3338 RUSSELL AVE N MINNEAPOLIS MN 55412

PID: 0802924140115

Property Overview

Parcel ID0802924140115

Lot Size5,139 sq ft (0.118 ac)

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

Year Built1924

Property ClassRESIDENTIAL

OwnerJESSICA DRIVER

Assessed Value$152,000

Land Value$31,000

Building Value$121,000

Annual Tax$1,874

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Cleveland · Minneapolis

Median reported rent2,095/mo

Renter-occupied19.2%

Median home value$227K

Vacancy rate4.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1007

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 width30 ft

Buildable depth88 ft

Area~2,653 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 2,653 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3342 RUSSELL AVE N MINNEAPOLIS MN 55412	ERIN LENKA HORVATH	RESIDENTIAL	$211,800	40 ft
3334 RUSSELL AVE N MINNEAPOLIS MN 55412	RODNEY D MASSEY	RESIDENTIAL	$202,000	40 ft
3346 RUSSELL AVE N MINNEAPOLIS MN 55412	C L FRANCIS & M C FRANCIS	RESIDENTIAL	$133,000	80 ft
3330 RUSSELL AVE N MINNEAPOLIS MN 55412	JARED RICHNER	RESIDENTIAL	$212,000	80 ft
3350 RUSSELL AVE N MINNEAPOLIS MN 55412	MADISON AVE HOMES LLC	LOW INCOME RENTAL	$182,000	120 ft
3326 RUSSELL AVE N MINNEAPOLIS MN 55412	CHATIA FINCH	RESIDENTIAL	$183,000	120 ft
3354 RUSSELL AVE N MINNEAPOLIS MN 55412	CATHERINE XIONG	RESIDENTIAL	$153,000	158 ft
3322 RUSSELL AVE N MINNEAPOLIS MN 55412	RALPH J HUSMAN	RESIDENTIAL	$169,000	160 ft
3301 QUEEN AVE N MINNEAPOLIS MN 55412	SPECIAL SCHOOL DISTRICT NO 1	LAND-COMMERCIAL	$0	182 ft
3339 RUSSELL AVE N MINNEAPOLIS MN 55412	MICHAEL BRAUN	RESIDENTIAL	$234,000	188 ft

Property History

Most Recent Sale

Date201711

Price$122,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,874