3534 OLIVER AVE N MINNEAPOLIS MN 55412

PID: 0902924220200

Property Overview

Parcel ID0902924220200

Lot Size5,130 sq ft (0.118 ac)

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

Year Built1951

Property ClassRESIDENTIAL

OwnerGALATIANS LLC

Assessed Value$154,900

Land Value$18,000

Building Value$136,900

Annual Tax$2,376

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 · $6K total declared value · Most recent: Nov 2024 (misc)

MiscNov 2024Closed

$6K

HAWKEYE REAL ESTATE INVESTMENTS 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 width30 ft

Buildable depth88 ft

Area~2,647 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 2,647 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
3530 OLIVER AVE N MINNEAPOLIS MN 55412	KEANNDRA M AULD	RESIDENTIAL	$183,000	40 ft
3538 OLIVER AVE N MINNEAPOLIS MN 55412	JACOB WHITING	RESIDENTIAL	$187,200	40 ft
3526 OLIVER AVE N MINNEAPOLIS MN 55412	VICKIE BYRD	RESIDENTIAL	$123,100	80 ft
3542 OLIVER AVE N MINNEAPOLIS MN 55412	GARY BARKE	RESIDENTIAL	$177,300	80 ft
3522 OLIVER AVE N MINNEAPOLIS MN 55412	FLETCHER JAHN	RESIDENTIAL	$125,500	120 ft
3546 OLIVER AVE N MINNEAPOLIS MN 55412	MAX HUNTER	RESIDENTIAL	$195,200	120 ft
3535 NEWTON AVE N MINNEAPOLIS MN 55412	A G FLORES & M G DELGADO	RESIDENTIAL	$145,900	140 ft
3539 NEWTON AVE N MINNEAPOLIS MN 55412	ALLURE INVESTMENTS LLC	LOW INCOME RENTAL	$171,300	145 ft
3531 NEWTON AVE N MINNEAPOLIS MN 55412	FADEL NIEDZIELSKI	RESIDENTIAL	$135,000	146 ft
3543 NEWTON AVE N MINNEAPOLIS MN 55412	D R LOMBARD & C M LOMBARD	RESIDENTIAL	$128,000	160 ft

Property History

Most Recent Sale

Date201609

Price$82,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,376