256 Russell Avenue S Minneapolis, MN $ 475,000
256 Russell Avenue S
$ 475,000
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256 Russell Avenue S

Minneapolis, MN, 55405
$ 475,000
Bedrooms4 Baths2.0 Sq 2,380

Monthly Estimate*

$ 3,281

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Multi-Family Home for sale in Minneapolis, MN

for $475,000 with 4 bedrooms and 2 full baths. This 2,380 square foot home was built in 1900 on a lot size of 0.12.

This well kept duplex in the heart of quaint little Bryn Mawr. Tons of updates throughout with remodeled kitchens and professionally built new retaining wall, pavers and landscaping. Perfect for owner occupier buyer or investor with strong rental demand and low turn over. All original woodwork trim and hardwood floors throughout w/ 2 identical 2bed/1bath units. 2 Car garage, lots of storage in basement, great back yard, and upper level deck for grilling. Washer/dryer in basement and gas and electric utilities are separate. Each unit has a private rear deck and great tree cover for shade and some privacy. Every window was inspected by an expert who opened every casement and lubricated the pulls. Recent updates in the last few years include: new sewer line to street, retaining wall (2022), new LL Fridge, new Carrara quartz counters in both units, (no stainingor resealing, regular yearly maintenance on boilers, new water heater (2018), and more!

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Multi-Family Active

Price

$ 475,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,390

Style

Duplex Up and Down

Lot Size

0.12

Year Built

1900

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7130258

Features
General
Living Area 2380
Sewer City Sewer/Connected
Heating Boiler
Garage Spaces 2
Year Built 1900
Levels Two
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 39827
Accessibility None
County Hennepin
Net Operating Income 34798
Operating Expense 1800
Insurance Expense 1000
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 189
Directions Heading West on 394 exit on Penn Avenue South and turn left then turn left onto West Laurel Avenue. The house is on the right on the corner of West Laurel Avenue and Russell Avenue South.
City Minneapolis
High School District Minneapolis
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 8390.46
Electric Expense 0
Fuel Expense 0
Trash Expense 840
Water Sewer Expense 1100
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Unfinished
Basement (Y/N) Y
Above Grade Finished Area 2380
Laundry Features In Basement
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 2
Fuel Natural Gas
Garage Dimensions 21x20
Garage Square Feet 420
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Exterior
Parking Features Detached Garage
Lot Features Corner Lot Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.12
Building Area Total 3570
Lot Dimensions 40x128
Waterfront Y/N N
Foundation Area 1190
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 256
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* Excluded Features
List By
Jason Mitchell Group

Broker

ryan@ryanluthi.com

Email

Affordability Calculator

$3,980
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,281
Monthly Property Taxes
$699
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/9/2026$475,000 -4.04% Price Down
8/24/2026$495,000 Listed Price

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256 Russell Avenue S, Minneapolis, MN, 55405 is a Multi-Family Home for sale at $475,000 with 2,380 sqft and a lot size of 0.12. 256 Russell Avenue S has 4 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 55405 which is in Minneapolis, MN