4259 OLIVER AVE N MINNEAPOLIS MN 55412

PID: 0402924220176

Property Overview

Parcel ID0402924220176

Lot Size5,676 sq ft (0.130 ac)

Lot Dimensions (est.)124 ft wide × 46 ft deep

Year Built1960

Property ClassRESIDENTIAL

OwnerCHUE YANG & MAI MOUA

Assessed Value$271,300

Land Value$50,000

Building Value$221,300

Annual Tax$3,854

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $16K total declared value · Most recent: Aug 2023 (misc)

MiscAug 2023Closed

$11K

WINDOW CONCEPTS OF MINNESOTA INC

MiscAug 2020Closed

$5K

Chue Yang

ExistresJul 2020Closed

SEDGWICK HEATING & AIR CONDITIONING

ResFeb 2020Closed

CenterPoint Energy Resource Corp

ExistresMar 2018Closed

Metro Heating & Cooling LLC

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 depth6 ft

Area~2,750 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 2,750 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4255 OLIVER AVE N MINNEAPOLIS MN 55412	HELEN J LAWLER	RESIDENTIAL	$226,300	46 ft
4249 OLIVER AVE N MINNEAPOLIS MN 55412	LAURA LEFFLER	RESIDENTIAL	$269,500	93 ft
4307 OLIVER AVE N MINNEAPOLIS MN 55412	R F SIMS & A E JOHNSON	RESIDENTIAL	$323,700	123 ft
4264 PENN AVE N MINNEAPOLIS MN 55412	EMMA KNIPE/ALEXANDER M LUCAS	RESIDENTIAL	$271,400	140 ft
4245 OLIVER AVE N MINNEAPOLIS MN 55412	SHERMAN S CURRY/MYRA J CURRY	RESIDENTIAL	$258,200	143 ft
4260 PENN AVE N MINNEAPOLIS MN 55412	ANDREW C OLSON	RESIDENTIAL	$193,600	147 ft
4248 PENN AVE N MINNEAPOLIS MN 55412	ANTONIO HANSON	RESIDENTIAL	$254,500	167 ft
2140 43RD AVE N MINNEAPOLIS MN 55412	MARCELO GIRON HERNANDEZ	RESIDENTIAL	$241,900	176 ft
4311 OLIVER AVE N MINNEAPOLIS MN 55412	JEFFREY DAVISON	RESIDENTIAL	$178,000	183 ft
4264 OLIVER AVE N MINNEAPOLIS MN 55412	P B OCAMPO & M C VALENZUELA	RESIDENTIAL	$279,000	185 ft

Property History

Most Recent Sale

Date200105

Price$144,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,854