3735 OLIVER AVE N MINNEAPOLIS MN 55412

PID: 0402924330110

Property Overview

Parcel ID0402924330110

Lot Size4,894 sq ft (0.112 ac)

Lot Dimensions (est.)123 ft wide × 40 ft deep

Year Built1952

Property ClassRESIDENTIAL

OwnerDAVID M & JEAN M GLYNN

Assessed Value$191,700

Land Value$21,000

Building Value$170,700

Annual Tax$2,533

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

4 permits on record since 2020 · $24K total declared value · Most recent: Aug 2023 (existres)

ExistresAug 2023Closed

CENTERPOINT ENERGY

ResMar 2023Closed

CenterPoint Energy Resource Corp

MiscApr 2022Closed

$12K

THE WINDOW STORE INC

MiscOct 2020Closed

$12K

STINSON SERVICES INC

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

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 width30 ft

Buildable depth82 ft

Area~2,469 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 2,469 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3739 OLIVER AVE N MINNEAPOLIS MN 55412	MICHAEL JOHN WAGNER	RESIDENTIAL	$194,000	40 ft
3731 OLIVER AVE N MINNEAPOLIS MN 55412	C LEVY & C ROTH	RESIDENTIAL	$190,600	40 ft
3743 OLIVER AVE N MINNEAPOLIS MN 55412	A L HAUGLAND & T L MATHIAS	RESIDENTIAL	$220,000	80 ft
3727 OLIVER AVE N MINNEAPOLIS MN 55412	CHAD A LAUF	RESIDENTIAL	$150,600	80 ft
3747 OLIVER AVE N MINNEAPOLIS MN 55412	EMMANUEL MORILLO CORDERO	RESIDENTIAL	$216,800	120 ft
3723 OLIVER AVE N MINNEAPOLIS MN 55412	MARY K SEEFELD	RESIDENTIAL	$229,300	120 ft
3734 PENN AVE N MINNEAPOLIS MN 55412	5S LLC	RESIDENTIAL	$163,500	140 ft
3730 PENN AVE N MINNEAPOLIS MN 55412	R A TORRES & A B BAILON	RESIDENTIAL	$159,900	144 ft
3738 PENN AVE N MINNEAPOLIS MN 55412	DWAYNE G MEIER	RESIDENTIAL	$157,800	146 ft
3726 PENN AVE N MINNEAPOLIS MN 55412	CHRISTINA ANNE PEDERSON	RESIDENTIAL	$122,700	159 ft

Property History

Most Recent Sale

Date198901

Price$58,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,533