City of Lakes Community Land Trust

2750 Cedar Ave. S., Unit 302 - $87,500

This 1-BR, 1-BA condo is available through the CLCLT homeowners who occupy the unit for a price of $87,500 (market rate price of $177,000). Household must also qualify for full affordability assistance and Hennepin County funding – CLT price would increase to $104,850 if household doesn’t meet Hennepin County criteria – call CLCLT for more details.

610 East 22nd Street - $143,900

Contemporary Townhome with 4 Bedrooms, 1 Full Bath and 2 Half Baths located in South Minneapolis.  Attached single-stall garage, washer / dryer and  great balcony deck.  Unit has approximately 1,358 Square Feet.  The CLCLT price is $143,900 (market rate value of $175,000).  Available to households earning less than 80% MMI.

1522 Irving Ave. N. - $170,000

Priced at $170,000 (market rate values of $220,000), this single family home is currently under construction in the Near North Neighborhood of Minneapolis.  It is 2-story, 3 bedrooms, and 1.5 baths.   Home will built with fiber cement siding and spray foam insulation.  1512 Sq. Ft., 2 – car garage, air conditioning.  Homeowner able to expand to 5 BR, 2.5 Bath.  Finished Fall 2008.

3310 Nicollet Ave. S. - $99,800

Priced at $99,800 (market rate price of approx. $200,000 +) and now available to move in! 3310 Nicollet is located in the Lyndale neighborhood of South Minneapolis.  Close to transit, shopping, and Blaisdell YMCA. Each condo is a 2 bedroom, 1 bath and includes appliances, central air and secured garage.  Units 104 and 204 available through the CLCLT.  Developed by LNDC and PrimaLand.

1314 15th Ave. N. - $124,900

Priced at $124,900 (market rate value of $200,000) for household earning less than 80% MMI (household must also qualify for full affordability assistance and Hennepin County funding – CLT price would increase to $149,900 if household doesn’t meet Hennepin County criteria – call CLCLT for more details), this brand new 2-story single family home has 3 bedrooms, and 1.5 baths.   Home is built

2961 Aldrich Avenue North - $79,900

Priced at $79,900 (market rate value estimated at $110,000), this single family home is currently for sale in the Hawthorne neighborhood.  Home was built in 2004 and looks and feels brand new.  3 Bedrooms, 2.5 baths including master bath in master bedroom.  2 car garage, large unfinished basement, appliances, and air conditioning.  Located on corner lot.