4307 OLIVER AVE N MINNEAPOLIS MN 55412

PID: 0402924220162

Property Overview

Parcel ID0402924220162

Lot Size9,848 sq ft (0.226 ac)

Lot Dimensions (est.)124 ft wide × 80 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerR F SIMS & A E JOHNSON

Assessed Value$323,700

Land Value$62,000

Building Value$261,700

Annual Tax$4,723

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2017 · $13K total declared value · Most recent: Sep 2022 (misc)

MiscSep 2022Closed

$13K

Mayday Restoration

ResFeb 2020Closed

CenterPoint Energy Resource Corp

ExistresJan 2017Closed

STAFFORD HOME SERVICE

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width111 ft

Buildable depth40 ft

Area~5,564 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 5,564 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4311 OLIVER AVE N MINNEAPOLIS MN 55412	JEFFREY DAVISON	RESIDENTIAL	$178,000	60 ft
4315 OLIVER AVE N MINNEAPOLIS MN 55412	GAYLE FUHRER-MCCANDLESS	RESIDENTIAL	$251,600	100 ft
4259 OLIVER AVE N MINNEAPOLIS MN 55412	CHUE YANG & MAI MOUA	RESIDENTIAL	$271,300	123 ft
4319 OLIVER AVE N MINNEAPOLIS MN 55412	JOHN W KIVI	RESIDENTIAL	$278,000	140 ft
2140 43RD AVE N MINNEAPOLIS MN 55412	MARCELO GIRON HERNANDEZ	RESIDENTIAL	$241,900	141 ft
4306 PENN AVE N MINNEAPOLIS MN 55412	L HUSSEMANN & J HUSSEMANN	RESIDENTIAL	$314,000	142 ft
4310 PENN AVE N MINNEAPOLIS MN 55412	ERIC WALKER	RESIDENTIAL	$234,400	154 ft
4255 OLIVER AVE N MINNEAPOLIS MN 55412	HELEN J LAWLER	RESIDENTIAL	$226,300	169 ft
4314 PENN AVE N MINNEAPOLIS MN 55412	AARON CHRISTENSEN	RESIDENTIAL	$241,000	174 ft
4323 OLIVER AVE N MINNEAPOLIS MN 55412	KATHLEEN I HARTWELL TRUSTEE	RESIDENTIAL	$206,500	180 ft

Property History

Most Recent Sale

Date202110

Price$300,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,723