3633 OLIVER AVE N MINNEAPOLIS MN 55412

PID: 0402924330002

Property Overview

Parcel ID0402924330002

Lot Size4,869 sq ft (0.112 ac)

Lot Dimensions (est.)127 ft wide × 38 ft deep

Year Built2019

Property ClassRESIDENTIAL

OwnerSANDRA GUZMAN

Assessed Value$361,000

Land Value$20,000

Building Value$341,000

Annual Tax$5,341

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,590/mo

Renter-occupied27.3%

Median home value$193K

Vacancy rate7.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1008

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 width28 ft

Buildable depth88 ft

Area~2,463 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 2,463 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3635 OLIVER AVE N MINNEAPOLIS MN 55412	CAIRNLOCK REVOCABLE TRUST	RESIDENTIAL	$107,000	38 ft
3629 OLIVER AVE N MINNEAPOLIS MN 55412	MAURICE MBOULA	RESIDENTIAL	$194,700	39 ft
3625 OLIVER AVE N MINNEAPOLIS MN 55412	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	77 ft
3639 OLIVER AVE N MINNEAPOLIS MN 55412	PENROD LANE LLC	RESIDENTIAL-TWO UNIT	$242,400	80 ft
3621 OLIVER AVE N MINNEAPOLIS MN 55412	SHENG VANG	RESIDENTIAL	$311,100	122 ft
3643 OLIVER AVE N MINNEAPOLIS MN 55412	TRIO INVESTMENTS LLC	RESIDENTIAL	$163,500	125 ft
3649 OLIVER AVE N MINNEAPOLIS MN 55412	KAYE-LANI STORY	RESIDENTIAL	$265,000	171 ft
2141 37TH AVE N MINNEAPOLIS MN 55412	CANDIS ALLEN	CONDOMINIUM	$85,100	171 ft
2143 37TH AVE N MINNEAPOLIS MN 55412	GREGG LAING	CONDOMINIUM	$93,500	171 ft
2145 37TH AVE N MINNEAPOLIS MN 55412	BETTY L GRAHAM	CONDOMINIUM	$85,100	171 ft

Property History

Most Recent Sale

Date202003

Price$265,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,341