4941 OLIVER AVE S MINNEAPOLIS MN 55419

PID: 1602824230091

Property Overview

Parcel ID1602824230091

Lot Size5,152 sq ft (0.118 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerZ COHEN & SARAH YATES-COHEN

Assessed Value$667,600

Land Value$324,000

Building Value$343,600

Annual Tax$10,881

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

11 permits on record since 2017 · $86K total declared value · Most recent: Sep 2024 (res)

ResSep 2024Closed

FIRESIDE HEARTH AND HOME

ResOct 2021Closed

J NORDSTROM PLUMBING LLC

RemodelSep 2021Closed

$25K

FUSION HOME IMPROVEMENT

MiscApr 2021Closed

$3K

THE KINGDOM BUILDERS

ExistresFeb 2021Closed

Total Air Inc

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

Neighborhood Profile

Lynnhurst · Minneapolis

Median reported rent1,625/mo

Renter-occupied17.4%

Median home value$721K

Vacancy rate0.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 106

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

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 width30 ft

Buildable depth89 ft

Area~2,663 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 2,663 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4945 OLIVER AVE S MINNEAPOLIS MN 55419	J W DUNNIGAN & J C DUNNIGAN	RESIDENTIAL	$671,600	40 ft
4937 OLIVER AVE S MINNEAPOLIS MN 55419	IAN G & NICOLE L KENNING	RESIDENTIAL	$694,200	40 ft
4949 OLIVER AVE S MINNEAPOLIS MN 55419	C E DUKE & S H BROWN	RESIDENTIAL	$591,000	80 ft
4933 OLIVER AVE S MINNEAPOLIS MN 55419	NANCY IRENE FITZGERALD	RESIDENTIAL	$543,000	80 ft
4953 OLIVER AVE S MINNEAPOLIS MN 55419	G SILVERTAND & K LARSEN	RESIDENTIAL	$703,100	120 ft
4929 OLIVER AVE S MINNEAPOLIS MN 55419	BRENT R & LORI K BOIS	RESIDENTIAL	$752,400	120 ft
4940 NEWTON AVE S MINNEAPOLIS MN 55419	JESSICA L ZAZWORSKY	RESIDENTIAL	$974,500	143 ft
4936 NEWTON AVE S MINNEAPOLIS MN 55419	D J BARRAS & C C MALISOW	RESIDENTIAL	$666,800	148 ft
4944 NEWTON AVE S MINNEAPOLIS MN 55419	WEIJIA CUI & ANDREW HORNING	RESIDENTIAL	$668,400	148 ft
4957 OLIVER AVE S MINNEAPOLIS MN 55419	JEFFREY C ALLEN & J E FENN	RESIDENTIAL	$519,800	160 ft

Property History

Most Recent Sale

Date201607

Price$580,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,881