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The most common multifamily development options arecondos, which are essentially apartments under a different name.
In other cities, apartments might be listed ascondos or co-ops, according to Realtor.com.
A co-op, on the other hand, means you are buying a share in a building.
That doesnt mean you cant find condos or apartments at less than $100,000.
All quotes are from the PropertyUnder50k.com report.
This is particularly true on the outskirts of town or in older developments.
Cincinnati, OH
Cincinnati has a low cost of living compared with other U.S. cities.
But if you stretch your search wide enough, you could still find affordable options.
There are a range of condo options in this area, especially in the suburbs and surrounding areas.
Moreover, the real estate market in Salt Lake City has been relatively stable.
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