4501 RUSSELL AVE N MINNEAPOLIS MN 55412

PID: 1111821340124

Property Overview

Parcel ID1111821340124

Lot Size6,790 sq ft (0.156 ac)

Lot Dimensions (est.)116 ft wide × 58 ft deep

Year Built1945

Property ClassRESIDENTIAL

OwnerK TURNER & J GRAHEK

Assessed Value$255,100

Land Value$42,000

Building Value$213,100

Annual Tax$4,202

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $8K total declared value · Most recent: Feb 2026 (existres)

ExistresFeb 2026Closed

Blue Ox Heating and Air LLC

RemodelDec 2021Closed

$5K

WINDOW CONCEPTS OF MINNESOTA INC

ResDec 2021Closed

BWS Heating and Air Conditioning LLC

ResJun 2021Closed

Window Concepts of Minnesota Inc

MiscNov 2019Closed

$3K

NEW WINDOWS FOR AMERICA INC

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 width103 ft

Buildable depth18 ft

Area~3,215 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 3,215 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
4507 RUSSELL AVE N MINNEAPOLIS MN 55412	R L HAMILTON & M A HAMILTON	RESIDENTIAL	$295,200	69 ft
4511 RUSSELL AVE N MINNEAPOLIS MN 55412	ADRIENNE L KANE	RESIDENTIAL	$304,700	119 ft
2320 MEMORIAL PKWY MINNEAPOLIS MN 55412	KATEY L NGUYEN/TONY NGUYEN	RESIDENTIAL	$306,900	128 ft
4515 RUSSELL AVE N MINNEAPOLIS MN 55412	CORI SMITH	RESIDENTIAL	$269,100	164 ft
4514 RUSSELL AVE N MINNEAPOLIS MN 55412	BARBARA K YOUNG	RESIDENTIAL	$246,600	168 ft
2316 MEMORIAL PKWY MINNEAPOLIS MN 55412	ERIN M JOHNSON	RESIDENTIAL	$339,000	171 ft
2412 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	CAMERON J A CHRISTIAN ET AL	RESIDENTIAL	$215,000	173 ft
4518 RUSSELL AVE N MINNEAPOLIS MN 55412	JAMES R SWENSON	RESIDENTIAL	$264,400	184 ft
4520 OSSEO RD MINNEAPOLIS MN 55412	J BALISTRIERI & R CALVERT	RESIDENTIAL	$204,700	192 ft
4547 RUSSELL AVE N MINNEAPOLIS MN 55412	GLORIA PENALOZA	RESIDENTIAL	$188,500	205 ft

Property History

Most Recent Sale

Date201907

Price$220,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,202