2222 RUSSELL AVE N MINNEAPOLIS MN 55411

PID: 1702924140198

Property Overview

Parcel ID1702924140198

Lot Size5,443 sq ft (0.125 ac)

Lot Dimensions (est.)129 ft wide × 42 ft deep

Year Built1925

Property ClassRESIDENTIAL-TWO UNIT

OwnerHAWKEY R E INVESTMENTS LLC

Assessed Value$343,200

Land Value$16,000

Building Value$327,200

Annual Tax$6,488

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2024 · $9K total declared value · Most recent: Nov 2024 (misc)

MiscNov 2024Closed

$9K

HAWKEYE REAL ESTATE INVESTMENTS LLC

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 depth2 ft

Area~2,598 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 2,598 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2218 RUSSELL AVE N MINNEAPOLIS MN 55411	GP PROPERTIES LLC	LOW INCOME RENTAL	$256,600	43 ft
2214 RUSSELL AVE N MINNEAPOLIS MN 55411	TC HABITAT FOR HUMANITY INC	VACANT LAND-RESIDENTIAL	$0	86 ft
2300 RUSSELL AVE N MINNEAPOLIS MN 55411	A & T L STEPHEN	RESIDENTIAL	$255,200	103 ft
2210 RUSSELL AVE N MINNEAPOLIS MN 55411	BLACK WOMEN'S WLTH ALLIANCE	VACANT LAND-RESIDENTIAL	$16,000	129 ft
2223 QUEEN AVE N MINNEAPOLIS MN 55411	KEITH D MALMER	RESIDENTIAL	$169,700	141 ft
2306 RUSSELL AVE N MINNEAPOLIS MN 55411	LAUREN E LENZEN	RESIDENTIAL	$306,700	146 ft
2219 QUEEN AVE N MINNEAPOLIS MN 55411	D N DAVIS & K F MACKENZIE	RESIDENTIAL	$278,000	147 ft
2215 QUEEN AVE N MINNEAPOLIS MN 55411	BOBBIE & TERI EVANS	RESIDENTIAL	$175,700	165 ft
2206 RUSSELL AVE N MINNEAPOLIS MN 55411	TINA C LAURSEN	RESIDENTIAL	$187,000	171 ft
2301 QUEEN AVE N MINNEAPOLIS MN 55411	SUSAN JOHNSON	RESIDENTIAL	$307,000	174 ft

Property History

Most Recent Sale

Date201506

Price$115,100

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,488