Sold / Closed
$740,000

Sold price · Closed May 18, 2026

5040 Russell Avenue S, Minneapolis, MN, 55410

3  Bedrooms2  Bathrooms2,137  Square Feet0.12  Acres
Days on market29
Year built1923
Garage spaces1
Potential $18,900buyer credit when you buy with SODL

About this home

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.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1923
LevelsTwo
Living area2,137 sqft
Above-grade finished1,364 sqft
Below-grade finished773 sqft
Lot size0.12 acres (40x128)
Days on market29
ListedMar 4, 2026
MLS #NST7030065
CountyHennepin
SubdivisionReeve Park 3rd Div
Parcel #1702824410066

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Ductless Mini-Split, Forced Air
Cooling
Central Air, Ductless Mini-Split
Appliances
Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances

Property

Levels / stories
Two
Garage
1 space · 9'2"x21'5" · 196 sqft
Parking features
Assigned, Attached Garage, Concrete, Garage Door Opener, Tuckunder Garage
Exterior features
Stucco
Fencing
Full, Vinyl, Wood
Lot size
0.12 acres

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 672 sqft
Year built
1923

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Reeve Park 3rd Div
HOA
No HOA
School district
1 - Minneapolis
High school district
Minneapolis

Financial & listing details

Annual tax
$8,609.7 (2025)
Listed
Mar 4, 2026
Days on market
29
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementPartially Finished
HeatingDuctless Mini-Split, Forced Air
CoolingCentral Air, Ductless Mini-Split
LaundryLaundry Room
AppliancesDishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances
DiningSeparate/Formal Dining Room
AmenitiesDeck, Patio, Porch, Tile Floors, Walk-Up Attic
AccessibilityNone

Exterior & lot

ExteriorStucco
FoundationBlock
Foundation area672 sqft
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAssigned, Attached Garage, Concrete, Garage Door Opener, Tuckunder Garage
Garage spaces1
Garage size196 sqft

Financial details

Annual taxes$8,609.7
Tax year2025
Taxes w/ assessments8609.7
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District1 - Minneapolis
District number1
District phone6126680000
High schoolMinneapolis
SODL flat fee brokerage
$18,900Estimated buyer credit
SODL platform fee $3,000Your buyer credit $18,900

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$4,797/mo
Principal & interest$3,836
Property taxes$717
Home insurance (est.)$243
%
$146,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

5040 Russell Avenue S, Minneapolis, MN, 55410

Listing information

MLS #NST7030065
Last reported MLS statusClosed
MLS record updatedMay 20, 2026, 1:55 AM
Originally listedMar 4, 2026, 5:41 PM
Listing officeFox Realty

Status reflects the latest MLS record available to SODL, not independently confirmed current availability. Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.