4937 RUSSELL AVE S MINNEAPOLIS MN 55410

PID: 1702824140146

Property Overview

Parcel ID1702824140146

Lot Size5,098 sq ft (0.117 ac)

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

Year Built1923

Property ClassRESIDENTIAL

OwnerC R RUDOLPH & M A SCHLOSSER

Assessed Value$637,100

Land Value$339,000

Building Value$298,100

Annual Tax$10,305

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

12 permits on record since 2009 · $200K total declared value · Most recent: Apr 2025 (remodel)

RemodelApr 2025Closed

$10K

TREHUS BUILDERS INC

ExistresApr 2025Closed

4Front Energy Solutions Inc

ResApr 2025Cancelled

4Front Energy Solutions Inc

ResJul 2021Closed

CASTLE MASTER MECHANICAL

RemodelJul 2020Closed

$50K

TREHUS BUILDERS INC

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

Neighborhood Profile

Fulton · Minneapolis

Median reported rent1,625/mo

Renter-occupied17.4%

Median home value$721K

Vacancy rate0.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 106

Market Snapshot

Zip code 55410

Median sale price$626K+10.3% YoY

Median price / sqft$312/sqft

Median days to close30 days

Active listings56

Source: Redfin Data Center (Invalid Date) · Zip 55410

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 depth87 ft

Area~2,622 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 2,622 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4933 RUSSELL AVE S MINNEAPOLIS MN 55410	J M GRAFING & K GRAFING	RESIDENTIAL	$846,200	40 ft
4941 RUSSELL AVE S MINNEAPOLIS MN 55410	EMILY O'KEEFE/SOLOMON DELEON	RESIDENTIAL	$613,300	40 ft
4945 RUSSELL AVE S MINNEAPOLIS MN 55410	J & C J MURPHY	RESIDENTIAL	$611,500	80 ft
4929 RUSSELL AVE S MINNEAPOLIS MN 55410	J S MONTGOMERY & T M DANIELS	RESIDENTIAL	$667,500	85 ft
4949 RUSSELL AVE S MINNEAPOLIS MN 55410	SMITHHOLDEN 4949 LLC	RESIDENTIAL-TWO UNIT	$718,400	120 ft
4923 RUSSELL AVE S MINNEAPOLIS MN 55410	COLIN KEELER & CARA MORPHEW	RESIDENTIAL	$713,100	140 ft
4936 QUEEN AVE S MINNEAPOLIS MN 55410	S A OLSON & S A RAJALA-OLSON	RESIDENTIAL	$643,500	141 ft
4940 QUEEN AVE S MINNEAPOLIS MN 55410	D M FARLEY & EMILY R FARLEY	RESIDENTIAL	$851,300	147 ft
4932 QUEEN AVE S MINNEAPOLIS MN 55410	SCOTT T WILSON & L M HARGENS	RESIDENTIAL	$908,000	148 ft
4953 RUSSELL AVE S MINNEAPOLIS MN 55410	KEITH RUSSELL CLARK	RESIDENTIAL-TWO UNIT	$697,800	160 ft

Property History

Most Recent Sale

Date200706

Price$414,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,305