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Walmart offers the Dorel Twin Over Futon Bunk Bed in black for $179 with free shipping. That's $10 less than our mention in January (was wasn't available for shipping) and the lowest total price we could find. Sales tax is added where applicable. The bottom futon converts into a full-size sleeping area. The futon mattress is not included.
Dorel Home Products Silver Screen Twin/Futon Bunk Bed (5506096), a similar product, is available at these stores