Lori Gustafson

5348 Russell Avenue S

Minneapolis, MN
$ 674,900 Beds 4 Baths 2 Sq 2,358
Monthly Estimate* How much can I afford?

Welcome to 5348 Russell Avenue South, tucked into a quiet, tree-lined street in the heart of Minneapolis's beloved Fulton neighborhood — steps from Minnehaha Creek and, quite simply, the best of southwest Minneapolis. This thoughtfully updated four-bedroom, two-bathroom mid-century rambler blends timeless character with meaningful modern upgrades throughout. Hardwood floors run through the main level, where a light-filled living room with electric blinds centers around a charming fireplace, flowing into a dining room that opens through to a newly finished sunroom — once a three-season porch, now a heated, year-round retreat with radiant floor heat. The kitchen offers easy access to both the dining room and backyard, and California Closets outfit every main-level closet for effortless organization. Down the hall, three bedrooms and a full bath complete the main level. The lower level is where this home truly sets itself apart: a rare walkout basement — uncommon for this charming neighborhoods like these — leads out through sliding glass doors to the fenced backyard, and features a spacious family room anchored by a working gas fireplace, a fourth bedroom, a 3/4 bath, and abundant storage. Outside, enjoy a fully fenced yard with a paver patio and pergola, ideal for summer evenings, plus a 1-car tuckunder garage with potential to expand into a 2-car tandem. Major systems are freshly updated with a brand-new roof and gutters (July 2026) and a high-efficiency HVAC system (2024), offering true peace of mind. Just blocks from Colita, Saturday Dumpling Co., and Broders' Pasta Bar, and minutes from the shops and restaurants of 50th & France, this home also enjoys easy access to Minnehaha Creek's walking and biking trails. A rare opportunity to own a lovingly updated home in one of southwest Minneapolis's most special and charming pockets.

Single Family

  • Price
  • $ 674,900
  • City
  • Minneapolis
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Harriet Heights 3rd Div
  • Lot Size
  • 0.13 Acres
  • Zip
  • 55410
  • Sqr Footage
  • 2,358
  • Year Built
  • 1951
  • Taxes
  • $ 7465
  • Style
  • Single Family
  • MLS#
  • 7055930
Listed By: Pemberton RE
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2358
Sewer City Sewer/Connected
Heating Forced Air,In-Floor Heating
Cooling Central Air
Roof Age 8 Years or Less
Appliances Cooktop,Dishwasher,Dryer,ENERGY STAR Qualified Appliances,Exhaust Fan,Gas Water Heater,Range,Refrigerator,Stainless Steel Appliances,Washer
Garage Spaces 1
Year Built 1951
Levels One
Property Subtype Single Family
Tax Year 2025
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Harriet Heights 3rd Div
Full Baths 1
Directions Penn or Xerxes to 54th - to Russell. Right Near the Creek.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 7465
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),French Doors,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Porch,Sun Room,Tile Floors,Washer/Dryer Hookup
PostalCity Minneapolis

Interior Features

Basement Egress Window(s),Finished,Full,Storage Space,Walkout
Total Fireplaces 2
Fireplace Features Decorative,Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1518
3/4 Baths 1
Total Bedrooms 4
Below Grade Finished Area 840
Total Baths 2
Bath Desc 3/4 Basement,Main Floor Full Bath
Foundation Dimensions 31x44
Fuel Natural Gas
Garage Dimensions 26x11
Garage Square Feet 286

Exterior Features

Fencing Composite,Full
Parking Features Attached Garage,Tuckunder Garage
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.13
Building Area Total 2718
Lot Dimensions 42x127
Waterfront Y/N No
Foundation Area 1342

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/12/2026 Listed $699,900
9/24/2026 4% - $674,900

Property vs Zip Code Average in 55410

Price
AVG $930K
$670K
Taxes
AVG $9,701
$7,465
Year Built
AVG 1963
1951
Visits
AVG 120
19
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

5348 Russell Avenue S Minneapolis, MN is a Single Family Home for sale at $674900 with 2358 sqft and a lot size of 0.13 Acres Acre(s). 5348 Russell Avenue S Minneapolis has 4 bedrooms, 2 baths and was built in 1951. The property's zip code is 55410 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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