The Oregon daily journal. (Portland, Or.) 1902-1972, May 17, 1908, Page 54, Image 54

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THE OREGON SUNDAY JOURNAL. PORTLAND. SUN&AY
MORNING, ' MAY 17. 1908.
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Have you watched the development of
Portland and Willamette Heights in the last
three years and the enormous increase in
realty values without realizing that all these
hills are destined to be the finest residence
section in the city when they get' adequate
car service?; The history of all large cities
proves that the better class always go to the
hills, and Portland people are just commence
j ing to appreciate their exceptional oppor
tunities. Where is there another city with
such beautiful hillsides so close to the. busi
ness center or presenting one half the mag
nificent scenery to be found there? ,
The Oregon Electric Railroad runs
along the hills in Southern Portland and is
bringing that section within from 8 to 12
minutes of the business district do you
know what that means? And it is only a
question of a short time before many mag
nificent homes will be built there. Property
values there now are extremely low, rang
ing from $350 to $750 per lot (less than one
half what they were 20 years ago with one
fourth the present population), and now is
the time to buy. Remember that it is only
about two and one half years since lots could
be bought on Portland Heights for from
$500 to $750 which today are worth from
$2,000 to $5,000. Why not buy something
while you can get it for less than one fourth
its real value. .
Office at Fulton Park
Opposite .Oregon Electric Depot
H
JOHNSON
Pulton -ParR
This addition was platted ' and placed on - the
market nearly 20 years ago and lots brought as
high as $1,000 then. The view here is simply mag
nificent, and there nothing finer on Portland '
Heights for less than $5,000. A number of years
ago a very inefficient carline ran through Fulton
Park, but upon the consolidation of all the city
lines, this one was abandoned, leaving Fulton Park
high and dry with absolutely no car service. Con
sequently, realty values "dropped there and there
has been little development in 15 years. However,,
the Oregon Electric Railroad runs right through
the center of this tract, so that now this section,
has nothing to keep it from taking its natural posi
tion as one of the most desirable sites for a home"
in the city. 'I have been handluig Portland Heights
property for over two years and am certain that
the development of Fulton Park will be fully as
startling as the Heights has been. I have opened '
an office there and have a large amount of this
property listed at most attractive prices. Call and
see me at any time. What is more to the point,",
is that several people who made good money out ;
of Heights property are investing at Fulton Park
now. Don't wait until too late investigate now.
Take a ride on the new car and see for yourself.
Depot at Front and Jefferson streets.
Alder Springs
This is the first subdivision to be platted on
the Oregon Electric Railroad since its completion,
and offers exceptional opportunities to people of
moderate means who want a home up in the hills
where they still can be within easy access of the
city. The time required to reach Alder Springs
is only 15 minutes and lots can be bought for one
half the price of lots anywhere else the sa.me dis
tance out. This property is on the west side, with:
no bridges to cross or draws to delay. Lots 50x100,
high, sightly and good view. Prices $200, easy
terms. Cheapest and best buy in 25 years. Call
for circular giving full particulars.
Or 270 STARK STREET
Care The Spanton Company
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NORTHROP
ACMES
PORTLAND'S MOST BEAUTIFUL ADDITION
CLOSE IN ON
WEST SIDE
Best Buy Offered in Portland in Years
LAID OUT IN
PARK STYLE
10 MINUTES' RIDE ON SALEM ELECTRIC LINE ONLY SHORT DISTANCE FROM FULTON CARLINE
THE GREATEST OPPORTUNITY
That Portland people ever had for securing an ideal home site and investment combined is presenting itself in the
placing ot NORTHROP ACRES on the market. In no other metropolitan city in America is it possible to buy acre
age right in the city at five times the price of this property. In a few weeks we have sold one-third of the tract, and
it behooves you to visit our tract without further delay. GO OUT TODAY! WE WANT YOU TO SEE IT!
YOUR CHOICE OF THESE ACRE TRACTS ONLY $600 EACH
TERMS ONE-QUARTER CASH; BALANCE TO SUIT YOU
REMEMBER
Property Values Are Based Property So Close In .
on the time in reaching the business center in all large cities. As Northrop Acres is bound to bring from $600 to $1,500 a
Keep this in mind when you are investing money in real lot in a very few years. Only 10 minutes' ride on the West
estate and you cannot make a bad investment. ' Side, with no bridges to impede traffic.
REMEMBER
We Take Pleasure in Showing This Beautiful Property to All Who Call at Our Office
Mo
ROOM 411 CORBETT BUILDING, Corner Fifth and Morrison Streets
Phone Main 6860
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