2540 SE CLAY ST, Portland, OR 97214

$975,000
3
BD
2
BA
2,892
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$975,000
Days on Market
0
Status
ACTIVE
MLS#
430648341
Bedrooms
3
Bathrooms
2
Partial Bathrooms
1
Living Area
2,892
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Southeast

Property Description

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]

Additional Information

Tax Amount
$11,252
Year Built
1948
High School
Cleveland
Elementary School
Abernethy
Middle School
Hosford
Garage Spaces
1
Garage Type
Attached, Partially Converted to Living Space
Acres
0.13
Living Area
2,892
Stories
3
Subdivision
COLONIAL HEIGHTS
Property Type
Single Family Residence
Terms
Cash, Conventional, VA Loan
Accessibility Features
Garage on Main, Main Floor Bedroom w/Bath, Walk-in Shower
Master Bedroom Level
Lower
Cooling Description
Central Air
Fuel Description
Gas
Heating Description
Forced Air - 95+%
Hot Water Description
Electricity
Exterior Description
Cedar
Roof Type
Composition, Membrane
Sewer Description
Public Sewer
Style
Custom Style, Modern
View
City, Seasonal, Territorial
Parking
Driveway, On Street
Security Or Entry
Unknown
Parking Description
Driveway, On Street
Road Surface
Paved
Exterior Features
Deck, Fenced
Interior Features
Engineered Hardwood, Garage Door Opener, High Ceilings, Wall to Wall Carpet, Washer/Dryer
Kitchen Appliances
Built-in Oven, Built-in Range, Cooktop, Dishwasher, Free-Standing Refrigerator, Gas Appliances, Island, Microwave, Range Hood, Tile

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Living Room Realty.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.