This Is What $60,000 Gets You in Minneapolis Right Now

Most people assume $60,000 doesn't buy anything in Minneapolis anymore. This listing is proof that assumption is out of date, at least for the right buyer in the right building.

At 2500 Blaisdell Ave, Unit 409, in the Whittier neighborhood, $60,000 gets you a one-bedroom, one bathroom condo on the fourth floor of a secure, elevator-access building. It's 571 square feet, which is a tight footprint on paper, but the location does a lot of the work here. You're a short walk from Eat Street's restaurant strip, MCAD, the Minneapolis Institute of Art, and the Midtown Greenway.

What You're Actually Buying

This isn't a home for someone who needs space to spread out. It's a home for someone who wants ownership without the burden of upkeep, and who wants to walk out the door into one of the more walkable pockets of the city.

The building includes secure entry, an elevator, and a fitness center. Laundry is coin-op rather than in-unit, which is worth knowing going in. Heat comes from baseboard hot water, and cooling is a wall unit rather than central air. These are the kinds of details that matter for day-to-day living, and they're worth walking through in person before you decide if this layout works for you.

Who This Makes Sense For

This property tends to make the most sense for someone who is done renting and ready to build equity, but doesn't need or want a large space to manage. It also works well for someone whose daily life already revolves around walking to dinner, a gallery, or the Greenway rather than driving to get there.

Financing at this price point comes with its own set of questions, including which lenders are comfortable working with a condo in this price range and building. That's a conversation worth having early, before you fall in love with a specific unit.

Worth a Look Before It's Gone

If the numbers here make sense for where you are right now, it's worth a conversation about financing and a walkthrough of the unit before it's off the market.

Here is a link to the pics and more details!