609 RUSSELL AVE S MINNEAPOLIS MN 55405

PID: 2902924140106

Property Overview

Parcel ID2902924140106

Lot Size6,405 sq ft (0.147 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1953

Property ClassRESIDENTIAL

OwnerMARCIA E GLICK

Assessed Value$592,700

Land Value$208,000

Building Value$384,700

Annual Tax$9,459

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2009 · $218K total declared value · Most recent: Aug 2025 (existres)

ExistresAug 2025Closed

Pronto Heating & Air Conditioning Inc

MiscOct 2024Closed

$10K

THE METAL ROOF COMPANY

ResJan 2024Closed

Water Heaters Now Inc

MiscSep 2023Closed

$12K

Precision Exteriors Restoration LLC

Building Re-inspectionDec 2009

$196K

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

Neighborhood Profile

Bryn - Mawr · Minneapolis

Median reported rent1,697/mo

Renter-occupied14.8%

Median home value$467K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1051

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

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 width40 ft

Buildable depth88 ft

Area~3,521 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 3,521 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
615 RUSSELL AVE S MINNEAPOLIS MN 55405	R E GILLBERT & T A GILLBERT	RESIDENTIAL	$463,000	50 ft
603 RUSSELL AVE S MINNEAPOLIS MN 55405	ERIK J LINDBERG	RESIDENTIAL-TWO UNIT	$479,300	60 ft
617 RUSSELL AVE S MINNEAPOLIS MN 55405	M S BELANGER/K L WEWETZER	RESIDENTIAL	$443,600	100 ft
2313 MOUNT VIEW AVE MINNEAPOLIS MN 55405	SAM H TURNER & DION L COKER	RESIDENTIAL	$646,300	130 ft
614 QUEEN AVE S MINNEAPOLIS MN 55405	CAPGROW HOLDINGS JV SUB VIII	RESIDENTIAL	$596,400	143 ft
620 QUEEN AVE S MINNEAPOLIS MN 55405	D D NEVERMAN & S J NEVERMAN	RESIDENTIAL	$520,000	148 ft
621 RUSSELL AVE S MINNEAPOLIS MN 55405	L D HALL JR & M GATEWOOD	RESIDENTIAL	$475,600	150 ft
600 RUSSELL AVE S MINNEAPOLIS MN 55405	KURT S MUELLER	RESIDENTIAL	$623,300	169 ft
624 QUEEN AVE S MINNEAPOLIS MN 55405	J L WEICHSEL & E F WEICHSEL	RESIDENTIAL	$482,800	173 ft
608 QUEEN AVE S MINNEAPOLIS MN 55405	J M LIND & D J TEDICK	RESIDENTIAL	$730,800	175 ft

Property History

Most Recent Sale

Date199001

Price$75,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$9,459