626 RUSSELL AVE N MINNEAPOLIS MN 55411

PID: 2002924140141

Property Overview

Parcel ID2002924140141

Lot Size5,713 sq ft (0.131 ac)

Lot Dimensions (est.)143 ft wide × 40 ft deep

Year Built1981

Property ClassRESIDENTIAL

OwnerALEXANDER BARNES

Assessed Value$244,100

Land Value$24,000

Building Value$220,100

Annual Tax$3,779

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2021 · $15K total declared value · Most recent: May 2022 (existres)

ExistresMay 2022Closed

PMR Mechanical, Inc.

RemodelApr 2022Closed

$8K

J Five Construction, LLC

ResMar 2022Closed

Artistic Plumbing Inc

MiscFeb 2022Expired

$2K

HOME PRO AMERICA LLC

ResSep 2021Closed

Master Plumbing Services 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 rent1,203/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

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 depth103 ft

Area~3,084 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 3,084 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
622 RUSSELL AVE N MINNEAPOLIS MN 55411	RICARDO ANAYA & RANDI ANAYA	RESIDENTIAL	$246,600	40 ft
702 RUSSELL AVE N MINNEAPOLIS MN 55411	KAO DERCHER HER & ZER CHA	RESIDENTIAL	$204,900	40 ft
618 RUSSELL AVE N MINNEAPOLIS MN 55411	ALESHILIGN ALEMU AMSALEWORK	RESIDENTIAL	$321,000	80 ft
706 RUSSELL AVE N MINNEAPOLIS MN 55411	NICLOE HERNANDEZ	VACANT LAND-RESIDENTIAL	$20,000	80 ft
614 RUSSELL AVE N MINNEAPOLIS MN 55411	SANABEL LLC	RESIDENTIAL	$155,700	120 ft
710 RUSSELL AVE N MINNEAPOLIS MN 55411	LEOLA A PERKINS	RESIDENTIAL	$212,100	120 ft
627 QUEEN AVE N MINNEAPOLIS MN 55411	VICTORIA H YEPEZ	LOW INCOME RENTAL	$300,700	154 ft
701 QUEEN AVE N MINNEAPOLIS MN 55411	SHAREE STEVENS	LOW INCOME RENTAL	$251,600	159 ft
621 QUEEN AVE N MINNEAPOLIS MN 55411	ALONSO GUAMAN	RESIDENTIAL	$186,500	159 ft
714 RUSSELL AVE N MINNEAPOLIS MN 55411	NICK KOZAK & LUDA KOZAK	RESIDENTIAL	$200,800	160 ft

Property History

Most Recent Sale

Date201304

Price$92,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,779