3722 OLIVER AVE N MINNEAPOLIS MN 55412

PID: 0402924330094

Property Overview

Parcel ID0402924330094

Lot Size5,092 sq ft (0.117 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerANDREA AQUINO-ROJAS

Assessed Value$182,800

Land Value$21,000

Building Value$161,800

Annual Tax$2,386

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

1 permit on record since 2023 · Most recent: Mar 2023 (res)

ResMar 2023Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Folwell · 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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth87 ft

Area~2,618 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 sfr / adu benchmarks for 2,618 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3718 OLIVER AVE N MINNEAPOLIS MN 55412	RYAN BALLOU	RESIDENTIAL	$129,000	40 ft
3726 OLIVER AVE N MINNEAPOLIS MN 55412	CLIFFORD A DAVIS ET AL	RESIDENTIAL	$105,000	40 ft
3714 OLIVER AVE N MINNEAPOLIS MN 55412	MAYRA V HILER BUENANO	RESIDENTIAL	$204,900	80 ft
3730 OLIVER AVE N MINNEAPOLIS MN 55412	JODI K F JONES	RESIDENTIAL	$199,000	80 ft
3710 OLIVER AVE N MINNEAPOLIS MN 55412	TERRA A MAYFIELD	RESIDENTIAL	$259,100	120 ft
3734 OLIVER AVE N MINNEAPOLIS MN 55412	PETER GIRARD & JANICE GIRARD	RESIDENTIAL	$136,600	120 ft
3723 NEWTON AVE N MINNEAPOLIS MN 55412	SHAMSADIN FADUL SULIMAN	RESIDENTIAL	$148,600	142 ft
3727 NEWTON AVE N MINNEAPOLIS MN 55412	GAVIN PUGH & CRISHA PUGH	RESIDENTIAL	$175,700	146 ft
3715 NEWTON AVE N MINNEAPOLIS MN 55412	DANIEL A HARDEN	RESIDENTIAL	$207,700	159 ft
3731 NEWTON AVE N MINNEAPOLIS MN 55412	MARK CREEGAN	RESIDENTIAL	$149,600	160 ft

Property History

Most Recent Sale

Date201206

Price$29,500

TypeQUIT CLAIM DEED

Current Tax Year

Year2026

Tax Due$2,386