3518 OLIVER AVE N MINNEAPOLIS MN 55412

PID: 0902924220196

Property Overview

Parcel ID0902924220196

Lot Size5,128 sq ft (0.118 ac)

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

Year Built1976

Property ClassRESIDENTIAL

OwnerKYLE BERKLAND-MEYERS ET AL

Assessed Value$195,000

Land Value$18,000

Building Value$177,000

Annual Tax$2,588

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 2017 · Most recent: Jan 2017 (existres)

ExistresJan 2017Closed

Standard Heating and Air Conditioning 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

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 depth88 ft

Area~2,645 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 2,645 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3514 OLIVER AVE N MINNEAPOLIS MN 55412	LUIS HUMBERTO HEREDIA CHANGO	RESIDENTIAL	$162,300	40 ft
3522 OLIVER AVE N MINNEAPOLIS MN 55412	FLETCHER JAHN	RESIDENTIAL	$125,500	40 ft
3510 OLIVER AVE N MINNEAPOLIS MN 55412	PROPERTY HOMES LLC	RESIDENTIAL	$171,400	80 ft
3526 OLIVER AVE N MINNEAPOLIS MN 55412	VICKIE BYRD	RESIDENTIAL	$123,100	80 ft
3530 OLIVER AVE N MINNEAPOLIS MN 55412	KEANNDRA M AULD	RESIDENTIAL	$183,000	120 ft
3519 NEWTON AVE N MINNEAPOLIS MN 55412	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	140 ft
3500 OLIVER AVE N MINNEAPOLIS MN 55412	D C HAVLOVICK & M VOLKMAN	RESIDENTIAL	$341,700	140 ft
3515 NEWTON AVE N MINNEAPOLIS MN 55412	CAROLINA DIAZ BARBAN	RESIDENTIAL	$178,900	146 ft
3523 NEWTON AVE N MINNEAPOLIS MN 55412	COLLIN P DAY	RESIDENTIAL	$296,000	151 ft
3534 OLIVER AVE N MINNEAPOLIS MN 55412	GALATIANS LLC	RESIDENTIAL	$154,900	160 ft

Property History

Most Recent Sale

Date202409

Price$202,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,588