2747 RUSSELL AVE N MINNEAPOLIS MN 55411

PID: 0802924440042

Property Overview

Parcel ID0802924440042

Lot Size5,131 sq ft (0.118 ac)

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

Year Built1913

Property ClassRESIDENTIAL

OwnerJANE M LAZOR

Assessed Value$32,000

Land Value$29,000

Building Value$3,000

Annual Tax$605

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

Potential programs

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Jordan · Minneapolis

Median reported rent1,191/mo

Renter-occupied51.1%

Median home value$173K

Vacancy rate6.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1013

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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~2,647 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 small multifamily (2–4 units, wood frame) benchmarks for 2,647 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2751 RUSSELL AVE N MINNEAPOLIS MN 55411	JANE M LAZOR	RESIDENTIAL	$217,100	40 ft
2743 RUSSELL AVE N MINNEAPOLIS MN 55411	DANA AGUILAR ALVARADO	RESIDENTIAL	$165,000	40 ft
2755 RUSSELL AVE N MINNEAPOLIS MN 55411	M WARD & K D GENEREUX	RESIDENTIAL	$278,300	80 ft
2739 RUSSELL AVE N MINNEAPOLIS MN 55411	JENNIFER KIMBLE	RESIDENTIAL	$267,700	80 ft
2759 RUSSELL AVE N MINNEAPOLIS MN 55411	COURTNEY HARRIS	RESIDENTIAL	$163,100	119 ft
2735 RUSSELL AVE N MINNEAPOLIS MN 55411	L A HAYES & B Y HAYES	RESIDENTIAL	$265,700	120 ft
2746 SHERIDAN AVE N MINNEAPOLIS MN 55411	JUSTIN RAYMOND OLSON	RESIDENTIAL	$159,900	142 ft
2742 SHERIDAN AVE N MINNEAPOLIS MN 55411	DAVI SINGER	RESIDENTIAL	$126,400	147 ft
2750 SHERIDAN AVE N MINNEAPOLIS MN 55411	K J MOORE & P R WALLING	RESIDENTIAL	$184,100	148 ft
2731 RUSSELL AVE N MINNEAPOLIS MN 55411	TRIO INVESTMENTS LLC	RESIDENTIAL	$170,300	160 ft

Property History

Most Recent Sale

Date201205

Price$37,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$605