2 Beds   1 Bath   1,308 Sq. Ft.   Single-Family
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Russell Ave N
Minneapolis, MN 55430

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Status: Inactive
Listing ID: 57994667

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Property Information

  • Price: $185,000
  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 1,308
  • Year Built: 1954
  • Day(s) On Site: 127
  • Subdivision: ENGLEWOOD
  • Property Type: Single Family Dwelling

Potential Home Value

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Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Basement Sqft: 872
  • Construction Type: WOOD
  • Exterior Wall Type: STUCCO
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT
  • Roof Type: HIP
  • Land Area Sqft: 5,227
  • Year Built: 1954
  • APN: 11-118-21-24-0083
  • Property Type: Single Family Residence
  • Township: MINNEAPOLIS
  • Front Footage: 43
  • Depth Footage: 126
  • Living Sqft: 1,308
  • Garage: DETACHED
  • Subdivision: ENGLEWOOD

VA Home

U.S. Department of Veterans Affairs (VA) is a federal agency that guarantees mortgages to homeowners who have served in the armed forces /military. Therefore, when banks foreclose on VA-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at drastically-reduced prices to the public. Fast approval for veterans and lowest possible fixed-rate mortgages!

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:


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Rental Value

The estimated rental value for Russell Ave N located in Minneapolis, MN is $1,490/month. Comparable homes around Russell Ave N that are rentals have monthly ranges starting as low as $1,271 per month and as high as $1,710 per month. An owner looking to use this property as an investment could bring a return in the area of $1,271 - $1,710 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Minneapolis, MN
Home Inspectors
Devine Inspections
Todd A Devine
Inspectall LLC
Timothy D Gerdes
Acucheck Home Inspections
Bruce Blumenthal
Structure Tech Home Inspections
DJ Starzec
WIN Home Inspection - SW Minneapolis/Mtka
John S. McGrath

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Homes On This Street
View more homes on Russell Ave N

Russell Ave N
Minneapolis, MN 55430

2 Beds   1 Bath   1,308 sq. ft.   Single-Family


Status: Inactive Listing ID: 57994667

Property Information

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Public Records

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Property Description

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