It
THE OREGON DAILY JOURNAU TORTLAND. WEDNESDAY EVENINQ. JUNE It. 1918,
ROSE
REALTY
OWN A HOME-BE INDEPENDENT GROW YOUR OWN ROSES
nuns m m
LITTLE EFFECT ON
REALTY MARKET;
Choice Property Valued at;
10 Millions Chances Hands1
In Portland Since Jan. 1 De
spite Presidential Year.
" I ill rr b) r''" ""
tlDHM CU4 lh '(04 clj U.'' poli
tic played . fvnrrallr J a
ULi l kit I!n tit lnlmnt fU
ivn t tKt lira f"tiidrd mJ
!. o4 flon lnduiJ In only by
tk finUtr. l"p to wlKUn rr rcnl
tl n a prMMtlI ritnlgo i r
cd4 bf month ef uirruintr and
ft titer Ul Ufarthy, Invoalor rt4 on
. tkalr ra or uf thalr "'? "
Jfa aotr1y. which brought o rata
cX laroma but which waa no uacpllbl
v tn pollUral lnfluaacaa. la auch a tlma
Uta belnaa fabric of rha country
allM tha utcomt of lhaaa tltanle
tontaati with batl braaih.
Hew dirfaranl tha condition la In 1)11.
Bow llttla attention hoaaat and Ultl
tnaU bualnaaa la paylac to thla nation
w!4a atruffl for tha praaldancy. Uara
la Portland a ara tscltrd about It and
trtaraatad la It and ara all mora or laaa
partlaaaa, bat tn btrOia affair tha
rity movaa oil aa placidly aa It did two
or als year ago, whan tha ramotaat
thlna- tn tha mlndi of tha paopla waa a
MltonaJ altlon.
V Strom, KaaJUiy Saoaani.
It 1 oflan aaJd that rral ratal la tha
flrat Intotmant commodity to foal tha
aftacu of a reaction or to tah alarm
at tba bofiaman. Thar la, howaver, no
gainaaylnr tba atatrmant that tha local
rralty marktt la not aa actlva aa It waa
at thla lima In itlt or-even In lilt.
but It la a fart that thare la a Btronf
' and healthy demand for Portland realty
for Investment and Improvamant pur
poaaa. and thla demand la fait In all
' linta of property from tha, $J00 aubur
ban lot to tba fiOO.VQO central bualncaa
urner.
' Cp to data, real aetata to the value
Of more than 110.000,000 hae changed
aanda alnce January 1. Thla doea not
look like a quiet market by any meana.
. Tha encouraging feature of thla b)f vol
ume of bualneaa la that It nearly all rep
reaanted legitimate Inveatmeota either
for Immedlata Improvement or for the
y purpoae of taking tha praaent Income
: and Improving later.
; Another aura Indication of the atabll
Ity of the Portland real eatata market.
, aa well aa of tha confidence that the
' monled men of thla city have in It
future, la the huge aum that hae been
Invcated In new building enterprlaea in
. ' ; tha paat five and one-half montbe. Since
January 1. between 8.(00,000 and $9,-
000,000 haa been put into new construe
tlon in thla city. Gome of the largest
building enterprlaea In Portland have
keen Inaugurated thla year.
Big- Bonding X rooted.
' Two department atorea have been
' erected at Fifth and Washington street
at a total coat of 11,000,000. A mam
moth hotel la under construction at
Seventh and Oak. which will eoat 1760.
000. The west wing- of the new county
courthouse waa begun, another 760,000
, I project. The Journal la building for
itself a new 360,000 home. A 00,000
, theatre la under way. A million dollars
- v worth of apartment houses have beon
completed or begun alnce the first ot
the year. Several handaome structures
'ara rolng up along upper Washington
atreet, all belonging to thla year's vint
age. The finest retail drug store in
i the United States, now completed, was
started after January 1. But better, so
i .. far as city building Is concerned than
all this, is the fact that new homes to
the valuo of 4,000.000 have been erect
ed In Portland in the past five and one-
, aaii months.
Haay Smaller Balea.
i Innumerable deals Involving valu
able business and near-business hold
ings, amounting In the aggregate to a
vast aum of money belonging to the first
half of 1912.
The truth la a little reflection and a
little casting up will show that 1912 is
no laggard In so far as the Portland
real estate market is concerned.
. A vast sum of money lias been ex
pended this year and a yet larger sum
will be expended before the year is out
In Improving different sections of the
city. The effect of the great work
that has been going on for two years on
Kings Heights is just beginning to be
felt. Arrangements have already been
made to build a number of handBome
homes' in iuat sightly tract and many
Choice bulltting sites have- been Fold in
the past few months. T-he same thing
1 true of Westover Terrace, where the
jut! torapanj- na neen carry
ing on a great rtgrad"Vrk tor the pa&t
two years.
During the first sixty days of the
J ear one subdivision company sold lois
In a. ciiokie east clde residence district
to the value of J.jOO.OOO.
Small Acreage Tracts.
In the southeastern section of tho
City In the vicinity . of peed College, hun
dreds of lots have been purchased by
home builders . since the early spring.
In the northeastern section an entire
Addition was sold OJt in March, April
and May. Along the line of the Mt.
Hood railway there -has been unprece
dented activity in lots and acreage for
the past three or four months. It 1m
probably no exaggeration to say that
Investors have put all of 200.000 In
mall acreage tracts east of the city
within tha past 90 days.
, Contracts have already been let pro
viding for different paving projecta on
the Sast side of the river, aggregating
more than fl.OOO.OOO. Over on the Pen
insula. ' In the vicinity of Kenton and
west as far aa St Johns, improvement
ork including hard surfacing of
treats, laying ot sidewalks, putting In!
of water and sewer systems, is under!
way. . inja tut amount or municipal
improvement work... together with the
volume of new conatructlor. and the
millions Invested in-realty during the
past five and one-half months, estab
lished beyond Queetlon . th fact of
Portland splendid progress and ahows
teat tee peopla here have every -faith
la thtftre of their city. .-. ,
: - ; '
A
Beautiful Hawthorne Avenue Home
for $1000 Less Than Actual Value
Seven Urge, sunny rooms, with sleeping porch; double con
structed throughout; built for a home and not to sell. Every
modern convenience; street improvements paid. We can
prove to you that this property is actually worth $5000, and
that it is an unequaled snap at
$3750
Favorable terma if desired. Shown by Appointment Only
F. C BRYANT & CO.
1017 CHAMBER OF COMMERCE
North Union
Avenue
The Coming Business Center
(A Wise Investment Is Worth a Lifetime of Toil.)
Let us reason together
SUPPOSE the interstate bridge across the Colum
bia connects with Union or Vancouver avenues?
SUPPOSE the great railroad powers build termi
nal yards on the flats north of Columbia boulevard?
SUPPOSE the Columbia slough should be dredged
and made navigable for commercial traffic?
SUPPOSE the great factories, warehouses, mills,
etc., line up along the O.-W. R. & N. tracks? .
Look into the situation and ask yourself if these
suppositions won't be near future realizations.
We offer for your consideration, while they last,
50xl00-FOOT LOTS NEAR UNION
AVENUE AT $750
Brong-Manary Co.
26712 OAK STREET
Washington Street
We have some of the best buys on upper Washington
street, will carry themselves and show large advances in a
few years. An opportunity to procure a piece of business
property on the investing of a small amount of money.
Irvington
Can furnish you with a fine home in this restricted residen
tial district. We have homes running 6, 7, 8, 9 or 10 rooms,
at prices from $5500 to $15,000. All modern and with up-to-date
conveniences. Some are all cash, others can be handled
on 1-3 down and balance to suit your own terms.
Hawthorne Avenue
Do you want a building site that has a commanding view,
with west frontage? We have some very choice lots close
to the avenue that are exceptional values.
Section Line Road
10 acres, fully improved, 7 acres in berries; chickens that
are layers and marketable, brooders, incubators; modern
house, very good barn, well with windmill. Best buy within
10 .miles of Portland. Auto wagon for delivery purposes goes
with place. One-half cash, balance long time.
Farms and Acreage
Several very choice 10-acre tracts close in. Also soma
farms that, are high-dast situated, Va'mhill and Washington
counties. Two elegant farms jn Goldendale district Choice
40 acres near Yakima on Tieton ditch, water redy to be
delivered.' i
... i .(.-
Warehouse Sites
With trackage eithe4,oo east or west side. A Vert choic '
rutiion on unuea riauways uat is a cneap Duy.
CALLAN & KASER
722-728 YEON BLDG.
'
A Week in Portland
Abounds in Opportunities
PLEASURE EDUCATION PROFIT
FORMER VISITORS HAVE INVESTI
GATED REAL ESTATE between Rose
Carnival . events and have made In
vestments that have proven highly profitable.
The gTowth of our city thaf you admire and
are astounded by means money In their pock
ets. Residence at a distance does not Inter
fere with profits. We Invite you to join them.
We recommend
ROSE CITY PARK
PARKROSE
MORNINGSIDE
May we show you?
Slauson - Craig Company
Successor to the
Real EaUte Department of Hutman & Thompson
4 Chamber of Commerce Building
l y PORTUIND'S L2H j C ROYAL VIEWI
' :' jp
Portland's most scenic
and high -class residence
property.
Take Washington St.
car to 23d St. Just ten
minutes from Sixth and
Washington.
Building Sites $1000
to $3750, on terms to suit
purchaser.
DORR E. KEASEY & CO.
SECOND FLOOR CHAMBER OF COMMERCE
JHL D. STORY
REAL ESTATE AND INVESTMENTS
312414 Failing Building
WAREHOUSE PROP
ERTY Sherlock's ad
dition, Roosevelt St.,
bet 20th and 2 1st Sts.,
12 lots. Will sell as
whole or part.
900 FT. RIVER FRONT
Deep water, also on
Northern Pacific and
United Railways
tracks. Fine mill or
manufacturing site.
BUSINESS PROPERTY
100x100, northeast
corner Front and Car
uthers, 2-story brick, 4
cottages, one two-story
house.
100x100, FIRST ST.
Bet. Lincoln and Hall.
APARTMENT SITE 69
xl 28, 22d St., 1 block
trom Washington.
BUNGALOWS Five and six-room bungalows, mod
ern and complete, close in; easy terms.
h. o. sto:
REAL ESTATE AND INVESTMENTS
312-314 Failing Building
$25,
Opportunities for Investors
ooo
Union Avenue
40xi00lot, improved with a good two-story brick
building, located in the immediate vicinity of the
extensive new freight depot on the East Side. This
will bear investigation. Present income moderate.
Five houses and a store, all rented, including a va
cant lot, all on Couch street. Price $16,000.
Splendid platting proposition near Eugene, between
the Southern Pacific and the electric line. Both
stations will be on the property. There are 646
acres $175 an acre, worth $300. It will take
$15,000 to handle the tract.
Ho Gonther
919 YEON BUILDING
For...
City Property
Farm Lands
Leases
Rentals
Loans and
Insurance
SLL
atson&JherkelsiiiGb.
! I 305-306 Spalding Building;
: -; Portland,' Oregon '
3K5S
Riverdale
District
Irvington
Broadway
MOST BEAUTIFUL SUBURB
Has extensions of Portland's
water mains, phones and' lights
royal view of river and moun
tains. Is being built up by our
best business men. Prices $2000
to $5000 per acre. This prop?
erty will sell at a premium soon.
Eight-r6om house, modern, fine
floor plan, fixtures, all; complete,
50x100 corner, street improved and
all paid up; garage, roses, ttc, $8500.
Fine, sightly lot, where, the neV
houses are going up, for only $1750.
Beautiful lots 100x100, for $5000.
Others as high as $6500, "paid up.
Now, ndte these real bargains. They
will soon be business property' and
" pay you an income as such. 50x100,
with, house in prime renting condi-
tion, for $4750. Improvements paid.
New 6-room house, up to date, with
street improvements paid, only
$5250..; ' ; , ' v
MAY WE SHOW YOU?
oregon realty; CO.
Marshall 3790.
Opposite West Entrance Multnomah Hotel.
til lUUAln O A AXilli
A-3324
.J
HOMES