2300 RUSSELL AVE N MINNEAPOLIS MN 55411

PID: 1702924110205

Property Overview

Parcel ID1702924110205

Lot Size5,578 sq ft (0.128 ac)

Lot Dimensions (est.)129 ft wide × 43 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerA & T L STEPHEN

Assessed Value$255,200

Land Value$16,000

Building Value$239,200

Annual Tax$3,603

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2017 · Most recent: Aug 2024 (existres)

ExistresAug 2024Closed

Modern Home Services LLC

ExistresJul 2017Closed

Ray N Welter Heating Co

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

Neighborhood Profile

Willard - Hay · Minneapolis

Median reported rent1,168/mo

Renter-occupied38.0%

Median home value$240K

Vacancy rate9.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1020

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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 width116 ft

Buildable depth3 ft

Area~2,692 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 2,692 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2306 RUSSELL AVE N MINNEAPOLIS MN 55411	LAUREN E LENZEN	RESIDENTIAL	$306,700	43 ft
2305 MCNAIR AVE MINNEAPOLIS MN 55411	AIDA MELANIA CAMAS BERMEO	RESIDENTIAL	$185,000	94 ft
2222 RUSSELL AVE N MINNEAPOLIS MN 55411	HAWKEY R E INVESTMENTS LLC	RESIDENTIAL-TWO UNIT	$343,200	103 ft
2301 QUEEN AVE N MINNEAPOLIS MN 55411	SUSAN JOHNSON	RESIDENTIAL	$307,000	141 ft
2218 RUSSELL AVE N MINNEAPOLIS MN 55411	GP PROPERTIES LLC	LOW INCOME RENTAL	$256,600	145 ft
2307 QUEEN AVE N MINNEAPOLIS MN 55411	MONICA VELAZQUEZ ACEVEDO	RESIDENTIAL	$218,000	147 ft
2300 RUSSELL AVE N MINNEAPOLIS MN 55411	CITY OF MINNEAPOLIS PK BOARD	LAND-COMMERCIAL	$0	147 ft
2309 QUEEN AVE N MINNEAPOLIS MN 55411	JAMES SWARTWOOD	RESIDENTIAL-TWO UNIT	$248,700	165 ft
2223 QUEEN AVE N MINNEAPOLIS MN 55411	KEITH D MALMER	RESIDENTIAL	$169,700	175 ft
2214 RUSSELL AVE N MINNEAPOLIS MN 55411	TC HABITAT FOR HUMANITY INC	VACANT LAND-RESIDENTIAL	$0	188 ft

Property History

Current Tax Year

Year2026

Tax Due$3,603