WOODLAWN NEIGHBORHOOD 

Dekum Triangle | NE Dekum Street, between Seventh and 13th Avenues

Median Home Price
$249,950
Average Days on Market
65
Inventory Supply*
1.5 months

Mark Saldana has a nose for the “Next Big Thing.” One of the founding chefs at popular ¿Por Qué No? on N Mississippi Avenue before it was Hipster Central, Saldana and friends Ryan Wade and Jeffrey Ray dove into reviving the Dekum Street Market building at NE Eighth Avenue in 2006 as Good Neighbor Pizzeria, serving a menu of locally sourced doughy deliciousness. Joined shortly thereafter by Breakside Brewing, Woodlawn Coffee and Pastry, and the lauded Firehouse, the Dekum Triangle has begun to resemble its early-20th-century self. Back then a streetcar delivered Portlanders to a bustling neighborhood hub with its own theater, bakery, and general store adjacent to a Ladd’s Addition–like pattern of axial streets. Invigorated by the wide reach of the Interstate Urban Renewal Area, and first-time buyers who couldn’t afford other parts of the city at the height of the housing boom, Dekum quickly became a Northeast hot spot. But as the housing market waned, so did Dekum’s expansion, according to Jerry Johnson, principal at real estate consultancy firm Johnson Reid, as buyers could find more “investment grade” properties in blue-chip neighborhoods like Laurelhurst and Westmoreland. Now, as Johnson notes, market fundamentals seem to have shifted, which means Dekum looks to be on the rise again. 

Living Here

Where you shop: Classic Foods (on first Fridays) and Fred Meyer  

Morning buzz: Woodlawn Coffee and Pastry

Date night: Firehouse 

For the dogs: Woodlawn Park

Commute time**: 35 minutes on the no. 8 bus

Walkability score: 64

Schools: Woodlawn PK–8 | Jefferson

Coming soon: Still Life Spirits, 2013

 

* Inventory supply figures provided by Keller William's Nick Krautter, based on the previous six months of sales.

** All commute times listed are via mass transit to Pioneer Courthouse Square.