The Oregon daily journal. (Portland, Or.) 1902-1972, August 26, 1906, SECTION TWO, Image 21

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    -- c- zv::.y jcut.::..l, tc..;l.v..d. cu:;day i :c.;:;i:;o. august 3,
r
arrt Tour choice of ten lots nesr list
SIDE EXCEEDS SUPPLY, SAY DEALERS
u and Brooklyn sts. $26 cash and
tie per roontn.
t CftftlOOlOO.
3UW 2th sts.
Kenilworth and
, on car line.
' Northern . Hill
East
Addl-
WEST
Would-De Purchasers and Rent
era BnaUgi. ftffift of Real
, 7 f Estate Men In Vain.
BUILDINGS PROGRESSING
IN BUSINESS DISTRICT
AYatcrfront Property Is Active awj
EastSi4a Shows Aoimation. In Real
."' Estate Line Bungalows and Rtai
' dencee Going 17p Throughout City.
. The demand for residence property an
the west aid of tha river, real aatata
'; r dealers and agents ' report, la greater
then ever end the demand .cannot be
satisfied, r One operator aatd yesterday
that be could sell within a week 10
food, reeidence propoeltlona on the city
,r. aide of the river. Not only are desirable
'. building lota and dwelling acarce for
'Bale, but they cannot even be rented.
. There Is mnoh property that could be
. Veea for reeldenoes, but the owners ab
. aolutely refuee ; to sell or place any
. value on the landV-A-market -ie watting
.' for lota ranging from 13,000 to 11.000
In whet le generally . called the Nob
H1U district, which shows that the peo
, pie are willing to pay a good price If
they can gat a satisfactory location.
Beatal Froperty Scarce. .
. ' One agent, who makes a specialty of
. tenting, said yesterday: - . ,
' "I only wish I could get property to
rent on the weet side of the river. I
i have from three to flv applicants for
V every vacant house I can get north of
Washington street and west of 81s-
teenth. I Jieve been In the real estate
business .in Portland for II years and
never; know -thodematd-to be so treat
for desirable residence property on the
west side of the river aa It la today.
. House-owner can get almost any price
tbey . want for their property. A few
years ago they were satisfied with six
per cent, and now they can get eight
and ten per cent net, and in soma cases
HI - know of rentable - propertythat is
. bringing In as much as 11 per cent net.
, Not only is rentable property scarce,
but there seems to be no chance of get
ting any. 1 know of several operative
' builders who are willing to erect from
eight to ten houses in the Nob Hill dls-
Y trlct If they could only get bold of some
v vacant land In that , section, but the
, ownera refuse to sell, and what , Is of
fered is so high, that it cannot be con.
New
aidered. Soma of tha Ma eelL.es of this
city that control property la that sec
tion could reap big profits if they would
only sell or improve. The condition, is
retting such that I am rapidly reaching
the point where I will become an advo
cate of tha theory that the land should
be taxed to the full extent of its rental
value. If that waa a law in this city it
certainly would, I believe, open np some
of these big Idle pieces of real estate."
raw Bif Sales During- Weak.
. During the week there have been few
aalea of consequeno. There continues
to be quite active buying of warehouse
sites in Hhe northern part of the city.
1
.1 '
FINE
i P" " l1 SsmssssasewsjaessasnssssssslHB '!. f S -mi a mill i uses., s .i i M ,. , i , , .inmiii is. I
' . . il Tna
'r-r ... H -n
i ..- v. s. La
I . , . ' i v T ,.., .. s...
Lii i i it i "i 'tl ' lip ir'- ,vjr-jw 1 1 l..ilt,i.iiiii.iwiitrf:i.A.ji.-.'A ,j -.&i;,.v.af'.'-i)t
mM Commit Property
JLots and Blocks in the New Addition on Council Crest will be Ready for
. the Market in a Few Days
r . We Ara Prepared to Quote Very Low Prices and Terms to Suit Purchaser . I . 1.
D. E. KEASEY & COiVlPANV
EXCLUSIVE DEALERS IN PORTLAND HEIGHTS PROPERTY
Pif ice . Opposite the va Observia to
-4-
:' Ill !li A,:,
fi ,.r-.-. r ...rt.r.. r , r vifci-niTfw in ririr-itr-iri 1 1 r
close to proposed terminals of the Port
land Seattle railway, i Earlxintba
week 1 the Moors Investment ' company,
who were the original promoters of auch
a warehouse district, purchased a quar
ter block - at - Twelfth, and Xovejoy
streets The consideration waa not an
nounced. ' Testerday announcement was
made of the transfer to the Security
Savings S Trust company, of a part In
terest lit the quarter block at the south
west corner of Fourteenth and Raleigh
streets, which was owned by the Bent-
ley Realty company. : The consideration
was given aa nominal. It la believed
this property waa secured for the Port
land ds Seattle railway, for 'it will be
recalled that the ' Security Savings
Trust company was the trusts through
which, the big transfers were recently
made, and the corner now transferred
Home of L. 8. Caiter en ruiTJ&d H
may be part of tha proposed terminal
site. ' Another sale, of property not far
from - this was also announced yester
day, a lot on Sixteenth street, between
Northrup and Overton, owned by Igua
sio Conatta and others, being trans
ferred to Thomas Fltsglbbon for S3. 000.
-. X Advance on Trent Street.
' A sale during tha week which showed
the great advanoe made in Portland
realty within the past year or two waa
the purchase by Henry Mealter of a
property oft Front street, near Pine,
for 111, E00.' This property has advanced
more than 1 10,000 In two years, it hav
ing been aold in 1104 for $11,000 and
Lots, 4 Blocks and Acre Tracts Favorably Situated
LOTS IN
The New Addition
'.' : ' ' -
Dr. A. B. McKay's New Home, Twenty-Fourth and
el nee that sale transferred one again
OfetU.oasB4owitfasTaeheda
value of . 12.100. - r - v.. -
' Business property ' east of the Wil
lamette river continues . to show Im
provement. -Two deals were made there
thia week which attracted much atten
tion and several others are pending and
may be announced during the coming
weekv provided certain part ies to -the
transaction return from their summer
vacations and sign the necessary papers.
One of the largest purchases In East
.Portland during the .week was that
made by O. P. Clertn, wno paid $21,000
for a quarter block at East Sixth and
Morrison streets... A f 10,000 deal was
the purchase by -T. . J. Kadderly and
others of the half, block at East Third
and Davis streets. , . '
in the way or buiiaing news
rights., '
nouncements 1 were made during the
week of two new structures; permits for
a large number of houses were Issued
and quite a number for repairs, some
of which will be quite extensive. One
of the more Important, building an
nouncements waa that' Fleischner,
Mayer A Co. will build a warehouse
near" Second mnd Cotch streets and also
enlarge their factory. The other waa
that Gay Lombard will build a dock
costing about 115,000 at 'tha foot of Du
pont street. An Interesting announce
ment of, tha week waa that plans are
being prepared for adding a story to
the Strowbrldge building, which prac
tically occupied the half block on Tarn-
"QREENWAV"
to the Heights ' -r- .. ' -' ' ' . -t
. "IM ':.-.::.?.
, if1
V
1.
.ft
J
'ill"
Marshall Streets.
i
I11 street betwoenfnetecond?3!
Thaf'business locations are In de
mand is evident from a statement made
yesterday by Lot Q. 8 wetland, who Is
having built the eevenrStoryLstructure
at Fifth and Washington streets. .Mr.
Bwetland says that all of the first
floor has been leased -and that tba
tenants will move In aome time next
months- No announcement of the namea
of ' the leaeea will be made for an
other week. When Mr. Swetland was
asked regarding the balance , of the
building he said , that he was overrun
with applications. . : r i
"No one has any Idea," he said, "of
the demand for good offices My ex
perience has been, and the building- will
not be finished before December, that
man can pick bia .own tenants. He
does not have" to- go looking for them
and every office can be Tented to most
desirable parties." '
Mrs. Ida M. Church has sold to
Patrick Douglas a house and lot on
Overton street nesr Twenty-third.- The
consideration Is given as $7,600.
T. C. Bmlth has purchased' from
James Campbell the house and quarter
block at the northweat corner of Eaet
Eighth and Orand avenue In Stephens
addition for IJ.tSO.
Hartman A Thompson report the sale
of the residence of A. O. Sherman at
East Madison and East Thirty-seventh
streets, to Mr. Carl King of McMlnn
vllle. who will -make Portland, hla home
In the future. ' " ' . I
E. L. Caldwell has sold his Quarter
block at the corner of Eaat Stark and
East T-.-ti.th a mi..TBDmi.iihin the
who will build In the near future. The
sale was made by Hartman A Thomp
son.., .. . ,. .',.'..
atreniatiom of Tms y omnia ta
Vostland and ia Oregon exoeeas that of
aay otaes oretron newspapaa,
it PLAN5
. ; FROM $3.00 UF :
- Designs made from ; your own
sketches, and with skill and taste.
E. KRONER, Architect
te-lT Cambridge Bldg, S. W. Ooraei
Third and Morrison, Portland, Ox.
Pcrrhh, Watkins 0 Co.
BstablUhed 1878.
REAL ESTATE
nrsvsAircm,
BXHTAXi
AOSSTTS,
Z.OAJT
3SO ALDQH
i ' '1 , 'se
. J 'n i v
---e
MUUtKN HOIS
ind
1 3 SO eli,
balance1
"$10 'per month
cement ' walks. - south
front.
Nineteenth.
Multnomah street, near
ttflflft KViii lot and l-room cottage, near
v ' two car lines ssueeasn,-tai
ance monthly.- . . . , . ,
tlfTA -room cottage, lot 75io $300
1JW cash, balance 115 per month,
tf inn T-room house, lot 60x80 $200
'""casn, Daiance I rj per month.
ttiCft Fbur lots, E. Sgth. near Haw
fiJUtborne ave.: will divide; snap.
tl ZftrtJ-room-Jiouse, let fox90-$$00
' v" casn, balance l per month.
?sf A New modern 7-room house, cor,
v'vv Fremont and Minnesota ave,
$2650 t"" o1- ,Nor,h", at.,, near, ISd
rer-it-fl(r15;
LQJ Kugene St., hear V
nuams ave;
tiflOQ Full . lot. Twenty-second,
near
Kearney street.
OlCft Full lot on Twenty-fourth, near
Johnson street. .
JICI Full lot, Johnson, nesr Twenty-
J fifth street.
t3Ctf 1 60x100, or.' 25th and Mar
JOJW ,hall BtlI For a fy, day, only
117fin 0x60, corner lth and Northrup
vaww Bts.; income $144 ptr year and
increasing. . .-.
fAflnfl ' rooms and attic, furnace. Are
JOUVV Diaoe, two bathrooms; lot 42x
100, Blarsliall, between l(th and 20th sts.
t7Cflrt Elegant quarter block, suitable
for flats. , -7CAV2l
acres, beautifully situated
'wy.jiearjrremontjtreet and count)
road. , . - ,,
tSHOft A thoroughly . modern -room
house, cor. lot 50x100, Marshall
street, west of 23d. '
$10,000 US. n PlV'"0n triet n
f Oflf) 40 acres near Sandy road, east
or jrvingtnn, ..
tlj nftA 60x5, well improved, paying
'vw per cent net. .
$1? 0(( acres, all cleared. E 28th
'',v" ana Knott
sts.
SPECULA-
TION.
t?1 nfin Quarter
blocks hlshlvim
tHWMrilPomt $2,400, paying
10 per cent net ,000 cash, balance
long lime, s per cent.
see as about any of the above and
many others which we do not advertise.
You will be sorry In two years If you
u not Buy now. . r ,, , i
LAMONT & HARRIS,
tz - MAIN $03.ICTH SIXTH ST.
M TOU BUT A tOT r-
Too make an Investment - and at the
same time enjoy all the elements of a
speculation. Remember' our prices are
very low, considering the Improvements
w are making. .
Many Advantages
Are offered to purchasers of lots In
Creston, among them quick and frequent
car service to the city, an abundance
of good water, graded streets, sidewalks
and the most magnificent view of. any
tract on the Mount Scott- car line.
It Is Safe to Predict
ThattJhla-ljract-aiUl be
Ul. have' iiieis I'noHic
next t months than
any other subdivision in this) district,
and present prices will surely advanoe
to two or three times present figures.
Go and See for Yourself
Before they are all sold; our agent is on
the ground and will deal liberally with
you. Take Mount Scott car at Kirst and
Alder streets, get off at Creston; it's
only 18. minutes' ride.
Western Oregon Trust Co.
. .891 STABS ST. ,'
A. COWPERTH WAIT, AGENT.
Look at These
$2,50O Fine home of 7 rooms, lot
tuxiou. nice nemipflrP,"in
Z.OOd Good T-room house with lot
$$ttxl$$ ft.; modern; food buy; terms.
93,000 Fine t-room house, lot 80x100,
ail modern; very pretty place.
92.50O $-roora house, St. Johns; lot.
iuuxiuu, mooern mrougnoui; splen
did bargain; terms ....
1,85 Fine St Johns home, f rooms.
tot fuxiuo, very moaern; terma. now
is the time to get Into St. Johns. .
2.800 Fine east side home, I rooms.
j-ixe 101, moaern; terms. -
$4, 500 Fine 10-rootn house, lot
suxiuv, moaern every way; nouse cost
mora than we ask for tha house and
lot; easy terma , -
Tom M. Word
Real Estate Co.
830 STABS ST. .
10 Dollars I)mn
' - AND .v.,
10 Cents a Day
Will pay for a lot 25x100 f?ct t
Univcrtity Parle, the "' business
center of the peninsula. Bull Run
water,' 15-foot alleys, ' 100-foot
boulevards, Portland public
schools, near car line, hear uni
versity, near new factory district.
Come soon before all are" sold.
FRANCIS I. M'KENNA
University Park. Phone Wood
; lawn 839.9 c
FIRST STREET
IBxlOO, with 1-story frame building,
on First street, near Washington $15,
$00. - : .
$0x100. with 1-story brick, on rirst
street, only $21,000. .
Burnside Street
1 Corner, $0x109, on Burnside and 11th
streets $$0,000; terms.
The Healy Investment Co.
10-814 Ablnrtoa, 10y, Tbixd St.
room house i
Cratoi
w JL vsnssnsnfcsBssnsntnl
wi . v . ; ' ' , .
. . . . ..
. $22005200 Down and $20 and i
' interest monthlv payments-See
The Dunn-Lawrence Co., 149- First St.
irslVESTIQATB
V
r
I. -
THIS HOTEL COMPLETE FOR $S,000
l 11 rooms, oince, perior, ainina-rooi
thing new; land 100x160 feet; building
SI rooms, office, parlor, dining-room,
Inc nwi land 100x160 feet: building,
cows; In prosperous railway town In
for part. Investigate this
89 acres Irrigated fruit land, Uma
tilla county, near depot and. packing
house, on main county -road, 10 miles
from growing city; 1 new houses, barn,
large sheds, large ' chicken-house, two
smaller chicken-houses, woodshed and
washhouse.straw shed, good well, good
cellars, one with cement bottom and
tile Oram: over l.ouo Deanna apples
"trefe".- e0achaa,cre new sfra wi
berries, 1 acres grapes. 21 cherry trees.
loganberries, other small rrutta. an
fruits best varieties; enough young nur
sery stock to plant (entire place.' New
electric line will run close; watered by
two mountain streams. Can be divided
Into two tracts, with . fruit on each
$8,600.
f 2.700 acres, finest stock ranch In Wil
lamette valley, l miles, on level road
from railway, level and low rolling hills,
Oregon Fnrmjn jiUHt Q m n I 4Crtmpt.fny-
TKJTTlcBAT MVXXJUma. VXMO ABB STABB STBMTS.
Immmms
Oeod S-tao:
house and quarter block,
side
Good T-room house, Upper Alblna. lot
Beantlfnl home on Rodney avenue, corner lot ................. .S3, ROO
-room honse on E. 12th. and Davis, In good condition ......... .$U,0OO
Tracts of from 1 to 10 acres on Oregon City car line, rich soli, improved
- or unimproved, ranging In price from $150 to f)350 per acre, Terma,
10 down- and f5 per month per acre. , - -
4V, acree on oar line, all cleared, new -room house ........... .fl, QOO
rine 10-acre tracts east of MonUvllla. f SO and f 65 per acre.
8H acres on car line, all cleared, aU.Vfenced...arellwateredamalt orchard, -
new $-room house, new barn, all new buildings. Also all household
furniture, one Jersey cow, chickens, . etc Price f 3,000, f 1,000
HARMS . -'y.
40 acres 4 miles east of Oregon City, $2 acres cleared, all well fenced.
well watered, small orchard, new t-room house, new barn, chicken
. 'house and outbuildings, en pnblte road; also all stock and implements
end household furniture, f rloe. 8)3,000
Call ft write for our large list of substantial farms. "".
THE SHAW-FEAR COMP'ANV
348(4 STARK 8TBBBT .. t.
I
hcxkzzzzxzxzzzzzzzziczzz:
TO INVESTORS
83700 For a hotel on one of the
best corners In North Portland, near
the depot, has guaranteed lease for two
years at $27$ a month;. $13,000. cash wUl
handle It. . ; " .
835,000 Choice corner on upper Mor
rison St.; Income enough to carry It.
831.0OO A whole block fn East Side
warehouse district, close to Morrison
St., with trackage facilities and . Im
proved street. s . '.,? , ..
SaS.OOO A Quarter block In . North
Portland, near depot and wharvee; can
show you how big Income may be ob
tained, '. IS .-.
880,000 Invested In a new building
will pay PER CKNT NET, The prop
erty a close to Morrison st. and aure
to advance In value. . . . .
818,500 A 22S-cre farm In Yamhill
county; nearly all In crop this year;
close to North Yamhill and near rail
road. , J- ,-r"---" -
860O0 A 14$-acfe farm In Polk coun
ty; all Jn crop this year, good buildings.
8000070x100 site for apartment
house on West Park at.
95O00 Will ; buy a choice corner lot
On Alblna'a principal., streets - opposite
tha bank, and will pay I per -cent net. . .
83500 Buys' 100-acre farm In Linn
county at Junction of two railroads and
adjoining a town; half cash. - .
88500 Choice lot on Tork street, the
new- warehouse district; trackage as
sured; valves rapidly advancing.
' 8100O A quarter block In South Sun
nyside, where line residences are build
ing. . .
ox Aiux a or co
THESE BARQAIIN.
V . . i
kitchen, completely furnished, every-
barn, outhouses, sood
hnrn. oiithnuMAa. wuriA well and tank. S
Willamette valleys good business.
1TW
open and oak with some fir timber, welt
watered, good soil 87 J per acre.
400 acres, close to Oregon City. . Can
be divided 84 per acre.
If seres, II miles from Oregon City,
on good road; 70 acres in cultivation;
fair house: 6 acres orchard, living wa
ter, land very rich, no rock, no stumps
f i d.m. ana n , ,
- r"; .T. he.t-eheftrTffno-in-fhmaa-
country 84S ier acre.
100 acres, 1 In vultivatlon, miles
from Alhanv, fine fruit orchard, apples,
pears, cherries, . plums, prunes, smsll
fruit; crops all good 4)65 per acre; $S,
$00 cash, balance per cent
Several .jl good Rogue - river valley
farms. . '' . -
Come and see our list of Willamette
valley lands. ,-. -.. . .; .,,.( - .
beautiful lawn, on east
i.,.., M.OOV
10x100
MEMBERS OF
Portland Realty Cocru
I. T. AITDBrwg 00,
Raailltaa Ballaiat.
CO., U Ctb et
ISAAC W. BAXAD
Commerce. .
i. BtESKB, 444 hrlork Bullcttnf.
. H. BIBKI1L. 203 McKy Building.
BUCKTIL KEEKS, m K. Morrtooa Bt.
A. O. CHUBC1UXI. i CO., 110 a!oa4 St
COkTIWENTAI, CO., t stirk St.
E. t. DALY, 223 F.lllns Bulldlos.
I. 0. DAyiDSOM, 408 Cbiinbn ot Oeejmwee.
DAK 'W. EBWARDI, 412 Oregnalsa BulMmf.
rLoaiAM rnoHg, noji rinc st.
GOLDSCKMIDI ASCXOT, tb3 WrtlBS
ton St.
OOLD8MTTH CO.. 443 Sherlock BnrMtnaV -OOOMOVOX
STKAbNb, 8 WsMHastea
Balldlnf. ' ,
GKIlfDflTAfT SCHALK, 2X4 Itt.rk St.
Z. H ABERBRAsT ft CO.. Shertorh BnlMlM.
HABTMAH XKOMfSOS, Chambor mt Com-
-m?rce.
JOSEPH St. BTIAtT, 114 Ablnstaa Building.
CHABLEB K. MENBT. 371 Stark St.
INVESTMENT CO., 244 Stark t. . .
X. B. JAOKSON CO., S4l Stnk C
CRABLES X. KORELt. 3SI Whlnr"S t.
LAMBEBT, WKIIkUa CO., 107 BhMloeS
Biilldtnc.. . . v.- ,
M. E. LEE, sS BItB Bt. ' : - ' '
9. kt ACKAT, sau-3Sl-&38 tssiber Excksaf
Balldlnf.
MALI TOR BoBSTXX. tM B. BimntiM f.
MOO BE nrvESTMENT CO., 1M Wohlnrtna .
MORGAN ILIEDVEB, 211 AMestoS Balldl
MOTTEA A MoAUrZIk, 300-310 CentSMtCM.,
Block.
r, 0. ROBTRRTTP 00.. Commerdsl Bletk.
. A. PATTERBOR, 13 PhM St.
fAOUTIO TITLE A TB03T CO., $044-0 T fill-
inn nniiniun.
PORTLAND T
RtsT OO. Of OIOOR, 'lew.
Third ind Oik t
J. EBARK FORTES,
BEED, FIELDS
Tinas uu.( us
ROUKTftr SIAM0RO, 241 ttark St.
CORD BENOITARE, SO riftb '
JRO. . SRABXEt A CO.. Tl Ckaa"-
rommeer..
EOTJBITT ABSTRACT TRUST 00., T (
her of Ommrr.. ,
TEVTWSON BROW 00.. ' 110 S 4
A P. BWEMISON ft CO.,
BlVXOTT S1R1I0TT, $ -
toVliTe'StOMOR, 104 rtr.I Bt
C n l ot, 2 ..o-r o r-mrsa,
. 8. TTt,C.i M - . yt-
TRB TIi-L C,
Will V. " ,rw
wir.a cij J I
a M WILBO. I'O -""
ri, WILLS O , 14 -...
A. f . nrgtn,, a.