4601 RUSSELL AVE N MINNEAPOLIS MN 55412

PID: 1111821340082

Property Overview

Parcel ID1111821340082

Lot Size5,101 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1946

Property ClassRESIDENTIAL

OwnerAARON ASMUNDSON

Assessed Value$237,800

Land Value$47,000

Building Value$190,800

Annual Tax$3,299

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2025 · $12K total declared value · Most recent: Apr 2026 (misc)

MiscApr 2026Closed

$12K

NOKOMIS ROOFING CO

ResApr 2026Closed

Warners Stellian Co Inc

ResDec 2025Closed

Binz Plumbing LLC

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

Neighborhood Profile

Victory · Minneapolis

Median reported rent717/mo

Renter-occupied29.2%

Median home value$230K

Vacancy rate2.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1002

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 width114 ft

Buildable depth0 ft

Area~2,363 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 2,363 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
4607 RUSSELL AVE N MINNEAPOLIS MN 55412	L CAMPBELL & S CAMPBELL	RESIDENTIAL	$199,900	40 ft
4611 RUSSELL AVE N MINNEAPOLIS MN 55412	T W WARE SR & T J WARE	RESIDENTIAL	$215,500	81 ft
4555 RUSSELL AVE N MINNEAPOLIS MN 55412	GUADALUPE/JACQUELINE J LUNA	RESIDENTIAL	$175,800	101 ft
4615 RUSSELL AVE N MINNEAPOLIS MN 55412	REINVENTION R/E GROUP L L C	RESIDENTIAL	$238,200	121 ft
4600 SHERIDAN AVE N MINNEAPOLIS MN 55412	ROBERT R NESS	RESIDENTIAL	$189,100	140 ft
4551 RUSSELL AVE N MINNEAPOLIS MN 55412	CARLYN UNGER	RESIDENTIAL	$226,100	143 ft
4606 SHERIDAN AVE N MINNEAPOLIS MN 55412	ANTHONY TURNER SR	RESIDENTIAL	$268,300	145 ft
4619 RUSSELL AVE N MINNEAPOLIS MN 55412	JESSIE DRISCOLL ET AL	RESIDENTIAL	$237,700	161 ft
4610 SHERIDAN AVE N MINNEAPOLIS MN 55412	HANNAH M FIE & AARON M LEWIS	RESIDENTIAL	$187,000	161 ft
4554 SHERIDAN AVE N MINNEAPOLIS MN 55412	MARK CAMPBELL	RESIDENTIAL	$269,400	174 ft

Property History

Most Recent Sale

Date202603

Price$279,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,299