5059 OLIVER AVE N MINNEAPOLIS MN 55430

PID: 1111821130006

Property Overview

Parcel ID1111821130006

Lot Size8,070 sq ft (0.185 ac)

Lot Dimensions (est.)125 ft wide × 64 ft deep

Year Built1957

Property ClassRESIDENTIAL-TWO UNIT

OwnerBRENT MYERS

Assessed Value$345,700

Land Value$54,000

Building Value$291,700

Annual Tax$5,089

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2021 · $23K total declared value · Most recent: Mar 2026 (existres)

ExistresMar 2026Inspection

Dean's Professional Plumbing Inc

ExistresApr 2025Inspection

K & S Heating Air Conditioning & Plumbing Inc

MiscNov 2023Closed

$10K

Wolf River Electric

RemodelAug 2023Closed

$12K

Wolf River Electric

ExistresFeb 2022Closed

CENTERPOINT ENERGY

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Shingle Creek · Minneapolis

Median reported rent1,265/mo

Renter-occupied13.6%

Median home value$214K

Vacancy rate8.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1.01

Market Snapshot

Zip code 55430

Median sale price$285K+3.3% YoY

Median price / sqft$175/sqft

Median days to close36 days

Active listings37

Source: Redfin Data Center (Invalid Date) · Zip 55430

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling 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 width112 ft

Buildable depth24 ft

Area~4,379 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 4,379 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5053 OLIVER AVE N MINNEAPOLIS MN 55430	VINCENT RENTAL PROP LLC	LOW INCOME RENTAL	$227,200	52 ft
5049 OLIVER AVE N MINNEAPOLIS MN 55430	ALICE G DEKOUM	RESIDENTIAL	$225,400	92 ft
5045 OLIVER AVE N MINNEAPOLIS MN 55430	CAROL L MCCRILLIS	RESIDENTIAL	$240,800	132 ft
5058 PENN AVE N MINNEAPOLIS MN 55430	CHEE XIONG	RESIDENTIAL-TWO UNIT	$314,700	138 ft
5052 PENN AVE N MINNEAPOLIS MN 55430	YUEPENG VANG	RESIDENTIAL	$311,000	151 ft
5041 OLIVER AVE N MINNEAPOLIS MN 55430	ERIC RYAN UNTERSEHER	RESIDENTIAL	$229,000	182 ft
5044 PENN AVE N MINNEAPOLIS MN 55430	SHAWN CLOYD & LISA B CLOYD	RESIDENTIAL-TWO UNIT	$365,700	183 ft
5040 PENN AVE N MINNEAPOLIS MN 55430	CHONG THOR & YER THOR	RESIDENTIAL	$251,300	227 ft
5035 OLIVER AVE N MINNEAPOLIS MN 55430	E LOPEZ & D H FERNANDEZ	RESIDENTIAL	$284,200	242 ft
5034 PENN AVE N MINNEAPOLIS MN 55430	FELICIA A BROOKS	RESIDENTIAL	$309,300	277 ft

Property History

Most Recent Sale

Date202304

Price$400,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,089