Cheaper by the dozen

[Chris F.]

or gross at this price:

http://money.cnn.com/2009/01/08/real_estate/thousand_dollar_homes/index.htm

Detroit for instance, Century 21 Villa owner Randy Eissa has a three-bedroom, one-bath bungalow of about 1,000 square feet listed at just $500. It's a charming little place with lots of light, but it needs a total rehabilitation inside, which Eissa estimates will cost between $15,000 and $20,000. But that's not bad, considering that the home last sold for $72,000 in late 2007, according to Zillow.com