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Sunday, November 7, 2010

$2,000 a Bedroom

Powderhorn Park Duplex for $18,000

Where: 30xx 11th Ave. South, in Minneapolis' Powderhorn Park neighborhood.
What: listed on MLS as a duplex with 8 Bedrooms and 4 Baths, "rehab needed."
How much: Listed for $19,000; sold for $18,000 (tax assessed value = $83,500).
When: listed 9/15; closed 10/21.

Clients asked me to look up how much this South Minneapolis duplex sold for.

You were right, guys: under $20,000 . . .

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