Thomas Hrabal

2540 Se Clay St

Portland, OR
$ 975,000 Beds 3 Baths 2.5 Sq 2,892 Virtual Tour
Monthly Estimate* How much can I afford?

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 area 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, a modular bedroom area is currently set up as 2 spacious bedrooms, but can be modified to create up to 4 separate, private spaces, offering one-of-a-kind versatility. The additional 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. Special financing program being offered by our preferred lender can help save HUNDREDS per month on your mortgage. Ask your broker or the listing broker for more information. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10192374]

Active

  • Price
  • $ 975,000
  • City
  • Portland
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MULTNOMAH
  • Half Bathrooms
  • 1
  • Area
  • 143
  • Lot Size
  • 0.13 Acres
  • Zip
  • 97214
  • Sqr Footage
  • 2,892
  • Year Built
  • 1948
  • Taxes
  • $ 11252
  • Style
  • CustomStyle,Modern
  • MLS#
  • 430648341
Listed By: Living Room Realty -
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

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 No
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 No
ViewDescription City,Seasonal,Territorial
Legal Description BURRELL HTS,BLOCK 4,LOT 14,E 5' OF LOT 15
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities EngineeredHardwood,GarageDoorOpener,HighCeilings,WalltoWallCarpet,WasherDryer
Basement Finished,PartialBasement
Hot Water Electricity
Window Features DoublePaneWindows,VinylFrames
Total Bathrooms 2.1
FuelDescription Gas
Total Bedrooms 3
Total Baths 3
1/2 Baths 1

Exterior Features

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

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Abernethy Elementary School
Middle School Hosford Middle School
High School Cleveland High School

Price History

9/4/2026 Listed $975,000

Property vs Zip Code Average in 97214

Price
AVG $910K
$980K
Taxes
AVG $10,047
$11,252
Year Built
AVG 1920
1948
Visits
AVG 76
12
Data Provided by Inside Real Estate®

Areas That We Cover

2540 Se Clay St Portland, OR is a Single Family Home for sale at $975000 with 2892 sqft and a lot size of 0.13 Acres Acre(s). 2540 Se Clay St Portland has 3 bedrooms, 2 baths and was built in 1948. The property's zip code is 97214 which is in Portland, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Thomas Hrabal

Thomas Hrabal

Real Estate Broker

971-400-3829

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