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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (April 24, 1927)
SUNDAY MORNING, APRIL 24, 1927 G O JCi A- THE OREGON STATESMAN, SALEM, OREGON 7 M; : '-J FT T Better Homes Week Wo April 25 lo 30, inc. (DM iiIIllOW That every member of the Salem Realty Board is a mem ber of the National Association of Real Estate Boards and duty bound to observe the Code of Ethics of the National Association.! A broker worthy of the esteem of his fellow citi zens and hence .worthy of membership in the Salem Realty Board will not under any circum stances directly or indirectly sell or be a party to the sale of residence property to persons of the negro or Oriental races in districts now inhabited almost exclusively by white persons, especially in Duty of Agent to the Public those additions where-the restrictions, though i now expired, prohibited such sales. The Salem j Realty Board has adopted this rule not on account of any prejudice against peoples of these races, j for it has none, but because it is common knowl- ' edge that the residence of negroes or Orientals in ! any district' greatly depreciates, in the publid mind, surrounding property; values. Realtors owe a strict duty to present property owners in these districts not to make such sales, a duty which the Board now . signifies its intention to strictly enforce. . I - ' - . , REALTY mOAlB L. E. OBERER, President "An Association of . Realtors" SALEM, OREGON REALTORS Andfnwn & Rupert 169 South High Street Louis IWhtfl " 341 State Street A. C. Bohnwtedt 147 North Commercial St. Becke & Hendricks 189 North High Street H. E." Brown 109 S. Commercial St. Leo X. ChilcU 320 State Street Lelace H. Ellis 320 State Street W. H. Grabenhorsi & Co. 134 South Liberty Street Gaskill & Earle 166 South Liberty Street Geo. W. Hnbbs Silrerton. Oregon K, Burgard Kugel 175 South High Street W. G. Krueger 147 North Commercial St. W. PETTYJOHN, Secretary WALTER r. PENNINGTON, Treasurer 7 Qr-:;- ' ' . Iv I ; LJ - :U DIRECTORY- E. A. Miller . 208 Oregon Building Lee A. McAllister 134 South Liberty St. McGJIchrlst & Pennington 209 U. S. Bank Building L. E. Oberer 134 South Liberty Street Gertrude J. M. Page 492 North Cottage Street Winnie Pettyjohn 175 South High Street Richard L. Reimann 147 N. Commercial Street Victor Schneider . 208 Oregon Building S. R. Tandy -Jefferson, Oregon Ulrich Jfe Roberts 129 North Commercial St. the Salem Realty Board In more thoroughly acquainting the people of Marion and Polk counties in regard to why they should recognize the Realtor and to our present -resources in farming and mercantile lities, and the fact that there is no more favored spot in the whole United States tb ive than right, here In the Willamette, valiey. Watch for the next advertisement one week, from today). Your Eastern and Middle Western Acquaintances Will Appreciate Receiving the Choice Listings of Salem's Leading Realtors on This Page. Tear Out , and Mail to One of Them. (This page will be used each week by activities, and as to our potential possibilities, McGILCHRIST & PENNINGTON We have an apartment house close, next to business, worth. $22,000 and yielding 8 per cent and can use land up to $15,000. A good 6-room Salem home worth 13500 for improved ac reage close. A garden acre, on the pavement, 6-room house, garage, barn, chicken house and woodshed ; and water , piped into house, worth $1500, for a small city home. , . . ; - : A good 5 -room house worth $3500 for a larger. home. A good 5-room house worth $2500. for improved acreage. A good house and 12 lota for $4000. 4 Portland half acre lots worth $2000 for Salem home and. will pay cash difference. -'.. 5 acres improved on good road near Salem, worth $1500, and can use car or vacant lot. 2 splendid lots in. south Salem, fine view, for $550 on very easy terms. McGILCHRIST & PENNINGTON 2O0-1O U. S. Bank Bldg Phone 140 Why live in the fog when you can live where you can see God's beautiful morn ing sunrises and the golden hue above the clouds? y This new strictly modern South- Salem seven room home is the place for you. Its well worth the price asked -. - --.-$4,650.00 A. C. BOHRNSTEDT Realtor Loans . Insurance 147 North ComT St. Salem, Oregon Exchanges Extra nice 5 acres, close to highway north, has 5 room modern, bungalow, fireplace, furnace, plumming, electric water system. A real country home, wrill take bungalow to $3500 in Salem. 5 acres, fair buildings, east of Salem, fruit and nut trees, take good bungalow in Salem. ' 45 acres ail in cherries and prunes, buildings, dryer. Want residence or apartment house or small acreage. H. E. BROWN, Realtor 109 South Commercial An Equitable Installment Loan Makes It Easy for You Because: f 1 You steadily reduce the principal with but little greater monthly outlay than rent. 2 You do not have the total principal due in a lump sum, which majr be made difficult to meet. v 3 On a $1000 Idan for 5 years your interest would be $83.20 lower than a "straight" loan. 4 You are doing business with an Oregon company organized in 1890 firmly established. 5 You receive your loan quickly and without any excessive costs. Come In and Talk With Us v ANDERSON & RUPERT Representing Equitable Sav. & Loon Ass'n. of Portland 169 South High St. Phone 1644 .'".hi ' .i-i-- SO EASY! acquiring a home in SALEM HIGHWAY TRACTS. Your rent money will do it a little down and a little each month. And you GET something for your money. A whole half-acre of ground located OUTSIDE of the city limits no city taxes yet city conveniences. City water, city phone, city bus service. - . . . . Salem Highway Tracts You MUST see these ideally located tracts. Situated between the Portland and Silverton highways at the edge of Salem. The ideal home site for the man who wants elbow room. RICH L. REIMANN, Realtor Phone 865 h : Office 147 North Coml St. Acreage With Excellent Location and - Electricity in or Available 3 acres Salem Heights, eitra good soil, creek, some trees, . and good view, $1800. . 4 acres close in, small house, good barn, garage, - very attractive grounds and city water and lights, good plumbing, $5000. 2 , ' 8 acres on paved highway, filling station, barbacue and large dining room with fireplace, show cases, living quarters, water piped from spring, camp ground, $4800. , -i 12 acres, 1 miles from Salem, 11 acres in fruit, and nuts, good buildings,. 6-room house, water piped to house and barn, fine view and suitable for subdivision. $8000. 20 acres near TCizer school," 12 acres in peaches, prunes, ber ries, rhubarb and clover, 1 creek bottom, irrigation rights and equipment. Fair buildings, this is a money maker. $7500. Will take city property part payment. . , ' WINNIE PETTYJOHN, Realtor J 175 S. High Street . , , THE BASIS OF ALL WORLDLY WEALTH IS REAL ESTATE With the growing increase in population grows the value of land. Now is the time to buy a small tract near Salem. 20 acres ID miles out. Fire for chicken ranch. 12 mile to R. Rv and school. ..Part in good timber, little cleared, barn" and coops, no house, fine spring. Price $1200 or take lots or cheap' home in Salem. 3. 1-S acres 1 mile out. No buildings. Crop in. On light line, close to school, fine view. Price $1200, cash $200, balance easy. . r 3 acres 3-4 mile out on paved road. 3 room house, well. Price $1350, cash $300, balance like rent. ' . SEE LEO N. CHILDS CO., Realtor 320 State Street . - i Telephone 1727 Filling Station Site ... - Ideally located on Pacific Highway. On three corners. 4-room. house and one acre of land. Good value at $2300. Terms if wanted. " . W. G. KRUEGER - Realtor 147 North Commercial - Phone 217 Large home, well built, easiest arrangement for 4 apartments. On attractive large corner. This corner has business possibilities. Do not .FAIL to investigate. Price $6850. t - Close in on North Cottage street, 3 splendid oppor tunities to buy cheap. Values are growing daily in this locality. Prices ranging from $3900 to $4900. Large business corner $15,000. Lot close in on Center street income property. Pay ing splendid dividends on $8500. . v ' Income property on Center street $9500. Will more than carry itself while you wait for advancement. Apt. house close in bringing good income. Is busi ness location today. We write all kinds of INSURANCE ! ' GERTRUDE J. M. PAGE, Realtor 492 North Cottage Street Telephone 1186 Rosedale Addition Everybody knows the success of Kays First and Second Addition. 250 lots now being offered in Rosedale Addition to the Invester v . and Homeseeker. The success of this addition is assured. It is located in a growing district. It adjoins Jthe new Oregon Linen Mills. Low priced lots and easy terms. Building restrictions $2000.00. Streets to be paved this year. Many new homes to rise ..in next ninety days. --vV..;'.l-u-;'- - ' ACT AT ONCE! LET US SHOW YOU THESE FINE LOTS BEFORE BUYING. Prices range $500, down as low as $275 . for choice lots. Terms $10 down and '$10 per month Interest 6 per cent. - : - W. tt GRABENHORST & COMPANY Realtors , 1 34 S. Liberty St., Salem, Oregon Telephone 515 VICTOR SCHNEEDER CHRIS SCHNEIDER ! "The Firm of Real Service" Now is ,the Time To Trade That Farm, or House for Good Income Property.! , . NEW BRICK APARTMENT- HOUSE in the NOB . HILL DISTRICT of PORTLAND. 16 modern apart ments, beautifully finished and equipped with FRIG I DAI RE. This property is bringing in very good re turns on an investment of $67,500. Can be handled with a clear farm as part payment, i ! BEAUTIFUL NEW STUCCO APARTMENT HOUSE IN A VERY GOOD LOCATION IN PORT LAND. This two story building is very modern in every respect and has 25 rooms in li2, 'and 3 apart- . ments. These are as neat and well arranged as any apartments in the city and include AUTOMATIC ; STEAM HEAT, LOCKERS, LAUNDRY TRAYS and , composition drain, boards and bath room floors. This property is priced RIGHT at $40,000. Will take a clear trade, or trade and cash up to $29,000. Prefer a good clear farm EAST or WEST. L, . . ,.v We have several income properties in Seattle for trade for clear valley farms. j Puyallup, Washington N 7 room house and VA acres only 8 blocks from the heart of town. Will trade for a small VALLEY farm. For Any Kind of a Trade in Any Location f See '.j. . . :'. VICTClR SCHNEIDER 4 Realtor - " Loans Insurance 228 Oregon Building : Telephone 673 -v. Greatest Trading Organization ON THE PACIFIC COAST - - . " -j - . st ' - " . , ' ' ' : r " - c - " '", - " ,r We Tiave over 3000 properties listed' for exchange. Erory kind of property, every price," every location.. We can match your exchange EXACTLY. : If you would like to trader your property TODAY, come in TODAY. J New concrete garage on Roosevelt Highway. Stock and, equipment goes.; Gross receipts 1B00.00 per month. " Good- Income -property 'located ia Dallas, trade for farm suitable for mixed farming. . I . , ' ' Nice bnsiness corner. Income now $70.00 per month. Will trade for a clear Albany property to $6000.00. . '" Will exchange nice 6-room house, large lot in North Salem, for 4 few acres with 5 or 6 room house. , 6-room house close In. Only $1500.00,. $200.00 down, bal-; ance terms. , ; ' 5-room plastered house, 6 blocks from State,. $2000.00, $100.00 down, balance, $25.00 per month. This Is an excep tional good house for the money. t , 300-acre ranch, 250 in cultivation. Modern bunKalow and fine outbuildings. One of the best ranches in the Willamette . Valley. -" - . . . CO-acre ranch, 45 acres in cultivation. Good buildings. : Apple orchard at Hood River, the best apple district in Ore gon. Zl acres, good "buildings. ; Will trade for property in . Salem, Portland or California. , 2-story apartment house nearly all furnished, $50.00 In come per month and living quarters for only $4000.00, $500.00 will handle. Balance terms. -. Trade equity in 5-room new house In North Salem for 5' licres unimproved.; See GASIULL S EARLE, Realtor For Property ' 168 S. Liberty SU . lhone C343. IMMEDIATE POSSESSION FIVE NEW HOMES $500 to $1000 down The Balance : r EXACTLY like ren. Priced 4000 to $7500-Readjr to occupy Every one has furnace, fireplace, garage, water heater,f shades, linoleums, hardwood floors, walk system, 7r foot cement drive, lawn in etc., I double construction, Union made homes. I BECICE & HENDRICKS Realtor All Kinds of Insurance . 5 1S9 N. High Street Phone 161 . Come , tcTOregqm ,.: and locate in or near Salem We have choice farms, city property and investments. 200 acre grain farm east of Salem. You will like , this place vhen you see it. Price $125 per acre or will ..trade. ... , ' 40 acres fully stocked and equipped in good location. 2 horses, 12 cows and all farm implements. This is a snap at $5000 or will trade.: ' .. J room house investment and camp ground at-New-V port. Also 5 3-room cottages j 2--2-room cottages and 5 tent houses all at $.1000. Let us tell yoxj about this. Special A new, fully modern 4 room bungalow with nook. , ' A $4000 property at $3475; easy terms. ' IF YOU HAVE ANY TO EXCHANGE . TELL US ABOUT IT ' ... - . f ' -V- , ... .. ' ; S ' -; " Realtors 1 29 N,' Corn 1 St. . Phone 1 3 1