4433 OLIVER AVE N MINNEAPOLIS MN 55412

PID: 1411821120036

Property Overview

Parcel ID1411821120036

Lot Size5,173 sq ft (0.119 ac)

Lot Dimensions (est.)126 ft wide × 41 ft deep

Year Built1929

Property ClassRESIDENTIAL

OwnerELIZABETH ALEXA KORBY

Assessed Value$403,000

Land Value$47,000

Building Value$356,000

Annual Tax$6,038

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2017 · $38K total declared value · Most recent: Apr 2026 (res)

ResApr 2026Inspection

Farr Plumbing and Heating LLC

ResMay 2022Closed

Lake State Plumbing LLC

RemodelMar 2021Closed

$30K

Ashley Healy

MiscFeb 2021Closed

$2K

CARDINAL EXTERIORS INC

ResSep 2020Closed

ACI Plumbing Inc

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

Neighborhood Profile

Minneapolis

Median reported rent717/mo

Renter-occupied29.2%

Median home value$230K

Vacancy rate2.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1002

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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 width113 ft

Buildable depth1 ft

Area~2,413 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 2,413 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4429 OLIVER AVE N MINNEAPOLIS MN 55412	WAYNE A CASSMAN	RESIDENTIAL	$305,200	42 ft
4425 OLIVER AVE N MINNEAPOLIS MN 55412	R K ELDER & J R ELDER	RESIDENTIAL	$295,400	84 ft
4421 OLIVER AVE N MINNEAPOLIS MN 55412	LUENN MICHELLE LODIN	RESIDENTIAL	$247,300	126 ft
4434 PENN AVE N MINNEAPOLIS MN 55412	C GARCIA/N GARCIA ET AL	RESIDENTIAL	$390,600	138 ft
4430 PENN AVE N MINNEAPOLIS MN 55412	B J POLAK & H VANDERWIELEN	RESIDENTIAL	$311,800	143 ft
4426 PENN AVE N MINNEAPOLIS MN 55412	M MILLARD & C S KING	RESIDENTIAL	$248,200	160 ft
4419 OLIVER AVE N MINNEAPOLIS MN 55412	EVONNE GIBSON	RESIDENTIAL	$247,700	168 ft
4422 PENN AVE N MINNEAPOLIS MN 55412	J L FLORES & M FORCE	RESIDENTIAL	$236,700	185 ft
4434 OLIVER AVE N MINNEAPOLIS MN 55412	M M LEONARD & C A DERANEK	RESIDENTIAL	$241,500	186 ft
4430 OLIVER AVE N MINNEAPOLIS MN 55412	JERROD GUSTAVUS LESAVAGE	RESIDENTIAL	$247,000	192 ft

Property History

Most Recent Sale

Date202203

Price$403,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,038