1541 East 24th Street - $99,900*

This 3 bedroom, 1½ bath townhome with 1,590 square feet is located in the East Phillips neighborhood of South Minneapolis just blocks from the light rail transit line.

The townhome features a basement, open porch in the front and a rear balcony, and an eat-in kitchen, as well as hard wood floors and in-unit laundry. The home was completed in 2004 with high quality construction by PRG and has been well maintained.  See attached photos. 

*The actual fair market sales price of this home is $134,000. The City of Lakes Community Land Trust (CLCLT) affordability investment in this property is $30,503. This home is made available through the CLCLT to households earning less than 80% of Metro Median Income. Affordable home purchase is subject to both income and resale restrictions associated with the CLCLT. Prior to purchasing, interested homebuyers would need to: 1.) complete the CLCLT application; 2.) attend a CLCLT orientation; 3.) attend Homestretch homebuyer education session; and 4.) gain pre-approval from CLT eligible mortgage lender. Learn more at www.CLCLT.org or call 612-721-7556 x17.

The sales price is made possible through affordability investments provided by Minnesota Housing, the City of Minneapolis and Hennepin County.