PORTLAND, Ore. (KOIN) — After years of being lumped into an area with negative labels, the Lents neighborhood is finally getting some positive recognition.
A new article calls it one of the “next big neighborhoods in America”.
The Thrillist piece covers what it considers “12 Neighborhoods Across America That Are About to Blow Up” and says the search for more affordable housing is what’s driving up the stock in Lents.
“I think it’s exciting,” Lents Neighborhood Association President Jesse Cornett said. “We’ve been working toward this for a long time.”
Thrillist reached out to trendsetters, developers and real estate professionals who pinpointed specific neighborhoods that are “affordable now, but poised to blow up”.
“When I heard it, it blew my mind,” realtor Neil Robbins said. “I was like, ‘OK, good news.’ I’m selling a house in Lents.”
The house Robbins is selling shows the improving, yet affordable desirability of the area. It’s a 1,000-square foot 3-bedroom ranch that sold for $85,000 4 years ago.
Six months later, it was fixed up and sold for almost twice as much.
It’s now listed for almost $230,000.
According to the Thrillist article, as Portland’s “hip” head east in search of affordable housing, so go the bars.
But Cornett says the Lents neighborhood is finally coming together largely because of help from resources like the Portland Development Commission.
PDC owns the building that’s home to Zoiglhaus Brewing Company that opened in Lents just a few months ago.
“It’s uncommon to come into this place, Zoiglhaus, without holding the door at 5 or 6 p.m. for a young mom carrying a kid or 2,” Cornett said. “So it’s a transformation that we’re seeing in front of our eyes.”
The article also mentions other draws like the Mercado and Foster Burger that are actually not in the Lents neighborhood.