5015 RUSSELL AVE S MINNEAPOLIS MN 55410

PID: 1702824410053

Property Overview

Parcel ID1702824410053

Lot Size5,072 sq ft (0.116 ac)

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

Year Built1909

Property ClassRESIDENTIAL

OwnerDONALD R STEVENS

Assessed Value$565,900

Land Value$298,000

Building Value$267,900

Annual Tax$8,958

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2024 · $19K total declared value · Most recent: Apr 2025 (res)

ResApr 2025Inspection

Dean's Professional Plumbing Inc

ExistresDec 2024Final Inspection

Blue Ox Heating and Air LLC

RemodelSep 2024Closed

$19K

SELA ROOFING AND REMODELING INC

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

Neighborhood Profile

Fulton · Minneapolis

Median reported rent1,771/mo

Renter-occupied10.4%

Median home value$551K

Vacancy rate5.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1113

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth87 ft

Area~2,604 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 2,604 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5017 RUSSELL AVE S MINNEAPOLIS MN 55410	FRED J MAYER JR	RESIDENTIAL	$445,300	40 ft
5009 RUSSELL AVE S MINNEAPOLIS MN 55410	CARA ANN HUMMER HOULE	RESIDENTIAL	$724,100	50 ft
5021 RUSSELL AVE S MINNEAPOLIS MN 55410	S S KALALE IYENGAR/A FRIDELL	RESIDENTIAL	$593,900	80 ft
5001 RUSSELL AVE S MINNEAPOLIS MN 55410	J M VICTORIA & A VICTORIA	RESIDENTIAL-TWO UNIT	$673,500	110 ft
5025 RUSSELL AVE S MINNEAPOLIS MN 55410	NARDI ROUTTEN	RESIDENTIAL	$592,700	120 ft
5012 QUEEN AVE S MINNEAPOLIS MN 55410	DEBORAH G FLETCHER	RESIDENTIAL	$638,500	141 ft
5008 QUEEN AVE S MINNEAPOLIS MN 55410	D A & V K PETERSON TRUSTEES	RESIDENTIAL	$698,800	146 ft
5016 QUEEN AVE S MINNEAPOLIS MN 55410	TIMOTHY M WOOSTER ET AL	RESIDENTIAL	$571,100	147 ft
5029 RUSSELL AVE S MINNEAPOLIS MN 55410	K S & K A MONTGOMERY	RESIDENTIAL	$548,400	160 ft
5004 QUEEN AVE S MINNEAPOLIS MN 55410	STEVEN T KEAN	VACANT LAND-RESIDENTIAL	$300,000	161 ft

Property History

Most Recent Sale

Date198309

Price$92,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,958