4001 RUSSELL AVE N MINNEAPOLIS MN 55412

PID: 0502924140159

Property Overview

Parcel ID0502924140159

Lot Size5,113 sq ft (0.117 ac)

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

Year Built1951

Property ClassRESIDENTIAL

OwnerEDUARDO A REGALADO

Assessed Value$262,000

Land Value$47,000

Building Value$215,000

Annual Tax$3,699

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2022 · $25K total declared value · Most recent: Nov 2022 (misc)

MiscNov 2022Closed

$7K

Minnesota Rusco Inc

ResJul 2022Closed

Warners Stellian Co Inc

ResApr 2022Closed

Majestic Plumbing Inc

RemodelFeb 2022Closed

$18K

Abel's Concrete and Construction

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

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~2,371 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,371 sqft buildable area.

Est. units

Yield on cost

1.7%

Spread

-3.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4007 RUSSELL AVE N MINNEAPOLIS MN 55412	A A KROHN & R T DEUTSCH	RESIDENTIAL	$338,000	40 ft
4011 RUSSELL AVE N MINNEAPOLIS MN 55412	ELIZABETH PACUNAS/CRAIG RICE	RESIDENTIAL	$269,600	80 ft
4015 RUSSELL AVE N MINNEAPOLIS MN 55412	CARLY D BESEMAN	RESIDENTIAL	$245,200	120 ft
3955 RUSSELL AVE N MINNEAPOLIS MN 55412	R W MARTIN & A J MARTIN	RESIDENTIAL	$363,000	123 ft
4000 SHERIDAN AVE N MINNEAPOLIS MN 55412	ANNICK MULLER	RESIDENTIAL	$127,800	141 ft
4006 SHERIDAN AVE N MINNEAPOLIS MN 55412	RICHARD SCHULZE	RESIDENTIAL	$165,800	148 ft
4019 RUSSELL AVE N MINNEAPOLIS MN 55412	POLLY BABCOCK COUILLARD	RESIDENTIAL	$199,600	160 ft
4010 SHERIDAN AVE N MINNEAPOLIS MN 55412	MARTIN ADAMS SHANNON MATHEWS	RESIDENTIAL	$253,600	164 ft
3958 SHERIDAN AVE N MINNEAPOLIS MN 55412	J J BENECKE & R B BENECKE	RESIDENTIAL	$237,100	173 ft
3951 RUSSELL AVE N MINNEAPOLIS MN 55412	DONNA M SELINE	RESIDENTIAL	$183,200	180 ft

Property History

Most Recent Sale

Date201506

Price$126,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,699