Listed By: KIMBERLY & TODD. GRAY | Homestar Brokers
16255 SE Clare Ct, Milwaukie, OR 97267 - Photo 1 Just Listed
$589,000
Open House

16255 SE Clare Ct  Milwaukie, OR 97267

  • Single Family
  • Active
  • Updated 6 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,834
    Sq. Ft.
Listed by eXp Realty, LLC, Amanda Folkestad
11925 SE 70th Ave, Milwaukie, OR 97222 - Photo 1 Just Listed
$559,000

11925 SE 70th Ave  Milwaukie, OR 97222

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 1,713
    Sq. Ft.
Listed by Silver Key Real Estate LLC, Lynne Gibbons
11005 SE 54th Pl, Milwaukie, OR 97222 - Photo 1 Just Listed
$540,000

11005 SE 54th Pl  Milwaukie, OR 97222

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,440
    Sq. Ft.
Listed by eXp Realty, LLC, Nick Shivers and eXp Realty, LLC, Brian Duhrkoop

Price Reduced near 2540 SE Clay St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

15350 SE Linden Ln, Milwaukie, OR 97267 - Photo 1 Price Reduced
-$14,000 (-2.65%)
$515,000

15350 SE Linden Ln  Milwaukie, OR 97267

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,092
    Sq. Ft.
Listed by Atussa Valenti (971) 217-7606
5050 SE Robin Ct, Milwaukie, OR 97267 - Photo 1 Price Reduced
-$14,800 (-2.28%)
$635,000

5050 SE Robin Ct  Milwaukie, OR 97267

  • Single Family
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,604
    Sq. Ft.
Listed by Keller Williams Realty Portland Elite, Dan Walters
7825 SE Sporri Ln, Milwaukie, OR 97267 - Photo 1 Price Reduced
-$9,910 (-2.02%)
$479,990

7825 SE Sporri Ln  Milwaukie, OR 97267

  • Condo
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,082
    Sq. Ft.
Listed by MORE Realty, Chuan Liu
12406 SE Fuller Rd, Milwaukie, OR 97222 - Photo 1 Price Reduced
-$5,000 (-1%)
$495,000

12406 SE Fuller Rd  Milwaukie, OR 97222

  • Multi-Family
  • Active
  • Updated 5 days ago
Listed by eXp Realty, LLC, Andrew Harris

Recent Sales near 2540 SE Clay St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1903 SE 29th Ave, Portland, OR 97214 - Photo 1 Sold
$1,191,500

1903 SE 29th Ave  Portland, OR 97214

  • Single Family
  • Sold
  • Updated 11 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,864
    Sq. Ft.
Listed by Cascade Hasson Sotheby's International Realty, Dori Olmsted
Sold by Windermere Realty Trust, Erin Livengood
807 SE 28th Ave, Portland, OR 97214 - Photo 1 Sold
$1,280,000

807 SE 28th Ave  Portland, OR 97214

  • Single Family
  • Sold
  • 5
    Beds
  • 2
    Total Baths
  • 4,052
    Sq. Ft.
Listed by Cascade Hasson Sotheby's International Realty, Polly Webber
Sold by Cascade Hasson Sotheby's International Realty, Vanessa Calvert
2938 SE Washington St, Portland, OR 97214 - Photo 1 Sold
$1,250,000

2938 SE Washington St  Portland, OR 97214

  • Multi-Family
  • Sold
Listed by Kelly Right Real Estate of Portland, LLC, Jordan Tietz
Sold by Opt, Aaron Pontius
928 SE 18th Ave, Portland, OR 97214 - Photo 1 Sold
$1,191,000

928 SE 18th Ave  Portland, OR 97214

  • Single Family
  • Sold
  • 4
    Beds
  • 2
    Total Baths
  • 4,106
    Sq. Ft.
Listed by Think Real Estate, Breylan Deal-Eriksen and Think Real Estate, Zachary Ostrom
Sold by eXp Realty, LLC, Ann Reed

2540 SE Clay St, Portland, OR 97214 (MLS# 395167028) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 2540 SE Clay St is currently listed for $1,299,000 and was received on June 01, 2026. Want to learn more about 2540 SE Clay St? Do you have questions about finding other Single Family real estate for sale in Southeast Uplift? You can browse all Southeast Uplift real estate or contact a Coldwell Banker agent to request more information.

Tour this property