3446 OLIVER AVE N MINNEAPOLIS MN 55412

PID: 0902924220086

Property Overview

Parcel ID0902924220086

Lot Size5,036 sq ft (0.116 ac)

Lot Dimensions (est.)128 ft wide × 39 ft deep

Year Built1919

Property ClassRESIDENTIAL

OwnerKEREMENSIA MABERA

Assessed Value$118,000

Land Value$18,000

Building Value$100,000

Annual Tax$1,311

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

2 permits on record since 2023 · Most recent: Oct 2024 (existres)

ExistresOct 2024Closed

Modern Home Services LLC

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 width29 ft

Buildable depth89 ft

Area~2,582 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 2,582 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3438 OLIVER AVE N MINNEAPOLIS MN 55412	HERIN PACHECO VERGARA	RESIDENTIAL	$294,000	39 ft
3448 OLIVER AVE N MINNEAPOLIS MN 55412	CAMILLE A ALEXANDER	RESIDENTIAL	$216,900	39 ft
3434 OLIVER AVE N MINNEAPOLIS MN 55412	HERE2XL LLC	RESIDENTIAL-TWO UNIT	$262,200	78 ft
3450 OLIVER AVE N MINNEAPOLIS MN 55412	NANCY H HART	RESIDENTIAL	$160,400	79 ft
3430 OLIVER AVE N MINNEAPOLIS MN 55412	G LEWIS & D LEWIS	RESIDENTIAL	$206,500	118 ft
3454 OLIVER AVE N MINNEAPOLIS MN 55412	GARY WOLD	RESIDENTIAL-TWO UNIT	$274,200	118 ft
3443 NEWTON AVE N MINNEAPOLIS MN 55412	SPENCER BERGGREEN	RESIDENTIAL	$177,800	140 ft
3447 NEWTON AVE N MINNEAPOLIS MN 55412	JESUS R FERNANDEZ RODRIGUEZ	RESIDENTIAL	$193,200	145 ft
3439 NEWTON AVE N MINNEAPOLIS MN 55412	ALEXANDER GLADKOV	RESIDENTIAL	$164,000	146 ft
3426 OLIVER AVE N MINNEAPOLIS MN 55412	JAMES MOHLER	RESIDENTIAL	$168,400	157 ft

Property History

Most Recent Sale

Date202504

Price$160,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,311