Historic Minneapolis Co-op Slashed to $60,000! Charming Two-Story Home Features Exposed Brick, Tall Ceilings and 2 Bedrooms
A historic Minneapolis residence is offering buyers a distinctive opportunity to own an affordable home filled with vintage character. Located at 1811 Elliot Avenue, Unit 8, Minneapolis, Minnesota 55404, this two-story cooperative residence is listed for $60,000 after a substantial price reduction. Built in 1891, the property combines historic architectural details with a practical layout, shared community amenities, and convenient access to destinations throughout the city.
The home features two bedrooms, one bathroom, and approximately 932 square feet of living space. Its two-story design separates the main living areas from the bedrooms upstairs, creating a layout that offers a degree of privacy between everyday activities and the sleeping areas. Tall ceilings, beautiful exposed brick walls, and large windows facing south and toward the courtyard give the interior a distinctive character that stands apart from many newer properties.
Recent improvements reported in the listing include new vinyl plank flooring, fresh paint, and updated light fixtures. These changes provide a refreshed starting point while allowing the historic features to remain an important part of the home’s appeal. The main floor includes the living room, kitchen, and dining area, while both bedrooms are located on the upper level.
The property is part of the historic Cityview Cooperative, a community offering shared facilities and outdoor space. Residents have access to a common room, a workshop, and free shared laundry. During warmer months, the gated courtyard provides a green space where residents can relax and enjoy the outdoors—an appealing feature for city dwellers who may not have a private yard.
Parking is available through on-street spaces, with additional off-street assigned parking reported to be available for rent. The co-op is also described as pet-friendly, welcoming both dogs and cats, subject to the community’s applicable policies. Public transportation and bicycle routes offer convenient ways to reach downtown Minneapolis, Uptown, and the University of Minnesota.
One of the most significant considerations for buyers is the cooperative’s monthly carrying cost. The current listing reports monthly dues of approximately $1,351, which include several expenses such as property taxes, the co-op’s master mortgage, heat, water, garbage collection, internet, basic cable, exterior maintenance, and other shared services. Volunteer participation may allow eligible residents to reduce their monthly dues by up to $150, according to the listing. Buyers should confirm the exact terms and requirements with the cooperative before proceeding.
At $60,000, the purchase price may initially appear attractive to first-time buyers or people looking for an alternative to renting. However, the monthly co-op dues are substantial and should be considered alongside financing, insurance, and other personal expenses. Cooperative ownership can also differ from conventional condominium ownership, so prospective buyers should understand the approval process, financing requirements, rules, and financial structure before making an offer.
Property highlights:
- Asking price: $60,000
- Address: 1811 Elliot Avenue, Unit 8, Minneapolis, MN 55404
- Bedrooms: 2
- Bathrooms: 1
- Living area: Approximately 932 square feet
- Year built: 1891
- Property type: Cooperative residence
- Layout: Two stories, with living areas downstairs and bedrooms upstairs
- Interior features: Exposed brick walls, tall ceilings, large windows, and updated flooring
- Recent updates: Paint and light fixtures
- Community amenities: Shared community room, workshop, free laundry, and gated courtyard
- Pets: Dogs and cats permitted, subject to co-op rules
- Parking: On-street parking and additional off-street spaces available to rent
- Reported monthly co-op dues: $1,351
For buyers drawn to historic architecture and city convenience, this property presents a distinctive opportunity to explore cooperative homeownership at a relatively low purchase price. The key is to evaluate the full financial picture, especially the monthly dues and the cooperative’s ownership requirements.
The listing currently reports a price of $60,000, but buyers should confirm availability, monthly charges, and all property details with the listing agent or cooperative management before making a decision.
Floor plan
Listed on Zillow