3010 OLIVER AVE N MINNEAPOLIS MN 55411

PID: 0902924320102

Property Overview

Parcel ID0902924320102

Lot Size5,413 sq ft (0.124 ac)

Lot Dimensions (est.)127 ft wide × 43 ft deep

Year Built1902

Property ClassRESIDENTIAL-TWO UNIT

OwnerPATRICK W SLATER

Assessed Value$202,300

Land Value$16,000

Building Value$186,300

Annual Tax$3,825

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

Potential programs

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Jordan · Minneapolis

Median reported rent1,750/mo

Renter-occupied36.0%

Median home value$198K

Vacancy rate6.2%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1257

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

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 width33 ft

Buildable depth86 ft

Area~2,837 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 2,837 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3006 OLIVER AVE N MINNEAPOLIS MN 55411	R SANCHEZ & G HIDALGO	RESIDENTIAL	$169,600	42 ft
3012 OLIVER AVE N MINNEAPOLIS MN 55411	PATRICK W SLATER	RESIDENTIAL	$135,000	43 ft
2112 30TH AVE N MINNEAPOLIS MN 55411	DAMEON M HENDERSON	RESIDENTIAL-TWO UNIT	$316,100	83 ft
3018 OLIVER AVE N MINNEAPOLIS MN 55411	DELIA VANLIEW	RESIDENTIAL	$219,900	86 ft
2122 30TH AVE N MINNEAPOLIS MN 55411	SHENYENG VANG	RESIDENTIAL	$154,000	88 ft
3022 OLIVER AVE N MINNEAPOLIS MN 55411	SHEREE BOCHENEK	RESIDENTIAL	$210,200	128 ft
3009 NEWTON AVE N MINNEAPOLIS MN 55411	BUSBY DASENT	RESIDENTIAL	$192,600	140 ft
3015 NEWTON AVE N MINNEAPOLIS MN 55411	JUAN SALAZAR	RESIDENTIAL	$156,600	146 ft
3007 NEWTON AVE N MINNEAPOLIS MN 55411	KEITH D MALMER	RESIDENTIAL	$158,300	147 ft
3019 NEWTON AVE N MINNEAPOLIS MN 55411	GEMCO LODGING LLC	RESIDENTIAL	$190,000	163 ft

Property History

Most Recent Sale

Date199605

Price$14,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,825