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<p>Two new homes are advertised for luxury living in the Humboldt neighborhood of north Portland. With 4 bedrooms, 3 and 1-half baths, custom cabinets, granite counters and other amenities like accessory dwelling units with kitchens, the sellers are asking for more than $550,000 each. The construction was made possible by demolishing a modest 1908 single family home and dividing the property into two parcels.</p>

Two new homes are advertised for luxury living in the Humboldt neighborhood of north Portland. With 4 bedrooms, 3 and 1-half baths, custom cabinets, granite counters and other amenities like accessory dwelling units with kitchens, the sellers are asking for more than $550,000 each. The construction was made possible by demolishing a modest 1908 single family home and dividing the property into two parcels.

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Move Over for Luxury

Trend sees older housing stock leveled for higher-cost living

North and northeast Portland have experienced a number of changes in the past few years adding to the gentrification of local neighborhoods. It’s easy to see the increased density, the changing neighborhood demographics, and, perhaps most apparent for the average resident, rising housing costs.