3701 OLIVER AVE N MINNEAPOLIS MN 55412

PID: 0402924330118

Property Overview

Parcel ID0402924330118

Lot Size4,892 sq ft (0.112 ac)

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

Year Built1948

Property ClassRESIDENTIAL

OwnerKENNETH J BREZNY

Assessed Value$225,300

Land Value$21,000

Building Value$204,300

Annual Tax$3,090

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 2018 · $21K total declared value · Most recent: Mar 2023 (res)

ResMar 2023Closed

CenterPoint Energy Resource Corp

AccessoryApr 2022Closed

$21K

SUSSEL CORP

ResMar 2020Closed

Center Point Plumbing LLC

ResApr 2018Closed

Urban Pine Plumbing and Mechanical 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

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 width110 ft

Buildable depth0 ft

Area~2,221 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,221 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3707 OLIVER AVE N MINNEAPOLIS MN 55412	MOISES SANCHEZ	RESIDENTIAL	$169,000	40 ft
3711 OLIVER AVE N MINNEAPOLIS MN 55412	JOANNE M FOSTER	RESIDENTIAL	$140,400	80 ft
3649 OLIVER AVE N MINNEAPOLIS MN 55412	KAYE-LANI STORY	RESIDENTIAL	$265,000	103 ft
3715 OLIVER AVE N MINNEAPOLIS MN 55412	PA YANG	RESIDENTIAL	$199,400	120 ft
3700 PENN AVE N MINNEAPOLIS MN 55412	DENISE TO & JORDAN TO	TRIPLEX	$300,400	140 ft
3706 PENN AVE N MINNEAPOLIS MN 55412	3706 PENN AVE N LLC	RESIDENTIAL-TWO UNIT	$327,300	146 ft
3643 OLIVER AVE N MINNEAPOLIS MN 55412	TRIO INVESTMENTS LLC	RESIDENTIAL	$163,500	148 ft
3719 OLIVER AVE N MINNEAPOLIS MN 55412	M J MANTO & J COLDWELL	RESIDENTIAL	$205,000	160 ft
3708 PENN AVE N MINNEAPOLIS MN 55412	KATLYN TENNYSON	RESIDENTIAL	$241,600	162 ft
3700 OLIVER AVE N MINNEAPOLIS MN 55412	JEFFREY C COLLINS	RESIDENTIAL	$128,400	184 ft

Property History

Most Recent Sale

Date201705

Price$40,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,090