4351 OLIVER AVE N MINNEAPOLIS MN 55412

PID: 0402924220151

Property Overview

Parcel ID0402924220151

Lot Size4,927 sq ft (0.113 ac)

Lot Dimensions (est.)123 ft wide × 40 ft deep

Year Built1940

Property ClassRESIDENTIAL

OwnerDONALD MOORE

Assessed Value$208,500

Land Value$46,000

Building Value$162,500

Annual Tax$2,812

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2021 · $10K total declared value · Most recent: Jul 2025 (existres)

ExistresJul 2025Closed

Blue Yeti Services LLC

ResApr 2025Inspection

Warners Stellian Co Inc

ExistresMar 2023Expired

Hoffman Refrigeration and Heating Ltd

MiscOct 2022Closed

$10K

Precision Exteriors Restoration LLC

ResDec 2021Closed

Urban Pine Plumbing and Mechanical Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Victory · Minneapolis

Median reported rent717/mo

Renter-occupied29.2%

Median home value$230K

Vacancy rate2.1%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1002

Market Snapshot

Zip code 55412

Median sale price$225K-2.2% YoY

Median price / sqft$172/sqft

Median days to close31 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55412

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth83 ft

Area~2,494 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,494 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4355 OLIVER AVE N MINNEAPOLIS MN 55412	REINVENTION R E GROUP L L C	LOW INCOME RENTAL	$219,500	40 ft
4347 OLIVER AVE N MINNEAPOLIS MN 55412	MELISSA YEM	RESIDENTIAL	$261,900	40 ft
4343 OLIVER AVE N MINNEAPOLIS MN 55412	ALEXANDRIA HORSMAN	RESIDENTIAL	$243,900	80 ft
4339 OLIVER AVE N MINNEAPOLIS MN 55412	C J BURBANK & M K BURBANK	RESIDENTIAL	$262,900	120 ft
2131 44TH AVE N MINNEAPOLIS MN 55412	J J MOTLOMELO/D M MOTLOMELO	RESIDENTIAL	$235,000	132 ft
2127 44TH AVE N MINNEAPOLIS MN 55412	VADIM BLYAKHMAN	RESIDENTIAL	$230,000	138 ft
2135 44TH AVE N MINNEAPOLIS MN 55412	N R SCHUTZ & A R SCHUTZ	RESIDENTIAL	$311,700	140 ft
4350 PENN AVE N MINNEAPOLIS MN 55412	BARRY W SANDBERG	RESIDENTIAL	$152,000	140 ft
4346 PENN AVE N MINNEAPOLIS MN 55412	SHAWN CHA & MANNY PHOTHIRATH	RESIDENTIAL-TWO UNIT	$296,200	145 ft
4354 PENN AVE N MINNEAPOLIS MN 55412	SHERI HIXON	RESIDENTIAL	$156,700	147 ft

Property History

Most Recent Sale

Date201603

Price$135,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,812