5001 OLIVER AVE N MINNEAPOLIS MN 55430

PID: 1111821130024

Property Overview

Parcel ID1111821130024

Lot Size7,455 sq ft (0.171 ac)

Lot Dimensions (est.)125 ft wide × 60 ft deep

Year Built1955

Property Class—

OwnerCITY OF LAKES COMM LAND TRST

Assessed Value$235,000

Land Value$52,000

Building Value$183,000

Annual Tax$2,411

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · Most recent: Apr 2026 (existres)

ExistresApr 2026Inspection

Hoffman Refrigeration and Heating Ltd

ResMar 2020Closed

MN Plumbing & Home Services INC

ResJul 2018Closed

Priority Plumbing Inc

ExistresApr 2018Closed

Perfection Heating and Air Conditioning Inc

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 depth20 ft

Area~3,958 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 3,958 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
5011 OLIVER AVE N MINNEAPOLIS MN 55430	MARIA D C C DE ESCOBAR	RESIDENTIAL	$160,700	60 ft
2131 50TH AVE N MINNEAPOLIS MN 55430	JEAN I PARCHMENT	RESIDENTIAL	$284,600	111 ft
5017 OLIVER AVE N MINNEAPOLIS MN 55430	JONATHAN FELICIANO PEREIRA	RESIDENTIAL	$220,200	120 ft
5000 PENN AVE N MINNEAPOLIS MN 55430	LEAH L GABRIELSON	RESIDENTIAL	$311,300	138 ft
5010 PENN AVE N MINNEAPOLIS MN 55430	GREG YANG	RESIDENTIAL	$272,000	151 ft
4955 OLIVER AVE N MINNEAPOLIS MN 55430	RHONDA BEANE	RESIDENTIAL	$262,000	152 ft
4958 PENN AVE N MINNEAPOLIS MN 55430	DEBRA S CULLEN	RESIDENTIAL	$292,600	174 ft
5023 OLIVER AVE N MINNEAPOLIS MN 55430	THEODORE ANDERSON	RESIDENTIAL	$216,400	180 ft
5016 PENN AVE N MINNEAPOLIS MN 55430	NENG PAO XIONG & XOUA MOUA	RESIDENTIAL	$311,700	184 ft
4951 OLIVER AVE N MINNEAPOLIS MN 55430	TARIK FISHER	RESIDENTIAL	$224,800	192 ft

Property History

Most Recent Sale

Date201210

Price$500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,411