Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$975,000 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: 12:00 PM - 2:00 PM

Sunday 9/6 12:00 PM - 2:00 PM

2540 SE Clay St,Portland, OR 97214

2540 SE Clay StPortlandOR97214

Get directions
See This Home
Save This Home
See This Home
Save This Home
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]

Full Property Details for 2540 SE Clay St

General

  • Price: $975,000
  • Taxes: $11,252 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 430648341
  • Updated: 9/4/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Engineered Hardwood, Garage Door Opener, High Ceilings, Wall to Wall Carpet, Washer/Dryer
  • Appliances: Built-in Oven, Built-in Range, Cooktop, Dishwasher, Free-Standing Refrigerator, Gas Appliances, Island, Microwave, Range Hood, Tile

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: Lower
  • Bedroom 2: Upper
  • Bedroom 3: Upper

Other Rooms

  • Living Room: Main
  • Family Room: Upper
  • Kitchen: Main
  • Dining Room: Main

Exterior

  • Exterior Features: Deck, Fenced

Parking

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

Location

  • County: Multnomah
  • Subdivision: COLONIAL HEIGHTS
  • Driving Directions: East on Hawthorne, S on 25th Ave, East on Clay St

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: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Custom Style, Modern
  • Basement Desc.: Finished, Partial Basement
  • Roof: Composition, Membrane
  • Windows: Double Pane Windows, Vinyl Frames
  • Stories/Levels: 3
  • Square Feet: 2,892
  • Year Built: 1948
  • Property Condition: Updated/Remodeled

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: Level, Trees

Green Features

  • Green Certified: Yes

Financial Considerations

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

Disclosures and Reports

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

Listed by Living Room Realty (503) 719-5588, Devin Arthurs (971) 300-8337

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 agent

— 2540 SE Clay St —

  • Devin Arthurs

    Living Room Realty

    503-719-5588

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
9/04/2026
Listed
$975,000
-18.75%
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 Living Room Realty (503) 719-5588, Devin Arthurs (971) 300-8337

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.

11929 SE 36th Ave, Milwaukie, OR 97222 - Photo 1 Just Listed
$725,000
Open House

11929 SE 36th Ave  Milwaukie, OR 97222

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 3
    Total Baths
  • 2,772
    Sq. Ft.
Listed by The Agency Portland, Leanne Bach and The Agency Portland, Savanna Ray
15300 SE Minerva Rd, Milwaukie, OR 97267 - Photo 1 Just Listed
$925,000

15300 SE Minerva Rd  Milwaukie, OR 97267

  • Single Family
  • Active
  • Updated 23 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,992
    Sq. Ft.
Listed by Premiere Property Group, LLC, Lisa Stone
9886 SE 42nd Ave, Milwaukie, OR 97222 - Photo 1 Just Listed
$550,000

9886 SE 42nd Ave  Milwaukie, OR 97222

  • Single Family
  • Active
  • Updated 22 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,399
    Sq. Ft.
Listed by Portland Real Estate Consulting, Inc., Melissa Young
4407 SE Roethe Rd, Milwaukie, OR 97267 - Photo 1 Just Listed
$75,000

4407 SE Roethe Rd  #41  Milwaukie, OR 97267

  • Manufactured Home
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 840
    Sq. Ft.
Listed by Realty One Group Willamette Valley, Felicia Cobb

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.

5234 SE Alderway Ave, Milwaukie, OR 97267 - Photo 1 Price Reduced
-$30,000 (-4.65%)
$615,000

5234 SE Alderway Ave  Milwaukie, OR 97267

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 2
    Total Baths
  • 2,522
    Sq. Ft.
Listed by Keller Williams Realty Professionals, Adrian Wild
8609 SE 34th Ave, Milwaukie, OR 97222 - Photo 1 Price Reduced
-$5,000 (-0.69%)
$719,900

8609 SE 34th Ave  Milwaukie, OR 97222

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 1,968
    Sq. Ft.
Listed by Premiere Property Group, LLC, Elizabeth Ashenafe and Premiere Property Group, LLC, Marlene Mills
11261 SE 34th Ave, Milwaukie, OR 97222 - Photo 1 Price Reduced
-$26,000 (-4.95%)
$499,000

11261 SE 34th Ave  Milwaukie, OR 97222

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,270
    Sq. Ft.
Listed by Weichert, Realtors on Main Street, Chrissy Hanson
4567 SE White Lake Rd, Milwaukie, OR 97222 - Photo 1 Price Reduced
-$11,000 (-1.96%)
$549,000

4567 SE White Lake Rd  Milwaukie, OR 97222

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,192
    Sq. Ft.
Listed by MORE Realty, Yelena Volodko

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.

2536 SE Market St, Portland, OR 97214 - Photo 1 Sold
$955,000

2536 SE Market St  Portland, OR 97214

  • Single Family
  • Sold
  • 4
    Beds
  • 2
    Total Baths
  • 2,897
    Sq. Ft.
Listed by Living Room Realty, Bonnie Roseman and Living Room Realty, Atika Hagen
Sold by Windermere Realty Trust, Amy Romberg
2115 SE 26th Ave, Portland, OR 97214 - Photo 1 Sold
$850,000

2115 SE 26th Ave  Portland, OR 97214

  • Single Family
  • Sold
  • 4
    Beds
  • 2
    Total Baths
  • 1,798
    Sq. Ft.
Listed by Living Room Realty, Lydia Hallay and Living Room Realty, Margo Myers
Sold by Redfin, Ashley Troy
2704 SE Harrison St, Portland, OR 97214 - Photo 1 Sold
$850,000

2704 SE Harrison St  Portland, OR 97214

  • Single Family
  • Sold
  • 3
    Beds
  • 2
    Total Baths
  • 2,408
    Sq. Ft.
Listed by Living Room Realty, Katie Fracasso PC and Living Room Realty, Jennifer Raynak
Sold by Windermere Realty Trust, Yasmine Foroud
1608 SE 20th Ave, Portland, OR 97214 - Photo 1 Sold
$952,000

1608 SE 20th Ave  Portland, OR 97214

  • Single Family
  • Sold
  • 4
    Beds
  • 2
    Total Baths
  • 2,905
    Sq. Ft.
Listed by Real Broker, Brett Fischer
Sold by RealtyNET, LLC, Greg Messick

2540 SE Clay St, Portland, OR 97214 (MLS# 430648341) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 2540 SE Clay St is currently listed for $975,000 and was received on September 04, 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