248 Russell Ave
Minneapolis, MN 55405
3 bd 1 ba 1,820 sqft Built 1905 Lot 5,227 sqft single_family
Most recent sale
$467,000
Oct 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 7, 2022 | Sold | $467,000 | MLS #6237013 |
| Jul 26, 2022 | Price changed | $475,000 | MLS #6237013 |
| Jul 19, 2022 | Listed | $495,000 | MLS #6237013 |
| Oct 22, 2018 | Listing removed | $399,000 | NorthstarMLS |
| Oct 15, 2018 | Listing removed | $399,000 | GreaterLakes |
| Jun 27, 2018 | Sold | $389,000 | MLS #4951889 |
| May 11, 2018 | Listed | $389,000 | MLS #4951889 |
| May 11, 2018 | Listing removed | $399,000 | NorthstarMLS |
| Apr 30, 2018 | Listed | $399,000 | MLS #4945946 |
| Jun 18, 2010 | Sold | $286,000 | MLS #3905913 |
| Apr 5, 2010 | Listed | $293,000 | MLS #3905913 |
| Sep 6, 2007 | Sold | $294,500 | Public Record |
| Apr 18, 2002 | Sold | $225,000 | Public Record |
| Jun 9, 1999 | Sold | $140,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $279,000 | $179,000 | $458,000 | $5,954 |
| 2023 | $261,000 | $163,000 | $424,000 | $5,560 |
| 2020 | — | — | $362,245 | $5,125 |
| 2019 | — | — | $354,615 | $5,278 |
| 2018 | — | — | $354,615 | $4,925 |
| 2017 | — | — | $329,000 | $4,915 |
| 2016 | — | — | $320,280 | $4,938 |
| 2015 | — | — | $311,560 | $4,819 |
| 2014 | — | — | $289,760 | $4,620 |
| 2013 | — | — | $258,695 | $4,807 |
| 2012 | — | — | $267,960 | $4,678 |
| 2011 | — | — | $267,960 | $4,856 |
| 2010 | $185,900 | $100,600 | $286,500 | $4,264 |
| 2009 | $200,900 | $100,600 | $301,500 | $4,310 |
| 2008 | $200,900 | $100,600 | $301,500 | $4,094 |
| 2007 | $213,000 | $64,000 | $277,000 | $3,602 |
Property facts
Year built
1905
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,820 sqft
Lot size
5,227 sqft
ZIP code
55405
City
Minneapolis
Street
Russell Ave
Coordinates
44.97391, -93.31127
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,730
Gross rental yield
7.01%
Implied cap rate
4.56%
Trend-extrapolated value
—
Frequently asked questions
When did 248 Russell Ave last sell?
248 Russell Ave most recently sold on Oct 7, 2022 for $467,000.
What is the current tax assessment for 248 Russell Ave?
The most recent total assessment for 248 Russell Ave (year 2024) is $458,000 with $5,954 in property tax.
How does 248 Russell Ave's assessment compare to its last sale price?
The current assessment is 1.9% below the last sale price of $467,000.
When was 248 Russell Ave built?
248 Russell Ave was built in 1905.
How does 248 Russell Ave compare to others on Russell Ave?
We track 8 other properties on Russell Ave. Browse the list under "Other properties on Russell Ave" to compare beds, baths, and sale history.
What are the property facts for 248 Russell Ave?
248 Russell Ave is a 3 bed, 1 bath, 1,820 sqft, 5,227 sqft lot single_family.
Is 248 Russell Ave a flip candidate?
No — 248 Russell Ave does not appear in our flips dataset.
Is 248 Russell Ave a tax-appeal candidate?
No — 248 Russell Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.2%
Implied 1-yr
+4.9%
2026 Q3
$532.8K
2026 Q4
$538.8K
ZIP 55405 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Russell Ave