Fully reimagined, this stylish Fulton retreat offers a rare blend of high-end updates and soulful, curated interiors. Just blocks from Lake Harriet, the home features professional design with custom wallpapers and designer lighting throughout. Beyond turnkey ready, the property is polished for a move-in ready experience - furnishings negotiable. A climate-controlled flex space serves as a game room, office, or 4th bedroom. Significant home upgrades include a new roof, water heater, and 200-amp electrical with EV charging. The private, fenced yard is an urban oasis with a new saltwater Hot Tub, custom gazebo, and all-new concrete patio. A true SW Minneapolis gem, polished and ready for its next chapter. Walk-up attic off primary bedroom could be an exciting area to expand into whatever you can dream up.
Closed
$740,000
5040 Russell Ave S, Minneapolis, MN 55410
3beds
2,144sqft
Single Family
Built in 1923
5,227 Square Feet Lot
$736,300 Zestimate®
$345/sqft
$3,472 Estimated rent
Home value
$736,300
$699,000 - $773,000
$3,472/mo
Zestimate® history
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$4,694/mo
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Est. payment
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List your homeWhat's special
Private fenced yardNew saltwater hot tubCustom gazeboDesigner lighting throughoutClimate-controlled flex spaceNew roof
Zillow last checked:
Listing updated:
Listed by:
Alison Heathcote 612-305-8199,
Fox Realty
Bought with:
Randi Dahl
Keller Williams Premier Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7030065
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Lower
Bathroom
- Level: Upper
Bathroom
- Level: Lower
Dining room
- Level: Main
Family room
- Level: Lower
Kitchen
- Level: Main
Laundry
- Level: Lower
Living room
- Level: Main
Other
- Level: Main
Heating
- Ductless Mini-Split, Forced Air
Cooling
- Central Air, Ductless Mini-Split
Appliances
- Included: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s)
- Laundry: Laundry Room
Features
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 2,144
- Total interior livable area: 2,144 sqft
- Finished area above ground: 1,364
- Finished area below ground: 773
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Attached, Concrete, Garage Door Opener, Tuckunder Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
- Details: Garage Dimensions (9'2"x21'5")
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Fencing: Full,Vinyl,Wood
Lot
- Size: 5,227 Square Feet
- Dimensions: 40 x 128
Details
- Foundation area: 672
- Parcel number: 1702824410066
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Reeve Park 3rd Div
HOA
- Has HOA: No
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $345/sqft
- Tax assessed value: $547,500
- Annual tax amount: $8,609
- Date on market: 4/15/2026
- Cumulative days on market: 29 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Sold | $740,000+1.4%$345/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7030065 Report a problem | ||
| 4/26/2026 | Pending sale | $730,000$340/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7030065 Report a problem | ||
| 4/15/2026 | Listed for sale | $730,000+20.5%$340/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7030065 Report a problem | ||
| 11/22/2024 | Sold | $606,000+1.2%$283/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6604714 Report a problem | ||
| 11/4/2024 | Pending sale | $599,000$279/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6604714 Report a problem | ||
| 10/11/2024 | Listed for sale | $599,000+53.6%$279/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6604714 Report a problem | ||
| 1/29/2007 | Sold | $390,000+1.3%$182/sqft |
Source: Public Record Report a problem | ||
| 8/9/2004 | Sold | $385,000$180/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,340 +13.3% | $547,500 -0.6% |
| 2024 | $7,360 +2.7% | $551,000 -0.4% |
| 2023 | $7,166 +6% | $553,000 +3% |
| 2022 | $6,762 +5.2% | $537,000 +10% |
| 2021 | $6,428 -5.8% | $488,000 +1.7% |
| 2020 | $6,824 +6.2% | $480,000 +2% |
| 2019 | $6,428 -5.8% | $470,500 |
| 2018 | $6,824 +5.7% | $470,500 +20.3% |
| 2017 | $6,454 +4.2% | $391,000 +6.5% |
| 2016 | $6,194 +3.6% | $367,000 |
| 2015 | $5,981 -6% | $367,000 +14% |
| 2014 | $6,365 +6.4% | $322,000 |
| 2013 | $5,980 -0.6% | $322,000 -2.7% |
| 2012 | $6,014 -0.9% | $331,000 -4.5% |
| 2011 | $6,068 +15.8% | $346,500 |
| 2010 | $5,240 +3.9% | $346,500 |
| 2009 | $5,044 +21.3% | $346,500 +14.9% |
| 2006 | $4,157 +10.6% | $301,500 +15% |
| 2005 | $3,759 +8.8% | $262,200 +15% |
| 2004 | $3,456 +11.6% | $228,000 +12% |
| 2002 | $3,095 -56.5% | $203,600 |
| 2001 | $7,110 | -- |
Find assessor info on the county website
Neighborhood: Fulton
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Nearby schools
GreatSchools rating
- NALake Harriet Upper SchoolGrades: 4-8Distance: 0.3 mi
- NASouthwest High School - SWSGrades: 9-12Distance: 0.8 mi
- 7/10Anthony Middle SchoolGrades: 6-8Distance: 1.1 mi
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Estimated market value
$736,300
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Estimated market value
$736,300
- Minnesota
- Hennepin County
- Minneapolis
- 55410
- Fulton
- 5040 Russell Ave S
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