4367 RUSSELL AVE N MINNEAPOLIS MN 55412

PID: 0502924110019

Property Overview

Parcel ID0502924110019

Lot Size5,124 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerJACK W TORNES

Assessed Value$154,900

Land Value$47,000

Building Value$107,900

Annual Tax$1,923

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Permit History

2 permits on record since 2023 · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

ExistresJan 2023Closed

East Central Mechanical Services LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Victory · Minneapolis

Median reported rent1,398/mo

Renter-occupied17.2%

Median home value$256K

Vacancy rate3.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 3

Market Snapshot

Zip code 55412

Median sale price$225K-2.2% YoY

Median price / sqft$172/sqft

Median days to close31 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55412

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Estimated · verify frontage

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width115 ft

Buildable depth0 ft

Area~4 sqft

Lot dimensions are insufficient for the standard setbacks shown.

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 4 sqft buildable area.

Est. units

Yield on cost

21.1%

Spread

+15.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4363 RUSSELL AVE N MINNEAPOLIS MN 55412	MARCUS BRANDT/KELSEY BRANDT	RESIDENTIAL	$287,900	40 ft
4359 RUSSELL AVE N MINNEAPOLIS MN 55412	BRIANNA MONTGOMERY	RESIDENTIAL	$225,400	80 ft
4400 RUSSELL AVE N MINNEAPOLIS MN 55412	FUE MOUA	RESIDENTIAL	$194,000	118 ft
4355 RUSSELL AVE N MINNEAPOLIS MN 55412	DAVID HOOPES	RESIDENTIAL	$243,000	120 ft
4366 SHERIDAN AVE N MINNEAPOLIS MN 55412	BENJAMIN P YOUNGSTROM	RESIDENTIAL	$362,000	142 ft
4362 SHERIDAN AVE N MINNEAPOLIS MN 55412	MARILYNN L BLAKE	RESIDENTIAL	$258,800	147 ft
4404 RUSSELL AVE N MINNEAPOLIS MN 55412	G & G PROPERTIES LLC	RESIDENTIAL	$237,400	155 ft
2321 44TH AVE N MINNEAPOLIS MN 55412	FAITH BAPTIST CHURCH	RESIDENTIAL	$0	157 ft
4351 RUSSELL AVE N MINNEAPOLIS MN 55412	GREG B MOSER	RESIDENTIAL	$265,700	160 ft
4358 SHERIDAN AVE N MINNEAPOLIS MN 55412	RAMON M VINCENT FELICIANO	RESIDENTIAL	$343,000	162 ft

Property History

Most Recent Sale

Date202209

Price$74,250

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,923