My first thought was, it must be a typo — as in, they must have meant $690,000.
Even then, that would be a (stunningly) cheap price for a smashing, contemporary condo with 4 Bedrooms/5 Baths and over 5,600 finished square feet — all just up the street from the Walker and Loring Park on Minneapolis’ Kenwood Parkway (in fact, the property’s tax assessed value is $1.164 million).
The explanation?
The home is for rent, not sale; that’s the monthly lease amount.
The source of the confusion was the property’s inclusion on yesterday’s Broker Tour — still overwhelmingly focused on new, For Sale listings (vs. rentals).