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3623 Russell Ave N, Minneapolis, MN, 55412

2beds
1baths
728sqft
$180,000
$247price/sqft
$1,447/moest. monthly cost
$57,880/yrincome needed

About This Home

VA-eligible veterans — assume a 3.25% VA mortgage and save money every month vs. today's rates. Veteran buyers with VA entitlement substitution restore seller's VA benefit at closing. Major updates completed within the last five years include new siding, furnace, water heater, microwave, dishwasher, stove, and dryer, providing peace of mind for years to come. Beautiful hardwood floors have been well maintained, and the kitchen features recently updated cabinetry. Outside, enjoy a fully fenced backyard perfect for pets, play, or relaxing outdoors. A fantastic opportunity to own an updated home at an exceptional value. Schedule your showing today!

Getting Around

46
WalkingCar-Dependent
42
TransitSome Transit
55
BikeBikeable

Schools

1/10
Olson Middle SchoolGrades 6-81.8 mi
3/10
Henry Senior High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1925

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Basement

  • Has basement: Yes
  • Basement: Daylight,Full,Unfinished

Bedroom

  • Level: Main
  • Area: 120
  • Dimensions: 10x12

Bedroom2

  • Level: Main
  • Area: 90
  • Dimensions: 10x9

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 728

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,456
  • Total interior livable area: 728 sqft

Kitchen

  • Level: Main
  • Area: 108
  • Dimensions: 9x12

Living Room

  • Level: Main
  • Area: 204
  • Dimensions: 12x17

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0502924440071
  • Zoning description: Residential-Single Family
  • Foundation area: 728

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 5,662 sqft
  • Lot size dimensions: 42 x 128

Parking

  • Total spaces: 1
  • Parking features: Detached Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Tornado

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $910$10,920
Home Insurance *$169$2,028
Property Taxes $198$2,376
Electricity $170$2,050
Total$1,447$17,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$49,611/yr
40% on housing$43,410/yr
45% on housing$38,586/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$247This listing

vs Other Active Listings

Avg $/sqft

ZIP 55412$104
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55412$179
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-06Listed for sale$180,000
2026-06-12Listing removed$180,000
2026-05-14Listed for sale$180,000
2021-11-05Sold$175,000
2021-09-28Pending sale$175,000
2021-09-21Listing removed--
2021-09-17Listed for sale$175,000
2008-05-15Listing removed$129,000
2008-03-10Price change$129,000
2008-02-22Listed for sale$137,500
2000-08-17Sold$73,950

For Sale by Agent

AgentMelissa Merseth
BrokerageKeller Williams Preferred Rlty

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