Hot Property (Really!)

Want a Deal? How about *82% off?

Where: 22xx Vincent Ave. North; Minneapolis
How much: $42,500
Key Stats: 4BR/2BA; 1,363 FSF
Last sale*: $240,000 (6/2006)
Tax assessed value: $165,000

No, it's not in Edina or Wayzata. And, yes, it's a foreclosure, with all the headaches that can be involved (including less than pristine condition).

However, this brick-and-stone rambler is just minutes from downtown Minneapolis, a block off stately Victory Memorial Drive just northeast of Theodore Wirth.

Apparently, the market agrees: another agent who has an offer in told me that he's competing with eight(!) other offers.