3742 OLIVER AVE N MINNEAPOLIS MN 55412

PID: 0402924330099

Property Overview

Parcel ID0402924330099

Lot Size5,094 sq ft (0.117 ac)

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

Year Built1946

Property ClassRESIDENTIAL

OwnerWENDY L KELLY

Assessed Value$196,900

Land Value$21,000

Building Value$175,900

Annual Tax$2,620

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

No permits found in Minneapolis open data for this parcel.

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~2,619 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 2,619 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
3738 OLIVER AVE N MINNEAPOLIS MN 55412	B A D JIMENEZ & J D SANTOS	RESIDENTIAL	$180,900	40 ft
3746 OLIVER AVE N MINNEAPOLIS MN 55412	SARAH R ANDERSON	RESIDENTIAL	$209,000	40 ft
3734 OLIVER AVE N MINNEAPOLIS MN 55412	PETER GIRARD & JANICE GIRARD	RESIDENTIAL	$136,600	80 ft
3750 OLIVER AVE N MINNEAPOLIS MN 55412	TAIJSHA PARKER	RESIDENTIAL	$196,800	80 ft
3730 OLIVER AVE N MINNEAPOLIS MN 55412	JODI K F JONES	RESIDENTIAL	$199,000	120 ft
3754 OLIVER AVE N MINNEAPOLIS MN 55412	ABIGAIL MARIE LAY	RESIDENTIAL	$175,900	120 ft
3743 NEWTON AVE N MINNEAPOLIS MN 55412	RRE VENTURES LLC	LOW INCOME RENTAL	$220,000	141 ft
3747 NEWTON AVE N MINNEAPOLIS MN 55412	KOUA CHA & CHUN LEE	RESIDENTIAL	$374,000	146 ft
3739 NEWTON AVE N MINNEAPOLIS MN 55412	DUSTIN VARPNESS	RESIDENTIAL	$170,800	147 ft
3758 OLIVER AVE N MINNEAPOLIS MN 55412	BUSBY GEORGE DASENT	RESIDENTIAL	$166,100	159 ft

Property History

Most Recent Sale

Date199808

Price$65,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,620