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Formerly Foreclosed Detroit Condo Lists for $269K

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Beamed ceilings, a parking space, and more included

If this one-bedroom, one-bathroom condo sells for what it's listed, it will have sold for more than it ever has before. The price: $269,000. In the 48201 ZIP code, this is a little over half of what you'd typically find. The median listing price for a home in the area is $429,900. The last time this listing was sold was in June 2009. It closed for $45,000. Two years earlier, the home was foreclosed.

The condo comes with exposed brick, beamed ceilings, and a washer and dryer. The listing also mentions that the unit comes with stainless steel appliances, 10-foot-high ceilings, and one assigned gated parking space. The monthly HOA dues total $292.

112 Watson Street #27 [Redfin]