It is an absolutely wonderful area for investment. You have a variety of housing choices, which will be one of your considerations. A significant number of homes in the area were built in the 1970's and were publicly subsidized. You can still purchase a home like this in the low 100's and renovate. Interspersed amongst these homes are more traditional early 1900's bungalows, cottages, and transitional Victorians. For a more hearty renovation project, you can still find these occasionally that make sense.
Values will differ greatly from street to street. The closer you get to the Music Row area, the pricier the home will be. You really need to get a feel for the aesthetics of the street and the home you are looking at.
Wade is not zoned for Eakin. The following address should give you a cluster map for the school zone.
http://www.mnps.org/Page2008.aspx - Mon Apr 14 2008, 07:19