📍 5040 Russell Ave S, Minneapolis MN 55410

Fall in Love with this Fulton Gem

Offered at $750,000

CONTACT ALISON TO LEARN MORE
A cozy two-story yellow house with a sunroom, lit from inside, during sunset. The house has gray roofing, a small front porch with steps, a driveway, and is surrounded by trees and bushes.
Bright living room with three large windows, a green sectional sofa, two cream armchairs, a wooden side table, a glass top coffee table, a floor lamp with a large white shade, white curtains, and a patterned area rug.
Sunroom with blue sofa, yellow star-patterned pillows, small round wooden table, potted plant, and large windows showing a suburban street scene with trees and houses.
Living room with hardwood floors, white walls, a green sofa with pillows and a beige throw, a white armchair, a wooden coffee table, a wood sideboard with a wall-mounted TV showing a beach scene, framed floral artwork, curtains, a tall arc floor lamp
Living room with white and green furniture, gold coffee table, beige area rug, white curtains, and a tall white and gold floor lamp.
Living room with a green sofa, gold coffee table, white curtains, wooden door, wood flooring, and a decorative vase with flowers.
A dining room with a wooden table and tan chairs, a wooden sideboard with a tray of metalware, a large mirror, a chandelier, and a vase of white flowers, featuring green and white wallpaper and hardwood floors.
A dining room with a wooden table and six tan chairs. There is a green and white floral vase with white flowers and candles on the table. The room has large windows with white curtains, beige wallpaper with a green wainscot, and a chandelier hanging
A dining room with a wooden table and brown chairs, a vase with white flowers on the table, large windows with white curtains, and a chandelier hanging from the ceiling. In the background, there is a living room with white sofas and a green sofa, a c
A modern kitchen with white cabinets, black countertops, a stainless steel oven and dishwasher, a microwave, and a double sink beneath a window.
Kitchen with white cabinets, black countertops, double sink, stainless steel dishwasher, coffee maker, and two windows with trees outside
Children's play area with small table and chairs, patterned poufs, and a colorful wall mural, adjacent to a cozy living room with a patterned accent wall and seating.
Interior of a children's playroom or corner with a small wooden table and chairs, a colorful bookshelf shaped like a tree, and wall painted with pastel arches. There's a window near the staircase, and a plush armchair is partially visible.
A cozy living room corner with a light green sofa, decorative pillows, a beige ottoman with a throw blanket, a tall floor lamp, floral wallpaper, a large framed landscape painting, and a window with white trim.
A room with green walls featuring a large round wooden clock and a flat-screen TV displaying a beach scene. There is a wooden table with a bench underneath and a partial view of a staircase with dark wood steps and a white railing.
A dining room with green walls, a wooden table with benches, sliding glass doors, decor, and a pool visible outside.
A children's bedroom with a white bunk bed and polka dot bedding, a plush giraffe toy, a window with beige curtains, and wall art of ducks.
A cozy bedroom with blue walls, a green upholstered headboard, and hardwood floors. The bed has white sheets, purple and beige throw pillows, and a plaid lumbar pillow. Two table lamps are on either side of the bed, and two windows with white pattern
A bedroom with blue walls, a large bed with white linens and multiple decorative pillows, a green patterned area rug, a blue nightstand with a lamp and magazines, a window with white curtains, and framed artwork on the walls
A cozy bedroom with a large bed covered in white bedding, decorative pillows, and a gray throw blanket. A wooden nightstand with a lamp is beside the bed. An arched mirror stands at the foot of the bed, reflecting the room. The wall behind the bed fe
A clean, white bathroom with a porcelain pedestal sink, a mirror, a frosted window, white subway tile walls with a black trim, a bathtub with a white shower curtain, and black countertops.
Bathroom with a shower to the left and a sink with a wooden cabinet below, a mirror with lighting above, and a blue wall with framed picture to the right.
Laundry room with a silver washing machine, a gray utility sink, and a decorative window with blue and purple stained glass.
Backyard with a concrete driveway, white privacy fence, and trees without leaves; neighboring houses are visible in the background.
Backyard patio with black metal table and six chairs, surrounded by a wooden fence, with leaf-covered dirt ground and a concrete walkway. A white picket fence and a large tree are in the background, along with neighboring houses and trees.
An outdoor hot tub in a wooden shelter with a slatted wall, a small black step stool, and a seating area with four blue Adirondack chairs and a fire pit.
Backyard patio with six blue Adirondack chairs arranged in a circle around a covered table, a grill covered with a black cover, white fencing, leafless trees, and a clear blue sky.
Three-floor house blueprint showing room layouts including a kitchen, living and dining rooms, bedrooms, bathrooms, laundry, garage, office/game room, nook, sitting room, hallways, screened porch, and staircase outlines.
Floor plan of a house's upper level showing three bedrooms, a bathroom, an entry hall, and a stairway.
Floor plan of a house showing a screened porch, living room, dining room, kitchen, entry, hall, and staircase.
Floor plan showing rooms labeled as sitting room, hall, bath, laundry, nook, office/game room, garage, and stairs.

SWEET HOME, SMART BUY IN COVETED SOUTHWEST MINNEAPOLIS

Welcome to 5040 Russell Ave S. — a beautifully updated and beyond turnkey home in the heart of the sought after Fulton neighborhood. This 3 bed, 2 bath home offers ~2,200 sq ft of finished space and stands out with a rare, three bedroom of one level floorplan as well as updates inside and out like a hot tub, updated electrical, flex room perfect for office or maybe even a bedroom—an exceptional find in this price range. 

Thoughtfully reimagined from top to bottom, this home blends classic charm with modern updates and is professionally curated. The main level offers a bright and functional layout, a generously sized kitchen, a cozy three-season porch for slow mornings, living room and formal dining room. The lower level includes additional finished space and offers a straightforward opportunity to use the recently finshed space from the garage conversion as a perfect home office, game room, or even a bedroom. You'll find many property updates with things like new roof (2024), water heater (2014) new electrical (2025) hot tub (2025) and more! (see updates in home documents section below)

This home has a secret - it is also a high producing short term rental that is projected to make 90k this year alone. Imagine having a home that can support itself entirely as an investment and also serve as a safe place to invest your money while reaping the rewards that come with it (taxes, financial freedom, etc). See the numbers and analysis below in linked documents. This home is being offered beyond turn key where buyers could set themselves up to start making money the day they close which is SO rare for investors.

Whether you are trying to buy into one of the most sought after neighborhoods in Minneapolis, moving cross country and need a place ready to move and save on moving costs or a beyond turnkey investment that will pay off - this is a very special one to consider. Reach out with any questions, I am always happy to share more and hop on a quick call or text.

alison@heathcotehomes.com
(612) 305 - 8199

3 BEDS 🛏️ | 2 BATHS 🛀 | 1 GARAGE 🚗 | ~2,200 SQ. FT. 📐 | 1 AMAZING FLEX ROOM ✨

Home Documents:

 
SCHEDULE A SHOWING

Looking to get your pre-approval process started for this home or another? We can help with that process. We work with a master of his craft mortgage lender, Matt Kremers from Envision Capital. It’s never too early to get the process started to get approved and in some cases, can happen a lot more quickly than you think.

Contact me to connect you with Matt or check out their website above. Your dream home is waiting for you .