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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (March 18, 1928)
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THE OREGON STATESMAN, SALEM, OREGON, SUNDAY MORNING MARCH 18. 1928
I pl . Any -Sk j
j 1 Money in Salem Real Estate? Q
! ? :l ; ' ; I I SALEM REALTY I I
1 . i kijakij m
R ' - .
If you want to know whether there is money in Salem real
estate, compare down town and also residence values to
day and only three years ago. '
Compare values on suburban property now and three
years ago. Go to West Salem and compare values.
Will It Happen Again?
Located in the center of this great fertile valley, and with
its many industries, there is every reason to believe that
Salem real estate is one of the best of investments.
There is every reason to believe that within a few years,
there will be a back to the farm movement. Farm acre
age is now at its lowest price. If you do not believe this
now, you will in two or three years.
Three Suggestions as to How to
i Make Money in Real Estate
1. Buy when others aren't buying freely don't .wait for
. . (Remark) That would be hard to follow as Salem
. doesn't have any booms.
2. Know when to sell you never get poor taking a
(Remark) You don't do the community any good; by
getting hold of a piece of property and refusing to sell
to a man who would develop. -
3. Don't retain property indefinitely that is unimproved.
Better sell at a profit of some kind rather than to pay
taxes year after year and lose interest on your money
investment. Sell out or build and get an income from
An Association of Realtors"
Wm. McGlichriat, Jr., President
W.- M. Pennington, Treasurer
L. E. Oberer, Secretary '
Anderson Rupert, 169 So. High St.
A. C. Bohrnstedt, 147 N. Commercial St.
Becke & -Hendricks, 189 N. High St.
H. E. Brown, 109 S. Commercial St.
Leo N. Childs. 320 'State St.
Lei ace H. Ellis, 320 State St.
W. H.' Grabenhorst A. Co., 134 S. Liberty
Gasklil it Earl, 164 8. Liberty St.
Geo. W. Hubbs, Silrerton, Oregon
W. G. Kreuger, 147 N. Commercial St.
B. A. Miller, -2 OS Oregon Bldg.
Lee A. McAllister, 134 S Liberty St.
McGlichriat. & Pennington, 209 U. S.
Gertrude J. M.Page 492 N. Cottage St.
L. E. Oberer, 134 .S. Liberty St.
Winnie Pettyjohn, 175 S. High St.
Richard L. Reiman, tl9 N. High
Victor Schneider, 208 Oregon Bldg.
George Thomason, 320 State St.
S. R. Tandy, Jefferson, Oregon ,
Ulrich A, Roberts, .122 N. Commercial
OUR SIGN BOARD
Go east on State and turn at four corners, turn at next
corner and you'll be there 15 good acres, good house and
barn, and chickens and cows and pigs and hay and tools and
Henry. . The owner says sell. $8500.00.
Go down the Wallace road to Lincoln Stop, look. A beau
tiful farm house, modern, and an alfalfa farm, and what you
want and you can use a Salem residence.
Go out the River Road until you come to a place that will
pay for itself Hand the owner $1000 and pay the balance
with a crop Come in, we'll take you.
Start to Jefferson but don't go turn to a 6 acre tract with
modern house, all in fruit. Use our car and we will use your
McGILCHRlST & PENNINGTON
209-10 U. S. Bank Bldg. ' Phone 140
"FARM THAT CAN BE
34 acres 2 miles from city limits on pavement. Fine
location. Modern 8-room house with electricity, good
outbuildings, several large shade trees, creek runs
through place. Practically all in fruit, berries and
walnuts. Can be subdivided in several acre tracts with
large fir trees on each tract. Price $14,000. Will take
modern house, balance easy terms.
. 5 acres y4 mile off pavement on main graveled road,
WONDERFUL VIEW, new modern 6-room house
basement, water system, electric lights 2 acres 15
year old cherry trees, someJoganberries and walnuts.
Price $10,500. Will take modern house in town as part
11 acres 3 miles from Salem on road to be paved this
year. New house and barn, family orchard, extra fine
soil. , Price $4750. Easy terms.
ANDERSON & RUPERT
169 South High Street Salem, Oregon
Victor Schneider Chris Schneider
The Firm of Real Service -
1H If you are in the market for an ideal small dairy and
jijjij poultry farm close to Salem and well improved. Reas
onably priced and easy terms.
A Dream Farm Home
Is your Dream Farm Home one of beauty? A modern home
witn roses, many flowers; a home orchard of erery kind of
fruit, berries grapes and nuts; a fine barn. silo, poultry
Jw'ii "J! Vm.ber' ro"In lanU' a ,prin' brook the "old
swlmmln hole ; a payed road, beautiful pastoral Tlews and
close to Salem, the capital and Home City of Oregon? Is this
inYJZ ,farm he? If BO' 1 haTe for yu- Come
in nd let s talk It over. You will be surprised at the price.
A. C. BOHRNSTEDT
Realtor Lomm Imraranoe
147 North Com'l St. Salem, Oregon
Benefits of Home Ownership
Without some definite purpose In life a man or a woman
merely drifts through the years. The purchase of a homo
furnishes a definite purpose and is the first step toward fi
nancial success. It establishes credit and commands the re
spect of neighbors and associates. Buy your home now In
Salem, a fast growing city.
New Bungalow of 4 nice rooms, built ins, fireplace, wood
shed and garage for 12250.
New English type home on S. High St.. 5 rooms and nook,
hardwood floors, built ins, fireplace, good plumbing, full base
ment, furnace, garage, East front lot. Price only S3 900 with
at(1NJCTIFUL FAIRMOUNT HILL WHERE ALL HOMES
fKfc NEW a modern 5 room home and garage, choice corner
ir AnA WOrth 6600' 'or hort time price has been reduced to
95000, part terms.
To Buy Tour Home, See
Salem Highway Tracts
MEAXS GOOD FORTUNE
Some of the greatest fortunes
In this country have been made
bywise realty investments. You
can buy valuable property on
$100 Down and $30
will buy new 4 and 5
room houses with Vfe acre
Close in, with grocery
store and filling station
to trade for farm up to
$10,000. - This is a.mon-
ey making proposition
and is for sale only be
cause the owner is too old
MONEY TO LOAN INSURANCE
Rich L. Eleiraann
-21 9 North High St.
Modern poultry farm, good modern buildings and
good location, to sell or trade for Salem property to
Equipped dairy and stock farms to sell below value,
will take some city property as part and priced to
Farms for every purpose, all prices and sizes.
. An East front lot naar Parrish school below value and
on easy terms.
A good 6 room, new and modem home, clost in and
only $3,000. Easy terms. i
To buy, sell or trade see us, we want your business ;
and will earn it. -- -
VICTOR SCHNEIDER - Realtor
-' - Loans Insurance .
:.: - .Jv- . - ; .
r. . ' y j ' Residence Phone 732-J .
22S'Orr?ea Building ; Telepheae C7S
Portland for Salem Trades
5 room strictly modern new English house in N. Piedmont
District, $5000, owner now In Salem and will trade for Salem
4 rooms new and modern in Laurelhurst district, owner here
-now -and will trade for Salem property 15000.
7 room modern home In Hawthorne, 6 years old, (6000
wants to come to Salem.-
6 room Salem home, new and modern, completely furnished
east front, good district, lota of fruit and berries, large lot',
8 room garage house ijn addition that rents for f 15 a month,
trice for all $5400, wants Portland property about 13500,
These are a few of our listings. Locations are all desirable,
houses new or nearly so and change of residence makes reason
WHAT HAVE TOU TO OFFERT
WINNIE PETTYJOHN, Realtor
175 S. High Street Tel. 534
The PACIFIC COAST
We have over 3000 properties listed for exchange.
Every kind of property,, every price, every location.
We can match your exchange EXACTLY. If you
would like to trade your property TODAY, come in
5 room plastered house in fine shape with two good
lots for only 285Q.OO. $150.00 down, balance $35.00
6 room house and garage, full basement, large lot
50x165, close in on N. Cottage.
We have a good 5 room house and 2 lota on paved
street, will take car as first payment.,
60 acre ranch for rent. Stocked and equipped. 10
head of cows. No. 1 farm. Rents for $400.00 per year.
GASKILL & EARLE
, f REALTORS' s
166 South Liberty Street - - Phone 2242
4 acres, best of soil; good 4-room house. Price Including
horse and some farm Implements $1100.
1-acre tract, close In, near bus line; good 4-room house.. S2200
lIorr$M5o!0mX bM "ne: 4 r0m hU8e; in b8'
"prjcetSoir81 Salem: 5"rm hU8e' barD' cWcken nouse
15 acres East of Salem; good 5-room house. 8250.
W. G. KRUEGER
147 North Commercial Phone 217
SEVERAL PIECES OF
paying splendid dividends, trade for a house and
lot or acreage.
We insure your dwellings, your auto,
and your furniture
GERTRUDE J. M. PAGE
484 Court Street phone 18g2
SPRING IS HERE
BUY YOUR BUILDING LOT OR
SMALL ACREAGE NOW
M85iIfn 60Xl0' nurth front w,th aT9d 8tret, HO down
110 per month. The above priccludes pavement'
li!Jfi.lf"nWf11fa,ed ,10 d" Per month.
fi; 5ii0p;r,ronetdh.on Jeffer st-
High St ' paTemeBf PW- Seated on S.
mu-io't rorir7'oTiofT8tthpasTtera,ein; TiA- nrAhalf cah-
1500 Buys 2 lot- i f-il - 110 down 110 Ber month.
SKocSi in mhriio'down- paveme,u
o. et. 910 down $10 per month.
SMALL ACREAGES i
1700 K-cr. located er c" its oil rood ip.t.i ......
FOR BARGAINS IN REAL ESTATE, SEE US
W. E GRABENHORST & COMPANY Realtors
- Phone 515
Turn Over a New Leaf
Don't cguander your hard earned money
by Paying Rent
OWN YOUR OWN;HO;
This I the Time To Bnv
Drop in and Let'a .Talk It Orer , f.'
BEGKE & HENDRICKS
INSURANCE LOANSREAL 'ESTATE ;
189 No, Illgh - Telephone 161
INTEREST IN FARMS
100Tuh srofwif "n s,et f b.u-iidings- hrs
juii set of tools and machinery also included in
the price of $10,000. Will take town property.
""W.?? ranch, three miles from Sa-
' f3fhJ 0 land' in assorted berries, family
ome rriST' and chicken houses!
Sy Te' BeSt bargain c of ,at ?3,100:
1 "teS sakm' 4-w
for Salem property. PHce $5000. ' wmtrade