New - 21 hours on Rocket
$4,572 Closing Credit¹
#6677202, Listing Office: RE/MAX Results
$549,900 List price
5041 Russell Ave S Minneapolis, MN 55410
$6,530
Closing credit¹
3 beds
2 full
1,580 sqft
$348 / sqft
House
Property details
About 5041 Russell Ave S
Location, location, location!! This beautiful, well maintained Fulton retreat is just steps from the Bike & Hike trails of Lake Harriet and the Minnehaha Creek. Imagine yourself riding your bike or jogging the trails around Lake Harriet, Lake Calhoun and Lake of the Isles. Walk to and relax at Lake Harriet’s beautiful band shell events and take advantage of all the activities that the Lakes have to offer. This prime location is close to local favorites like; Nico's Tacos, Broders’ Pasta Bar, Ceres Coffee and Colita. With easy access to 50th & France, as well as quick highway and airport access, the location couldn’t be better. This stunning 3-bedroom, 2-bathroom home offers two finished living levels with the opportunity to add more space in the upper level. The upper level would be great for an office, kids play room, sitting area or build up for a couple more bedrooms and bath, the opportunities are endless. 5041 Russell is on one of the most desirable blocks in the Fulton neighborhood. You'll love the inviting front porch – the perfect spot to relax and enjoy the neighborhood’s quaint & quiet charm. The main level features stunning hardwood floors, beautiful built-ins, original woodwork and windows, a beautiful working wood burning brick fireplace, 2 bedrooms and full bath. The lower level has a charminging family room, nicely updated bathroom, bedroom with walk in closet and plenty of space for an office along with a completely finished laundry room and two storage closets. There is so much to love about this home. Don't miss your opportunity to see this gem!
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,580 sqft
BasementYes
Year built1924
ParkingDetached, Asphalt, Garage Door Opener
MLS #6674836
Garage1 space
FireplaceLiving Room, Wood Burning
Summary
- MLS Number: 6674836
- MLS Name: NORTHSTAR
- Office Name: LPT Realty, LLC
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$549,900
5041 Russell Ave S
$6,530
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $442,000 | $5,757 |
| 2022 | $402,000 | $5,282 |
| 2021 | $369,000 | $5,113 |
| 2020 | $335,000 | $4,486 |
| 2019 | $335,000 | $4,858 |
| 2018 | $310,000 | $4,816 |
| 2017 | $301,000 | $4,716 |
History based on county public records data.
Nearby schools
9
Burroughs Community School
Public District KG-5
0.5 mi
•1601 W 50th St
8
Armatage Elementary School
Public Magnet KG-5
0.7 mi
•2501 W 56th St
9
Kenny Community School
Public District KG-5
1.1 mi
•5720 Emerson Ave S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $109,191. Most Minneapolis, MN residents have annual incomes between $100k-200k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
12%
<35k
35%
35k-100k
37%
100k-200k
16%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
34%
Single, No Kids
6%
Single, with Kids
32%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
13%
18-34 yrs old
52%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Live Theatre
Music Concerts
Where do the neighbors shop?
Bloomingdales
H&M
Nordstrom Rack
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
Mercedes
Volkswagen
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5041 Russell Ave S
This home is located at 5041 Russell Ave S in Minneapolis, MN and zip code 55410 in the Fulton neighborhood. This 1,580 square foot home was built in 1924. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 23, 2025 and is currently priced at $549,900.
Minneapolis, MN housing market in January 2025 saw over 161 listings sold above listed price, more than 152 sold at listed price and over 309 sold below. The number of listings in Minneapolis, MN decreased by 0.1% between December and January 2025. In January 2025, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $350,000.
From Rocket Homes Real Estate and based on county public records data.