4259 RUSSELL AVE N MINNEAPOLIS MN 55412

PID: 0502924110232

Property Overview

Parcel ID0502924110232

Lot Size5,763 sq ft (0.132 ac)

Lot Dimensions (est.)128 ft wide × 45 ft deep

Year Built1931

Property ClassRESIDENTIAL

OwnerARLO ALLEN-IPASQUALE ET AL

Assessed Value$325,600

Land Value$50,000

Building Value$275,600

Annual Tax$4,755

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2021 · $17K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

MiscJun 2024Closed

$7K

Holmlund Masonry Inc

ExistresMar 2023Closed

Optimal Heating and Cooling LLC

ExistresJul 2022Closed

Optimal Heating and Cooling LLC

MiscAug 2021Closed

$10K

Haven Builders 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width35 ft

Buildable depth88 ft

Area~3,081 sqft

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

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 3,081 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4261 RUSSELL AVE N MINNEAPOLIS MN 55412	JEFFREY A BAKK/DIANE D BAKK	RESIDENTIAL	$414,100	45 ft
4255 RUSSELL AVE N MINNEAPOLIS MN 55412	GIOVANNI BARBARI	RESIDENTIAL	$349,000	45 ft
4251 RUSSELL AVE N MINNEAPOLIS MN 55412	NICOLE L OMEOGA	RESIDENTIAL	$386,300	90 ft
4247 RUSSELL AVE N MINNEAPOLIS MN 55412	CHANNON LEMON	RESIDENTIAL	$305,800	135 ft
4262 SHERIDAN AVE N MINNEAPOLIS MN 55412	SPENCER GROW & JAMIE GROW	RESIDENTIAL	$337,300	142 ft
4258 SHERIDAN AVE N MINNEAPOLIS MN 55412	H BERGDAHL / D BERGDAHL	RESIDENTIAL	$357,600	148 ft
4266 SHERIDAN AVE N MINNEAPOLIS MN 55412	J P KOSOWSKI & T E GONZALEZ	RESIDENTIAL	$383,000	148 ft
4301 RUSSELL AVE N MINNEAPOLIS MN 55412	THOMAS G SCHRAM	RESIDENTIAL	$283,000	148 ft
4254 SHERIDAN AVE N MINNEAPOLIS MN 55412	MLMJR PROPS & INVSTMNTS LLC	RESIDENTIAL	$224,800	165 ft
4243 RUSSELL AVE N MINNEAPOLIS MN 55412	A N BROCKMEIER ET AL REV TR	RESIDENTIAL	$317,500	180 ft

Property History

Most Recent Sale

Date202202

Price$275,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,755