5001 RUSSELL AVE N MINNEAPOLIS MN 55430

PID: 1111821240006

Property Overview

Parcel ID1111821240006

Lot Size6,388 sq ft (0.147 ac)

Lot Dimensions (est.)127 ft wide × 50 ft deep

Year Built1939

Property ClassRESIDENTIAL

OwnerMICHAEL R BARR

Assessed Value$158,600

Land Value$49,000

Building Value$109,600

Annual Tax$1,984

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2020 · $16K total declared value · Most recent: Nov 2024 (existres)

ExistresNov 2024Inspection

Standard Heating and Air Conditioning Inc

MiscFeb 2023Closed

$12K

Apple Exteriors

MiscAug 2022Closed

$4K

Apple Exteriors

ExistresJul 2020Closed

Midland HVAC LLC

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

Neighborhood Profile

Shingle Creek · Minneapolis

Median reported rent1,265/mo

Renter-occupied13.6%

Median home value$214K

Vacancy rate8.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1.01

Market Snapshot

Zip code 55430

Median sale price$285K+3.3% YoY

Median price / sqft$175/sqft

Median days to close36 days

Active listings37

Source: Redfin Data Center (Invalid Date) · Zip 55430

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 width114 ft

Buildable depth10 ft

Area~3,243 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 3,243 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5007 RUSSELL AVE N MINNEAPOLIS MN 55430	MICHELLE A ROBLEDO	RESIDENTIAL	$210,700	50 ft
5011 RUSSELL AVE N MINNEAPOLIS MN 55430	KIMBERLY HIGGS	RESIDENTIAL	$193,600	101 ft
2536 50TH AVE N MINNEAPOLIS MN 55430	CITY OF MINNEAPOLIS	LAND-COMMERCIAL	$0	105 ft
4947 RUSSELL AVE N MINNEAPOLIS MN 55430	ANNE MARIE GARCIA	RESIDENTIAL	$287,300	111 ft
5000 SHERIDAN AVE N MINNEAPOLIS MN 55430	PETER J & KARIN LYDECKER	RESIDENTIAL	$252,000	140 ft
5006 SHERIDAN AVE N MINNEAPOLIS MN 55430	B GORDON & K SWINNEY	RESIDENTIAL	$256,500	150 ft
5015 RUSSELL AVE N MINNEAPOLIS MN 55430	KATIE BANASZAK	RESIDENTIAL	$218,500	151 ft
2336 50TH AVE N MINNEAPOLIS MN 55430	CITY OF MINNEAPOLIS	LAND-COMMERCIAL	$0	156 ft
4943 RUSSELL AVE N MINNEAPOLIS MN 55430	CAMILLE FINN-REESE	RESIDENTIAL	$272,600	162 ft
5010 SHERIDAN AVE N MINNEAPOLIS MN 55430	D VARENAS & N RANDT	RESIDENTIAL	$267,700	174 ft

Property History

Most Recent Sale

Date200206

Price$95,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,984