davidaulloa/AmericanStories huggingface dataset:
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19
: EDMUND G.. WALTON. ::


Interest in real estate is certainly grow
Ing and the future is bright. No one par
ticular part of the city seems to receive
more attention than others. Since the
first of the year / have sold twelve lots
at Linden Hills. three at Lake Calhoun,
four on Lowry Hill, seven in Walton 9
second at Bryn MaWr, one in Oak Trees
addition at Plymouth and Penn, one in
Walton's first, two in Won Kuster's addi-
tion at Queen avenue N and McNair bou-
levard, forty-one in Walton park, one in
Blaine's addition-an addition adjoining
the Blaine school-tWo< In Lincoln street
supplement to Northeast Minneapolis, and
two in st. Anthony park, thus showing
THAT every section of the city has its adj
mirers. I have mentioned only the lots
sold in additions I either own or control,
and in nearly everyEinstance theNlot was
bought with the intention of building.
With the rents increased from 20 to so
per cent and few houses to be had, I
look for more men this year than ever
before to take advantage Of the oppor-
tunities offered to own their own homes.
In the down town district hardly piece
of property that will show per cent
income on the investment is for sale,
where two years ago it was an easy mat
ter to find 10 per cent propositions. Bust
ness property has advanced, owing to
steadily increasing buying, and residence
property not only must but is already
commencing to do the same =. .. -
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19

| Dealers in Minneapolis real estate are
hooking forward to the best season since
the early COS. This is no idle prediction,
| realty is already moving.
| While the actual figures may not reach
the top heavy totals of the boom period,
the present signs point to a season which
IN many ways will exceed even the palmy
days when men bought lots before break
fast and sat up late at night to plat new
| additions. Those were days OF a feverish
demand and values vased upon things
which were to be. The demand came
| from those who wished to buy real estate
| to sell it again. This resulted in a fc-
titious basis for market which speedily
| became overstocked. Minneapolis was not
| alone in her experience along this line,
other cities, east and west, caught the
fever and cultivated booms.
In sharp contrast with the conditions
obtaining in the old boom days are those
Of the present. The demand of o-day is
natural. Buyers are buying for -immc-
date use and use is the basis of value
| Consequently present values are real and,
ues must advance according to the newt
able laws of trade. S I59' -
Everybody appears to have money.
There is no one class of property which
seems to be more in demand than any
other. The laboring man is buying and
building; the manufacturer is seeking
sites or picking UP long neglected plants
and restoring them to usefulness; mer-
| chants of all grades are seeking new or
larger quarters and in every transaction
there is larger proportion Of the good,
hard coin of the realm than was the
rule in the activity of a dozen years ago.
Minneapolis will get her share of the
people now focking to the northwest, for
| a well populated rural district means more
trade for the commercial center and more
trade means more money and more people
in the city. But, with all these almost
dazzling prospects the dealers in real
estate are fighting shy Of that sinister
word ''boom.' They have learned their
| lesson and after ten lean years are now
| the new basis. Instead of creating the
demand. they will simply supply the de-
mand created by natural conditions.
With the renewed demand for realty for
use there will inevitably come more or
less of an investment demand. It is doubt
full if the speculative demand will ever
again assume it's old-time proportions and
become the leading feature of the market,
but the investment demand is healthful
and proper. While present prices are
hardening perceptibly, they have not yet
| advanced proportionately with the de-
mand. Consequently real estate under the
conditions of to-day is good buy
There are 10 vacant houses in Mime
apolis, no vacant flats. The city has
grown about up to the limit of it's accom-
nodations. Two things must follow and
as they are already apparent the predic-
| tion is not theoretical. Rents will. ad-
vance until the supply of houses is in
creased 1t is fact noted by n anagers
| Of new apartment buildings thai their new
tenants are very largely either newcomers
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19
Lane & Conrad Co.
5l3 Phoenix Bldg.

fSOO-S-room house and good-size LOT
near 18th ay N and James. and The
Plymouth car line
T5OO will purchase a three-room house
nicely papered and painted inside. and
good deep lot. Storm sash and
screens. Near Girard av N. and NOT
far from oath. Owner compelled ITO
1 leave. -
$2iOO-A very neat house Of 8 rooms.
nicely papered and painted inside and
shed, barn. Lot 50x128, near Chica %
car line, inside 26th street. owner
desires to- realize soon !;
4425O, will purchase 9-room house with
porcelain bath and hardwood hoorsl
mantel and hardwood finish, gas. fur,
mace, two blocks from Lyndale ay s
car line and 27th st. Up to date.
PS5OO-A very excellent 1O-room house
city water, gas, piped for furnace,
part hardwood finish fine lawn and
\, shade, eighth ward, not far from alst
st. Can easily arrange for two fam
lilies if desired. $500 down will handle
INVEsTMENT-x58 500 VIII pay Is mar
cent net on purchase. Eighth ward.
Look this up. s54s s. ~
We have number Of very good invest
mente to offer
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19
z: w. Y. DENNIS, :~sr.":
president, Yale Realty Company !:

o.. .....O
1t is certainly more than encouraging,
it IS exhilarating, the way our real es-
tate market is opening up for the spring
trade. About thirty days ago we decided
to buy in about twenty-five or, thirty
moderately prices lots, intending to build
small modern houses on them to be sold
on our monthly payment plan. :. With this
object in view, We, submitted offers on
several different :. parcels Of lots at
prices in advance Of those of 1901. In
each case we received the same reply, that
the lots had already been sold at an ad-
vance over the figure we had offered.
Our only success in this way has been in
the purchase of a: block of lots at an ad-
vance Of 20 per cent over the price at
which they changed hands less than six
months ago, and still we have to make
no effort to retail these lots at an
other advance of an equal percentage. !
think this illustrates very clearly the
situation in medium residence lots. In
the matter of rentals the situation seems
to become more contracted each day from
the tenants point of view. Last season
we constructed thirty new apartments
and remodeled five old ones; these are
all rented, to desirable tenants and ap-
plicattons for as many more are on our
files. At least 80 per cent Of these are
new corners in our city.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19
/: S. 8. THORPE :
=: of Thorpe Bros.

. .
l am fully convinced that we shall see
activity in real estate this year. When in
towns like Worcester and Springfield,
Mass. and many cities Of $4,000 inha bit
ants, real estate is selling for more than
property in Minneapolis, city of 100000,
something is wrong. Village property is
selling at prices greater than in Mime
apolis, where we have. fine schools,
churches, improved streets, sewers,
water, paving, etc. 80 T. g IS
z Isdos not. expect to- see outside property
selling at any very large increase, but
any property available for Improvement,
property that can be used, will advance
in value. T expect to see good deal OF
building for Investment. There is a scar
city OF small houses and blocks. I am
glad to note that some Of =, our strong
financial local men are turning; their at
tention to real estate. With the large
growth of sthe ;countr back of us, with
our jobbers and Merchants all having a
prosperous trade. REAL estate il" bound to
be affected. and thoughtfu1 men and stu
dents of real estate, are bound to come
to this conclusion if, they study the situa-
ton from its different sides. I look to
see a good deal Of the property inside of
Franklin avenue sell this year. II our
state legislature will exempt mortgage
loans from taxes, it certainly will direct
a good deal Of money into real estate
loans and encourage building and real
estate, operations. 49,. .,.y... I'll. . .
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19

The activity In construction in the
Wholesale and manufacturing building
line has started an inquiry for track
age and ground in our wholesale bust
ness districts !. that is i unprecedented.
This is: especially noticeable in the dis
trict between Hennepin and the railways,
and from Fifth street to Second street
N, and il the vicinity of the old court
house, where the new railroad terminals
are booming things.
The fire insurance business is assuming
a very peculiar phase owing to the retire
ment of so many of the companies
(some of them old and tried) from the
field. Where at one time it was hard
work to obtain business, the difficulty at
present is to secure. facilities for placing
1t all. 49, - ..-
Yes, indeed, we are highly pleased and
gratified with the situation in general.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19
auL BueIller
. sn sssa 456 Temple Court.

Sc, 900 takes an elegant 10room house, almost
modern; good barn: large woodsned !;
fine large lot. elegant shade trees: walk
ing distance to business: rents for $50
per month; never vacant; in fact, the
best bargain on the East Side Don't
., = miss it.
apolis bargains in a nice Groom home:
fine cellar; best well water; good cistern;
5s large Woodshed;s all on afnice south and
east front corner lot, surrounded with
walks, sewer, city water; newly painted
and papered storm windows, doors and
s screens; rents s14 per month. Just
vested and always would make nice
home in case you should wish to live
there some day, as it is located in the
nice residence portion Of South Mime
apolis.
81, ESQ takes scven-room house, large wood
she'd, on a nice, large corner lot, Seven
81 tenth "a, ay inside Of Twenty-ffth st:
u school and close to Holy Rosary church
no doubt very cheap
1920 only for that elegant 12-room house,
fls full basement, city water, hardwood fin
51sh down stairs, nice .mantel and CRATE.
s electric bells, gas, good well, fine large
ssz barns all on a nice lot, fronting east on
Columbus ay, inside of 34th st, only one
block to Chicago av ear.
S2,590 takes good elSht-rcom house, all mod
ein except heat; good large barn, on a
Is nice large corner lot, fronting Clinton
y
=, 500 for tWo lots, facing south on Lake st;
sewer, city water, gas, stone walks; this,
%<s, no doubt is big bargain; only two
blocks to Lake Calhoun.
$1,000 takes good eight-room house; city
water, wet sink, good cellar, large cistern,
good Woodshed, fine shade trees, large
east-front lot, IS on 18th ay by 1870
deep to alley, inside of 2Sth st; this is
- almost new house and no doabt cheap.
$1,S5O-Here is an elegant corner. inside of
10th av and Oath st, with good seven
room house. cellar, city water, wet sink
up and down stairs, good cistern, stone
walks, fine shade trees, good web; all
In good repair; no doubt very cheap.
How much wall you give for one or two
east-front lots on Tuttle st Sc, near Como
av? City water, sewer and stone walks
$500 takes good sixroom house, on Cedar and
inside 25th st; large lot. big woodsheds
stone walks; improvements ali in street
and paid for.
$1,O0o-If taken this week, eight-room house;
city water IN house, good basement, car
rage sheds, on nice corner lot, in nice
residence location north. Don't miss it.
$l,600 takes good seven-room house, cellar,
city water, wet sink and gas large east
front lot, 43x12S to alley, between Portland
and Park avs this is an elegant location.
Can give easy terms -
$2,OV0-Do you want a new, warm built, sew
en-room house? All modern except heat,
on nice south-front lot in good location,
North, and easy walking distance to bust
ness; this, 10 doubt, is one of the great
est bargains Of the season.
$2,60O-Here is a good Southeast snap; fine
en-room house, all modern except heat,
good barn, large lot, 50x120, inside of
18th aV; sure to go quick; don't delay il
you want a sure snap. -.=.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19
Thompson Bros.
1O1 South Fourth Street.

HERE IS WHAT YOU HAVE BEEN
WAITING FOR-Two six-room houses
Z in good condition, east front lot,
64x12S, near Bryant ay N and Sixth av,
rented for s24 a month, $2Ss a year.
Owner sorely in need Of money. Prop
erty must be sold. PRICE $2175.
Get full particulars at our Office early
il tomorrow morning. ss.fssts
$25OO-A block of so lots. all perfect,
handsome lots on Pleasant and Pills
bury avenues. that will readily retail
for $3.50 each. What better do you
want for an Investment?
$1,000 Brand new. never occupied, 2
room cottage house. modern In every
way except heat, hardwood floors,
open plumbing porcelain bath tub.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19

beautifully decorated. AS complete a
little home as you have seen for a
long time. Location near Fremont
av N and 9th av.
$1675-One of the very handsomest
homes on the North Side. on Lyndale
av between 26th and 27th avs, 'front.'
ing the park. It stands back from
the street among the fine shade trees
and fronts east. City water, sewer
and stone sidewalks q
E2375-House of 16 rooms -four fats,
in frst-class repair, city water In each
fiat rented 1924 per annum and always
rented, no loss by vacancies Located
S near Franklin and 11th avs. This is
a fine income Investment Terms,
$1,175 cash. balance 6 per cent, long
saks time
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19

Make us an offer quick on No. s109 FIRE.
mont av N. House rooms with barn.
Lot east front. Street improved with
- curb and gutter and city water in the
house. Lot 50X125 feet. This is worth
your careful attention. .5=&
5000 for lots 6 and ., block Z, Swan S
I'd addition, located on Blaisdell ave
nue. between 47th and 4Sth streets.
Each lot 46x131 feet, east front. Take
look at them.
Make us an offer quick on lots % and "a,
block II, South Side addition, located
at the corner of 2Sth st and 18th av S.
= Each lot 49x157 feet. Must be sold to
} close out estate.
Make us an offer on 3O47 California st
NE. Eight rooms, on full sized lot.
: House in good condition Rent IS per
month. In a locality where houses
never fail to rent We want to sell
it. Must have an offer.
We advertise only few of our speci.
as good Call for our price list at tt
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19

8. 250-For that nice new 1o-room red pressed
prlck house; arranged for two families;
mas elegant nice large barn; lot 66x13s.
to alley; near 18th ay NE, on Grand ST;
no doubt big bargain.
81, iUo-Iwo good S-room houses, Emerson
aV n; just taken on $500 mortgage,
put mortgage says sell for s., 700. Here
is snap. Come and get it early
LOO for good Groom house, city water wet
sink, new furnace, hardwood doors in
kitchen and diningroom; coed barn,
storm windows, doors and screens, com
plete for whole house. This. dandy little
snap is located on nice east-front lot,
on the East Side. and easy walking dis
tance TO business. This no doubt will
please you.
$1,000, if taken this week. for nice 7-room
house, city water and good woodshed nice
lot between Aldrich and Bryant avs y;
walking distance; newly shingled, pa
pered and painted.
81 ,50o-IIere is good East Side snap; good
seven-room house and summer kitchen;
large lot, 40x130; good well and cistern
nice shade trees, city water, sewer and
stone walks; easy walking distance
81, 600 takes good up-to date fiNe-room cot
tage; large summer kitchen, good base
ment, cisteru, city water, bath, new no.
water heating plant, just put in last fall;
large woodshed, fine shade trees, stone
walks; all on a large lot fronting west on
9Th av S; only one block to Chicago ay
car. No doubt is big bargain.
81 ,Uo0-Just taken on 81, AGO mortgage, 7-room
house, in fact complete home: nice lot:
this dandy snap is located 3th st S,
inside OF 10th av; will give easy terms:
81 ,30G-Are you in it? Good S-room house,
city water, fine bathroom, hot and cold
water, hardwood finish downstairs, good
| hot water heating plant, never used more
than four tons of coal to heat entire
house; tine barn and carriage sheds, storm
windows, doors and screens, complete for
whole house: fine shade Trees all on a
nice lot facing east on Longfellow av:
very handy to street cars; a chance of
/ your life to get an elegant home for
song.
$500 each, five nice lots, facing Tuttle street
f.. Sc, between Como and Talmadge st,
city water, sewer, stone walks in and paid
for.
$409-Nice east-front lot, facing 10th av Sc,
| between Talmadge and Division st.
S450-Nice east-front lot facing east on 9Th
st, near 10TH Sc; lot 4lx157 to 14-foot
| alley; no doubt big bargain.
81, 500 for one acre, corner Main st and 9Th
av NE; you no doubt can take out from
|. $4,000 to $4,000 in good building; just
taken on $40, 900 mortgage.
$500 for nice east-front lot, facing Grand st
| NE, near 14th av: sewer. water, stone
walks in and paid for.
| $500 for the hest east-front lot 9th S,
| close to 9th ST..
Want an offer for nice lot facing east, on
| Cedar ay, between 33d and 34th SITS; water,
| : sewer and walk In and paid for: lot
| b0X1221a to 14-foot alley.
Want, an offer for 30x165, corner Dupont and
| Kenwood parkway. --s
| 81, 500 for 50x100. corner 18th st and Western
! av; good business corner.
h to buy, sell or exchange your
Sx1e or borrow rnOrev in Amounts
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19

Three story brick fiat building and
two-story frame dwelling adjoining, on a
lot 55x150 feet to alley. This property
now pays 10 per, cent gross. and with a
small outlay Twill guarantee over 20 per
cent gross or - per cent net. Look it up.
q A beautifully located house at 512 For
est av. Ten rooms, all modern, $4,000,
part cash. Your own time for the ball
ance at per cent interest.
2641 Garfield av S, lO2rooms, large
reception hall, bath, all hardwood fin
ish first floor, including hardwood
floors, three mantels on first floor.
Good barn. Full lot ....:....... $4,000
41s E Lake street. Corner lot,
641sx100 feet. A nice home for... $4,000
800 and 902 1lth av N. Lot 5Ox115 feet,
corner Ninth street. Double house, each
side contains six rooms, has city water
and sewer. $3.50. You don't have to
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19

pay all cash unless you want to. This is
a good piece of property for man of lin
tied means, as he can life in one half
and get enough rent from the other half
to pay interest on his investment.
Is Royalston av. What do you
2549 Harriet ay is an attractive
home of nine rooms. Hardwood fin
ish, south and west front, stands on
the corner, combination hot water and
hot-afr heat. Lot 45x9O, and it can
be bought for So. $4,000
421 to 439 It'll av S contains ten brick
tenements. Lot 65x160, on corner of
9th st and 18th av S. within one block
OF new Burlington terminals Rents
for $4,000 per year. Will sell for. ST., 500
130x160 feet, corner 9Th street and 5th
avenue S, $25, 900. Possibly an offer of
q little less might be accepted
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19
!: G. w. RATHRUN

Sales have been very satisfactory the
past year, I have had more inquiry from
those wishing to buy medium priced homes
since Jan.+1 than for several years during
the winter months. Medium priced, mod
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19
Nowls the Time to Buy for Use or as an In.
vestment, for All Classes Of Property
Are on the Move. q.

I to the city or young couples just starting
out to keep house. This means that more
building must be done to take care tof the
natural growth Of population aside from
new corners and -this condition is most
favorable to good real estate investment.
For the past two years Minneapolis real
estate dealers have been feeling the re-
turning activity. This year, they think,
will cap the climax and they are pre-
pared to take care of the business. Here
is what they say:
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19
Moore Bros. & Sawyer
31f Nicollet Ave-, Minneapolis, Mimi.
FOR SALE or LEASE.

150x135, corner Summit and Lyndale ave-
nues, fine location for fat building.
64x155, on Second street and Third ave S.
132x1oo on I'd St and 9Th ay S, milling: dis
trict.
64x110, on Nicollet av. between 9th and
10th sts-sixteen-foot alley on side.
&c feet on ID st and 9Th av S, trackage.
64X155, on I'd st and Sd av S.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19
u. 3. TABOUR.
REAL ESTATE, LOANS, INSURANCE
AND RENTALS. -
40 First Avenue South,


to-date house of seven or eight rooms,
hardwood finish and floors, s hardwood
panel work in hail. open plumbing, best
Of heating plant, stone walks, steps and
a decided bargain. -
se50-5ox155, q perfect lot with city water and
trees paid for, near Humboldt and 25th
st. Think of this fine location and this
extremely low price. ~
Sc, 000-50x135, with house of about ten
/ rooms, practically new, on Lowry Hill;
faces east; finest of plumbing; strictly
modern; hardwood finish and. floors; man
tel, sstdehoard, bookcases: decorations,
stone walks, steps and trees. :
$1,525-A new house Of eight rooms, besides
bathroom, which lis not fitted; finely
decorated, thoroughly we'll built, full
basement certainly a bargain; choice To-
cation in eighth ward. u =
s1,500-On Lowry Hill-.If you want the best.
look up this lot, which is certainly bar
ST. gain, and also a number of other sites
i which we have in the same section
$775-45x165, in the Blaisdell tract, inside Of
s 18th st, perfect lot with sewer, water.
+ stone walks, trees and gas Where can
you duplicate it?
1854 perfect lot on Emerson ay and 18th
aY N, and also lot near Lake Harriet:
the price Is about one-half what they are
5 worth. f>zS511 . = -
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19

public! If you wish buy, sell exchange
at Paul Beuler,
i 3
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19

Continued on Ninth Page.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19
Special Bar gains in Zeal Estate

$4,000 will buy No. 2S16 I'd av S. House.
10 rooms, arranged for two families.
Supplied with city water on each floor.
Lot east front. Small barn. Rented
afor SIS per month. A fine home for
the money. Call on us for further
particulars. ...
$12OOO-503 eth st S. Lot IS feet on 18th
st, by 165 feet on 9Th av, improved
g by 10-room house, renting for $50 per
month. House can be moved to rear
end of the lot to give room for better
Improvement on the front. Has excel
lent prospective value. This is worth
buying. r--
We will sell, cheap, No. 1929 and 1881 18th
av S, arranged for four families. Rents
$25 per month. West front House
supplied with city water upstairs and
down. Has a comfortable barn.
productive piece of property, and can
be had on easy terms.
bargains. We have many others equally
, Offica
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19

| 165x10S, corner End st and End av n.
| S6x1a7,. corner 1st st and End av ", track
age.
165x113, corner 7th st and LIST ay N.
7Ox130,> on .Nicollet av between 10Th and
18th sts.
405 fit on Hennepin av and $40 # on Oak
Grove st, opposite the Park-these beau
tiful residence lots have frontage from
Is it. to ITO # each.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-19

Yearly total 100000
$5,070.0O