1255 RUSSELL AVE N MINNEAPOLIS MN 55411

PID: 2002924110041

Property Overview

Parcel ID2002924110041

Lot Size4,497 sq ft (0.103 ac)

Lot Dimensions (est.)128 ft wide × 35 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerNHAUYEN TRAN

Assessed Value$179,600

Land Value$19,000

Building Value$160,600

Annual Tax$2,612

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2022 · $8K total declared value · Most recent: Aug 2025 (res)

ResAug 2025Closed

Admiral Radon & Mechanical Services LLC

MiscApr 2024Closed

$8K

HOFFMAN WEBER CONSTRUCTION INC

ResMar 2022Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Willard - Hay · Minneapolis

Median reported rent1,203/mo

Renter-occupied33.4%

Median home value$254K

Vacancy rate1.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 32

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width113 ft

Buildable depth0 ft

Area~1,771 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 1,771 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1251 RUSSELL AVE N MINNEAPOLIS MN 55411	VIRGINIA M RICE	RESIDENTIAL	$173,000	38 ft
1247 RUSSELL AVE N MINNEAPOLIS MN 55411	ASHLEY S DUBOSE	RESIDENTIAL	$392,400	81 ft
1243 RUSSELL AVE N MINNEAPOLIS MN 55411	G A & M B CLARK	RESIDENTIAL	$289,100	131 ft
2419 PLYMOUTH AVE N MINNEAPOLIS MN 55411	MNA RENTALS I LLC	CONDOMINIUM	$71,500	143 ft
2419 PLYMOUTH AVE N MINNEAPOLIS MN 55411	MNA RENTALS I LLC	CONDOMINIUM	$83,600	143 ft
2419 PLYMOUTH AVE N MINNEAPOLIS MN 55411	MNA RENTALS I LLC	CONDOMINIUM	$102,300	143 ft
2419 PLYMOUTH AVE N MINNEAPOLIS MN 55411	MNA RENTALS I LLC	CONDOMINIUM	$102,300	143 ft
2419 PLYMOUTH AVE N MINNEAPOLIS MN 55411	MNA RENTALS I LLC	CONDOMINIUM	$103,400	143 ft
2419 PLYMOUTH AVE N MINNEAPOLIS MN 55411	MNA RENTALS I LLC	CONDOMINIUM	$103,400	143 ft
MN	Unknown	—	—	143 ft

Property History

Most Recent Sale

Date200711

Price$63,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,612