Welcome to University Park
Rising above Portland, the homes on Alameda Ridge provides stunning vistas of the Willamette as it winds its way through downtown Portland. This tight-knit community offers walkable tree-lined streets, an assortment of nearby parks and schools, and local eateries and shops. Favorites among locals are the Alameda café and the Alameda Brewhouse.
Where is Alameda?
Alameda is a neighborhood in Northeast Portland, Oregon centered around the cross-streets of NE Fremont and 33rd Avenue. It’s bordered by the Concordia, Beaumont-Wilshire, Grant Park, Irvington, and Sabin neighborhoods. Alameda Neighborhood Association is part of the Northeast Coalition of Neighborhoods and is included in City of Portland's Office of Neighborhood Involvement.
Real Estate Year-in-Review for 97203
It was a strong year for home sales in the 97203 Zip Code. Based on data from Regional Multiple Listing Service (RMLS), there were 602 homes sold last year with an average sales price of $342,887. The average Combined Days On Market (CDOM) for 97203 in 2016 was 27 days. The Sold-Price Ratio was 102.42 percent, which denotes the percentage of difference between the original list price and the sale price. Buyers were represented by their own agent (separate from the listing agent) in 92.86% of the transactions listed in RMLS for this Zip Code.
Neighborhood attendance areas for the Alameda neighborhood include the following schools: Alameda Elementary (K-5), Beaumont Middle School and Grant High School. For more information on schools, bus schedules, attendance areas and a host of other useful information please visit Portland Public Schools. For ratings, visit GreatSchools.org.
According to public records, the Alameda neighborhood has a total of 23,733 total households in Alameda, with slightly more white collar workers (15,914) to blue collar workers (11,798). Most Alameda residents are college educated. 12,394 residents have a Bachelors Degree, while 9,716 have post-graduate degrees. Median income for those aged 45-64 is $73,162, while those over 65 show a median income of $50,105. Average household incomes in Alameda is $85,026. Average household net worth is $576,816.
Alameda is known for being family friendly and relaxed residential qualities. The tree-lined streets, the view from Alameda Ridge and older, architecturally significant homes make Alameda a great choice. This doesn’t mean you’ll have to travel far to shop or dine out. Fremont Street is home to all manner of popular diversions - including Grand Central Bakery, coffee shops, vintage and upscale clothing stores, fine dining as well as the Alameda Brew Pub.
You’ll find Wilshire Park just outside the neighborhood boundary on 33rd Street. A perfect place for dogs as Wilshire Park sports an off-leash area for your four-legged family member. Alameda receives the following grades from Walk Score: Walk Score: 62, Transit Score: 48, Bike Score: 74.
Getting Around Northeast Portland
No wonder homes in Northeast Portland are among Portland's hottest sellers on the market in recent memory. The neighborhoods that comprise ‘Central Northeast’ offer a wealth of distinguished homes, tree-lined streets, family-friendly activities and top-performing schools.
From Laurelhurst Neighborhood to Alameda and its Beaumont-Wilshire neighbors, houses displaying a flair for architectural details abound. Alameda Ridge provides magnificent views of the city and nearby Grant Park provides a stunning backyard playground for people of all ages. Forgetting Lloyd Center for a moment, there’s ample street shopping along Fremont as well as Broadway - whose success owes to the introduction of a streetcar that ferried people to their suburban homes from downtown in the early 1900s. Look closely and you can still see the vestiges of the tracks peaking up from beneath the asphalt.
If the Central Northeast neighborhoods around Hollywood and Alameda point to Portland’s tonier past, the neighborhoods of Albina, Boise, Eliot, Concordia and the increasingly popular Alberta Arts district - located in what is referred to as ‘Inner Northeast’ - reveal how Portland perceives its future. At the same time those streetcars were popping up, a significant African American population was discovering Portland, finding work in the many jobs available on the river and in the shipyards. A host of controversial - and now illegal - practices forced the African American community to take up residences in the Albina district where the Moda Center now resides. For a time, a lack of city funds to improve or even maintain the neighborhoods resulted in these neighborhoods adopting an impoverished and lackluster appeal.
But all that has changed. Gentrification has allowed the refurbishment of numerous homes that rival those in Laurelhurst and Beaumont. Businesses have popped up along streets where no previous reason to visit existed. The poster-child of progress is the Alberta Arts district - a melting pot of flavors, styles and attitudes culminating in a colorful blend of businesses, art studios and apartments. To see this on full-swing display visit the Alberta Arts Last Thursday event from May to September to find all 15 blocks of this area consumed by this community grown event featuring artists, vendors, musicians, performers and street food.
You’ll never have to travel out of NE to satisfy any of your nightlife cravings. Cheer on the Trailblazers or take in a mega-concert at the Moda Center. Relax in front of an indie flick at the Hollywood Theater. Reserve a spot at the Laurelhurst Market for your anniversary dinner, or pop in to Secret Society for an aperitif. Millennials might opt to stray across MLK Boulevard to avail themselves of the opportunities too numerous to mention on Mississippi - from the wealth of bands at Mississippi Studios, the down-market Crow Bar or the trendy Moloko night spot.
The past has been exceptionally beneficial to those neighborhoods in NE closer to the city’s center, and the future looks just as promising for the outlying neighborhoods. It is safe to say that some of the best deals in Portland’s real estate market are found in NE, fueling its increasing popularity. Northeast Portland offers a neighborhood for everyone - well-established families and those just starting out will find a place to call home. Young and single? There’s a place for you as well.